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 56% 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 substantial emissions, SAMCO has not disclosed 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, SAMCO's emissions profile highlights the significant impact of Scope 3 emissions, which constitute the majority of their carbon footprint. The company is positioned within a broader industry context that increasingly prioritises climate action, yet specific commitments or targets remain unspecified.
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 participating in any of the initiatives that 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.