TVS Credit Services Limited Sustainability Profile
TVS Credit Services Limited, headquartered in India, is a prominent player in the financial services industry, specialising in providing a range of financing solutions. Established in 2008, the company has made significant strides in the market, focusing on vehicle financing, personal loans, and business loans, catering primarily to the needs of customers in urban and semi-urban regions across India. With a commitment to customer-centric services, TVS Credit stands out for its quick loan disbursal processes and flexible repayment options. The company has achieved notable milestones, including a robust portfolio that reflects its strong market position. As a subsidiary of the TVS Group, TVS Credit Services Limited continues to enhance its offerings, ensuring accessibility and convenience for its diverse clientele.
DitchCarbon Score
How does TVS Credit Services 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
TVS Credit Services Limited's score of 35 is higher than 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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TVS Credit Services Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of TVS Motor Company Limited, which may influence its climate commitments and emissions reporting. As part of its corporate family, TVS Credit Services Limited inherits climate initiatives and targets from TVS Motor Company Limited, which operates at a higher cascade level. However, no specific reduction targets or achievements have been documented for TVS Credit Services Limited itself. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of formalising its climate strategy. In the context of the industry, it is essential for companies like TVS Credit Services Limited to establish clear carbon reduction commitments and track emissions to align with global climate goals. The lack of specific data highlights an opportunity for the company to enhance its sustainability efforts and contribute to broader environmental objectives.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 17,876,210 | 00,000,000 | 00,000,000 |
| Scope 2 | 11,835,340 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 00,000,000,000 |
How Carbon Intensive is TVS Credit Services Limited's Industry?
How Carbon Intensive is TVS Credit Services Limited's Location?
TVS Credit Services 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.
TVS Credit Services 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.
