IDLC Finance Limited
IDLC Finance Limited, a prominent player in the financial services sector, is headquartered in Dhaka, Bangladesh. Established in 1985, the company has evolved into a leading provider of diverse financial solutions, including leasing, loans, and investment services. With a strong presence across major operational regions in Bangladesh, IDLC Finance has consistently demonstrated its commitment to innovation and customer satisfaction. The company offers a unique blend of products, such as term loans, home financing, and corporate financing, tailored to meet the needs of both individual and corporate clients. IDLC Finance Limited has garnered a reputation for its robust market position, marked by notable achievements in the industry, including awards for excellence in service delivery. As a trusted financial partner, IDLC continues to shape the landscape of finance in Bangladesh.
DitchCarbon Score
How does IDLC 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
IDLC Finance Limited's score of 28 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IDLC Finance Limited's reported carbon emissions
In 2023, IDLC Finance Limited reported total carbon emissions of approximately 1,525,870 kg CO2e. This figure includes 242,560 kg CO2e from Scope 1 emissions, 1,279,260 kg CO2e from Scope 2 emissions, and 150,350 kg CO2e from Scope 3 emissions. The company has disclosed emissions data across all three scopes, demonstrating a comprehensive approach to carbon accounting. Comparatively, in 2011, IDLC Finance Limited's emissions were significantly higher, with a total of 2,292,000 kg CO2e, evenly distributed across Scope 1, 2, and 3 categories. This indicates a substantial reduction in emissions over the years, although specific reduction targets or initiatives have not been documented. IDLC Finance Limited does not currently have any stated science-based targets (SBTi) or climate pledges, and there are no documented reduction initiatives. The emissions data is not cascaded from a parent company, indicating that the figures are independently reported by IDLC Finance Limited. Overall, while IDLC Finance Limited has made progress in reducing its carbon footprint, further commitments and initiatives could enhance its climate strategy and align with industry standards for sustainability.
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| 2011 | 2023 | |
|---|---|---|
| Scope 1 | 764,000 | 000,000 |
| Scope 2 | 764,000 | 0,000,000 |
| Scope 3 | 764,000 | 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.
IDLC Finance Limited 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.
