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 64% 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, saw 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, with Scope 1 emissions at 8,342,400 kg CO2e and Scope 2 at 18,616,120 kg CO2e. The Scope 3 emissions for that year were about 5,798,950 kg CO2e. Bajaj Finance Limited has not set specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi) or other climate frameworks. The company’s emissions data is not cascaded from any parent organisation, indicating that all reported figures are directly from Bajaj Finance Limited. Overall, while the company has made strides in emissions reporting, it currently lacks defined reduction commitments or initiatives to address its carbon footprint.
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 |
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Bajaj Finance Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

