Jio Financial Services Sustainability Profile
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.
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
Jio Financial Services's score of 15 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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Jio Financial Services's reported carbon emissions
In 2024, Jio Financial Services reported Scope 2 emissions of approximately 80,900 kg CO2e globally, while in India, the company recorded zero Scope 1 emissions. The data indicates that Jio Financial Services has not disclosed any Scope 3 emissions. For the year 2025, the company continues to report zero Scope 1 emissions in India, with no additional emissions data available for other scopes. The total energy consumed from non-renewable sources was about 637,000 GJ, while renewable energy consumption was minimal at approximately 0.091 GJ. Despite the absence of specific reduction targets or climate pledges, Jio Financial Services is actively monitoring its emissions and energy consumption. The company does not inherit emissions data from a parent organisation, indicating that its reporting is independent. Overall, Jio Financial Services is in the early stages of establishing its climate commitments, with a focus on transparency in emissions reporting.
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| 2024 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 80,900 |
| Scope 3 | - |
How Carbon Intensive is Jio Financial Services's Industry?
How Carbon Intensive is Jio Financial Services's Location?
Jio Financial Services'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.
Jio Financial Services 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.
