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 80% 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 807,199,000 kg CO2e from Scope 1 emissions, 190,622,000 kg CO2e from Scope 2 emissions, and a significant 8,724,127,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, SAMCO's total emissions were about 13,479,483,000 kg CO2e, indicating a reduction of approximately 3,757,534,000 kg CO2e year-on-year. This reduction reflects a commitment to decreasing their carbon footprint, although specific reduction targets or initiatives have not been disclosed. SAMCO's emissions data highlights their substantial reliance on Scope 3 emissions, which account for the majority of their total emissions. The company has not specified any formal climate pledges or reduction targets, suggesting a need for further commitment to climate action in line with industry standards.
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 |
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.