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 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, 5paisa reported 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 the previous year's emissions of about 1,272,190 kg CO2e. Notably, 5paisa has not disclosed any Scope 1 or Scope 3 emissions, which typically encompass direct emissions from owned or controlled sources and other indirect emissions in the value chain, respectively. Looking ahead, 5paisa has not set specific reduction targets or climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The company’s emissions intensity metrics, such as those adjusted for Purchasing Power Parity (PPP) and in terms of employee output, suggest a focus on improving efficiency, but without concrete reduction goals, the long-term impact remains uncertain. Overall, while 5paisa's emissions data reflects a growing footprint, the absence of defined climate commitments or reduction initiatives highlights an area for potential improvement in their sustainability strategy.
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 committed to any reduction initiatives 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.