Edelweiss Financial Services Limited, commonly known as Edelweiss, is a prominent player in the Indian financial services industry, headquartered in Mumbai, India. Founded in 1995, the company has established a strong presence across various operational regions, offering a diverse range of services including asset management, insurance, and investment banking. Edelweiss is renowned for its innovative financial solutions, catering to both retail and institutional clients. Its unique approach combines technology with deep market insights, setting it apart in a competitive landscape. Over the years, Edelweiss has achieved significant milestones, including recognition for its robust investment strategies and customer-centric services, solidifying its position as a trusted name in the financial sector.
How does Edelweiss'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.
Edelweiss's score of 31 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Edelweiss reported total carbon emissions of approximately 6,100 kg CO2e for Scope 1 and about 4,600 kg CO2e for Scope 2, with negligible emissions of 98 kg CO2e from Scope 3. This marks a significant reduction from previous years, particularly from 2023, where total emissions were approximately 4,040,000 kg CO2e, with Scope 1 emissions at about 5,300,000 kg CO2e and Scope 2 at around 7,000,000 kg CO2e. Edelweiss has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions across Scopes 1 and 2, indicating a focus on direct and indirect emissions from its operations. However, there is no available data on Scope 3 emissions for 2023 and earlier years, which typically encompass the broader supply chain impacts. Overall, Edelweiss's emissions data reflects a proactive approach to climate commitments, aligning with industry standards for transparency and accountability in carbon reporting.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 2,500,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 |
Scope 2 | 3,400,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 |
Scope 3 | - | - | - | - | 00 |
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.
Edelweiss 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.