Public Profile

Jio Financial Services

Jio Financial Services, a prominent player in the Indian financial sector, is headquartered in Mumbai, India. Established in 2023, the company has quickly positioned itself as a key provider of innovative financial solutions, catering to a diverse clientele across the country. Operating primarily in the fintech industry, Jio Financial Services offers a range of products, including digital payments, lending, and investment services. Its unique integration with the extensive Jio ecosystem enhances user experience and accessibility. With a commitment to leveraging technology for financial inclusion, Jio Financial Services aims to revolutionise the way individuals and businesses manage their finances. The company’s rapid growth and strategic initiatives have already garnered significant attention in the market, establishing it as a formidable competitor in the financial services landscape.

DitchCarbon Score

How does Jio Financial Services'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.

0

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.

13

Industry Benchmark

Jio Financial Services's score of 0 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

10%

Jio Financial Services's reported carbon emissions

In 2024, Jio Financial Services reported a total of approximately 80,900 kg CO2e in carbon emissions, all of which were classified under Scope 2 emissions. Notably, there were no emissions recorded under Scope 1, indicating that the company has effectively managed its direct emissions. Currently, there are no specific reduction targets or climate pledges disclosed by Jio Financial Services, which suggests a potential area for future commitment in addressing climate change. As the company continues to operate within the financial services sector in India, it may benefit from establishing clear climate goals to enhance its sustainability profile and align with industry standards.

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2024
Scope 1
-
Scope 2
80,900
Scope 3
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Jio Financial Services's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Jio Financial Services is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Jio Financial Services 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers