Central Depository Services (India) Limited
Central Depository Services (India) Limited (CDSL) is a leading player in the Indian financial services sector, headquartered in Mumbai, India. Established in 1999, CDSL has significantly contributed to the evolution of the securities market in India, providing essential depository services to investors and financial institutions. As a pioneer in the depository industry, CDSL offers a range of core services, including the dematerialisation of securities, settlement of trades, and electronic storage of financial instruments. Its unique position as one of the first depositories in India has enabled it to build a robust infrastructure that supports seamless transactions and enhances investor confidence. With a strong market presence, CDSL has achieved notable milestones, including the introduction of innovative products that cater to the diverse needs of its clients. Its commitment to excellence and customer-centric approach solidify its reputation as a trusted partner in the Indian capital market landscape.
DitchCarbon Score
How does Central Depository Services (India) 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
Central Depository Services (India) Limited's score of 32 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Central Depository Services (India) Limited's reported carbon emissions
Central Depository Services (India) Limited (CDSL) has set ambitious climate commitments aimed at significantly reducing its carbon emissions. Although specific emissions data for the most recent year is not available, CDSL has established a comprehensive framework for emissions reduction. The company has committed to achieving a net-zero target across its entire value chain by 2050. In the near term, CDSL aims to reduce its absolute Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 42% by 2030, using 2023 as the base year. This commitment also includes sourcing 100% renewable electricity annually through 2030. Furthermore, CDSL plans to reduce its absolute Scope 3 emissions by 42% within the same timeframe. For long-term goals, CDSL has set a target to reduce absolute Scope 1 and Scope 2 emissions by 90% by 2050, alongside a similar 90% reduction for Scope 3 emissions. These targets align with the science-based targets necessary to limit global warming to 1.5°C, demonstrating CDSL's commitment to sustainable practices and climate responsibility.
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.
Central Depository Services (India) Limited is participating in some 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.
