Singer Finance (Lanka) PLC Sustainability Profile
Singer Finance (Lanka) PLC, headquartered in Sri Lanka, is a prominent player in the financial services industry, specialising in providing innovative financial solutions. Established in 2004, the company has made significant strides in the market, particularly in regions across the island, offering a range of services that include personal loans, leasing, and hire purchase options. What sets Singer Finance apart is its commitment to customer-centric solutions, tailored to meet the diverse needs of individuals and businesses alike. With a strong focus on transparency and reliability, the company has garnered a reputation for excellence in service delivery. As a subsidiary of the renowned Singer Group, it benefits from a legacy of trust and quality, positioning itself as a leader in the financial sector in Sri Lanka.
DitchCarbon Score
How does Singer Finance (Lanka) PLC'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
Singer Finance (Lanka) PLC's score of 20 is lower than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Singer Finance (Lanka) PLC's reported carbon emissions
Singer Finance (Lanka) PLC currently does not have available carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the company. This lack of data suggests that Singer Finance may not have established formal commitments to reduce its carbon footprint or engage in climate initiatives at this time. In the context of the finance industry, many organisations are increasingly focusing on sustainability and climate commitments, often setting science-based targets to align with global climate goals. However, without specific emissions data or reduction initiatives, it is unclear how Singer Finance (Lanka) PLC positions itself within this evolving landscape. As the company moves forward, it may benefit from developing a clear strategy for measuring and reducing its carbon emissions, thereby contributing to broader climate action efforts.
How Carbon Intensive is Singer Finance (Lanka) PLC's Industry?
How Carbon Intensive is Singer Finance (Lanka) PLC's Location?
Singer Finance (Lanka) PLC'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.
Singer Finance (Lanka) PLC 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.
