Geojit Financial Services Limited Sustainability Profile
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.
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.
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.
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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 operational impact, with a total of about 2,958,010 kg CO2e emitted across all scopes. Comparatively, in 2022, the company recorded 2,472,120 kg CO2e from Scope 2 and 13,270 kg CO2e from Scope 1, indicating a slight increase in emissions in 2023. The emissions per rupee of turnover for Scope 1 and 2 combined were reported at approximately 0.00000069 kg CO2e in 2023. Geojit has not set specific reduction targets or climate pledges, nor do they have any initiatives reported under the Science Based Targets initiative (SBTi). The absence of significant reduction commitments suggests a need for enhanced climate action strategies within the organisation. The emissions data is not cascaded from any parent company, indicating that Geojit Financial Services Limited independently reports its carbon footprint.
How Carbon Intensive is Geojit Financial Services Limited's Industry?
How Carbon Intensive is Geojit Financial Services Limited's Location?
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.
