Crif Sustainability Profile
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.
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
Crif's score of 49 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Crif's reported carbon emissions
In 2024, Crif reported total carbon emissions of approximately 1,223,500 kg CO2e for Scope 1, 1,640,100 kg CO2e for Scope 2, and 775,780 kg CO2e for Scope 3. This reflects a slight decrease in Scope 1 emissions from 2023, where they were about 1,303,500 kg CO2e, and a reduction in Scope 2 emissions from 1,666,130 kg CO2e. The company has set ambitious targets to reduce its emissions, aiming for a 50% reduction in Scope 1 emissions by 2030 from a 2022 baseline and a 30% reduction in Scope 2 emissions from 2020 to 2025. Additionally, Crif aims to reduce its Scope 1 emissions to near zero by 2025 and similarly targets near-zero Scope 2 emissions by the same year. Crif's emissions data is sourced directly from CRIF S.p.A., with no cascading from a parent organization. The company is committed to sustainability and actively tracks its emissions across all three scopes, demonstrating a proactive approach to climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| 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?
How Carbon Intensive is Crif's Location?
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
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.
