HUB24
HUB24, officially known as HUB24 Limited, is a leading provider of investment and superannuation solutions based in Australia. Established in 2007, the company has rapidly evolved, becoming a key player in the financial services industry, particularly in the areas of platform technology and managed investment solutions. Headquartered in Sydney, HUB24 operates across major Australian regions, offering a diverse range of products including investment platforms, superannuation funds, and managed portfolios. What sets HUB24 apart is its commitment to innovation and customer-centric services, enabling financial advisers and their clients to access tailored investment options. With a strong market position, HUB24 has achieved significant milestones, including recognition for its technology-driven approach and a growing client base, solidifying its reputation as a trusted partner in the financial landscape.
DitchCarbon Score
How does HUB24's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
HUB24's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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HUB24's reported carbon emissions
In 2022, HUB24 reported total carbon emissions of approximately 2,900,000 kg CO2e, comprising 404,000 kg CO2e from Scope 1, 2,826,000 kg CO2e from Scope 2 (with a market-based total of 2,041,000 kg CO2e), and 900,977 kg CO2e from Scope 3 emissions. This marked a significant reduction from 2021, where total emissions were about 89,432,000 kg CO2e, primarily driven by a decrease in Scope 1 emissions, which were approximately 533,000,000 kg CO2e. HUB24 has not publicly disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively monitoring and reporting its emissions across all three scopes, indicating a commitment to transparency in its sustainability efforts. The absence of defined reduction targets suggests that while HUB24 is aware of its carbon footprint, it may still be in the early stages of formalising its climate strategy.
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| 2020 | 2021 | 2022 | |
|---|---|---|---|
| Scope 1 | 72,025,000 | 000,000,000 | 000,000 |
| Scope 2 | 11,850,000 | 00,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
HUB24 is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
