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Public Profile
Financial Intermediation
IN
updated 5 months ago

Equitas Holdings Limited

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.

27

Industry Benchmark

Equitas Holdings Limited's score of 16 is lower than 89% 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 report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. As of now, Equitas Holdings Limited does not inherit emissions data from any parent or related organizations, and there are no commitments to science-based targets (SBTi) or other climate initiatives. This lack of data suggests that the company may still be in the early stages of developing a comprehensive climate strategy or reporting framework. In the context of the financial services industry, where climate commitments are increasingly becoming a standard expectation, Equitas Holdings Limited may need to consider establishing measurable targets and reporting practices to align with global sustainability trends.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Equitas Holdings Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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.

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.

Equitas Holdings Limited 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.

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

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Where does DitchCarbon data come from?

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