Geojit Financial Services Limited, a prominent player in the Indian financial services sector, is headquartered in Kochi, India. Founded in 1987, the company has established itself as a trusted name in investment solutions, catering to a diverse clientele across major operational regions in India. Specialising in retail broking, wealth management, and financial advisory services, Geojit offers a unique blend of technology-driven solutions and personalised service. Its innovative approach includes a robust online trading platform and comprehensive research support, setting it apart in a competitive market. With a strong market position, Geojit has achieved significant milestones, including recognition for its customer-centric services and a commitment to financial literacy. As a result, it continues to empower investors with the tools and knowledge needed to navigate the financial landscape effectively.
How does Geojit Financial Services 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.
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.
Geojit Financial Services Limited's score of 24 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Geojit Financial Services Limited reported total carbon emissions of approximately 49,760 kg CO2e for Scope 1 and about 2,731,000 kg CO2e for Scope 2, alongside approximately 57,850 kg CO2e for Scope 3 emissions. This reflects a notable increase in Scope 1 emissions from 17,920 kg CO2e in 2023 and a slight rise in Scope 2 emissions from about 2,678,000 kg CO2e. The company has not disclosed any specific reduction targets or climate pledges, indicating a potential area for improvement in their sustainability strategy. Geojit's emissions per unit of revenue have shown a decrease, with Scope 1 and 2 emissions per rupee of turnover reported at approximately 4.7e-07 in 2024, down from 6.9e-07 in 2023. This suggests a commitment to improving efficiency despite rising absolute emissions. The absence of defined reduction initiatives or targets highlights the need for Geojit to enhance its climate commitments in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 13,270 | 00,000 | 00,000 |
Scope 2 | 2,472,120 | 0,000,000 | 0,000,000 |
Scope 3 | - | 00,000 | 00,000 |
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.
Geojit Financial Services 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.