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NG
updated 8 months ago

Shell Thrift & Loan Fund Trustees Nig Ltd Sustainability Profile

Company website

Shell Thrift & Loan Fund Trustees Nig Ltd, commonly referred to as Shell Thrift, is a prominent financial institution headquartered in Nigeria (NG). Established in the early 2000s, the company has made significant strides in the microfinance sector, primarily serving the needs of individuals and small businesses across various regions in Nigeria. Specialising in thrift savings and loan services, Shell Thrift distinguishes itself through its commitment to financial inclusion and customer-centric solutions. The company offers a range of products, including personal loans, savings accounts, and investment opportunities, tailored to empower clients in achieving their financial goals. With a strong market presence, Shell Thrift has garnered a reputation for reliability and innovation, contributing to its status as a trusted partner in the Nigerian financial landscape. Its dedication to fostering economic growth and community development underscores its pivotal role in the industry.

DitchCarbon Score

How does Shell Thrift & Loan Fund Trustees Nig Ltd'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.

38

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Shell Thrift & Loan Fund Trustees Nig Ltd's score of 38 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Shell Thrift & Loan Fund Trustees Nig Ltd's reported carbon emissions

Inherited from Shell plc

Shell Thrift & Loan Fund Trustees Nig Ltd, headquartered in Nigeria (NG), currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Shell plc, and as such, it may inherit emissions data and climate commitments from its parent organisation. As of now, there are no documented reduction targets or climate pledges specific to Shell Thrift & Loan Fund Trustees Nig Ltd. However, emissions data and performance metrics may be cascaded from Shell plc, which is known for its commitment to sustainability and climate action. This includes initiatives under the Carbon Disclosure Project (CDP) and Climate Action 100+ (CA100), both of which are significant in the industry for promoting transparency and accountability in emissions reporting. While specific figures are not available, the absence of emissions data and reduction targets indicates that Shell Thrift & Loan Fund Trustees Nig Ltd is still in the process of establishing its own climate commitments, potentially aligning with the broader goals set by its parent company.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

19992000200120022003200420052006200720082009201020112012201320142015201620172018201920202021202220232024
Scope 1
87,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
000,000,000,000
000,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
-
00,000,000,000
00,000,000,000
-
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
00,000,000,000
-
-
00,000,000,000
Scope 2
-
-
-
-
-
-
-
-
-
-
0,000,000,000
0,000,000,000
00,000,000,000
0,000,000,000
-
00,000,000,000
-
-
00,000,000,000
00,000,000,000
00,000,000,000
0,000,000,000
0,000,000,000
-
-
0,000,000,000
Scope 3
-
-
-
-
-
-
-
-
-
-
0,000,000,000
000,000,000,000
000,000,000,000
000,000,000,000
-
000,000,000,000
-
0,000,000,000,000
-
-
0,000,000,000,000
0,000,000,000,000
0,000,000,000,000
0,000,000,000,000
0,000,000,000,000
0,000,000,000,000

How Carbon Intensive is Shell Thrift & Loan Fund Trustees Nig Ltd's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shell Thrift & Loan Fund Trustees Nig Ltd's primary industry is , which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Shell Thrift & Loan Fund Trustees Nig Ltd's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shell Thrift & Loan Fund Trustees Nig Ltd is in NG, which has a low grid carbon intensity relative to other regions.

Shell Thrift & Loan Fund Trustees Nig Ltd's Scope 3 Categories Breakdown

Shell Thrift & Loan Fund Trustees Nig Ltd's Scope 3 emissions, which decreased by 3% last year and increased significantly since 2009, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 78% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
78%
Purchased Goods and Services
11%
Fuel and Energy Related Activities
11%
Downstream Transportation & Distribution
<1%

Shell Thrift & Loan Fund Trustees Nig Ltd's Climate Goals (2030 & 2050)

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.

Shell Thrift & Loan Fund Trustees Nig Ltd 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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