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 24 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, 5paisa reported total carbon emissions of approximately 1,356,003 kg CO2e, all of which were classified under Scope 2 emissions, indicating indirect emissions from purchased electricity. This represents an increase from 1,272,190 kg CO2e in 2022. The company has consistently reported zero emissions in Scope 1 and Scope 3 categories during these years. Looking ahead to 2024, 5paisa anticipates a further increase in Scope 2 emissions, projected at approximately 1,418,003 kg CO2e. Despite these figures, there are currently no documented reduction targets or climate pledges from the company, suggesting a lack of formal commitments to decrease their carbon footprint. 5paisa's emissions intensity, measured in terms of revenue and employee output, reflects their operational efficiency but highlights the need for a strategic approach to climate commitments. As the company continues to grow, addressing its carbon emissions will be crucial for aligning with global sustainability standards.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 1,272,190 | 0,000,000 | 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.