GRUH Finance Limited Sustainability Profile
GRUH Finance Limited, a prominent player in the Indian financial services sector, is headquartered in Ahmedabad, Gujarat. Established in 1998, the company has carved a niche in providing housing finance solutions, primarily catering to the needs of the economically weaker sections and low-income groups across India. With a focus on affordable housing loans, GRUH Finance stands out for its customer-centric approach and innovative products, including home loans and construction finance. The company has achieved significant milestones, including a robust market presence in various states, which underscores its commitment to empowering homeownership. Recognised for its strong financial performance and customer satisfaction, GRUH Finance Limited continues to play a vital role in the housing finance industry, contributing to the growth of affordable housing in India.
DitchCarbon Score
How does GRUH Finance 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
GRUH Finance Limited's score of 21 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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GRUH Finance Limited, headquartered in India, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is part of a corporate family that includes Bandhan Bank Limited, from which it inherits emissions data and sustainability initiatives. As of now, GRUH Finance Limited has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. The lack of specific emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. Given the context of its relationship with Bandhan Bank Limited, any climate commitments or emissions performance would likely align with the broader sustainability goals of the parent organisation. However, without specific data or targets, it is challenging to assess GRUH Finance Limited's current impact or future commitments regarding carbon emissions and climate action.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 130 | 000 | 0,000 |
| Scope 2 | 1,134,020 | 0,000,000 | - |
| Scope 3 | - | - | - |
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GRUH Finance 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.
GRUH Finance 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.
