Cholamandalam Financial Holdings Limited
Cholamandalam Financial Holdings Limited, often referred to as Cholamandalam, is a prominent player in the services auxiliary to financial intermediation sector, headquartered in India. Established in 1978, the company has evolved significantly, expanding its operations across major regions in India and establishing a strong market presence.
Cholamandalam offers a diverse range of financial services, including vehicle finance, home loans, and SME financing, distinguished by their customer-centric approach and innovative solutions. The company has achieved notable milestones, positioning itself as a trusted partner in the financial landscape, recognised for its robust growth and commitment to excellence. With a focus on delivering unique financial products tailored to meet the needs of various customer segments, Cholamandalam continues to strengthen its reputation in the industry.
-6 vs industry average
Cholamandalam Financial Holdings Limited’s score of 30 is lower than 44% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Services Auxiliary to Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Services Auxiliary to Financial Intermediation industry has increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Cholamandalam Financial Holdings Limited's reported carbon emissions
Cholamandalam Financial Holdings Limited, headquartered in India and operating in services auxiliary to financial intermediation (67), reported total carbon emissions of approximately 34,517,000 kg CO2e in 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. For the reporting year 2024, the company's emissions breakdown was approximately 404,000 kg CO2e for Scope 1, approximately 12,402,000 kg CO2e for Scope 2, and approximately 22,073,000 kg CO2e for Scope 3. In the preceding year, 2023, total emissions were approximately 10,027,000 kg CO2e. This comprised approximately 194,000 kg CO2e for Scope 1, approximately 14,635,000 kg CO2e for Scope 2, and approximately 8,032,000 kg CO2e for Scope 3. Prior to that, in 2022, total emissions amounted to approximately 14,281,170 kg CO2e, with Scope 1 emissions around 267,000 kg CO2e, Scope 2 emissions at approximately 11,484,170 kg CO2e, and Scope 3 emissions at approximately 2,883,000 kg CO2e. Cholamandalam Financial Holdings Limited has not publicly disclosed specific reduction targets or commitments to initiatives such as the Science Based Targets initiative (SBTi). However, the company does report on its emissions across all three scopes.
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Cholamandalam Financial Holdings Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Cholamandalam Financial Holdings Limited yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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