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 6 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
IDLC Finance Limited's reported carbon emissions
In 2023, IDLC Finance Limited reported total carbon emissions of approximately 1,604,850 kg CO2e. This figure includes Scope 1 emissions of about 242,560 kg CO2e, Scope 2 emissions of approximately 1,279,260 kg CO2e, and Scope 3 emissions of around 150,350 kg CO2e. Comparatively, in 2011, the company had total emissions of about 7,640,000 kg CO2e across all scopes, indicating a significant reduction over the years. The breakdown for 2011 showed Scope 1 and Scope 2 emissions each at approximately 764,000 kg CO2e, with Scope 3 emissions also at the same level. Despite these reductions, IDLC Finance Limited has not publicly committed to specific reduction targets or initiatives, nor have they joined any formal climate pledges. The absence of documented reduction targets suggests a need for further commitment to climate action within the finance sector.
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Add to project| 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 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.
