Bajaj Finance Limited
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Bajaj Finance Limited's score of 26 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bajaj Finance Limited's reported carbon emissions
In 2023, Bajaj Finance Limited reported total carbon emissions of approximately 36,277,980 kg CO2e, comprising 11,648,510 kg CO2e from Scope 1, 24,629,480 kg CO2e from Scope 2, and 13,140,860 kg CO2e from Scope 3 emissions. This represents a significant increase from 2022, when the company recorded total emissions of about 26,958,520 kg CO2e, with Scope 1 emissions at 8,342,400 kg CO2e, Scope 2 at 18,616,120 kg CO2e, and Scope 3 at 5,798,950 kg CO2e. Bajaj Finance Limited has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The company has reported emissions data for all three scopes, indicating a comprehensive approach to tracking its carbon footprint. However, there are no climate pledges or SBTi (Science Based Targets initiative) reduction targets currently in place. The emissions data is not cascaded from any parent or related organization, and all figures are sourced directly from Bajaj Finance Limited. The company continues to monitor its emissions as part of its broader environmental responsibility.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 8,342,400 | 00,000,000 |
| Scope 2 | 18,616,120 | 00,000,000 |
| Scope 3 | 5,798,950 | 00,000,000 |
Industry emissions intensity
Location emissions 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.
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.
