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 70% of the industry. This can give you a sense of how well the company is doing compared to its peers.
SMB Finance PLC's reported carbon emissions
In 2023, SMB Finance PLC reported significant carbon emissions, totalling approximately 1,030,000,000 kg CO2e. This figure includes 130,805,907 kg CO2e from Scope 1 emissions, 119,530,650 kg CO2e from Scope 2 emissions, and a substantial 775,505,794 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (1,471,314,074 kg CO2e) and employee commuting (263,662,640 kg CO2e). In 2022, the company’s emissions were slightly lower, with total emissions of about 1,000,000,000 kg CO2e, comprising 104,136,158 kg CO2e from Scope 1, 100,105,625 kg CO2e from Scope 2, and 483,655,939 kg CO2e from Scope 3. Despite these high emissions figures, SMB Finance PLC has not publicly disclosed specific reduction targets or initiatives aimed at decreasing their carbon footprint. The absence of defined climate pledges or science-based targets indicates a potential area for improvement in their sustainability strategy. As a financial institution headquartered in LK, SMB Finance PLC is positioned to influence climate action within its sector, and establishing clear commitments could enhance its environmental responsibility.
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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 committed to any reduction initiatives 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.
