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 16 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 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. For the year 2024, the company’s emissions increased, with Scope 1 emissions at approximately 14,730 kg CO2e and Scope 2 emissions reaching about 1,251,930 kg CO2e. This reflects a growing operational footprint, with total emissions from both scopes amounting to approximately 1,266,660 kg CO2e. Poonawalla Fincorp has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate commitments suggests that the company may be in the early stages of developing a comprehensive sustainability strategy. Overall, while the emissions data indicates a substantial environmental impact, the lack of reduction targets highlights an opportunity for Poonawalla Fincorp to enhance its climate commitments and align with industry standards for sustainability.
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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 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.
