Indian Railway Finance Corporation (IRFC), headquartered in New Delhi, India, plays a pivotal role in the railway finance sector. Established in 1986, IRFC has become a key player in providing financial assistance to the Indian Railways, facilitating the procurement of rolling stock and infrastructure development. Specialising in the financing of railway projects, IRFC offers unique services such as long-term loans and leasing options, tailored to meet the specific needs of the rail sector. With a strong market position, the corporation has achieved notable milestones, including its successful debut on the stock market in 2021, which further solidified its reputation as a reliable financial partner. IRFC's commitment to supporting the growth of Indian Railways underscores its significance in the transportation industry, making it an essential entity in the nation's infrastructure development landscape.
How does IRFC'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.
IRFC's score of 12 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IRFC reported carbon emissions of approximately 46,500 kg CO2e, all of which fall under Scope 2 emissions. This figure remains consistent with the emissions reported in 2023, indicating a stable performance in their indirect emissions from purchased electricity. Currently, IRFC has not established specific reduction targets or initiatives, nor have they made any climate pledges. The absence of Scope 1 and Scope 3 emissions data suggests a limited disclosure regarding their overall carbon footprint. As IRFC continues to operate within the global context of increasing climate commitments, the focus on managing Scope 2 emissions will be crucial for future sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | - | - |
Scope 2 | 46,500 | 00,000 |
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.
IRFC 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.