Satin Creditcare Network Limited
Satin Creditcare Network Limited, commonly referred to as Satin, is a prominent player in the microfinance sector, headquartered in India. Established in 1990, the company has made significant strides in providing financial services to underserved populations, primarily in northern and eastern regions of the country. Satin focuses on microfinance, offering a range of products including group loans, individual loans, and insurance services tailored to meet the needs of low-income households. What sets Satin apart is its commitment to financial inclusion and empowerment, enabling clients to improve their livelihoods. With a strong market presence, Satin has achieved notable milestones, including a robust client base and a reputation for responsible lending practices. As a leader in the microfinance industry, Satin Creditcare Network Limited continues to drive positive change in the communities it serves.
DitchCarbon Score
How does Satin Creditcare Network Limited'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.
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.
Industry Benchmark
Satin Creditcare Network Limited's score of 19 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Satin Creditcare Network Limited's reported carbon emissions
In 2024, Satin Creditcare Network Limited reported total carbon emissions of approximately 6,000,000 kg CO2e. This figure includes 225,120 kg CO2e from Scope 1 emissions, which are direct emissions from owned or controlled sources, and 3,036,860 kg CO2e from Scope 2 emissions, representing indirect emissions from the generation of purchased electricity, steam, heating, and cooling. Additionally, the company reported Scope 3 emissions of about 4,591,030 kg CO2e, which encompass all other indirect emissions in the value chain, including purchased goods and services. Currently, Satin Creditcare Network Limited has not established specific reduction targets or climate pledges. The absence of documented reduction initiatives suggests that the company may be in the early stages of developing a comprehensive climate strategy. As the financial services sector increasingly prioritises sustainability, it will be essential for Satin Creditcare to consider setting measurable targets to align with industry standards and enhance its climate commitments.
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| 2024 | |
|---|---|
| Scope 1 | 225,120 |
| Scope 2 | 3,036,860 |
| Scope 3 | 4,591,030 |
Industry emissions intensity
Location emissions 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.
Satin Creditcare Network Limited 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.
