Spice Money Limited Sustainability Profile
Spice Money Limited, a prominent player in the fintech industry, is headquartered in India and operates extensively across various regions, focusing on rural and semi-urban markets. Founded in 2018, the company has rapidly established itself as a leader in digital financial services, offering a range of products including payment solutions, microloans, and insurance services tailored to meet the needs of underserved communities. What sets Spice Money apart is its unique agent-based model, empowering local entrepreneurs to facilitate financial transactions and services within their communities. This innovative approach not only enhances financial inclusion but also drives economic growth in these areas. With a commitment to transforming the financial landscape, Spice Money has achieved significant milestones, positioning itself as a trusted partner in the digital economy.
DitchCarbon Score
How does Spice Money 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 Retail Trade Services 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
Spice Money Limited's score of 24 is lower than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Spice Money Limited's reported carbon emissions
Spice Money 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 DiGiSPICE Technologies Limited, which may influence its climate-related initiatives and reporting. As of now, Spice Money Limited has not established any documented reduction targets or commitments to the Science Based Targets initiative (SBTi). The lack of specific climate pledges or reduction initiatives suggests that the company is still in the early stages of developing a comprehensive climate strategy. Given the context of its parent company, DiGiSPICE Technologies Limited, it is important to note that any climate commitments or emissions data may be inherited from this higher-level organization. However, specific details regarding emissions performance or reduction targets from DiGiSPICE Technologies Limited have not been provided. In summary, while Spice Money Limited is part of a corporate family that may have climate initiatives, it currently lacks publicly available emissions data and defined climate commitments.
How Carbon Intensive is Spice Money Limited's Industry?
How Carbon Intensive is Spice Money Limited's Location?
Spice Money Limited'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.
Spice Money 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.
