Is Iiflhomeloans doing their part?
Their DitchCarbon score is 51
IIFL Home Loans has a DitchCarbon Score of 51 out of 100, indicating a moderate level of sustainability in their operations. This score reflects the company’s carbon intensity, suggesting there is room for improvement in reducing emissions. A higher score would demonstrate a stronger commitment to lowering carbon intensity and enhancing environmental sustainability.
This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.
Industry emissions intensity
Very low
Low
Medium
High
Very high
IIFL Home Loans operates within the finance sector, which has a very low carbon intensity ranking. Some industries are more damaging than others; this ranking gives you an indication of how carbon intensive the industry is which this company operates in.
Location emissions intensity
Very low
Low
Medium
High
Very high
Iiflhomeloans is located in India, a region with a very high carbon intensity rating. This suggests that the company’s operations may be influenced by the country’s high carbon emissions, potentially impacting its sustainability efforts.
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– Historical Scope 1, 2 and 3 emissions
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Unlock 30+ emissions data points on Iiflhomeloans
Get the emissions intelligence you need, no surveys required.
– Historical Scope 1, 2 and 3 emissions
– Coverage of all industries, product level data
– Emissions forecasting, assurances
0.17%
...this company is doing 0.17% better in emissions than the industry average.
IIFL Home Loans, a key player in the Indian finance sector, specializes in providing online housing finance solutions. Founded in India, the company offers customers the opportunity to apply for home loans at competitive interest rates, coupled with low processing fees and simplified documentation. Their diverse range of home loan products caters to a wide array of customer needs, making the process of financing a home more accessible and convenient.
emission intelligence's platform recommendations for Iiflhomeloans
IIFL Home Loans should set definitive and attainable goals for reducing emissions by transitioning to renewable energy sources for all purchased electricity, heat, steam, and cooling, which could potentially lower their emissions by 30%.
Bad news, IIFL Home Loans hasn't committed to SBTi goals yet.
IIFL Home Loans has not yet established specific commitments with the Science Based Targets initiative (SBTi). This means the company has not publicly outlined or committed to concrete targets for reducing greenhouse gas emissions in line with climate science.
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Our methodology
Read about our emission calculation methodologies, and what the DitchCarbon Score means.
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