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Public Profile
Financial Intermediation
IN
updated 2 months ago

Geojit Financial Services Limited Sustainability Profile

Company website

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.

DitchCarbon Score

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.

10

Industry Average

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.

32

Industry Benchmark

Geojit Financial Services Limited's score of 10 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.

5%

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Geojit Financial Services Limited's reported carbon emissions

In 2023, Geojit Financial Services Limited reported total carbon emissions of approximately 2,893,000 kg CO2e from Scope 2 and 18,610 kg CO2e from Scope 1, alongside 46,400 kg CO2e from Scope 3 emissions. This data highlights their commitment to transparency in emissions reporting, with a total of about 2,958,010 kg CO2e for the year. For the previous year, 2022, the company recorded Scope 1 emissions of 13,270 kg CO2e and Scope 2 emissions of approximately 2,472,120 kg CO2e, indicating a slight increase in emissions in 2023. The emissions per rupee of turnover for Scope 1 and 2 combined were reported at 6.9e-07 kg CO2e per INR in 2023. Despite the emissions data, Geojit has not set specific reduction targets or climate pledges, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of defined reduction initiatives suggests a need for further commitment to climate action within the financial services sector. Overall, Geojit Financial Services Limited's emissions data reflects their operational impact, while their lack of reduction targets indicates an opportunity for enhanced climate commitments moving forward.

How Carbon Intensive is Geojit Financial Services Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Geojit Financial Services Limited's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Geojit Financial Services Limited's Location?

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 Geojit Financial Services Limited is in IN, which has a very high grid carbon intensity relative to other regions.

Geojit Financial Services 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.

Geojit Financial Services 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Geojit Financial Services Limited's Emissions with Industry Peers

SMC Global Securities Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

360 One Prime Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

JM Financial Services Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 3 months ago

SBI Securities Co., Ltd.

JP
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Zerodha Broking Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated about 1 month ago

Anand Rathi Wealth Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 20 days ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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