Poonawalla Fincorp Limited
Poonawalla Fincorp Limited, a prominent player in the Indian financial services sector, is headquartered in Pune, India. Founded in 1994, the company has established itself as a leading provider of diverse financial solutions, including personal loans, business loans, and vehicle financing. With a strong presence across major operational regions in India, Poonawalla Fincorp is known for its customer-centric approach and innovative products tailored to meet the evolving needs of individuals and businesses. The company has achieved significant milestones, including a robust digital platform that enhances customer experience and accessibility. Poonawalla Fincorp's commitment to transparency and efficiency has positioned it favourably in the competitive landscape, making it a trusted choice for financial services. With a focus on sustainable growth and responsible lending, Poonawalla Fincorp continues to drive financial inclusion across the nation.
DitchCarbon Score
How does Poonawalla Fincorp Limited'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 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.
Industry Benchmark
Poonawalla Fincorp Limited's score of 18 is lower than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Poonawalla Fincorp Limited's reported carbon emissions
In 2024, Poonawalla Fincorp Limited reported total carbon emissions of approximately 1,266,660 kg CO2e, comprising 14,730 kg CO2e from Scope 1 and 1,251,930 kg CO2e from Scope 2 emissions. This represents a consistent emission profile compared to 2023, where the company recorded similar figures: 14,730 kg CO2e for Scope 1 and 1,251,930 kg CO2e for Scope 2, resulting in total emissions of about 1,266,660 kg CO2e. In 2022, the company’s emissions were significantly lower, with Scope 1 emissions at 140 kg CO2e and Scope 2 emissions at 961,000 kg CO2e, leading to total emissions of approximately 961,140 kg CO2e. This indicates a notable increase in emissions over the two subsequent years. Poonawalla Fincorp has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company has focused on maintaining transparency in its emissions reporting, but lacks detailed commitments towards reducing its carbon footprint. Overall, while Poonawalla Fincorp Limited has shown stable emissions in recent years, the absence of defined reduction targets highlights an area for potential improvement in their climate strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 140 | 00,000 | 00,000 |
| Scope 2 | 961,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
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.
Poonawalla Fincorp Limited 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.
