IRFC Sustainability Profile
Indian Railway Finance Corporation (IRFC), headquartered in New Delhi, India, plays a pivotal role in the railway finance sector. Established in 1986, IRFC has become a key player in providing financial assistance to the Indian Railways, facilitating the procurement of rolling stock and infrastructure development. Specialising in the financing of railway projects, IRFC offers unique services such as long-term loans and leasing options, tailored to meet the specific needs of the rail sector. With a strong market position, the corporation has achieved notable milestones, including its successful debut on the stock market in 2021, which further solidified its reputation as a reliable financial partner. IRFC's commitment to supporting the growth of Indian Railways underscores its significance in the transportation industry, making it an essential entity in the nation's infrastructure development landscape.
DitchCarbon Score
How does IRFC'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
IRFC'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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IRFC's reported carbon emissions
As of the latest available data, the Indian Railway Finance Corporation (IRFC) does not report any specific carbon emissions figures, indicating a lack of disclosed emissions data. Consequently, there are no recorded totals for Scope 1, Scope 2, or Scope 3 emissions. IRFC 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 organisation may still be in the early stages of formalising its climate strategy or reporting practices. Given the context of the industry, it is essential for IRFC to develop and communicate clear climate commitments to align with global sustainability goals and enhance transparency in its environmental impact.
How Carbon Intensive is IRFC's Industry?
How Carbon Intensive is IRFC's Location?
IRFC'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.
IRFC 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.
