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Telecommunications Services
IN
updated 6 months ago

Freecharge Payment Technologies Private Limited

Company website

Freecharge Payment Technologies Private Limited, commonly known as Freecharge, is a leading digital payment platform headquartered in India. Founded in 2010, the company has established itself as a key player in the fintech industry, primarily focusing on mobile recharges, bill payments, and financial services. With a strong presence across major Indian cities, Freecharge offers a unique blend of convenience and innovation through its user-friendly app and website. The platform stands out for its seamless payment solutions, cashback offers, and partnerships with various merchants, enhancing the customer experience. Over the years, Freecharge has achieved significant milestones, including a substantial user base and recognition as a trusted brand in digital transactions. Its commitment to simplifying payments positions Freecharge as a prominent contender in the competitive landscape of digital finance in India.

DitchCarbon Score

How does Freecharge Payment Technologies Private 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.

48

Industry Average

Mean score of companies in the Telecommunications 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.

31

Industry Benchmark

Freecharge Payment Technologies Private Limited's score of 48 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.

67%

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Freecharge Payment Technologies Private Limited's reported carbon emissions

Inherited from Axis Bank Limited

Freecharge Payment Technologies Private Limited, headquartered in India, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Axis Bank Limited, which may influence its climate commitments and reporting practices. As part of its corporate family relationship, Freecharge may inherit sustainability initiatives and targets from Axis Bank Limited. However, no specific reduction targets or climate pledges have been documented for Freecharge itself. The absence of data suggests that the company may still be in the process of establishing its own emissions reporting framework or climate strategy. In the broader context, companies in the fintech sector are increasingly recognising the importance of sustainability and are expected to align with industry standards for carbon emissions reduction. As Freecharge continues to develop its environmental commitments, it may look to leverage the sustainability practices of its parent company, Axis Bank, which has established initiatives aimed at reducing its carbon footprint and enhancing its overall environmental performance.

Unlock detailed emissions data

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

20162019202020212022202320242025
Scope 1
13,478,000
0,000,000
0,000,000
0,000,000
00,000,000
0,000,000
00,000,000
00,000,000
Scope 2
-
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
10,427,000
-
-
-
00,000,000
00,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Freecharge Payment Technologies Private Limited's primary industry is Post and telecommunication services (64), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Freecharge Payment Technologies Private 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.

Freecharge Payment Technologies Private 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

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