Maharashtra State Financial Corporation Sustainability Profile
Maharashtra State Financial Corporation (MSFC) is a prominent financial institution headquartered in Mumbai, India. Established in 1964, MSFC has played a pivotal role in fostering industrial development across Maharashtra, particularly in small and medium enterprises (SMEs). The corporation primarily focuses on providing financial assistance, including term loans and working capital, tailored to the unique needs of businesses in various sectors. With a strong commitment to promoting entrepreneurship, MSFC has achieved significant milestones, including the successful disbursement of loans to thousands of businesses, thereby contributing to the state's economic growth. Its core services, characterised by personalised financial solutions and expert guidance, set it apart in the competitive landscape of financial services. As a key player in the industry, MSFC continues to enhance its market position by supporting innovation and sustainable development in Maharashtra.
DitchCarbon Score
How does Maharashtra State Financial Corporation'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 Business Services 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
Maharashtra State Financial Corporation's score of 14 is lower than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Maharashtra State Financial Corporation's reported carbon emissions
Maharashtra State Financial Corporation (MSFC) currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges outlined in their initiatives. As of now, MSFC has not cascaded any emissions data from a parent or related organization, which means they operate independently regarding their climate commitments. Without specific emissions data or reduction initiatives, it is challenging to assess their current environmental impact or future commitments in the context of climate change. In the broader industry context, financial institutions are increasingly recognising the importance of sustainability and are expected to adopt transparent climate strategies. MSFC may consider aligning with industry standards and frameworks, such as the Science Based Targets initiative (SBTi), to establish measurable climate goals in the future.
How Carbon Intensive is Maharashtra State Financial Corporation's Industry?
How Carbon Intensive is Maharashtra State Financial Corporation's Location?
Maharashtra State Financial Corporation'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.
Maharashtra State Financial Corporation 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.
