aavas financiers limited
Aavas Financiers Limited, commonly referred to as Aavas, is a prominent player in the Indian financial services sector, headquartered in Jaipur, Rajasthan. Founded in 2011, the company has rapidly established itself as a leading provider of home loans, particularly catering to the underserved segments of the market. Aavas focuses on affordable housing finance, offering a range of products that include home loans, loan against property, and construction finance. With a strong presence across various states in India, Aavas has achieved significant milestones, including a robust loan book and a growing customer base. The company is recognised for its customer-centric approach and innovative solutions, which set it apart in a competitive landscape. Aavas Financiers Limited continues to strengthen its market position, contributing to the financial inclusion of millions in India.
DitchCarbon Score
How does aavas financiers 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
aavas financiers limited's score of 49 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
aavas financiers limited's reported carbon emissions
In 2023, Aavas Financiers Limited reported total carbon emissions of approximately 2,454,060 kg CO2e from Scope 2, 35,820 kg CO2e from Scope 1, and 6,272,110 kg CO2e from Scope 3 emissions. This reflects a significant reduction in emissions compared to previous years, particularly in Scope 1 and Scope 2 emissions, which were 4,640,000 kg CO2e and 1,913,330,000 kg CO2e respectively in 2022. For 2024, the company further reduced its emissions, reporting 2,361,740 kg CO2e from Scope 2, 20,220 kg CO2e from Scope 1, and 13,387,000 kg CO2e from Scope 3. This trend indicates a commitment to lowering its carbon footprint over time. Aavas Financiers has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. However, the company continues to monitor and report its emissions across all three scopes, demonstrating transparency in its climate commitments. Overall, Aavas Financiers Limited is making strides in reducing its carbon emissions, aligning with industry standards for sustainability and climate responsibility.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 4,640,000 | 00,000 | 00,000 |
| Scope 2 | 1,913,330,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 12,463,500,000 | 0,000,000 | 00,000,000 |
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.
aavas financiers limited 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.
