Ditchcarbon
  • Contact
  1. Organizations
  2. Muthoot Finance
Public Profile
Financial Intermediation
IN
updated 16 days ago

Muthoot Finance

Company website

Muthoot Finance, a leading financial services company headquartered in India, has established itself as a prominent player in the non-banking financial sector since its inception in 1887. With a strong presence across various regions in India, the company primarily focuses on gold loans, personal loans, and microfinance, catering to a diverse clientele. Renowned for its customer-centric approach, Muthoot Finance offers unique products such as gold loan services with competitive interest rates and flexible repayment options. The company has achieved significant milestones, including a vast network of branches and a robust market position, making it one of the largest gold loan providers in the country. With a commitment to financial inclusion, Muthoot Finance continues to innovate and expand its offerings, solidifying its reputation as a trusted financial partner.

DitchCarbon Score

How does Muthoot Finance'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.

21

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.

30

Industry Benchmark

Muthoot Finance's score of 21 is lower than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.

18%

Let us know if this data was useful to you

Muthoot Finance's reported carbon emissions

In 2023, Muthoot Finance reported total carbon emissions of approximately 66,073,000 kg CO2e, comprising 11,643,000 kg CO2e from Scope 1 and 54,936,000 kg CO2e from Scope 2 emissions. This data reflects their operational impact within India and globally, with no reported Scope 3 emissions. Comparatively, in 2022, the company recorded total emissions of about 66,607,000 kg CO2e, with Scope 1 emissions at 11,307,000 kg CO2e and Scope 2 emissions at 54,954,000 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Muthoot Finance has not set specific reduction targets or climate pledges, nor do they participate in initiatives such as the Science Based Targets initiative (SBTi). The absence of defined reduction initiatives suggests a need for enhanced climate commitments in line with industry standards. The emissions data is sourced directly from Muthoot Finance Limited, with no cascading from a parent or related organization. The company continues to operate within the financial services sector, which is increasingly scrutinised for its environmental impact, highlighting the importance of robust climate strategies moving forward.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
11,307,000
00,000,000
Scope 2
54,954,000
00,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Muthoot Finance's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

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 Muthoot Finance is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Muthoot Finance 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Similar Organizations

LOLC Finance PLC

LK
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

India Infoline

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

Creditaccess Grameen

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 8 days ago

Mahindra And Mahindra Financial Services

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 14 days ago

L&T Finance Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 5 days ago

Bajaj Finance Limited

IN
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 20 days ago

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

Ditchcarbon
v251007.2
[email protected]+44 203 475 7875Ditch Carbon Ltd167-169 Great Portland StreetLondon W1W 5PF
UL Solutions verification badge
CDP logo
Gartner Cool Vendor 2025 badge
ProductPortalScope 3 Tool FunctionalityDataIntegrationsPricing
CustomersHaleonGrant ThorntonHikmaRead all stories
SolutionsProcurement teamsSustainability teamsPlatform ownersCarbon accountants
ResourcesCalculation MethodologyDocumentationBlogFAQOrganizationsIndustriesSBTI APITrust CentreChangelog
AboutTeamCareersLicense AgreementPrivacy