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.

23

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 23 is lower than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.

36%

Abans Financial Services Limited's reported carbon emissions

Abans Financial Services Limited, headquartered in India, has reported its carbon emissions data for the years 2019 to 2024. In 2023, the company recorded approximately 100,300 kg CO2e in Scope 2 emissions, with no Scope 1 emissions reported. The previous year, 2022, saw Scope 2 emissions of about 98,200 kg CO2e, also with no Scope 1 emissions. In 2021, total emissions were approximately 2,290,000 kg CO2e, comprising 718,000 kg CO2e from Scope 1 and 1,573,000 kg CO2e from Scope 2, while Scope 3 emissions were non-existent. The year 2020 had total emissions of about 2,752,000 kg CO2e, with 1,039,000 kg CO2e from Scope 1, 1,691,000 kg CO2e from Scope 2, and 22,000 kg CO2e from Scope 3. In 2019, total emissions were approximately 2,472,000 kg CO2e, with 1,034,000 kg CO2e from Scope 1, 1,424,000 kg CO2e from Scope 2, and 15,000 kg CO2e from Scope 3. Despite these figures, Abans Financial Services Limited has not disclosed any specific reduction targets or initiatives aimed at decreasing its carbon footprint. The company appears to be in the early stages of addressing its climate commitments, with no significant pledges or targets reported to date.

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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. Abans Financial Services Limited is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 Financial Services Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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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