IIFL Home Finance Limited, a prominent player in the Indian financial services sector, is headquartered in Mumbai, India. Established in 2010, the company has rapidly evolved to become a trusted provider of home loans and related financial products across major operational regions in India. Specialising in affordable housing finance, IIFL Home Finance offers a range of unique services, including home loans, loan against property, and construction finance, tailored to meet the diverse needs of its customers. The company is recognised for its customer-centric approach and innovative solutions, which have positioned it as a leader in the home finance industry. With a commitment to empowering homeownership, IIFL Home Finance Limited has achieved significant milestones, including a robust loan portfolio and a growing customer base, solidifying its reputation as a reliable partner in the journey towards home ownership.
How does IIFL Home 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.
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.
IIFL Home Finance Limited's score of 33 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IIFL Home Finance Limited reported total carbon emissions of approximately 7,792,180 kg CO2e, with Scope 1 emissions accounting for about 94,830 kg CO2e and Scope 2 emissions contributing approximately 3,674,050 kg CO2e. The combined Scope 1 and Scope 2 emissions totalled around 6,139,840 kg CO2e. In 2023, the company recorded total emissions of about 12,672,680 kg CO2e, with Scope 1 emissions at approximately 19,910 kg CO2e and Scope 3 emissions at about 1,985,870 kg CO2e. The Scope 1 and 2 emissions combined for that year were around 12,692,590 kg CO2e. IIFL Home Finance has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to a 30% reduction in both Scope 1 and Scope 2 emissions from a 2021 baseline by 2030. These targets reflect a proactive approach to climate action, aligning with industry standards for sustainability. The emissions data for IIFL Home Finance Limited is cascaded from its parent company, IIFL Finance Limited, which provides a broader context for its climate initiatives. The company is actively working towards achieving these reduction targets while maintaining transparency in its emissions reporting.
Access structured emissions data, company-specific emission factors, and source documents
2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 20,650 | 00,000 | - | 00,000 | 00,000 |
Scope 2 | 708,990 | 000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
Scope 3 | - | - | - | 0,000,000 | - |
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 Home 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.