Public Profile

Crif

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.

28

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.

27

Industry Benchmark

Crif's score of 28 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.

77%

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Crif's reported carbon emissions

In 2023, Crif reported total carbon emissions of approximately 1,329,360 kg CO2e from Scope 1, 1,666,130 kg CO2e from Scope 2, and 1,767,100 kg CO2e from Scope 3. This marks an increase in emissions compared to 2022, where they recorded about 1,085,180 kg CO2e in Scope 1, 2,422,060 kg CO2e in Scope 2, and 708,680 kg CO2e in Scope 3. Crif's emissions from Scope 1 primarily stem from stationary combustion (about 802,400 kg CO2e) and mobile combustion (approximately 401,600 kg CO2e) in 2023. The Scope 2 emissions are mainly attributed to purchased electricity, which accounted for about 2,922,930 kg CO2e. Despite the increase in emissions, Crif has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to monitor and report its emissions across all three scopes, demonstrating a commitment to transparency in its climate impact.

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2020202120222023
Scope 1
151,880
000,000
0,000,000
0,000,000
Scope 2
2,414,500
0,000,000
0,000,000
0,000,000
Scope 3
-
000,000
000,000
0,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Crif's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

Crif is not participating in any of the initiatives that 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.

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

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