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.
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.
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.
IRFC's score of 13 is lower than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, IRFC reported carbon emissions of approximately 46,500 kg CO2e, all of which fall under Scope 2 emissions. This indicates that the organisation is focused on indirect emissions associated with the consumption of purchased electricity, steam, heating, and cooling. Currently, there are no disclosed reduction targets or climate pledges from IRFC, suggesting that while they are monitoring their emissions, they may not have formalised commitments to reduce their carbon footprint at this time. As the organisation continues to navigate its climate impact, further initiatives may be anticipated in the future.
Access structured emissions data, company-specific emission factors, and source documents
2024 | |
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Scope 1 | - |
Scope 2 | 46,500 |
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.
IRFC 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.