Sonata Finance Private Limited, a prominent player in the financial services sector, is headquartered in India and operates extensively across various regions. Founded in 1994, the company has established itself as a leader in providing innovative financial solutions, including asset management, investment advisory, and wealth management services. With a commitment to excellence, Sonata Finance distinguishes itself through its customer-centric approach and tailored financial products designed to meet diverse client needs. The firm has achieved significant milestones, including recognition for its robust portfolio management strategies and a strong market presence. As a trusted name in the industry, Sonata Finance continues to enhance its offerings, ensuring clients receive unparalleled service and expertise in navigating the complexities of finance.
How does Sonata Finance Private 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.
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.
Sonata Finance Private Limited's score of 42 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Sonata Finance Private Limited, headquartered in India, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Kotak Mahindra Bank Limited, which may influence its climate commitments and reporting practices. While Sonata Finance has not established its own reduction targets or climate pledges, it is important to note that it inherits certain sustainability initiatives from its parent company. Kotak Mahindra Bank Limited, as the source organization, may have its own emissions data and climate strategies that could impact Sonata Finance's environmental performance. As of now, Sonata Finance has not publicly committed to any specific science-based targets or reduction initiatives. The lack of reported emissions data suggests that the company may still be in the early stages of developing its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 56,820 | - | - | - | - | 00,000 | 00,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 14,003,280 | - | - | - | - | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - | 0,000,000 | - | - | 00,000,000 | 00,000,000 |
Sonata Finance Private Limited's Scope 3 emissions, which increased by 39% last year and increased by approximately 718% since 2019, demonstrating supply chain emissions tracking. A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 45% of total emissions under the GHG Protocol, with "Capital Goods" being the largest emissions source at 53% of Scope 3 emissions.
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.
Sonata Finance Private Limited 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.