Asirvad Micro Finance Limited

Asirvad Micro Finance Limited's reported carbon emissions

Asirvad Micro Finance Limited, headquartered in India, reported its carbon emissions for the year 2023, totalling approximately 10,000,470 kg CO2e. This figure comprises 95,670 kg CO2e from Scope 1 emissions and 9,087,800 kg CO2e from Scope 2 emissions. Notably, there is no reported data for Scope 3 emissions. In comparison, the previous year's emissions in 2022 were approximately 10,000,020 kg CO2e, with Scope 1 emissions at 92,560 kg CO2e and Scope 2 emissions at 10,188,460 kg CO2e. This indicates a slight increase in total emissions from 2022 to 2023. Asirvad Micro Finance Limited does not currently have any publicly stated reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from its parent company, Manappuram Finance Limited, reflecting the corporate family relationship. Overall, while Asirvad Micro Finance Limited has made strides in reporting its emissions, it has yet to establish specific reduction initiatives or targets to mitigate its carbon footprint.