Vakrangee
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 58 is higher than 97% 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 2023, Vakrangee reported total carbon emissions of approximately 726,350 kg CO2e, with emissions distributed across various scopes: 26,700 kg CO2e from Scope 1, 29,380 kg CO2e from Scope 2, and the majority, about 726,350 kg CO2e, from Scope 3. This represents a significant reduction from 2022, where total emissions were approximately 113,290 kg CO2e for Scope 2 and 21,540 kg CO2e for Scope 1, but Scope 3 data was not disclosed for that year. The company has committed to achieving net-zero emissions by 2050, with a long-term target encompassing all scopes of emissions. This commitment aligns with the Science Based Targets initiative (SBTi), indicating a structured approach to reducing their carbon footprint. In 2024, Vakrangee's emissions further decreased, with Scope 1 emissions at about 8,090 kg CO2e and Scope 2 at approximately 20,500 kg CO2e, showcasing their ongoing efforts to lower their environmental impact. Overall, Vakrangee's climate commitments reflect a proactive stance towards sustainability, aiming for substantial reductions in their carbon emissions in the coming decades.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 30,900 | 00,000 | 00,000 | 0,000 |
| Scope 2 | 291,580 | 000,000 | 00,000 | 00,000 |
| Scope 3 | 1,022,013.26 | - | 000,000 | - |
Industry emissions intensity
Location emissions intensity
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.
Vakrangee is participating in some 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.
