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Financial Intermediation
IN
updated 6 months ago

TVS Credit Services Limited

Company website

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.

35

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.

28

Industry Benchmark

TVS Credit Services Limited's score of 35 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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TVS Credit Services Limited's reported carbon emissions

Inherited from TVS Motor Company Limited

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.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

202220232024
Scope 1
19,046,000
00,000,000
00,000,000
Scope 2
9,584,320
0,000,000
0,000,000
Scope 3
-
00,000,000,000
00,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. TVS Credit Services Limited's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for TVS Credit Services Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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.

TVS Credit Services 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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