Creditaccess Grameen
CreditAccess Grameen, a leading microfinance institution headquartered in India, has been empowering underserved communities since its inception in 2008. With a strong presence in major operational regions across Karnataka, Maharashtra, and Tamil Nadu, the company focuses on providing financial services to low-income households, particularly women. Specialising in microloans, CreditAccess Grameen offers unique products designed to foster entrepreneurship and improve livelihoods. The institution has achieved significant milestones, including a robust client base and recognition for its commitment to financial inclusion. As a prominent player in the microfinance sector, CreditAccess Grameen continues to set benchmarks in responsible lending and social impact, solidifying its position as a trusted partner for economic empowerment in India.
DitchCarbon Score
How does Creditaccess Grameen'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
Creditaccess Grameen's score of 33 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Creditaccess Grameen's reported carbon emissions
In 2024, Creditaccess Grameen reported total carbon emissions of approximately 4,418,340 kg CO2e. This figure includes 124,290 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, related to the generation of purchased electricity, accounted for about 4,294,040 kg CO2e. The most significant portion came from Scope 3 emissions, which totalled approximately 12,990,110 kg CO2e, reflecting indirect emissions from the value chain. In 2023, the company recorded total emissions of around 4,206,300 kg CO2e, with Scope 1 emissions at 144,510 kg CO2e, Scope 2 emissions at 4,061,790 kg CO2e, and Scope 3 emissions reaching approximately 8,813,360 kg CO2e. The previous year, 2022, saw total emissions of about 3,380,320 kg CO2e, with Scope 1 at 30,400 kg CO2e and Scope 2 at 3,349,920 kg CO2e, while Scope 3 emissions were approximately 7,049,480 kg CO2e. Despite these figures, Creditaccess Grameen has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The company continues to monitor its emissions across all scopes but currently lacks formal commitments to reduce its greenhouse gas emissions.
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Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 30,400 | 000,000 | 000,000 |
| Scope 2 | 3,349,920 | 0,000,000 | 0,000,000 |
| Scope 3 | 7,049,480 | 0,000,000 | 00,000,000 |
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.
Creditaccess Grameen 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.
