Public Profile

Power Finance Corporation

Power Finance Corporation Limited (PFC) is a leading financial institution headquartered in New Delhi, India. Established in 1986, PFC has played a pivotal role in the power sector, primarily focusing on financing power generation, transmission, and distribution projects across the country. With a strong presence in various operational regions, the corporation has significantly contributed to India's energy landscape. PFC offers a range of financial products and services, including project financing, consultancy, and equity investments, tailored to meet the unique needs of the power industry. Renowned for its robust financial performance, PFC has achieved notable milestones, including being a Maharatna company, which underscores its market position and operational excellence. Through its commitment to sustainable energy solutions, Power Finance Corporation continues to support India's transition towards a greener future.

DitchCarbon Score

How does Power Finance Corporation'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.

21

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.

26

Industry Benchmark

Power Finance Corporation's score of 21 is lower than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.

34%

Power Finance Corporation's reported carbon emissions

In 2024, Power Finance Corporation (PFC) reported total carbon emissions of approximately 1,268,570 kg CO2e from Scope 2 and 800 kg CO2e from Scope 1, amounting to a combined total of about 1,269,370 kg CO2e. This reflects a decrease from 2023, where emissions were approximately 1,197,200 kg CO2e from Scope 2 and 1,900 kg CO2e from Scope 1, leading to a total of about 1,199,100 kg CO2e. PFC has disclosed emissions data for both Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. The corporation has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in line with industry standards for climate action. Overall, PFC's emissions intensity per rupee of turnover has shown a slight improvement, with 2024 reporting an intensity of 0.0000285 kg CO2e per INR of revenue compared to 0.0000295 kg CO2e in 2023. This trend suggests a focus on enhancing operational efficiency while addressing carbon emissions.

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20232024
Scope 1
1,900
000
Scope 2
1,197,200
0,000,000
Scope 3
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Power Finance Corporation's primary industry is Financial intermediation services, except insurance and pension funding services (65), 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. Power Finance Corporation is headquartered in IN, which has a rank of very high, indicating very high 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.

Power Finance Corporation 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero

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Where does DitchCarbon data come from?

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