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Public Profile
Financial Intermediation
IN
updated a month ago

Abans Financial Services Limited

Company website

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.

15

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.

27

Industry Benchmark

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.

10%

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Abans Financial Services Limited's reported carbon emissions

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 any emissions data for the years 2022, 2023, or 2024, indicating a lack of recent reporting on their carbon footprint. The emissions intensity for 2021 was approximately 0.0126 kg CO2e per rupee of turnover, reflecting their operational efficiency in relation to revenue. In 2020, the total emissions were about 2,752,000 kg CO2e, with Scope 1 at 1,039,000 kg CO2e, Scope 2 at 1,691,000 kg CO2e, and Scope 3 at 22,000 kg CO2e. This shows a reduction in total emissions from 2020 to 2021. Despite these figures, Abans Financial Services Limited has not set any specific reduction targets or climate pledges, nor have they cascaded any targets from parent or related organizations. Their commitment to addressing climate change remains unclear, as they have not disclosed any initiatives or strategies aimed at reducing their carbon emissions.

Unlock detailed emissions data

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201920202021
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
-

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

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