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 33 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Edelweiss reported total carbon emissions of approximately 404,000 kg CO2e, with all emissions classified under Scope 1. This represents a significant reduction compared to previous years, where emissions were notably higher. For instance, in 2021, the company emitted about 8,000 kg CO2e across Scope 1 and 2, and in 2022, emissions were around 7,300 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 reported emissions across all three scopes in previous years, indicating a comprehensive approach to tracking its environmental impact. However, as of the latest data, there are no documented reduction targets or climate pledges. Overall, Edelweiss's emissions data reflects a trend towards lower carbon outputs, particularly in recent years, aligning with broader industry efforts to mitigate climate change impacts.
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 |
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.