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 33 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Edelweiss's reported carbon emissions
In 2023, Edelweiss reported total carbon emissions of approximately 404,000 kg CO2e, with all emissions attributed to Scope 1. This marks a significant reduction from previous years, where emissions were about 8,000 kg CO2e in 2021 and approximately 7,300 kg CO2e in 2022. The breakdown for 2023 indicates that Scope 1 emissions accounted for the entirety of their reported emissions, while Scope 2 and Scope 3 emissions were negligible, with Scope 3 emissions reported at just 92 kg CO2e. Edelweiss has demonstrated a commitment to reducing its carbon footprint, achieving a notable decrease in emissions from 25,800,000 kg CO2e in 2018 to the current levels. However, there are no specific reduction targets or initiatives disclosed in their reports, nor have they committed to Science Based Targets Initiative (SBTi) reduction targets. Overall, Edelweiss's emissions data reflects a positive trend towards lower carbon emissions, aligning with broader industry efforts to mitigate climate impact.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 25,800,000 | 0,000 | 0,000 | 0,000 | 0,000 | 000,000 | 0,000 |
| Scope 2 | - | 0,000 | 0,000 | 0,000 | 0,000 | - | 0,000 |
| Scope 3 | - | 0,000 | 0,000 | - | - | 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 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.
