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.
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.
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.
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.
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 unclear, and there is no inherited emissions data from a parent or related organisation. The lack of emissions reporting and reduction strategies suggests that NEDFi may still be in the early stages of developing a comprehensive climate action plan. In the context of the finance sector, it is increasingly important for institutions like NEDFi to establish clear climate commitments and measurable targets to align with global sustainability goals.
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.
North Eastern Development Finance Corporation Ltd. 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.