North Eastern Development Finance Corporation Ltd. Sustainability Profile
North Eastern Development Finance Corporation Ltd. (NEDFi), headquartered in Guwahati, India, plays a pivotal role in the economic development of the North Eastern region. Established in 1995, NEDFi focuses on providing financial assistance and support to small and medium enterprises (SMEs), promoting entrepreneurship and sustainable development. Operating primarily in the North Eastern states, NEDFi offers a range of financial products, including term loans, working capital, and project financing, tailored to meet the unique needs of local businesses. Its commitment to fostering regional growth has positioned NEDFi as a key player in the development finance sector, with notable achievements in enhancing the entrepreneurial landscape. With a strong emphasis on innovation and community development, NEDFi continues to empower local entrepreneurs, making significant strides in the region's economic landscape.
DitchCarbon Score
How does North Eastern Development Finance Corporation Ltd.'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
North Eastern Development Finance Corporation Ltd.'s score of 14 is lower than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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North Eastern Development Finance Corporation Ltd.'s reported carbon emissions
North Eastern Development Finance Corporation Ltd. (NEDFi), headquartered in India, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a result, NEDFi's climate commitments and initiatives remain unspecified, and there is no inherited emissions data from a parent or related organisation. This lack of information highlights a potential area for improvement in transparency and accountability regarding their environmental impact and sustainability efforts. In the context of the finance sector, it is increasingly important for institutions like NEDFi to establish clear climate commitments and reduction targets to align with global sustainability goals and enhance their corporate responsibility profile.
How Carbon Intensive is North Eastern Development Finance Corporation Ltd.'s Industry?
How Carbon Intensive is North Eastern Development Finance Corporation Ltd.'s Location?
North Eastern Development Finance Corporation Ltd.'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.
North Eastern Development Finance Corporation Ltd. 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.
