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Public Profile
Financial Intermediation
LK
updated a month ago

Abans Finance PLC Sustainability Profile

Company website

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.

20

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.

32

Industry Benchmark

Abans Finance PLC's score of 20 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.

15%

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Abans Finance PLC's reported carbon emissions

Abans Finance PLC, headquartered in LK, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of emissions data and climate commitments suggests that Abans Finance PLC may not yet have established a formal framework for addressing its carbon footprint or engaging in sustainability initiatives. As the financial services industry increasingly prioritises climate action, it is essential for companies like Abans Finance PLC to consider developing and implementing strategies to measure and reduce their environmental impact.

How Carbon Intensive is Abans Finance PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Abans Finance PLC's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Abans Finance PLC's Location?

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. This request for Abans Finance PLC is in LK, which has a medium grid carbon intensity relative to other regions.

Abans Finance PLC'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.

Abans Finance PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Abans Finance PLC's Emissions with Industry Peers

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Updated 18 days ago

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Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

LOLC Development Finance PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Commercial Bank Of Ceylon

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 days ago

Citizens Development Business Finance PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 18 days ago

UB Finance PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 2 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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