5paisa Capital Ltd, commonly known as 5paisa, is a prominent financial services company headquartered in Mumbai, India. Founded in 2015, it has rapidly established itself in the fintech industry, offering a range of services including stock broking, mutual funds, and insurance. With a focus on empowering retail investors, 5paisa provides a user-friendly platform that combines advanced technology with low-cost trading solutions. The company has achieved significant milestones, such as becoming one of the first to offer a fully integrated digital platform for investment. Its core products, including a mobile trading app and research tools, are designed to enhance the investment experience. Recognised for its innovative approach, 5paisa has positioned itself as a key player in the Indian market, catering to the evolving needs of investors across the country.
How does 5paisa'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.
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.
5paisa's score of 24 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, 5paisa reported total carbon emissions of approximately 1,418,003 kg CO2e, all of which were classified under Scope 2 emissions, indicating indirect emissions from purchased electricity. This represents an increase from 2023, where emissions were about 1,356,003 kg CO2e, also solely from Scope 2. In 2022, the company recorded emissions of approximately 1,272,190 kg CO2e, again entirely from Scope 2. 5paisa has not disclosed any Scope 1 or Scope 3 emissions, suggesting a focus on managing its energy consumption and associated emissions. Despite the absence of specific reduction targets or initiatives, the company is actively monitoring its emissions and has reported a consistent increase in revenue alongside its emissions data. The emissions intensity for Scope 1 and 2 combined was approximately 0.0345 kg CO2e per unit of revenue in 2023, indicating a need for further strategies to enhance sustainability. As of now, 5paisa has not committed to any formal climate pledges or reduction targets, which places it in a context where many companies are increasingly adopting ambitious climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | 1,272,190 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | - |
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.
5paisa 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.