Five Star Business Finance Sustainability Profile
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 18 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Five Star Business Finance's reported carbon emissions
In 2025, Five Star Business Finance reported total emissions of approximately 3,647,900 kg CO2e for Scope 2 and 1,110 kg CO2e for Scope 1 in India. This reflects a significant increase in Scope 2 emissions compared to 2024, where they were about 2,578,940 kg CO2e, alongside Scope 1 emissions of 1,080 kg CO2e. In 2023, the company recorded 2,170,520 kg CO2e for Scope 2 and 1,200 kg CO2e for Scope 1, indicating a trend of increasing emissions over the years. Five Star Business Finance has not disclosed any Scope 3 emissions data, nor have they set specific reduction targets or initiatives as part of their climate commitments. The absence of reduction targets suggests a need for further development in their sustainability strategy. The company’s emissions data is not cascaded from a parent organization, indicating that it operates independently in its reporting. Overall, while Five Star Business Finance has made strides in emissions reporting, the lack of reduction initiatives and targets highlights an area for potential improvement in their climate strategy.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,400 | 0,000 |
| Scope 2 | 1,758,720 | 0,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Five Star Business Finance's Industry?
How Carbon Intensive is Five Star Business Finance's Location?
Five Star Business Finance'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.
Five Star Business Finance 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.
