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 34 is higher than 83% 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 2023, Edelweiss reported total carbon emissions of approximately 4,040,000 kg CO2e. The breakdown of these emissions includes about 5,300,000 kg CO2e from Scope 1, 7,000,000 kg CO2e from Scope 2, and a minimal contribution of 92 kg CO2e from Scope 3 emissions. Edelweiss has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively monitoring its emissions across all scopes, indicating a commitment to transparency in its environmental impact. The emissions data from previous years shows a significant fluctuation, with Scope 1 emissions peaking at approximately 25,800,000 kg CO2e in 2018, before decreasing to about 2,000 kg CO2e in 2022. This suggests a potential trend towards reducing direct emissions, although comprehensive reduction strategies have not been publicly outlined. Overall, while Edelweiss has made strides in emissions reporting, further details on specific climate action plans and reduction targets would enhance their sustainability profile.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 25,800,000 | 0,000 | 0,000 | 0,000 | 0,000 | 0,000,000 | 0,000 |
| Scope 2 | - | 0,000 | 0,000 | 0,000 | 0,000 | 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 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.
