Public Profile

Edelweiss

Edelweiss Financial Services Limited, commonly known as Edelweiss, is a prominent player in the Indian financial services industry, headquartered in Mumbai, India. Founded in 1995, the company has established a strong presence across various operational regions, offering a diverse range of services including asset management, insurance, and investment banking. Edelweiss is renowned for its innovative financial solutions, catering to both retail and institutional clients. Its unique approach combines technology with deep market insights, setting it apart in a competitive landscape. Over the years, Edelweiss has achieved significant milestones, including recognition for its robust investment strategies and customer-centric services, solidifying its position as a trusted name in the financial sector.

DitchCarbon Score

How does Edelweiss'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.

33

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.

3

Industry Benchmark

Edelweiss's score of 33 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.

87%

Edelweiss's reported carbon emissions

In 2023, Edelweiss reported total carbon emissions of approximately 404,000 kg CO2e, with all emissions attributed to Scope 1. The company has shown a significant reduction in emissions over the years, decreasing from about 25,800,000 kg CO2e in 2018 to the current figure. In 2024, emissions are projected to be around 6,100 kg CO2e for Scope 1 and 4,600 kg CO2e for Scope 2, alongside 98 kg CO2e for Scope 3. This indicates a continued commitment to reducing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. Edelweiss's emissions data reflects a proactive approach to climate commitments, aligning with industry standards for transparency and accountability in carbon management.

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2018201920202021202220232024
Scope 1
25,800,000
0,000
0,000
0,000
0,000
000,000
0,000
Scope 2
-
0,000
0,000
0,000
0,000
-
0,000
Scope 3
-
0,000
0,000
-
-
00
00

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Edelweiss'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. Edelweiss is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Edelweiss 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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