Bajaj Finserv Limited, headquartered in Pune, India, is a leading financial services company that has been shaping the industry since its inception in 2007. Operating primarily in the Indian market, Bajaj Finserv offers a diverse range of products, including personal loans, home loans, insurance, and investment solutions, catering to the evolving needs of consumers and businesses alike. Renowned for its customer-centric approach, Bajaj Finserv stands out with its innovative digital platforms that streamline the borrowing and investment processes. The company has achieved significant milestones, including a robust presence in the lending sector and recognition for its exceptional service quality. With a strong market position, Bajaj Finserv continues to empower millions of customers, making it a trusted name in the financial services landscape.
How does Bajaj Finserv'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 Finserv's score of 36 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Bajaj Finserv reported total carbon emissions of approximately 76,899,000 kg CO2e, comprising 6,057,000 kg CO2e from Scope 1, 42,089,000 kg CO2e from Scope 2, and 28,753,000 kg CO2e from Scope 3 emissions. This marks a significant increase from 2023, where emissions totalled about 54,000,000 kg CO2e, with Scope 1 at 14,843,000 kg CO2e, Scope 2 at 36,793,000 kg CO2e, and Scope 3 at 18,747,000 kg CO2e. In 2022, the company reported total emissions of approximately 49,341,580 kg CO2e, with Scope 1 emissions at 12,585,240 kg CO2e, Scope 2 at 26,833,470 kg CO2e, and Scope 3 at 9,922,870 kg CO2e. The emissions data for 2021 showed a total of about 38,646,620 kg CO2e, with Scope 1 at 10,386,860 kg CO2e, Scope 2 at 24,542,460 kg CO2e, and Scope 3 at 3,717,290 kg CO2e. Bajaj Finserv has not set specific reduction targets or climate pledges, and there are no SBTi (Science Based Targets initiative) reduction targets reported. The company’s emissions data is sourced directly from Bajaj Finserv Ltd., with no cascading from a parent or related organization. Overall, Bajaj Finserv's emissions reflect a growing trend, highlighting the need for enhanced climate commitments and strategies to mitigate their carbon footprint in the financial services sector.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 6,804,980 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 2 | 17,401,060 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 2,466,710 | 0,000,000 | 00,000,000 | 00,000,000 |
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 Finserv 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.