Cholamandalam Investment And Finance

Cholamandalam Investment And Finance's reported carbon emissions

Cholamandalam Investment and Finance Company Limited (IN), operating in financial intermediation services (except insurance and pension funding), has reported its carbon emissions for recent fiscal years. For the fiscal year ending 2024, the company's total reported emissions were approximately 45.7 million kg CO2e. This comprised Scope 1 emissions of about 377,000 kg CO2e, Scope 2 emissions of approximately 15.7 million kg CO2e, and Scope 3 emissions totalling approximately 29.5 million kg CO2e. In the fiscal year ending 2023, total emissions were approximately 30.8 million kg CO2e, with Scope 1 at about 194,000 kg CO2e, Scope 2 at approximately 12.6 million kg CO2e, and Scope 3 at about 18.1 million kg CO2e. For the fiscal year ending 2022, total emissions were approximately 9.9 million kg CO2e, consisting of Scope 1 emissions of about 267,000 kg CO2e and Scope 2 emissions of approximately 9.7 million kg CO2e. Scope 3 emissions for this year were reported as 0.0 kg CO2e, though business travel within Scope 3 was noted at 2.9 million kg CO2e. In the fiscal year ending 2021, total reported emissions were approximately 12.8 million kg CO2e, with Scope 1 at about 267,000 kg CO2e, Scope 2 at approximately 9.7 million kg CO2e, and Scope 3 at about 2.9 million kg CO2e. Cholamandalam Investment and Finance Company Limited's climate commitments include reporting across Scope 1, 2, and 3 emissions. The company has not publicly disclosed specific reduction targets or joined initiatives such as the Science Based Targets initiative (SBTi) or RE100, and its climate pledge status is not detailed. Data for Scope 3 category "purchased goods and services" was noted as missing in its recent disclosures.