Indiabulls Home Loans, a prominent player in the Indian housing finance sector, is headquartered in Gurgaon, India. Established in 2005, the company has rapidly evolved, offering a range of financial products tailored to meet the diverse needs of homebuyers across the country. With a strong presence in major operational regions, Indiabulls Home Loans focuses on providing affordable home loans, balance transfer options, and top-up loans, distinguished by competitive interest rates and flexible repayment terms. Recognised for its customer-centric approach, Indiabulls Home Loans has achieved significant milestones, including a robust market position among leading housing finance companies in India. The firm’s commitment to innovation and efficiency has garnered it numerous accolades, solidifying its reputation as a trusted partner for aspiring homeowners.
How does Indiabulls Home Loans'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.
Indiabulls Home Loans's score of 37 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Indiabulls Home Loans reported total carbon emissions of approximately 5,649,690 kg CO2e. This figure includes 384,360 kg CO2e from Scope 1 emissions, primarily from mobile combustion, and 2,235,840 kg CO2e from Scope 2 emissions, mainly from purchased electricity. Notably, their Scope 3 emissions were significantly higher, totalling about 13,446,000 kg CO2e, with substantial contributions from business travel and purchased goods and services. In 2022, the company had total emissions of about 4,447,140 kg CO2e for Scope 1 and 2 combined, indicating a rise in emissions in 2023. The breakdown for 2022 included 862,570 kg CO2e from Scope 1 and 3,607,570 kg CO2e from Scope 2, alongside 821,940 kg CO2e from Scope 3. Despite these figures, Indiabulls Home Loans has not disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. Their commitment to addressing climate change remains vague, with no documented climate pledges or targets under the Science Based Targets initiative (SBTi). As the company continues to navigate its environmental impact, further transparency regarding its climate commitments would be beneficial.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 862,570 | 000,000 | 0,000,000 |
Scope 2 | 3,607,570 | 0,000,000 | 0,000,000 |
Scope 3 | 821,940 | 00,000,000 | 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.
Indiabulls Home Loans 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.