MAS Financial Services Limited
MAS Financial Services Limited, headquartered in India, is a prominent player in the financial services industry, specialising in providing a diverse range of financial solutions. Founded in 1995, the company has established a strong presence across major operational regions, including Gujarat, Maharashtra, and Rajasthan. MAS Financial Services is renowned for its core offerings, which include vehicle financing, personal loans, and small business loans, distinguished by their customer-centric approach and flexible repayment options. Over the years, the company has achieved significant milestones, positioning itself as a trusted partner for individuals and businesses alike. With a commitment to innovation and excellence, MAS Financial Services Limited continues to enhance its market position, making it a key contributor to the financial landscape in India.
DitchCarbon Score
How does MAS Financial Services Limited'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 Services Auxiliary to 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
MAS Financial Services Limited's score of 29 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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MAS Financial Services Limited's reported carbon emissions
In 2023, MAS Financial Services Limited reported significant carbon emissions, totalling approximately 2,217,336,490 kg CO2e. This figure includes 46,289,320 kg CO2e from Scope 1 emissions, 88,315,210 kg CO2e from Scope 2 emissions, and a substantial 2,171,133,649 kg CO2e from Scope 3 emissions. The company has disclosed emissions data for all three scopes, indicating a comprehensive approach to carbon accounting. In 2022, the emissions were slightly lower, with total emissions of about 443,448,000 kg CO2e, comprising 137,382,000 kg CO2e from Scope 1, 156,420,000 kg CO2e from Scope 2, and 149,446,000 kg CO2e from Scope 3. The trend shows a notable increase in emissions from 2022 to 2023, particularly in Scope 3, which is often the largest contributor in service-oriented sectors. Despite the high emissions figures, MAS Financial Services Limited has not set specific reduction targets or climate pledges, as indicated by the absence of documented reduction initiatives or SBTi targets. This lack of formal commitments may reflect the broader industry context, where many financial services firms are still developing robust climate strategies. Overall, while MAS Financial Services Limited has made strides in emissions reporting, the absence of reduction targets highlights an area for potential improvement in their climate commitments.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 168,832,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 2 | 168,832,000 | 000,000,000 | 000,000,000 | 000,000,000 | 00,000,000 |
| Scope 3 | 168,832,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 |
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.
MAS Financial Services Limited 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.
