Public Profile

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.

50

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

Vakrangee's score of 50 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.

96%

Vakrangee's reported carbon emissions

In 2023, Vakrangee reported total carbon emissions of approximately 726,350 kg CO2e, with Scope 1 emissions at about 26,700 kg CO2e and Scope 2 emissions at around 29,380 kg CO2e. The company's emissions for 2022 were approximately 113,290 kg CO2e for Scope 2 and about 21,540 kg CO2e for Scope 1. In 2021, total emissions reached approximately 1,344,506 kg CO2e, with Scope 1 at about 30,900 kg CO2e, Scope 2 at around 291,580 kg CO2e, and Scope 3 emissions at approximately 1,022,013 kg CO2e. Vakrangee has committed to achieving net-zero emissions by 2050, encompassing all scopes of emissions. This long-term target aligns with their commitment to the Science Based Targets initiative (SBTi), which they joined in 2020. The company is actively working towards reducing its carbon footprint and has set a framework for future emissions reductions, although specific near-term reduction targets have been removed. Overall, Vakrangee's climate commitments reflect a proactive approach to sustainability, aiming to significantly lower their carbon emissions in the coming decades.

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Add to project
2021202220232024
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Vakrangee'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. Vakrangee 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.

Vakrangee is committed to some 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