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Public Profile
Financial Intermediation
IN
updated 3 months ago

Crif Sustainability Profile

Company website

Crif, officially known as Crif S.p.A., is a leading global provider of credit and business information solutions, headquartered in India. Established in 1988, the company has expanded its operations across major regions, including Europe, North America, and Asia, solidifying its presence in the financial services industry. Crif offers a diverse range of services, including credit scoring, risk management, and business analytics, distinguished by its innovative use of technology and data-driven insights. The company has achieved significant milestones, such as the development of advanced credit risk assessment tools that enhance decision-making for financial institutions. With a strong market position, Crif is recognised for its commitment to quality and customer service, making it a trusted partner for businesses seeking to optimise their credit processes and mitigate risk.

DitchCarbon Score

How does Crif'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.

49

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.

32

Industry Benchmark

Crif's score of 49 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

68%

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Crif's reported carbon emissions

In 2024, Crif reported total carbon emissions of approximately 3,639,380 kg CO2e, comprising 1,223,500 kg CO2e from Scope 1, 1,640,100 kg CO2e from Scope 2, and 775,780 kg CO2e from Scope 3 emissions. This represents a slight decrease from 2023, where total emissions were approximately 4,726,280 kg CO2e, with Scope 1 emissions at 1,303,500 kg CO2e, Scope 2 at 1,666,130 kg CO2e, and Scope 3 at 1,756,650 kg CO2e. Crif has set ambitious climate commitments, aiming for a 50% reduction in Scope 1 emissions by 2030 from a 2022 baseline, and a 30% reduction in Scope 1 emissions from 2020 to 2025. Additionally, they plan to reduce Scope 2 emissions to near zero by 2025, with a similar 30% reduction target from 2020 to 2025 and a 50% reduction by 2030 from a 2022 baseline. These initiatives reflect Crif's commitment to sustainability and align with industry standards for climate action. The emissions data is sourced directly from CRIF S.p.A., with no cascaded data from parent organizations.

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20202021202220232024
Scope 1
151,880
000,000
0,000,000
0,000,000
0,000,000
Scope 2
2,414,500
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
000,000
000,000
0,000,000
000,000

How Carbon Intensive is Crif's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Crif's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Crif's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Crif is in IN, which has a very high grid carbon intensity relative to other regions.

Crif's Scope 3 Categories Breakdown

Crif's Scope 3 emissions, which decreased by 56% last year and increased by approximately 306% since 2021, demonstrating supply chain emissions tracking. Their carbon footprint includes suppliers and value chain emissions, with Scope 3 emissions accounting for 21% of total emissions under the GHG Protocol, with "Business Travel" representing nearly all of their reported Scope 3 footprint.

Top Scope 3 Categories

2024
Business Travel
100%

Crif's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Crif has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Crif's Emissions with Industry Peers

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Other business services (74)
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Where does DitchCarbon data come from?

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