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Edelweiss
Edelweiss Financial Services Limited, commonly known as Edelweiss, is a prominent player in the Indian financial services industry, headquartered in Mumbai, India. Founded in 1995, the company has established a strong presence across various operational regions, offering a diverse range of services including asset management, insurance, and investment banking. Edelweiss is renowned for its innovative financial solutions, catering to both retail and institutional clients. Its unique approach combines technology with deep market insights, setting it apart in a competitive landscape. Over the years, Edelweiss has achieved significant milestones, including recognition for its robust investment strategies and customer-centric services, solidifying its position as a trusted name in the financial sector.
DitchCarbon Score
How does Edelweiss'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
Edelweiss's score of 27 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Edelweiss's reported carbon emissions
In 2024, Edelweiss reported total carbon emissions of approximately 6,100 kg CO2e for Scope 1 and 4,600 kg CO2e for Scope 2, with Scope 3 emissions at about 98 kg CO2e. This data reflects a commitment to transparency in their carbon footprint, with a focus on both direct and indirect emissions. Edelweiss has set ambitious reduction targets, aiming for a 14% decrease in greenhouse gas emissions for both Scope 1 and Scope 2 by 2024, as part of their effective carbon management initiatives. Additionally, the company has committed to achieving net zero emissions by 2050, demonstrating a long-term commitment to sustainability. The emissions data is not cascaded from any parent organization, ensuring that the figures are specific to Edelweiss. The company is actively working towards its climate commitments, aligning with industry standards for carbon management and reduction.
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Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,700,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000 |
| Scope 2 | 3,300,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000 |
| Scope 3 | 8,900,000 | - | - | - | 00 | 00 |
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.
Edelweiss 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.
