Bharat Financial Inclusion Limited Sustainability Profile
Bharat Financial Inclusion Limited (BFIL), headquartered in India, is a leading player in the microfinance sector, dedicated to empowering underserved communities through financial services. Founded in 2009, the company has made significant strides in promoting financial inclusion across various regions, particularly in rural and semi-urban areas. BFIL offers a range of products, including microloans, savings accounts, and insurance services, tailored to meet the unique needs of its clients. What sets BFIL apart is its commitment to responsible lending and customer-centric approach, ensuring that financial products are accessible and beneficial to its borrowers. With a strong market presence and a focus on sustainable growth, Bharat Financial Inclusion Limited has established itself as a trusted partner in the journey towards financial empowerment, contributing to the economic development of millions across India.
DitchCarbon Score
How does Bharat Financial Inclusion 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
Bharat Financial Inclusion Limited's score of 53 is higher than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Bharat Financial Inclusion Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of IndusInd Bank Limited, which may influence its climate-related initiatives and reporting. As of now, Bharat Financial Inclusion Limited has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The absence of a climate pledge further highlights the need for the company to enhance its sustainability strategy. Given the lack of direct emissions data, it is essential to consider the broader context of its parent company, IndusInd Bank Limited, which may have its own climate commitments and performance metrics. However, specific details regarding IndusInd Bank's emissions or reduction initiatives were not provided in the available data. In summary, Bharat Financial Inclusion Limited currently lacks specific emissions data and formal climate commitments, indicating an opportunity for the company to develop a more robust environmental strategy in alignment with industry standards.
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| 2012 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 2,188,085 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 18,099,321 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 945,137 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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Bharat Financial Inclusion Limited's Climate Goals (2030 & 2050)
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.
Bharat Financial Inclusion 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.
