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Bajaj Finance Ltd

Common Name
Bajaj Finance
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
64,092
Ticker
BAJFINANCE
Exchange
National Stock Exchange of India
Description
Bajaj Finance Ltd. is a prominent non-banking financial company (NBFC) in India, known for its diverse portfolio of financial services. Its primary function is to offer lending solutions, which encomp...

Bajaj Finance's GHG Emissions Data Preview

In 2025, Bajaj Finance completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Bajaj Finance has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
6,169.13a
4,784.59a
11,387.5b
Total Scope 2
Unspecified Calculation Method
35,483.1a
28,908.06a
21,951.46b
Total Scope 3
20,452.05a
15,292.23a
10,674.17b
Total Scope 1 Revenue Intensity (tCO2e/$M)
1.2444a
1.1624a
3.4669b
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Verified Sources Behind Bajaj Finance’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Bajaj Finance's Annual Report 2025
b. Bajaj Finance's Annual Report 2023

Insights into Bajaj Finance's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Bajaj Finance amounted to 41,652.23 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2024, the total operational greenhouse gas (GHG) emissions of Bajaj Finance increased by 23.62%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Bajaj Finance's Scope 1 Emissions Over Time

20232024202503 k6 k9 k12 ktCO2e-58%+29%
  • Total Scope 1
  • Year-over-Year Change

What are Bajaj Finance's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Bajaj Finance were 6,169.13 metric tons of CO₂ equivalent (tCO₂e).a

Has Bajaj Finance reduced its Scope 1 emissions over time?

Since 2023, Bajaj Finance's Scope 1 emissions have decreased by 45.83%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2024), Bajaj Finance's Scope 1 emissions increased by 28.94%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a

What are Bajaj Finance's Scope 2 emissions?

In 2025, Bajaj Finance reported Scope 2 greenhouse gas (GHG) emissions of 35,483.1 tCO₂e without specifying the calculation method.a

Has Bajaj Finance reduced its Scope 2 emissions over time?

Since 2023, Bajaj Finance's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 61.64%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2024), Bajaj Finance's Scope 2 emissions (Unspecified Calculation Method) rose by 22.74% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya

What methodology does Bajaj Finance use for Scope 2 reporting?

In 2025, Bajaj Finance reported its Scope 2 emissions using an unspecified methodology.a

Bajaj Finance's Scope 2 Emissions Over Time

20232024202509 k18 k27 k36 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bajaj Finance's Value Chain Emissions

In 2025, Bajaj Finance reported 20,452.05 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Bajaj Finance includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2024, reflecting improved emissions accounting practices and greater transparency across the company's value chaina

Bajaj Finance's Scope 3 Emissions Over Time

20232024202505.5 k11 k16.5 k22 ktCO2e+43%+34%
  • Total Scope 3
  • Year-over-Year Change

What are Bajaj Finance's Scope 3 emissions?

In 2025, Bajaj Finance reported total Scope 3 emissions of 20,452.05 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Bajaj Finance reduced its Scope 3 emissions over time?

Since 2023, Bajaj Finance's Scope 3 emissions have increased by 91.6%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2024), Bajaj Finance's Scope 3 emissions increased by 33.74%, suggesting that the company faced challenges in reducing emissions across its value chain.a

What categories of Scope 3 emissions does Bajaj Finance disclose?

In 2025, Bajaj Finance reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Bajaj Finance's Scope 3 emissions?

In 2025, the largest contributors to Bajaj Finance's Scope 3 emissions were:a

  • Business Travel (Cat. 6): 12,893.18 tCO₂e (63.04%)
  • Fuel- and Energy-Related Services (Cat. 3): 6,238.41 tCO₂e (30.5%)
  • Purchased Goods and Services (Cat. 1): 1,319.65 tCO₂e (6.45%)

Bajaj Finance's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(63.0%)Fuel- andEnergy-RelatedServices (Cat. 3)(30.5%)Purchased Goods andServices (Cat. 1)(6.5%)

Insights into Bajaj Finance’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Bajaj Finance reported Scope 1 greenhouse gas (GHG) emissions of 6,169.13 tCO₂e and total revenues of USD 4,958 millions. This translates into an emissions intensity of 1.24 tCO₂e per millions USD.a

Bajaj Finance's Scope 1 Emissions Intensity Compared to Peers

205005,000200,000Scope 1 Emissions (tCO2e)1005001,0005,00010,000Revenues (Millions of USD)Lufax HoldingYear: 2024Scope 1: 112 tCO2eRevenue: $M 2,631Scope 1 Intensity: 0.04 tCO2e/$MQfin HoldingsYear: 2024Scope 1: 17 tCO2eRevenue: $M 1,927Scope 1 Intensity: 0.01 tCO2e/$MAeon Financial ServiceYear: 2024Scope 1: 2,642 tCO2eRevenue: $M 2,781Scope 1 Intensity: 0.95 tCO2e/$MWestern UnionYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,357Scope 1 Intensity: 0.95 tCO2e/$MBread Financial HoldingsYear: 2024Scope 1: 933 tCO2eRevenue: $M 3,838Scope 1 Intensity: 0.24 tCO2e/$MCredit SaisonYear: 2024Scope 1: 822 tCO2eRevenue: $M 2,775Scope 1 Intensity: 0.30 tCO2e/$MFar East HorizonYear: 2024Scope 1: 51,912 tCO2eRevenue: $M 5,172Scope 1 Intensity: 10.04 tCO2e/$MEdenredYear: 2024Scope 1: 6,649 tCO2eRevenue: $M 2,972Scope 1 Intensity: 2.24 tCO2e/$MSoFi TechnologiesYear: 2024Scope 1: 293 tCO2eRevenue: $M 2,613Scope 1 Intensity: 0.11 tCO2e/$MPoonawalla FincorpYear: 2025Scope 1: 347 tCO2eRevenue: $M 490Scope 1 Intensity: 0.71 tCO2e/$MMahindra FinanceYear: 2025Scope 1: 4,022 tCO2eRevenue: $M 2,161Scope 1 Intensity: 1.86 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 785Scope 1 Intensity: 0.03 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MSundaram FinanceYear: 2025Scope 1: 2,388 tCO2eRevenue: $M 491Scope 1 Intensity: 4.86 tCO2e/$MSBI CardYear: 2025Scope 1: 198 tCO2eRevenue: $M 1,736Scope 1 Intensity: 0.11 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,864Scope 1 Intensity: 0.21 tCO2e/$MIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MMuthoot FinanceYear: 2025Scope 1: 129 tCO2eRevenue: $M 1,504Scope 1 Intensity: 0.09 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,599Scope 1 Intensity: 0.22 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,672Scope 1 Intensity: 1.59 tCO2e/$MCholamandalam Financial HoldingsYear: 2025Scope 1: 621 tCO2eRevenue: $M 4,096Scope 1 Intensity: 0.15 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,565Scope 1 Intensity: 0.12 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$MBajaj FinanceYear: 2025Scope 1: 6,169 tCO2eRevenue: $M 4,958Scope 1 Intensity: 1.24 tCO2e/$M

How does Bajaj Finance's GHG emissions intensity compare to its peers?

In 2025, Bajaj Finance reported a Scope 1 emissions intensity of 1.24 tCO₂e per millions USD. Compared to the peer group median of 0.21, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Bajaj Finance rank on GHG emissions intensity within its industry?

In 2025, Bajaj Finance ranked 19 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Bajaj Finance among the least efficient performers, with one of the highest emissions intensities in its sector.a

Insights into Bajaj Finance's Total Carbon Footprint

In 2025, Bajaj Finance reported a total carbon footprint of 62,104.28 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 26.78% increase compared to 2024, suggesting a rise in emissions across its operations or value chain.a

The largest contributor to Bajaj Finance's total carbon footprint was Scope 2 emissions, accounting for 57.13% of the company's total carbon footprint, followed by Scope 3 emissions at 32.93%.a

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