- Government policies, regulations and political instability
- Low rates of economic growth locally and globally
- Interest rate impact
- Government tax policies
- Import restrictions and currency fluctuations
- Reduced disposable income due to inflation
- Increased awareness on importance of insurance
- Increase in ageing population
- Enhanced use of digital platforms
- Increased use of social media platforms
HNB Assurance PLC
Greenhouse gas emissions & sustainability report data
Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
Water Usage
12.5M Liters/year
2023
Energy Use
1.6M Units/year
2023
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2021 | 10.4K kg/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Clearing 15 hectares of invasive plants in Lunugamwehera National Park
- 3% increase in paper recycling
- Actively promoting Motor Insurance covers for hybrid vehicles
🎯 Climate & Sustainability Targets
📅 Medium-term
- Life Insurance: increase market share to 10% by 2026
- General Insurance: move up to fifth position by 2026
🌱 ESG Focus Areas
Health and WellbeingEducation and SportsEnvironmentCommunity Development