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SMFG India Credit Company Limited
SMFG India Credit Company Limited, commonly referred to as SMFG India, is a prominent player in the financial services sector, headquartered in India. Established in 2010, the company has rapidly expanded its operations across major regions, providing a diverse range of financial solutions tailored to meet the needs of both individuals and businesses. Specialising in personal loans, business financing, and asset management, SMFG India distinguishes itself through its customer-centric approach and innovative financial products. The company has achieved significant milestones, including recognition for its robust risk management practices and commitment to financial inclusion. With a strong market position, SMFG India continues to enhance its offerings, making it a trusted choice for clients seeking reliable credit solutions in a competitive landscape.
DitchCarbon Score
How does SMFG India Credit Company 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
SMFG India Credit Company Limited's score of 55 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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SMFG India Credit Company Limited currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. However, the company is a current subsidiary of Sumitomo Mitsui Financial Group, Inc., which may influence its climate commitments and performance metrics. As a subsidiary, SMFG India Credit Company Limited's climate initiatives and targets may be aligned with those of its parent company. Sumitomo Mitsui Financial Group, Inc. has established various sustainability initiatives, including participation in the Carbon Disclosure Project (CDP) at a cascade level of 1. This suggests that while specific emissions data for SMFG India Credit Company Limited is not available, it may inherit broader climate strategies and performance metrics from its parent organisation. Currently, there are no documented reduction targets or climate pledges specific to SMFG India Credit Company Limited. The absence of such commitments may reflect a need for further development in their sustainability strategy. As the company continues to operate within the financial sector, it is essential for it to establish clear climate commitments to align with industry standards and expectations.
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| 2013 | 2014 | 2015 | 2016 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 10,526,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 179,615,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 10,050,000 | - | - | - | 00,000,000 | 00,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
SMFG India Credit Company 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.
