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  1. Organizations
  2. Mercantile Investments and Finance PLC
  3. Public Profile

Mercantile Investments and Finance PLC Sustainability Profile

updated 8 months ago
17
DitchCarbon
Top91%

Mercantile Investments and Finance PLC, commonly referred to as Mercantile, is a prominent player in the financial services sector, headquartered in Sri Lanka (LK). Established in 1982, the company has built a strong reputation for providing a diverse range of financial solutions, including leasing, hire purchase, and fixed deposits, catering to both individual and corporate clients. With a focus on innovation and customer-centric services, Mercantile stands out in the competitive landscape of finance and investment. The company has achieved significant milestones, including expanding its operational reach across major regions in Sri Lanka. Renowned for its robust financial products and commitment to excellence, Mercantile Investments and Finance PLC continues to solidify its market position as a trusted partner in financial growth and stability.

Mercantile Investments and Finance PLC's reported carbon emissions

Mercantile Investments and Finance PLC, headquartered in LK, currently does not report any carbon emissions data, as indicated by the absence of specific figures. Consequently, there are no recorded emissions totals for Scope 1, Scope 2, or Scope 3. Additionally, the company has not established any documented reduction targets or climate pledges, which suggests a lack of formal commitments to address carbon emissions at this time. In the context of the finance and investment sector, it is increasingly important for organisations to adopt robust climate strategies and transparency in emissions reporting. As the industry moves towards sustainability, Mercantile Investments and Finance PLC may need to consider developing climate commitments to align with global standards and expectations.

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How Carbon Intensive is Mercantile Investments and Finance PLC's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Mercantile Investments and Finance PLC's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Mercantile Investments and Finance PLC's Location?

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. This request for Mercantile Investments and Finance PLC is in LK, which has a high grid carbon intensity relative to other regions.

Mercantile Investments and Finance PLC'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.

Mercantile Investments and Finance PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Race To Net Zero
RSPO
PRI
Responsible Business Alliance
Responsible Minerals Initiative
Responsible Labor Initiative
Reduction Actions

Compare Mercantile Investments and Finance PLC's Emissions With Industry Peers

CompanyCountryIndustryLast UpdatedScoreDetails
Standard Chartered BankGBFinancial intermediation services, except insurance and pension funding services (65)about 4 hours ago79
Arpico Finance Company PLCLKFinancial intermediation services, except insurance and pension funding services (65)8 days ago17
Commercial Bank Of CeylonLKFinancial intermediation services, except insurance and pension funding services (65)8 days ago28
Asia Asset Finance PLCLKFinancial intermediation services, except insurance and pension funding services (65)9 days ago19
HNB Finance PLCLKFinancial intermediation services, except insurance and pension funding services (65)8 days ago17
Vallibel Finance PLCLKFinancial intermediation services, except insurance and pension funding services (65)9 days ago17
Standard Chartered Bank
GB•Financial intermediation services, except insurance and pension funding services (65)
about 4 hours ago
79
Arpico Finance Company PLC
LK•Financial intermediation services, except insurance and pension funding services (65)
8 days ago
17
Commercial Bank Of Ceylon
LK•Financial intermediation services, except insurance and pension funding services (65)
8 days ago
28
Asia Asset Finance PLC
LK•Financial intermediation services, except insurance and pension funding services (65)
9 days ago
19
HNB Finance PLC
LK•Financial intermediation services, except insurance and pension funding services (65)
8 days ago
17
Vallibel Finance PLC
LK•Financial intermediation services, except insurance and pension funding services (65)
9 days ago
17
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