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 38 is higher than 78% 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 total carbon emissions of approximately 2,038,280 kg CO2e, comprising 317,000 kg CO2e from Scope 1, 741,000 kg CO2e from Scope 2, and 610,280 kg CO2e from Scope 3 emissions. This marked a slight increase in emissions compared to previous years, with 2022 emissions totalling about 2,443,000 kg CO2e. The company has shown a trend of decreasing Scope 1 and Scope 2 emissions over the years, with Scope 1 emissions dropping from 168,832,000 kg CO2e in 2019 to 413,000 kg CO2e in 2024. Similarly, Scope 2 emissions decreased from 168,832,000 kg CO2e in 2019 to 956,000 kg CO2e in 2024. However, Scope 3 emissions have fluctuated, with a peak of 168,832,000 kg CO2e in 2019 and a subsequent decrease to 811,130 kg CO2e in 2024. Despite these figures, MAS Financial Services Limited has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). The absence of defined climate pledges indicates a potential area for improvement in their sustainability strategy. Overall, while the company has made strides in reducing certain emissions, a comprehensive climate commitment could enhance its environmental impact and accountability.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 168,832,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 |
| Scope 2 | 168,832,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 000,000 |
| Scope 3 | 168,832,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000 | 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.
