IFCI Limited Sustainability Profile
IFCI Limited, also known as Industrial Finance Corporation of India, is a prominent financial institution headquartered in New Delhi, India. Established in 1948, IFCI has played a pivotal role in the development of the Indian economy, primarily focusing on providing financial assistance to various sectors, including infrastructure, manufacturing, and services. With a diverse portfolio of services, IFCI offers project financing, term loans, and equity support, distinguishing itself through its commitment to fostering sustainable growth. The company has achieved significant milestones, including its transformation into a public limited company and its listing on the Bombay Stock Exchange. As a key player in the financial services industry, IFCI Limited is recognised for its strategic initiatives and contributions to economic development, making it a trusted partner for businesses seeking innovative financial solutions in India and beyond.
DitchCarbon Score
How does IFCI 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
IFCI Limited's score of 16 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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IFCI Limited's reported carbon emissions
IFCI Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges from the company. This lack of data suggests that IFCI Limited may not have established formal commitments to reduce its carbon footprint or may not publicly disclose such information. As a financial institution, IFCI Limited operates within an industry that is increasingly focusing on sustainability and climate action. While no specific initiatives or targets are mentioned, the broader context of climate commitments in the financial sector highlights the importance of transparency and accountability in emissions reporting. Without specific emissions data or reduction initiatives, it is challenging to assess IFCI Limited's climate impact or commitments. The company may benefit from aligning with industry standards and frameworks, such as the Science Based Targets initiative (SBTi) or the Carbon Disclosure Project (CDP), to enhance its climate strategy and reporting practices in the future.
How Carbon Intensive is IFCI Limited's Industry?
How Carbon Intensive is IFCI Limited's Location?
IFCI Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
IFCI Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
