Bajaj Finserv Ltd

Common Name
Bajaj Finserv
Country
India
Sector
Financial Services
Industry
Financial Conglomerates
Employees
104,668
Ticker
BAJAJFINSV
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Bajaj Finserv Ltd. is a prominent Indian financial services company that specializes in lending, insurance, and wealth management. Established as part of the Bajaj Group, it plays a pivotal role in th...

Bajaj Finserv's GHG Emissions Data Preview

In 2025, Bajaj Finserv 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 Finserv 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 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Bajaj Finserv’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. Explore Bajaj Finserv’s data sources below and access millions more through our Disclosure Search.

a. Bajaj Finserv's Annual Report 2025
a. Bajaj Finserv's Annual Report 2025
b. Bajaj Finserv's Responsibility Report 2024
b. Bajaj Finserv's Responsibility Report 2024
c. Bajaj Finserv's Responsibility Report 2022
c. Bajaj Finserv's Responsibility Report 2022

Insights into Bajaj Finserv's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Bajaj Finserv amounted to 58,457 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 Finserv increased by 21.42%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Bajaj Finserv's Scope 1 Emissions Over Time

2021202220232024202504 k8 k12 k16 ktCO2e+21%+18%-59%+48%
  • Total Scope 1
  • Year-over-Year Change

What are Bajaj Finserv's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Bajaj Finserv were 8,966.2 metric tons of CO₂ equivalent (tCO₂e). a

Has Bajaj Finserv reduced its Scope 1 emissions over time?

Since 2021, Bajaj Finserv's Scope 1 emissions have decreased by 13.68%, reflecting a declining long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2024), Bajaj Finserv's Scope 1 emissions increased by 48.03%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Bajaj Finserv's Scope 2 emissions?

In 2025, Bajaj Finserv reported Scope 2 greenhouse gas (GHG) emissions of 49,490.8 tCO₂e without specifying the calculation method. a

Has Bajaj Finserv reduced its Scope 2 emissions over time?

Since 2021, Bajaj Finserv's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 101.65%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2024), Bajaj Finserv's Scope 2 emissions (Unspecified Calculation Method) rose by 17.59% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Bajaj Finserv use for Scope 2 reporting?

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

Bajaj Finserv's Scope 2 Emissions Over Time

20212022202320242025015 k30 k45 k60 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Bajaj Finserv's Value Chain Emissions

In 2025, Bajaj Finserv reported 35,337.57 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 Finserv 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 chain a

Bajaj Finserv's Scope 3 Emissions Over Time

2021202220232024202509 k18 k27 k36 ktCO2e+167%+89%+53%+23%
  • Total Scope 3
  • Year-over-Year Change

What are Bajaj Finserv's Scope 3 emissions?

In 2025, Bajaj Finserv reported total Scope 3 emissions of 35,337.57 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 Finserv reduced its Scope 3 emissions over time?

Since 2021, Bajaj Finserv's Scope 3 emissions have increased by 850.63%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2024), Bajaj Finserv's Scope 3 emissions increased by 22.9%, suggesting that the company faced challenges in reducing emissions across its value chain. a

What categories of Scope 3 emissions does Bajaj Finserv disclose?

In 2025, Bajaj Finserv 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 Finserv's Scope 3 emissions?

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

  • Business Travel (Cat. 6): 23,110.3 tCO₂e (65.4%)
  • Fuel- and Energy-Related Services (Cat. 3): 8,642.18 tCO₂e (24.46%)
  • Purchased Goods and Services (Cat. 1): 3,583.92 tCO₂e (10.14%)

Bajaj Finserv's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(10.1%)Fuel- andEnergy-RelatedServices (Cat. 3)(24.5%)Business Travel(Cat. 6)(65.4%)

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

In 2025, Bajaj Finserv reported Scope 1 greenhouse gas (GHG) emissions of 8,966.2 tCO₂e and total revenues of USD 14,185 millions. This translates into an emissions intensity of 0.63 tCO₂e per millions USD. a

Bajaj Finserv's Scope 1 Emissions Intensity Compared to Peers

0.02201,00050,000Scope 1 Emissions (tCO2e)502001,0005,00050,000Revenues (Millions of USD)Canara BankYear: 2025Scope 1: 17,263 tCO2eRevenue: $M 8,318Scope 1 Intensity: 2.08 tCO2e/$MHDFC Life InsuranceYear: 2025Scope 1: 227 tCO2eRevenue: $M 10,553Scope 1 Intensity: 0.02 tCO2e/$MUnion Bank of IndiaYear: 2025Scope 1: 11,166 tCO2eRevenue: $M 6,945Scope 1 Intensity: 1.61 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$MPiramal EnterprisesYear: 2025Scope 1: 92 tCO2eRevenue: $M 1,107Scope 1 Intensity: 0.08 tCO2e/$MBank of BarodaYear: 2025Scope 1: 1,807 tCO2eRevenue: $M 8,154Scope 1 Intensity: 0.22 tCO2e/$MPunjab National BankYear: 2025Scope 1: 10,621 tCO2eRevenue: $M 6,994Scope 1 Intensity: 1.52 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,597Scope 1 Intensity: 1.63 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,570Scope 1 Intensity: 0.23 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MDCB BankYear: 2023Scope 1: 454 tCO2eRevenue: $M 259Scope 1 Intensity: 1.75 tCO2e/$MStar HealthYear: 2024Scope 1: 0 tCO2eRevenue: $M 1,600Scope 1 Intensity: 0.00 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 5,077Scope 1 Intensity: 0.01 tCO2e/$MKarnataka BankYear: 2024Scope 1: 17 tCO2eRevenue: $M 556Scope 1 Intensity: 0.03 tCO2e/$MBajaj Housing FinanceYear: 2025Scope 1: 206 tCO2eRevenue: $M 1,074Scope 1 Intensity: 0.19 tCO2e/$MNippon Life India AMCYear: 2025Scope 1: 72 tCO2eRevenue: $M 261Scope 1 Intensity: 0.28 tCO2e/$MCDSLYear: 2025Scope 1: 5 tCO2eRevenue: $M 127Scope 1 Intensity: 0.04 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MPNB Housing FinanceYear: 2025Scope 1: 7 tCO2eRevenue: $M 347Scope 1 Intensity: 0.02 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MUCO BankYear: 2025Scope 1: 890 tCO2eRevenue: $M 1,643Scope 1 Intensity: 0.54 tCO2e/$MBajaj FinservYear: 2025Scope 1: 8,966 tCO2eRevenue: $M 14,185Scope 1 Intensity: 0.63 tCO2e/$M

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

In 2025, Bajaj Finserv reported a Scope 1 emissions intensity of 0.63 tCO₂e per millions USD. Compared to the peer group median of 0.23 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

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

In 2025, Bajaj Finserv ranked 17 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Bajaj Finserv is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Bajaj Finserv's Total Carbon Footprint

In 2025, Bajaj Finserv reported a total carbon footprint of 93,794.57 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 21.97% increase compared to 2024, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Bajaj Finserv's total carbon footprint was Scope 2 emissions, accounting for 52.77% of the company's total carbon footprint, followed by Scope 3 emissions at 37.68%. a

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