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.
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.
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.
Edelweiss's score of 27 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Edelweiss reported total carbon emissions of approximately 11,798 kg CO2e, comprising 6,100 kg CO2e from Scope 1 and 4,600 kg CO2e from Scope 2, with an additional 98 kg CO2e from Scope 3 emissions. This marks a significant reduction from previous years, particularly from 2022, when the total emissions were about 7,300,000 kg CO2e (2,000,000 kg CO2e from Scope 1 and 5,300,000 kg CO2e from Scope 2). Edelweiss has set ambitious climate commitments, aiming for a 14% reduction in GHG emissions for both Scope 1 and Scope 2 by 2024, as part of their effective carbon management initiatives. Furthermore, the company has committed to achieving net zero emissions by 2050, a long-term goal that reflects their dedication to sustainability. The emissions data is not cascaded from any parent organization, and all figures are reported directly from Edelweiss Financial Services Limited. The company continues to enhance its climate strategy, focusing on reducing its carbon footprint while maintaining operational efficiency.
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 |
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.