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.
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.
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.
ICICI Securities Ltd's score of 29 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, ICICI Securities Ltd reported total carbon emissions of approximately 12,500,000 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 represents a significant increase in emissions compared to 2022, where total emissions were about 3,000,000 kg CO2e lower, with Scope 1 at 158,000 kg CO2e, Scope 2 at 3,301,000 kg CO2e, and Scope 3 at 3,153,000 kg CO2e. Over the past few years, ICICI Securities has shown fluctuations in its emissions profile. In 2021, the company emitted approximately 10,000,000 kg CO2e, with Scope 1 emissions at 188,000 kg CO2e, Scope 2 at 4,544,000 kg CO2e, and Scope 3 at 3,325,000 kg CO2e. The 2020 figures were higher, with total emissions reaching about 5,000,000 kg CO2e, driven by Scope 1 emissions of 295,000 kg CO2e, Scope 2 at 2,274,000 kg CO2e, and Scope 3 at 4,803,000 kg CO2e. Despite these emissions, ICICI Securities has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within a sector that is increasingly focusing on sustainability and carbon footprint reduction, yet it appears to be in the early stages of formalising its climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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 participating in any of the initiatives that 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.