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 12 is higher than 76% 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 5,400,000 kg CO2e, comprising 5,300,000 kg CO2e from Scope 1 and 7,000,000 kg CO2e from Scope 2, with a minimal contribution of 92 kg CO2e from Scope 3 emissions. This marked a significant reduction from previous years, particularly from 2022, where total emissions were about 8,000,000 kg CO2e. Edelweiss has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The company has consistently reported emissions across all three scopes, indicating a comprehensive approach to tracking its environmental impact. In 2021, the total emissions were approximately 7,300,000 kg CO2e, with Scope 1 emissions at 3,200,000 kg CO2e and Scope 2 at 4,800,000 kg CO2e. The trend shows a gradual decrease in emissions over the years, with 2020 emissions recorded at about 5,900,000 kg CO2e for Scope 1 and 2 combined. Edelweiss's efforts align with industry standards for climate accountability, although further details on specific climate pledges or science-based targets are currently unavailable. The company continues to monitor and report its emissions, reflecting a commitment to transparency and sustainability in its operations.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 25,800,000 | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000 |
| Scope 2 | - | 0,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 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.
