SMB Finance PLC
SMB Finance PLC, headquartered in LK, is a prominent player in the financial services industry, specialising in providing innovative financing solutions for small and medium-sized businesses. Founded in [year], the company has established a strong presence across major operational regions, offering tailored financial products that cater to the unique needs of its clients. With a focus on business loans, asset financing, and cash flow management, SMB Finance PLC distinguishes itself through its customer-centric approach and flexible terms. The company has achieved significant milestones, positioning itself as a trusted partner for SMEs seeking to enhance their financial stability and growth potential. Recognised for its commitment to excellence, SMB Finance PLC continues to lead the market with its unique offerings and dedication to empowering businesses across LK and beyond.
DitchCarbon Score
How does SMB Finance 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
SMB Finance PLC's score of 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SMB Finance PLC's reported carbon emissions
In 2023, SMB Finance PLC reported total carbon emissions of approximately 1,030,000,000 kg CO2e, with emissions distributed across all three scopes. Specifically, Scope 1 emissions were about 130,805,907 kg CO2e, while Scope 2 emissions totalled approximately 119,530,650 kg CO2e. The most significant contributor to their carbon footprint was Scope 3 emissions, which reached about 775,505,794 kg CO2e. Within Scope 3, the largest categories included purchased goods and services at approximately 1,471,314,074 kg CO2e and employee commute emissions at about 263,662,640 kg CO2e. In 2022, the company reported total emissions of around 688,000,000 kg CO2e, indicating a rise in emissions in 2023. The breakdown for 2022 showed Scope 1 emissions at about 104,136,158 kg CO2e, Scope 2 at approximately 100,105,625 kg CO2e, and Scope 3 emissions at around 483,655,939 kg CO2e. Despite the increase in emissions, SMB Finance PLC has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further action in addressing their carbon footprint. The company operates within a global context where financial institutions are increasingly expected to adopt robust climate strategies and transparency in emissions reporting.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 104,136,158 | 000,000,000 |
| Scope 2 | 100,105,625 | 000,000,000 |
| Scope 3 | 483,655,939 | 000,000,000 |
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.
SMB Finance PLC 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.
