aavas financiers limited Sustainability Profile
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
In 2024, Aavas Financiers Limited reported total carbon emissions of approximately 14,430,150 kg CO2e, with emissions distributed across Scope 1, 2, and 3. Specifically, Scope 1 emissions were about 33,020 kg CO2e, primarily from stationary combustion and fugitive emissions. Scope 2 emissions, resulting from purchased electricity, accounted for approximately 2,746,200 kg CO2e. The most significant contributor was Scope 3 emissions, which totalled around 14,301,150 kg CO2e, with notable sources including waste generated in operations and employee commuting. In 2023, the company recorded Scope 1 emissions of about 161,000 kg CO2e and Scope 2 emissions of approximately 2,454,130 kg CO2e. The data indicates a commitment to transparency, although no specific reduction targets or climate pledges have been established. Aavas Financiers Limited has not disclosed any Scope 3 emissions data for 2023. The company has not inherited emissions data from any parent organisation, and all reported figures are derived directly from Aavas Financiers Limited. The absence of reduction targets suggests a need for further development in their climate strategy.
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aavas financiers limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
aavas financiers limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
