Bajaj Finance Limited, a prominent player in the financial services sector, is headquartered in Pune, India. Established in 1987, the company has evolved into one of the largest non-banking financial companies (NBFCs) in the country, offering a diverse range of financial products and services. Its core offerings include consumer finance, SME finance, and commercial lending, distinguished by innovative solutions tailored to meet the needs of various customer segments. With a strong presence across major operational regions in India, Bajaj Finance has achieved significant milestones, including a robust customer base and a reputation for reliability. The company is renowned for its unique digital lending platform, which streamlines the borrowing process, making it accessible and efficient. As a market leader, Bajaj Finance Limited continues to set benchmarks in the industry, reflecting its commitment to excellence and customer satisfaction.
How does Bajaj Finance 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.
Bajaj Finance Limited's score of 45 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Bajaj Finance Limited reported total carbon emissions of approximately 14,356,610 kg CO2e. This figure includes 920,590 kg CO2e from Scope 1 emissions, 6,217,290 kg CO2e from Scope 2 emissions, and 7,218,730 kg CO2e from Scope 3 emissions. The previous year, 2023, the company recorded total emissions of about 6,614,170 kg CO2e, with Scope 1 emissions at 1,417,080 kg CO2e, Scope 2 at 5,197,090 kg CO2e, and Scope 3 at 3,022,000 kg CO2e. In 2022, emissions were significantly higher, totalling approximately 26,958,520 kg CO2e, which included 8,342,400 kg CO2e from Scope 1 and 18,616,120 kg CO2e from Scope 2, alongside 5,798,950 kg CO2e from Scope 3. Despite these figures, Bajaj Finance Limited has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. The emissions data is not cascaded from any parent organisation, and all figures are directly reported by Bajaj Finance Limited. Overall, while the company has made strides in emissions reporting, the absence of defined reduction initiatives suggests a need for enhanced climate commitments moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 8,342,400 | 0,000,000 | 000,000 |
Scope 2 | 18,616,120 | 0,000,000 | 0,000,000 |
Scope 3 | 5,798,950 | 0,000,000 | 0,000,000 |
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.
Bajaj Finance 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.