Fincare Small Finance Bank Limited Sustainability Profile
Fincare Small Finance Bank Limited, headquartered in India, is a prominent player in the financial services industry, focusing on providing inclusive banking solutions. Established in 2017, the bank has rapidly expanded its operations across various regions, catering primarily to underserved segments of the population. Fincare offers a range of core products and services, including savings accounts, fixed deposits, and microloans, distinguished by their customer-centric approach and innovative digital banking solutions. The bank's commitment to financial inclusion has positioned it as a leader in the small finance sector, achieving significant milestones in customer acquisition and service delivery. With a strong emphasis on technology and accessibility, Fincare Small Finance Bank Limited continues to enhance its market presence, making banking more accessible for millions across India.
DitchCarbon Score
How does Fincare Small Finance Bank 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.
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
Fincare Small Finance Bank Limited's score of 17 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fincare Small Finance Bank Limited's reported carbon emissions
Fincare Small Finance Bank Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The bank's climate commitments and reduction initiatives are also not detailed, indicating a potential area for development in their sustainability strategy. It is important to note that Fincare Small Finance Bank Limited's emissions data may be cascaded from its parent company, AU Small Finance Bank Limited, as part of a merged entity relationship. However, specific emissions figures or reduction targets from this source have not been disclosed. As of now, Fincare Small Finance Bank Limited has not established any Science-Based Targets Initiative (SBTi) reduction targets or documented any significant climate pledges. This lack of publicly available data suggests that the bank may need to enhance its transparency and commitment to addressing climate change and carbon emissions in the future.
How Carbon Intensive is Fincare Small Finance Bank Limited's Industry?
How Carbon Intensive is Fincare Small Finance Bank Limited's Location?
Fincare Small Finance Bank 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.
Fincare Small Finance Bank 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.
