Public Profile

Bajaj Finserv

Bajaj Finserv Limited, headquartered in Pune, India, is a leading financial services company that has been shaping the industry since its inception in 2007. Operating primarily in the Indian market, Bajaj Finserv offers a diverse range of products, including personal loans, home loans, insurance, and investment solutions, catering to the evolving needs of consumers and businesses alike. Renowned for its customer-centric approach, Bajaj Finserv stands out with its innovative digital platforms that streamline the borrowing and investment processes. The company has achieved significant milestones, including a robust presence in the lending sector and recognition for its exceptional service quality. With a strong market position, Bajaj Finserv continues to empower millions of customers, making it a trusted name in the financial services landscape.

DitchCarbon Score

How does Bajaj Finserv'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.

34

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Bajaj Finserv's score of 34 is higher than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

84%

Bajaj Finserv's reported carbon emissions

In 2023, Bajaj Finserv reported total carbon emissions of approximately 70,383,480 kg CO2e. This figure includes 11,648,510 kg CO2e from Scope 1 emissions, 24,629,480 kg CO2e from Scope 2 emissions, and 13,140,860 kg CO2e from Scope 3 emissions. The total emissions for 2022 were about 32,757,460 kg CO2e, indicating a significant increase in emissions year-on-year. For 2024, the company has disclosed Scope 1 emissions of 6,057,000 kg CO2e, Scope 2 emissions of 42,089,000 kg CO2e, and Scope 3 emissions of 28,753,000 kg CO2e. This data suggests a continued focus on emissions tracking across all scopes, although specific reduction targets or initiatives have not been outlined. Bajaj Finserv has not set any documented reduction targets or climate pledges, which may reflect a broader industry context where many companies are still developing comprehensive climate strategies. The absence of specific targets highlights the need for enhanced commitments to reduce carbon footprints in line with global climate goals.

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Add to project
2021202220232024
Scope 1
6,804,980
0,000,000
00,000,000
0,000,000
Scope 2
17,401,060
00,000,000
00,000,000
00,000,000
Scope 3
2,466,710
0,000,000
00,000,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Bajaj Finserv's primary industry is , 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. Bajaj Finserv is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Bajaj Finserv is not committed to any reduction initiatives 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

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