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Financial Intermediation
IN
updated 18 hours ago

Fincare Small Finance Bank Limited

Company website

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.

17

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.

28

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.

11%

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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.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Fincare Small Finance Bank 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
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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 Fincare Small Finance Bank 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.

Fincare Small Finance Bank 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

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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