Poonawalla Fincorp Limited
Poonawalla Fincorp Limited, a prominent player in the Indian financial services sector, is headquartered in Pune, India. Founded in 1994, the company has established itself as a leading provider of diverse financial solutions, including personal loans, business loans, and vehicle financing. With a strong presence across major operational regions in India, Poonawalla Fincorp is known for its customer-centric approach and innovative products tailored to meet the evolving needs of individuals and businesses. The company has achieved significant milestones, including a robust digital platform that enhances customer experience and accessibility. Poonawalla Fincorp's commitment to transparency and efficiency has positioned it favourably in the competitive landscape, making it a trusted choice for financial services. With a focus on sustainable growth and responsible lending, Poonawalla Fincorp continues to drive financial inclusion across the nation.
DitchCarbon Score
How does Poonawalla Fincorp Limited'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
Poonawalla Fincorp Limited's score of 14 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Poonawalla Fincorp Limited's reported carbon emissions
In 2023, Poonawalla Fincorp Limited reported total carbon emissions of approximately 961,140 kg CO2e from Scope 2 and 140 kg CO2e from Scope 1, totalling about 961,280 kg CO2e. The company has disclosed emissions data for both Scope 1 and Scope 2, but there is no available data for Scope 3 emissions. For the following year, 2024, emissions increased, with Scope 1 emissions at approximately 14,730 kg CO2e and Scope 2 emissions at about 1,251,930 kg CO2e, resulting in total emissions of around 1,266,660 kg CO2e. This indicates a significant rise in emissions, particularly in Scope 2. Poonawalla Fincorp has not set specific reduction targets or climate pledges, nor have they committed to Science-Based Targets Initiative (SBTi) reduction targets. The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. Overall, while Poonawalla Fincorp has made strides in disclosing its emissions, further commitments and reduction strategies will be essential for aligning with industry standards and addressing climate change effectively.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 140 | 00,000 |
| Scope 2 | 961,000 | 0,000,000 |
| Scope 3 | - | - |
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.
Poonawalla Fincorp Limited is not committed to any 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.
