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Public Profile
Financial Intermediation
IN
updated 19 days ago

Fedbank Financial Services Limited Sustainability Profile

Company website

Fedbank Financial Services Limited, commonly known as Fedfina, is a prominent financial services provider headquartered in India. Established in 1995, the company has carved a niche in the financial sector, primarily focusing on home loans, personal loans, and loan against property. With a strong presence in major operational regions across India, Fedfina has consistently delivered innovative financial solutions tailored to meet diverse customer needs. The company stands out for its customer-centric approach and competitive interest rates, making it a preferred choice among borrowers. Over the years, Fedfina has achieved significant milestones, including expanding its product portfolio and enhancing its digital services. As a key player in the financial services industry, Fedbank Financial Services Limited continues to strengthen its market position through strategic initiatives and a commitment to excellence.

DitchCarbon Score

How does Fedbank Financial Services 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.

32

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.

29

Industry Benchmark

Fedbank Financial Services Limited's score of 32 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

52%

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Fedbank Financial Services Limited's reported carbon emissions

Inherited from The Federal Bank Limited

Fedbank Financial Services Limited, headquartered in India, currently does not report specific carbon emissions data for the most recent year. The absence of emissions figures indicates a lack of publicly available information regarding their Scope 1, 2, or 3 emissions. However, it is important to note that Fedbank Financial Services Limited is a current subsidiary of The Federal Bank Limited, which may influence its climate commitments and reporting practices. Emissions data and performance metrics may be cascaded from The Federal Bank Limited, but specific figures are not disclosed in the available information. As of now, there are no documented reduction targets or climate pledges from Fedbank Financial Services Limited. The company has not outlined any specific initiatives or commitments to reduce carbon emissions, nor has it adopted Science-Based Targets Initiative (SBTi) targets. In summary, while Fedbank Financial Services Limited is part of a larger corporate structure that may have climate commitments, it currently lacks specific emissions data and reduction initiatives.

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Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
2,774,860
0,000,000
Scope 2
32,862,900
00,000,000
Scope 3
18,473,830
00,000,000

How Carbon Intensive is Fedbank Financial Services Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Fedbank Financial Services 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.

How Carbon Intensive is Fedbank Financial Services 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 Fedbank Financial Services Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Fedbank Financial Services 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.

Fedbank Financial Services 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

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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