Abans Finance PLC
Abans Finance PLC, a prominent player in the financial services sector, is headquartered in Sri Lanka (LK) and operates extensively across the island. Established in 2005, the company has made significant strides in providing innovative financial solutions, including leasing, hire purchase, and personal loans, tailored to meet the diverse needs of its clientele. With a commitment to customer-centric service, Abans Finance distinguishes itself through competitive interest rates and flexible repayment options. The company has garnered a strong market position, recognised for its reliability and transparency in financial dealings. Over the years, Abans Finance has achieved notable milestones, solidifying its reputation as a trusted partner in the financial landscape of Sri Lanka.
DitchCarbon Score
How does Abans Finance PLC'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
Abans Finance PLC's score of 21 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Abans Finance PLC's reported carbon emissions
In 2024, Abans Finance PLC reported Scope 2 emissions of approximately 85,370 kg CO2e. This marks a decrease from 2023, where their Scope 2 emissions were about 100,300 kg CO2e. The company has not disclosed any Scope 1 or Scope 3 emissions data for the recent years, focusing solely on Scope 2 emissions in their reporting. Looking back at previous years, in 2021, Abans Finance PLC's total emissions were about 2,290,000 kg CO2e, with Scope 1 emissions at approximately 718,000 kg CO2e and Scope 2 emissions at around 1,573,000 kg CO2e. In 2020, their total emissions were about 2,752,000 kg CO2e, with Scope 1 at approximately 1,039,000 kg CO2e, Scope 2 at about 1,691,000 kg CO2e, and Scope 3 at around 22,000 kg CO2e. The trend indicates a significant focus on managing and reducing their Scope 2 emissions over the years. Despite the reductions in Scope 2 emissions, Abans Finance PLC has not set specific reduction targets or climate pledges, nor have they engaged with the Science Based Targets initiative (SBTi) for formal commitments. The absence of detailed climate commitments suggests a need for further action in establishing measurable targets to enhance their sustainability efforts.
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| 2019 | 2020 | 2021 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,034,000 | 0,000,000 | 000,000 | - | - |
| Scope 2 | 1,424,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 3 | 15,000 | 00,000 | - | - | - |
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.
Abans Finance PLC 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.
