Public Profile

Platcorp Holdings

Platcorp Holdings, a prominent player in the financial services sector, is headquartered in Kenya (KE) and operates extensively across East Africa. Founded in 2004, the company has established itself as a leader in providing innovative financial solutions, including microfinance, insurance, and investment services. With a commitment to empowering individuals and businesses, Platcorp Holdings offers unique products tailored to meet diverse customer needs, setting itself apart through exceptional service delivery and community engagement. The company has achieved significant milestones, including strategic partnerships and a growing customer base, solidifying its market position as a trusted financial partner. As Platcorp Holdings continues to expand its footprint, it remains dedicated to fostering financial inclusion and driving economic growth in the regions it serves.

DitchCarbon Score

How does Platcorp Holdings'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.

7

Industry Average

Mean score of companies in the Business 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.

9

Industry Benchmark

Platcorp Holdings's score of 7 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.

78%

Platcorp Holdings's reported carbon emissions

In 2023, Platcorp Holdings reported total carbon emissions of approximately 770,000 kg CO2e, comprising about 354,880 kg CO2e from Scope 1 emissions and about 423,750 kg CO2e from Scope 2 emissions. This reflects a slight increase from 2022, where total emissions were around 734,000 kg CO2e. Over the past few years, the company has shown a commitment to reducing its carbon footprint, with emissions in 2021 reaching about 835,300 kg CO2e and in 2020 at approximately 753,600 kg CO2e. Platcorp Holdings has set a long-term commitment to achieve net-zero emissions by 2050, as part of its Science Based Targets initiative (SBTi) commitment. This target encompasses all scopes of emissions, indicating a comprehensive approach to climate action. The company is actively working towards this goal, having been classified as "Committed" to near-term targets. Overall, Platcorp Holdings is making strides in addressing its carbon emissions while aligning with global climate commitments, reflecting its dedication to sustainability within the financial services sector in Kenya.

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Add to project
2020202120222023
Scope 1
462,700
000,000
000,000
000,000
Scope 2
290,800
000,000
000,000
000,000
Scope 3
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Platcorp Holdings's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Platcorp Holdings is headquartered in KE, which has a rank of medium, indicating medium grid carbon 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.

Platcorp Holdings is committed to some reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers