IRFC
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 publicly disclosed emissions data. Consequently, there are no recorded Scope 1, 2, or 3 emissions figures to analyse. IRFC has not established any documented reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This absence of targets suggests that the organisation may still be in the early stages of developing a comprehensive climate strategy. While IRFC does not currently report emissions or reduction initiatives, it is essential for organisations in the finance sector, particularly those linked to infrastructure and transportation, to actively engage in climate commitments. This engagement is crucial for aligning with global sustainability goals and addressing the pressing challenges of climate change.
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
IRFC 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.
