Public Profile

Abans Financial Services Limited

Abans Financial Services Limited, a prominent player in the financial services sector, is headquartered in India and operates extensively across major regions including Mumbai and Chennai. Established in 2008, the company has made significant strides in providing a diverse range of financial solutions, including investment advisory, wealth management, and stock broking services. What sets Abans apart is its commitment to leveraging technology for enhanced customer experience, ensuring clients receive tailored financial strategies. With a strong market presence, Abans Financial Services has garnered recognition for its innovative approach and customer-centric services, positioning itself as a trusted partner in the financial landscape. The company continues to evolve, aiming to meet the dynamic needs of its clientele while maintaining a focus on integrity and excellence.

DitchCarbon Score

How does Abans Financial Services 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.

25

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.

26

Industry Benchmark

Abans Financial Services Limited's score of 25 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.

21%

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Abans Financial Services Limited's reported carbon emissions

In 2023, Abans Financial Services Limited reported total carbon emissions of approximately 100,300 kg CO2e, all of which were classified under Scope 2 emissions. This marked a continuation of their efforts to manage and reduce their carbon footprint, following previous years where emissions were higher. For instance, in 2022, the company recorded about 98,200 kg CO2e, also solely from Scope 2. Over the years, Abans has shown a trend of decreasing emissions, with total emissions peaking at about 2,752,000 kg CO2e in 2020, which included 1,039,000 kg CO2e from Scope 1 and 1,691,000 kg CO2e from Scope 2. By 2021, total emissions had decreased to approximately 2,290,000 kg CO2e, with Scope 1 emissions dropping to 718,000 kg CO2e. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by Abans Financial Services Limited. The company has not set any Science-Based Targets Initiative (SBTi) reduction targets or documented any formal climate pledges, indicating a potential area for future commitment and improvement in their climate strategy. Overall, while Abans Financial Services Limited has made strides in reducing its carbon emissions, the absence of formal reduction targets suggests that further action may be necessary to align with industry standards and global climate goals.

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201920202021202220232024
Scope 1
1,034,000
0,000,000
000,000
-
-
-
Scope 2
1,424,000
0,000,000
0,000,000
00,000
000,000
00,000
Scope 3
15,000
00,000
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Abans Financial Services Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Financial Services Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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 Financial Services Limited 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.

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

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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