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.
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.
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.
Central Depository Services (India) Limited's score of 14 is lower than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Central Depository Services (India) Limited (CDSL) currently does not have available carbon emissions data, as no specific figures have been provided. Consequently, there are no reported emissions for the most recent year or any details regarding Scope 1, 2, or 3 emissions. Additionally, CDSL has not outlined any formal reduction targets or commitments to the Science Based Targets initiative (SBTi), nor have they made any climate pledges. This lack of data suggests that CDSL may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the financial services industry, it is increasingly important for companies like CDSL to establish clear climate commitments and reduction targets to align with global sustainability goals. As the industry moves towards greater transparency and accountability in carbon emissions, CDSL may benefit from adopting such measures to enhance its environmental stewardship and corporate responsibility.
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 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.