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.
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.
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.
IFCI Limited's score of 16 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, IFCI Limited does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to analyse. Furthermore, IFCI Limited has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of data suggests that the company may not currently be engaging in formalised climate commitments or initiatives aimed at reducing carbon emissions. In the context of the industry, it is increasingly important for organisations to adopt transparent climate strategies and set measurable targets to mitigate their environmental impact. Without such commitments, IFCI Limited may face challenges in aligning with global sustainability standards and expectations from stakeholders.
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.
IFCI 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.