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.
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.
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.
Poonawalla Fincorp Limited's score of 14 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Poonawalla Fincorp Limited reported total carbon emissions of approximately 961,140 kg CO2e from Scope 2 and about 140 kg CO2e from Scope 1. This indicates a significant reliance on indirect emissions associated with electricity consumption, as Scope 2 emissions dominate the total. In 2024, the company’s emissions increased, with Scope 1 emissions rising to about 14,730 kg CO2e and Scope 2 emissions reaching approximately 1,251,930 kg CO2e. Despite this increase, the emissions intensity per rupee of turnover improved, with a reduction to 0.009, compared to 0.01071 in 2023, suggesting enhanced operational efficiency. Currently, Poonawalla Fincorp has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in line with industry standards for climate action. The absence of defined reduction initiatives highlights the need for the company to establish clear climate commitments to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2023 | 2024 | |
---|---|---|
Scope 1 | 140 | 00,000 |
Scope 2 | 961,000 | 0,000,000 |
Scope 3 | - | - |
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.