Poonawalla Fincorp Limited Sustainability Profile
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 18 is lower than 88% 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 2024, Poonawalla Fincorp Limited reported total carbon emissions of approximately 1,266,660 kg CO2e, comprising 14,730 kg CO2e from Scope 1 and 1,251,930 kg CO2e from Scope 2 emissions. This data reflects a consistent emission pattern observed in the previous year, 2023, where the company recorded similar figures: 14,730 kg CO2e for Scope 1 and 1,251,930 kg CO2e for Scope 2, resulting in total emissions of about 1,266,660 kg CO2e. In 2022, emissions were significantly lower, with 140 kg CO2e from Scope 1 and 961,000 kg CO2e from Scope 2, totalling approximately 961,140 kg CO2e. Poonawalla Fincorp has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations and energy use. The company has not set specific reduction targets or climate pledges, which may limit their commitment to long-term sustainability goals. The emissions data is cascaded from Poonawalla Fincorp Limited as a current subsidiary, with no additional targets or initiatives reported from parent or related organizations. The company’s emissions intensity per rupee of turnover has shown a slight decrease, with 0.009 kg CO2e in 2024 compared to 0.01071 kg CO2e in 2023, indicating a potential improvement in operational efficiency relative to revenue generation. Overall, while Poonawalla Fincorp Limited has made strides in emissions reporting, the absence of reduction targets and comprehensive climate commitments may present challenges in aligning with industry standards for climate action.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 140 | 00,000 |
| Scope 2 | 961,000 | 0,000,000 |
| Scope 3 | - | - |
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Poonawalla Fincorp Limited'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.
Poonawalla Fincorp Limited 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.
