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 10 is higher than 72% 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, a significant reduction from about 13,479,483,000 kg CO2e in 2022. The breakdown of emissions for 2023 includes approximately 807,199,000 kg CO2e from Scope 1, about 190,622,000 kg CO2e from Scope 2, and around 8,724,127,000 kg CO2e from Scope 3 emissions. Despite this reduction in total emissions, SAMCO has not disclosed any specific reduction targets or initiatives aimed at further decreasing their carbon footprint. The absence of documented reduction targets suggests a need for enhanced climate commitments within the organisation. Overall, SAMCO's emissions data reflects a positive trend towards lower carbon emissions, but the lack of formalised climate pledges or targets indicates potential areas for improvement in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 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 |
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.
SAMCO 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.