ICICI Securities Ltd
ICICI Securities Ltd., a prominent player in the Indian financial services sector, is headquartered in Mumbai, India. Established in 1995, the company has evolved into a leading provider of a diverse range of financial solutions, including brokerage services, investment banking, and wealth management. With a strong presence across major operational regions in India, ICICI Securities has consistently delivered innovative products tailored to meet the needs of retail and institutional investors. The firm is renowned for its user-friendly online trading platform and comprehensive research services, which set it apart in a competitive market. Over the years, ICICI Securities has achieved significant milestones, including being one of the first to offer a seamless digital trading experience. As a subsidiary of ICICI Bank, it holds a strong market position, recognised for its commitment to customer service and financial expertise.
DitchCarbon Score
How does ICICI Securities Ltd'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 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
ICICI Securities Ltd's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
ICICI Securities Ltd's reported carbon emissions
In 2023, ICICI Securities Ltd reported total carbon emissions of approximately 10,079,000 kg CO2e, comprising 224,000 kg CO2e from Scope 1, 10,079,000 kg CO2e from Scope 2, and 2,825,000 kg CO2e from Scope 3 emissions. This marked a significant increase in Scope 2 emissions compared to previous years, where in 2022, the company recorded approximately 3,301,000 kg CO2e in Scope 2 emissions. Over the past five years, ICICI Securities has shown a trend of fluctuating emissions. In 2019, total emissions were about 5,155,000 kg CO2e, with Scope 1 emissions at 469,000 kg CO2e and Scope 2 at 3,021,000 kg CO2e. By 2020, the company reduced its Scope 1 emissions to approximately 295,000 kg CO2e and Scope 2 emissions to about 2,274,000 kg CO2e, indicating a commitment to lowering its carbon footprint. Despite these reductions, there are currently no specific reduction targets or climate pledges disclosed by ICICI Securities. The company has not set Science-Based Targets Initiative (SBTi) reduction targets or documented any formal climate pledges, which may reflect a need for enhanced climate action strategies within the financial services sector. Overall, while ICICI Securities Ltd has made strides in managing its emissions, the lack of formal reduction commitments suggests an opportunity for further engagement in climate initiatives.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 469,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 3,021,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 3 | 5,155,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
ICICI Securities Ltd is committed to some reduction initiatives 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.
