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.
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.
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.
Abans Financial Services Limited's score of 15 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2021, Abans Financial Services Limited reported total carbon emissions of approximately 2,290,000 kg CO2e, with Scope 1 emissions at about 718,000 kg CO2e and Scope 2 emissions at around 1,573,000 kg CO2e. The company has not disclosed emissions data for 2022, 2023, or 2024, but it has provided emission intensity metrics for these years. In 2023, the Scope 1 and 2 emission intensity was approximately 0.0000197 kg CO2e per rupee of turnover, while in 2024, it was about 0.0000142 kg CO2e per rupee of turnover, indicating a reduction in emission intensity relative to revenue. Despite the lack of specific reduction targets or commitments, Abans Financial Services Limited has shown a trend towards improving its emission intensity. The company has not set any formal climate pledges or SBTi (Science Based Targets initiative) reduction targets, which may limit its accountability in addressing climate change. Overall, while the company has made strides in reducing its emission intensity, further transparency and commitment to specific reduction targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | |
---|---|---|---|
Scope 1 | 1,034,000 | 0,000,000 | 000,000 |
Scope 2 | 1,424,000 | 0,000,000 | 0,000,000 |
Scope 3 | 15,000 | 00,000 | - |
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.