5paisa Capital Ltd, commonly known as 5paisa, is a prominent financial services company headquartered in Mumbai, India. Founded in 2015, it has rapidly established itself in the fintech industry, offering a range of services including stock broking, mutual funds, and insurance. With a focus on empowering retail investors, 5paisa provides a user-friendly platform that combines advanced technology with low-cost trading solutions. The company has achieved significant milestones, such as becoming one of the first to offer a fully integrated digital platform for investment. Its core products, including a mobile trading app and research tools, are designed to enhance the investment experience. Recognised for its innovative approach, 5paisa has positioned itself as a key player in the Indian market, catering to the evolving needs of investors across the country.
How does 5paisa'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.
Mean score of companies in the Financial Intermediation 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.
5paisa's score of 13 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, 5paisa Capital Limited reported total Scope 2 emissions of approximately 1,537,770 kg CO2e, while Scope 1 emissions were recorded at 0 kg CO2e. This marks an increase from 2022, where Scope 2 emissions were about 1,272,190 kg CO2e, maintaining Scope 1 emissions at 0 kg CO2e. The data indicates a significant reliance on indirect emissions, as no Scope 1 emissions were generated. 5paisa has not disclosed any specific reduction targets or climate pledges, nor does it appear to have cascaded emissions data from a parent organisation. The absence of reduction initiatives or commitments suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while 5paisa's emissions data reflects a focus on Scope 2 emissions, the lack of defined reduction targets highlights an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 1,272,190 | 0,000,000 |
Scope 3 | - | - |
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.
5paisa 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.