Bajaj Finserv
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.
DitchCarbon Score
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.
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 Finserv's score of 34 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Bajaj Finserv's reported carbon emissions
In 2023, Bajaj Finserv reported total carbon emissions of approximately 70,383,480 kg CO2e. This figure includes Scope 1 emissions of about 11,648,510 kg CO2e, Scope 2 emissions of approximately 24,629,480 kg CO2e, and Scope 3 emissions totalling around 13,140,860 kg CO2e. The combined Scope 1 and 2 emissions amounted to about 36,277,980 kg CO2e. In 2024, emissions data showed a total of approximately 42,089,000 kg CO2e for Scope 2, with Scope 1 emissions at about 6,057,000 kg CO2e and Scope 3 emissions reaching approximately 28,753,000 kg CO2e. This indicates a significant increase in Scope 3 emissions, primarily driven by business travel and purchased goods and services. Bajaj Finserv has not disclosed specific reduction targets or initiatives related to carbon emissions, nor have they committed to any climate pledges. The company has reported emissions across all three scopes, demonstrating a comprehensive approach to tracking their carbon footprint. However, without defined reduction targets, their long-term climate strategy remains unclear.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 6,804,980 | 0,000,000 | 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 |
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 Finserv is not committed to any reduction initiatives 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.
