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 10 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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aavas financiers limited's reported carbon emissions
Aavas Financiers Limited, headquartered in India, reported its carbon emissions for the year 2023, with a total of approximately 161,000 kg CO2e from Scope 1 and about 2,454,130 kg CO2e from Scope 2 emissions. This data highlights the company's operational impact on climate change, with a total of about 2,615,130 kg CO2e in combined emissions for the year. In 2022, Aavas Financiers Limited recorded approximately 4,640 kg CO2e in Scope 1 emissions and around 1,913,330 kg CO2e in Scope 2 emissions, resulting in a total of about 1,917,970 kg CO2e. This indicates a significant increase in emissions from 2022 to 2023, particularly in Scope 2 emissions. The company has not disclosed any Scope 3 emissions data, nor has it set specific reduction targets or initiatives as part of its climate commitments. There are no cascading emissions data from a parent or related organization, indicating that Aavas Financiers Limited operates independently in its reporting. Aavas Financiers Limited's emissions intensity metrics for 2023 show a Scope 1 and 2 emissions intensity of approximately 0.00003464 kg CO2e per rupee of turnover and about 350 kg CO2e per full-time employee. In 2024, the emissions intensity per rupee of turnover improved to about 0.00002641 kg CO2e, while the intensity per employee was reported at approximately 280 kg CO2e. Overall, while Aavas Financiers Limited has made strides in emissions intensity, the lack of specific reduction targets and the increase in total emissions from 2022 to 2023 highlight the need for enhanced climate action and commitments moving forward.
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 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.
