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 81% 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 2023, Abans Finance PLC reported a total carbon emissions figure of approximately 100,300 kg CO2e, exclusively from Scope 2 emissions. This marks a significant reduction from previous years, where total emissions were about 2,472,000 kg CO2e in 2019, 2,752,000 kg CO2e in 2020, and 2,290,000 kg CO2e in 2021. The breakdown of emissions for 2021 shows that Scope 1 emissions were about 718,000 kg CO2e, while Scope 2 emissions accounted for approximately 1,573,000 kg CO2e, with no reported Scope 3 emissions. In 2020, Scope 1 emissions were about 1,039,000 kg CO2e, Scope 2 emissions were approximately 1,691,000 kg CO2e, and Scope 3 emissions were about 22,000 kg CO2e. Despite the substantial reductions in total emissions over the years, Abans Finance PLC has not disclosed specific reduction targets or initiatives as part of their climate commitments. The company continues to focus on managing its carbon footprint, particularly in Scope 2 emissions, which are linked to energy consumption. Overall, Abans Finance PLC's emissions data reflects a positive trend towards reducing carbon emissions, aligning with broader industry efforts to combat climate change.
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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.
