Mercantile Investments and Finance PLC
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.
DitchCarbon Score
How does Mercantile Investments and Finance PLC'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
Mercantile Investments and Finance PLC's score of 22 is higher than 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mercantile Investments and Finance PLC's reported carbon emissions
In 2019, Mercantile Investments and Finance PLC reported total carbon emissions of approximately 3,167,090 kg CO2e. This figure includes Scope 1 emissions of about 610,600 kg CO2e, Scope 2 emissions from purchased electricity at approximately 746,860 kg CO2e, and Scope 3 emissions, which encompass employee commuting (about 83,570 kg CO2e), waste generated in operations (160 kg CO2e), and fuel and energy-related activities (approximately 65,000 kg CO2e). The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it is essential to note that the emissions intensity per employee has shown fluctuations, with values of 2,790 kg CO2e in 2017, 3,290 kg CO2e in 2018, and 3,050 kg CO2e in 2019. This data indicates a need for ongoing efforts to manage and reduce carbon emissions effectively. As of now, Mercantile Investments and Finance PLC has not made any formal climate pledges or commitments to the Science Based Targets initiative (SBTi), highlighting an opportunity for the company to enhance its climate strategy and align with industry standards for sustainability.
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Get Started| 2019 | |
|---|---|
| Scope 1 | 610,600 |
| Scope 2 | 746,860 |
| Scope 3 | 148,730 |
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.
Mercantile Investments and Finance PLC is not committed to any reduction initiatives 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.
