Vakrangee Sustainability Profile
Vakrangee Limited, headquartered in India, is a prominent player in the technology and services sector, specialising in providing a range of digital solutions. Founded in 1990, the company has established itself as a leader in the financial inclusion space, particularly through its extensive network of Vakrangee Kendras across urban and rural regions. The company focuses on delivering essential services such as banking, insurance, and e-governance, making them accessible to underserved populations. Notably, Vakrangee has achieved significant milestones, including partnerships with major banks and government initiatives, enhancing its market position. With a commitment to innovation and customer-centric solutions, Vakrangee continues to drive digital transformation in India, solidifying its reputation as a trusted service provider in the industry.
DitchCarbon Score
How does Vakrangee'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 Computer 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
Vakrangee's score of 44 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Vakrangee's reported carbon emissions
In 2024, Vakrangee reported total carbon emissions of approximately 28,590 kg CO2e, comprising 8,090 kg CO2e from Scope 1 and 20,500 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2023, where emissions were about 56,080 kg CO2e, with Scope 1 at 26,700 kg CO2e and Scope 2 at 29,380 kg CO2e. In 2021, the company reported a total of 1,344,506 kg CO2e, which included 30,903 kg CO2e from Scope 1, 291,589 kg CO2e from Scope 2, and a substantial 1,022,013 kg CO2e from Scope 3 emissions. This indicates a notable shift in their emissions profile over the years, particularly in reducing Scope 1 and Scope 2 emissions. Vakrangee has committed to achieving net-zero emissions by 2050, with targets set through the Science Based Targets initiative (SBTi). The company is classified as a member of the BA1.5 group, indicating its commitment to limiting global warming to 1.5 degrees Celsius. Overall, Vakrangee's climate commitments reflect a proactive approach to reducing its carbon footprint, with a clear trajectory towards sustainability in the software and services sector.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 21,540 | 00,000 | 00,000 | 0,000 |
| Scope 2 | 113,290 | 00,000 | 00,000 | 00,000 |
| Scope 3 | - | - | - | - |
How Carbon Intensive is Vakrangee's Industry?
How Carbon Intensive is Vakrangee's Location?
Vakrangee'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.
Vakrangee has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
