Edelweiss Sustainability Profile
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 55% 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 6,100,000 kg CO2e for Scope 1 and about 4,600,000 kg CO2e for Scope 2, with no reported emissions for Scope 3. This data reflects their operations in India and is part of a broader global reporting framework. The company has set ambitious targets to reduce greenhouse gas emissions by 14% for both Scope 1 and Scope 2 by the end of 2024, demonstrating a commitment to effective carbon management initiatives. Edelweiss aims for net zero emissions by 2050, encompassing both Scope 1 and Scope 2 emissions. This long-term goal aligns with industry standards for climate action and reflects a proactive approach to sustainability. The emissions data is sourced from Edelweiss Financial Services Limited, ensuring transparency and accountability in their environmental impact reporting.
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| 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 |
How Carbon Intensive is Edelweiss's Industry?
How Carbon Intensive is Edelweiss's Location?
Edelweiss'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.
Edelweiss 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.
