Freecharge Payment Technologies Private Limited Sustainability Profile
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.
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.
Industry Benchmark
Freecharge Payment Technologies Private Limited's score of 47 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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.
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| 2016 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 13,478,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 0,000 | 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 | 0,000,000 | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Freecharge Payment Technologies Private Limited's Industry?
How Carbon Intensive is Freecharge Payment Technologies Private Limited's Location?
Freecharge Payment Technologies Private 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.
Freecharge Payment Technologies Private 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.
