Five Star Business Finance
Five Star Business Finance, a prominent player in the Indian financial services sector, is headquartered in Chennai, Tamil Nadu. Established in 1984, the company has carved a niche in providing secured business loans and personal loans, catering primarily to small and medium enterprises (SMEs) across various regions in India. With a focus on customer-centric solutions, Five Star Business Finance stands out for its quick loan disbursement and flexible repayment options, making it a preferred choice for entrepreneurs seeking financial support. The company has achieved significant milestones, including a robust market presence and a reputation for reliability and transparency in its operations. As a leader in the non-banking financial company (NBFC) space, Five Star Business Finance continues to empower businesses with tailored financial products, reinforcing its commitment to fostering economic growth in the communities it serves.
DitchCarbon Score
How does Five Star Business Finance'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 Business Services 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
Five Star Business Finance's score of 4 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Five Star Business Finance's reported carbon emissions
In 2024, Five Star Business Finance reported total carbon emissions of approximately 2,580,010 kg CO2e, comprising 1,080 kg CO2e from Scope 1 and about 2,578,940 kg CO2e from Scope 2 emissions. This marks a notable increase from 2023, where emissions totalled around 2,171,720 kg CO2e, with 1,200 kg CO2e from Scope 1 and approximately 2,170,520 kg CO2e from Scope 2. In 2022, the company recorded total emissions of about 1,758,720 kg CO2e, with 1,400 kg CO2e from Scope 1 and around 1,757,320 kg CO2e from Scope 2. Despite these figures, Five Star Business Finance has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets suggests that the company may need to enhance its climate commitments to align with industry standards and expectations for sustainability.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 1,400 | 0,000 | 0,000 |
| Scope 2 | 1,758,720 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Five Star Business Finance is not committed to any reduction initiatives 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.
