People's Leasing & Finance PLC
People's Leasing & Finance PLC, headquartered in Sri Lanka, is a leading player in the financial services industry, specialising in leasing, hire purchase, and microfinance solutions. Established in 1995, the company has grown significantly, establishing a strong presence across major operational regions in Sri Lanka. With a commitment to providing innovative financial products, People's Leasing offers unique services tailored to meet the diverse needs of individuals and businesses. Their core offerings include vehicle leasing, equipment financing, and personal loans, all designed to empower customers with flexible financial solutions. Recognised for its robust market position, People's Leasing & Finance PLC has achieved numerous accolades, reflecting its dedication to excellence and customer satisfaction in the competitive finance sector.
DitchCarbon Score
How does People's Leasing & Finance PLC'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
People's Leasing & Finance PLC's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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People's Leasing & Finance PLC's reported carbon emissions
In 2023, People's Leasing & Finance PLC reported total carbon emissions of approximately 2,510,500 kg CO2e. This figure includes 2,146,360 kg CO2e from Scope 1 emissions, 225,350 kg CO2e from Scope 2 emissions, and 138,791.3 kg CO2e from Scope 3 emissions. The company has shown a significant reduction in emissions from 2022, where total emissions were about 1,802,270 kg CO2e, indicating a proactive approach to managing their carbon footprint. For 2024, emissions data is not yet available, but the company continues to focus on its climate commitments. Notably, there are currently no disclosed reduction targets or climate pledges, which suggests that while emissions data is cascaded from the parent organization, specific initiatives for emissions reduction have not been established. People's Leasing & Finance PLC operates as a current subsidiary and inherits its emissions data from its own reporting. The company has not yet set Science-Based Targets Initiative (SBTi) reduction targets, which could further enhance its climate strategy. The absence of specific reduction initiatives highlights an opportunity for the company to develop a more robust climate action plan moving forward.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 232,730 | 0,000,000 |
| Scope 2 | 1,185,700 | 000,000 |
| Scope 3 | - | 000,000.0 |
Industry emissions intensity
Location emissions intensity
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.
People's Leasing & Finance PLC 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.
