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 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Abans Finance PLC's reported carbon emissions
In 2023, Abans Finance PLC reported a total carbon emissions of approximately 100,300 kg CO2e, exclusively from Scope 2 emissions. This marks a significant reduction from previous years, where emissions were recorded at 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 included 718,000 kg CO2e from Scope 1 and 1,573,000 kg CO2e from Scope 2, with no reported Scope 3 emissions. Despite the substantial reductions in total emissions over the years, Abans Finance PLC has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The company’s emissions intensity has also shown improvement, reflecting a more efficient operation relative to revenue generation. Overall, while Abans Finance PLC has made progress in reducing its carbon footprint, the absence of formal reduction targets suggests that further initiatives may be necessary to enhance its climate commitments.
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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 committed to any reduction initiatives 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.
