Nido Home Finance Limited Sustainability Profile
Nido Home Finance Limited, commonly referred to as Nido, is a prominent player in the Indian financial services sector, headquartered in India. Established in 2020, the company has quickly made a name for itself in the home finance industry, focusing on providing innovative mortgage solutions tailored to the needs of its clients. Nido offers a range of core products, including home loans, personal loans, and loan against property, distinguished by competitive interest rates and flexible repayment options. With a commitment to customer-centric service, Nido has positioned itself as a trusted partner for individuals seeking financial assistance in acquiring their dream homes. In a short span, Nido has achieved significant milestones, establishing a strong presence in major operational regions across India. Its dedication to transparency and efficiency has garnered positive recognition, solidifying its reputation in the competitive landscape of home finance.
DitchCarbon Score
How does Nido Home Finance 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 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
Nido Home Finance Limited's score of 27 is lower than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nido Home Finance Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Edelweiss Financial Services Limited, which may influence its climate-related initiatives and reporting. As of now, Nido Home Finance Limited has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The absence of a climate pledge further highlights the need for the company to develop a comprehensive strategy for addressing its carbon footprint. Given its relationship with Edelweiss Financial Services Limited, any potential climate commitments or emissions data may be inherited from this parent organization. However, specific details regarding emissions performance or reduction initiatives from Edelweiss Financial Services Limited have not been provided. In summary, Nido Home Finance Limited currently lacks specific emissions data and formal climate commitments, indicating an opportunity for the company to enhance its sustainability efforts and align with industry standards for carbon reduction.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,700,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000 |
| Scope 2 | 3,300,000 | 0,000,000 | 0,000,000 | 0,000,000 | - | 0,000 |
| Scope 3 | 8,900,000 | - | - | - | 00 | 00 |
How Carbon Intensive is Nido Home Finance Limited's Industry?
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Nido Home Finance Limited'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.
Nido Home Finance Limited 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.
