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, which are direct emissions from owned or controlled sources, and 225,350 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company recorded Scope 3 emissions of about 138,791.3 kg CO2e, which encompass all other indirect emissions that occur in the value chain. In 2022, the total emissions were approximately 1,802,270 kg CO2e, with Scope 1 emissions at 232,730 kg CO2e and Scope 2 emissions at 1,185,700 kg CO2e. Notably, there is no reported data for Scope 3 emissions for that year. Despite these figures, People's Leasing & Finance PLC has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of documented climate pledges or science-based targets suggests that the company may still be in the early stages of formalising its climate commitments. Overall, while the company has made strides in emissions reporting, further transparency regarding reduction strategies and commitments would enhance its climate action profile.
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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.
