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 Services Auxiliary to 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
ICICI Securities Ltd's score of 27 is higher than 55% 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. In 2022, the company recorded total emissions of about 6,853,000 kg CO2e, with Scope 1 emissions at 158,000 kg CO2e, Scope 2 at 3,301,000 kg CO2e, and Scope 3 at 3,153,000 kg CO2e. The trend shows a concerning rise in emissions, particularly in Scope 2, which reflects the energy consumption associated with their operations. ICICI Securities has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. This lack of formal commitments may place the company at a disadvantage in the increasingly competitive landscape of environmentally responsible investing. Overall, while ICICI Securities has made strides in reporting its emissions, the absence of clear reduction strategies raises questions about its long-term climate commitments and sustainability practices.
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| 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 not committed to any 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.
