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Public Profile
Financial Intermediation
IN
updated 11 days ago

Bajaj Finserv

Company website

Bajaj Finserv Limited, headquartered in Pune, India, is a leading financial services company that has been shaping the industry since its inception in 2007. Operating primarily in the Indian market, Bajaj Finserv offers a diverse range of products, including personal loans, home loans, insurance, and investment solutions, catering to the evolving needs of consumers and businesses alike. Renowned for its customer-centric approach, Bajaj Finserv stands out with its innovative digital platforms that streamline the borrowing and investment processes. The company has achieved significant milestones, including a robust presence in the lending sector and recognition for its exceptional service quality. With a strong market position, Bajaj Finserv continues to empower millions of customers, making it a trusted name in the financial services landscape.

DitchCarbon Score

How does Bajaj Finserv'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.

36

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.

27

Industry Benchmark

Bajaj Finserv's score of 36 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.

61%

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Bajaj Finserv's reported carbon emissions

In 2024, Bajaj Finserv reported total carbon emissions of approximately 76,899,000 kg CO2e. This figure includes 6,057,000 kg CO2e from Scope 1 emissions, 42,089,000 kg CO2e from Scope 2 emissions, and 28,753,000 kg CO2e from Scope 3 emissions. The company has consistently disclosed emissions data across all three scopes for the years 2021 to 2024. In 2023, emissions were recorded at about 48,430,000 kg CO2e for Scope 1, 36,793,000 kg CO2e for Scope 2, and 18,747,000 kg CO2e for Scope 3. The 2022 data showed emissions of approximately 8,342,400 kg CO2e (Scope 1), 18,616,120 kg CO2e (Scope 2), and 5,798,950 kg CO2e (Scope 3). In 2021, the total emissions were about 26,672,750 kg CO2e, with 6,804,980 kg CO2e from Scope 1 and 17,401,060 kg CO2e from Scope 2. Despite the significant emissions figures, Bajaj Finserv has not set specific reduction targets or initiatives as part of their climate commitments. The company does not currently participate in the Science Based Targets initiative (SBTi) or have documented reduction targets. All emissions data is sourced directly from Bajaj Finserv Ltd., with no cascaded data from parent or related organizations.

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2021202220232024
Scope 1
6,804,980
0,000,000
00,000,000
0,000,000
Scope 2
17,401,060
00,000,000
00,000,000
00,000,000
Scope 3
2,466,710
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bajaj Finserv's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Bajaj Finserv is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Bajaj Finserv 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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