SAMCO, officially known as SAMCO Securities Limited, is a prominent player in the Indian financial services industry, headquartered in Mumbai, India. Founded in 2015, the company has rapidly established itself as a leading provider of stock broking and investment solutions, catering to both retail and institutional clients across major operational regions in India. Specialising in technology-driven trading platforms, SAMCO offers unique services such as its innovative stock trading app and research tools, designed to empower investors with real-time insights. The firm has garnered recognition for its commitment to transparency and customer-centric approach, positioning itself as a trusted partner in wealth creation. With a focus on enhancing the trading experience, SAMCO continues to achieve significant milestones, solidifying its reputation in the competitive landscape of Indian finance.
How does SAMCO'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.
SAMCO's score of 30 is higher than 50% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, SAMCO reported total carbon emissions of approximately 9,721,949,000 kg CO2e. This figure includes Scope 1 emissions of about 807,199,000 kg CO2e, Scope 2 emissions of around 190,622,000 kg CO2e, and significant Scope 3 emissions totalling approximately 8,724,127,000 kg CO2e. This represents a reduction from 2022, when total emissions were about 13,479,483,000 kg CO2e, with Scope 1 at approximately 1,095,865,000 kg CO2e, Scope 2 at around 273,799,000 kg CO2e, and Scope 3 at about 12,109,820,000 kg CO2e. Despite these figures, SAMCO has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The emissions data is cascaded from their parent company, SAMCO Securities Limited, indicating a corporate family relationship that influences their reporting. Overall, while SAMCO's emissions remain substantial, the decrease from the previous year highlights a potential commitment to addressing climate impact, although further details on specific reduction strategies or targets are currently unavailable.
Access structured emissions data, company-specific emission factors, and source documents
| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 1,095,865,000 | 000,000,000 |
| Scope 2 | 273,799,000 | 000,000,000 |
| Scope 3 | 12,109,820,000 | 0,000,000,000 |
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.
SAMCO 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.
