Tourism Finance Corporation of India Limited Sustainability Profile
Tourism Finance Corporation of India Limited (TFCI) is a premier financial institution headquartered in India, specialising in the tourism and hospitality sector. Established in 1989, TFCI has played a pivotal role in promoting sustainable tourism development across the country, with a focus on key operational regions such as Himachal Pradesh, Uttarakhand, and Rajasthan. TFCI offers a range of financial products and services, including project financing, equity participation, and advisory services tailored specifically for tourism-related projects. What sets TFCI apart is its deep understanding of the tourism industry, enabling it to provide customised financial solutions that foster growth and innovation. With a strong market position, TFCI has been instrumental in financing numerous landmark projects, contributing significantly to India's tourism infrastructure and economic development.
DitchCarbon Score
How does Tourism Finance Corporation of India 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
Tourism Finance Corporation of India Limited's score of 14 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tourism Finance Corporation of India Limited's reported carbon emissions
Tourism Finance Corporation of India Limited (TFCI) currently does not report any carbon emissions data, as there are no available figures for kg CO2e emissions. Additionally, TFCI has not established any specific reduction targets or climate pledges, indicating a lack of formal commitments towards carbon neutrality or emissions reduction initiatives. As of now, TFCI does not inherit emissions data from any parent or related organizations, and there are no cascading targets from initiatives such as the Science Based Targets initiative (SBTi) or others. This absence of data and commitments places TFCI in a context where it may need to enhance its focus on climate action and sustainability to align with industry standards and expectations.
How Carbon Intensive is Tourism Finance Corporation of India Limited's Industry?
How Carbon Intensive is Tourism Finance Corporation of India Limited's Location?
Tourism Finance Corporation of India 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.
Tourism Finance Corporation of India 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.
