People's Leasing & Finance PLC Sustainability Profile
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 29 is lower than 50% 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 502,931.3 kg CO2e from Scope 3 emissions. The previous year, 2022, saw a total of about 1,802,270 kg CO2e, with Scope 1 emissions at 232,730 kg CO2e, Scope 2 at 1,185,700 kg CO2e, and Scope 3 at 1,569,540 kg CO2e. Despite the increase in emissions from 2022 to 2023, there are currently no disclosed reduction targets or climate pledges from People's Leasing & Finance PLC. The company operates as a current subsidiary and does not inherit any specific reduction targets from its corporate family. The emissions data indicates a significant reliance on Scope 3 emissions, which often represent the largest share of a company's carbon footprint. As the organisation continues to assess its climate impact, it may consider establishing reduction initiatives to align with industry standards and expectations.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 232,730 | 0,000,000 |
| Scope 2 | 1,185,700 | 000,000 |
| Scope 3 | 1,569,540 | 000,000.0 |
How Carbon Intensive is People's Leasing & Finance PLC's Industry?
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People's Leasing & Finance PLC'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.
People's Leasing & Finance PLC 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.
