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Financial Intermediation
IN
updated 6 months ago

Ujjivan Financial Services Limited

Company website

Ujjivan Financial Services Limited, headquartered in India, is a prominent player in the microfinance and financial services sector. Founded in 2005, the company has made significant strides in empowering underserved communities across various regions, including urban and rural areas. Ujjivan is renowned for its innovative approach to providing microloans, savings products, and insurance services, catering primarily to low-income individuals and small businesses. With a commitment to financial inclusion, Ujjivan has established itself as a leader in the industry, achieving notable milestones such as transitioning to a Small Finance Bank in 2017. The company’s unique offerings, characterised by customer-centric solutions and a robust digital platform, have positioned it favourably in the competitive landscape of financial services in India.

DitchCarbon Score

How does Ujjivan Financial 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

Ujjivan Financial 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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Ujjivan Financial Services Limited's reported carbon emissions

Inherited from Ujjivan Small Finance Bank Limited

Ujjivan Financial Services Limited currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is identified as a merged entity, inheriting its climate-related data from Ujjivan Small Finance Bank Limited, which operates at a cascade level of 1. Despite the lack of specific emissions data, Ujjivan Financial Services Limited is committed to addressing climate change through various initiatives. However, there are no documented reduction targets or climate pledges available at this time. The absence of specific targets may reflect the broader context of the financial services industry, where many organisations are still developing comprehensive climate strategies. As Ujjivan Financial Services Limited continues to evolve, it may adopt more robust climate commitments and emissions reduction strategies in alignment with industry standards and expectations.

Unlock detailed emissions data

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

20202021202220232024
Scope 1
369,880
000,000
00,000,000
0,000,000
000,000
Scope 2
11,031,870
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Ujjivan Financial 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 Ujjivan Financial 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.

Ujjivan Financial 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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