Oxigen Services (India) Pvt. Ltd. Sustainability Profile
Oxigen Services (India) Pvt. Ltd., headquartered in India, is a leading player in the digital payments and financial services industry. Founded in 2004, the company has established a strong presence across major operational regions, including urban and rural areas throughout India. Specialising in mobile wallet solutions, bill payments, and e-commerce services, Oxigen stands out for its commitment to innovation and customer-centric offerings. The company has achieved significant milestones, including partnerships with various financial institutions and a robust network of agents, enhancing its market position. With a focus on empowering users through technology, Oxigen Services continues to drive financial inclusion and digital transformation in India, making it a notable name in the fintech landscape.
DitchCarbon Score
How does Oxigen Services (India) Pvt. 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 Telecommunications Services 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
Oxigen Services (India) Pvt. Ltd.'s score of 33 is higher than 53% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Oxigen Services (India) Pvt. Ltd.'s reported carbon emissions
In 2023, Oxigen Services (India) Pvt. Ltd. reported total carbon emissions of approximately 73,260,000 kg CO2e. This figure includes 59,622,000 kg CO2e from Scope 1 emissions, which pertain to direct emissions from owned or controlled sources, and 13,638,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. Additionally, the company recorded Scope 3 emissions of about 70,943,000 kg CO2e, which encompass all other indirect emissions in the value chain. Comparatively, in 2022, the total emissions were higher at approximately 89,116,000 kg CO2e, with Scope 1 emissions at 70,943,000 kg CO2e and Scope 2 emissions at 18,173,000 kg CO2e. This indicates a significant reduction in total emissions from 2022 to 2023. Oxigen Services has set ambitious near-term targets to achieve net-zero emissions for both Scope 1 and Scope 2 by 2025. The company aims to bring its direct emissions from energy production as close to zero as possible, as well as its indirect emissions from energy production. These commitments reflect a proactive approach to climate action and align with industry standards for sustainability. The emissions data is not cascaded from any parent organization, indicating that Oxigen Services is independently reporting its emissions and climate commitments.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 70,943,000 | 00,000,000 |
| Scope 2 | 18,173,000 | 00,000,000 |
| Scope 3 | 70,943,000 | 00,000,000 |
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Oxigen Services (India) Pvt. 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.
Oxigen Services (India) Pvt. 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.
