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Public Profile
Financial Intermediation
IN
updated 2 months ago

Equitas Holdings Limited Sustainability Profile

Company website

Equitas Holdings Limited, headquartered in India, is a prominent player in the financial services sector, primarily focusing on microfinance and small finance banking. Founded in 2007, the company has rapidly evolved, achieving significant milestones such as receiving a small finance bank licence from the Reserve Bank of India in 2016. Equitas offers a diverse range of products, including microloans, vehicle loans, and housing finance, distinguished by their customer-centric approach and commitment to financial inclusion. With a strong presence across various regions in India, Equitas has established itself as a trusted name in empowering underserved communities. The company’s dedication to innovation and social responsibility has positioned it as a leader in the microfinance industry, making notable strides in enhancing access to financial services for millions.

DitchCarbon Score

How does Equitas Holdings Limited'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.

16

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.

32

Industry Benchmark

Equitas Holdings Limited's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

11%

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Equitas Holdings Limited's reported carbon emissions

Equitas Holdings Limited, headquartered in India, currently does not have any available carbon emissions data for the most recent year. As a result, specific figures regarding their total emissions, including Scope 1, Scope 2, and Scope 3 emissions, are not provided. The company has not outlined any reduction targets or commitments through initiatives such as the Science Based Targets initiative (SBTi) or other climate pledges. Furthermore, there are no documented climate initiatives or pledges that indicate a commitment to reducing carbon emissions at this time. As there is no emissions data or reduction strategy available, it is unclear how Equitas Holdings Limited is addressing climate change within its operations. The absence of this information highlights a potential area for improvement in transparency and accountability regarding environmental impact.

How Carbon Intensive is Equitas Holdings Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Equitas Holdings Limited's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Equitas Holdings Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Equitas Holdings Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Equitas Holdings Limited'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.

Equitas Holdings Limited 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Equitas Holdings Limited's Emissions with Industry Peers

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Updated about 1 month ago

Fincare Small Finance Bank Limited

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Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

Bharat Financial Inclusion Limited

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Financial intermediation services, except insurance and pension funding services (65)
Updated 2 months ago

Hdfc

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 21 days ago

Ujjivan Financial Services Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

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Where does DitchCarbon data come from?

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