IIFL, or India Infoline Limited, is a prominent financial services company headquartered in Mumbai, India. Established in 1995, IIFL has evolved into a leading player in the financial sector, offering a diverse range of services including retail and institutional broking, wealth management, and home loans. With a strong presence across major operational regions in India, IIFL has consistently demonstrated its commitment to innovation and customer-centric solutions. The company’s core offerings, such as IIFL Home Loans, stand out for their competitive interest rates and flexible repayment options, catering to a wide array of customer needs. IIFL has achieved significant milestones, including recognition for its robust technology-driven platforms, which enhance user experience and operational efficiency. As a trusted name in the industry, IIFL continues to solidify its market position through strategic growth and a focus on delivering value to its clients.
How does Iifl'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 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.
Iifl's score of 11 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, IIFL reported significant carbon emissions, with Scope 2 emissions totalling approximately 12,919,000 kg CO2e. This marks an increase from the previous year, 2022, when Scope 2 emissions were about 8,685,000 kg CO2e. The rise in emissions coincides with an increase in revenue, which reached approximately USD 800,581,701 in 2023, compared to USD 699,384,642 in 2022. Currently, IIFL has not established specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or any documented climate pledges. This lack of formal commitments highlights an opportunity for the organisation to enhance its climate strategy and align with industry standards for emissions reduction. As the company continues to grow, addressing its carbon footprint will be crucial for sustainable development and corporate responsibility.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
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Scope 1 | - | - |
Scope 2 | 8,685,000 | 00,000,000 |
Scope 3 | - | - |
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.
Iifl 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.