✨ Unlock Data Exports And Disclosure Access.Start Your 30-Day Free Trial Today →

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)2025202420232022-2019
Total Scope 1
8,966.2a
6,057a
14,843b
Total Scope 2
Unspecified Calculation Method
49,490.8a
42,089a
36,793b
Total Scope 3
35,337.57a
28,753a
18,747b
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.6321a
0.5057a
1.6502b
Usage Policy

You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"

Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.

Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
Download granular datasets (CSV/XLS)
Access underlying corporate disclosures (PDF)
Trace all values back to their original sources
Formats Included
Excel
CSV
Json
All data fully traceable to original sources
Used by 1,000+ teams in finance, climate, and research
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=BAJAJFINSV&reporting_period=2025"

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.

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

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.ac

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 energya

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 chaina

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.ac

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

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

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

52005,000100,0005,000,000Scope 1 Emissions (tCO2e)502001,00010,00050,000Revenues (Millions of USD)Old MutualYear: 2025Scope 1: 3,406 tCO2eRevenue: $M 16,542Scope 1 Intensity: 0.21 tCO2e/$MAlexforbesYear: 2026Scope 1: 11 tCO2eRevenue: $M 368Scope 1 Intensity: 0.03 tCO2e/$MGeorgia CapitalYear: 2024Scope 1: 70 tCO2eRevenue: $M 137Scope 1 Intensity: 0.51 tCO2e/$MAMPYear: 2024Scope 1: 26 tCO2eRevenue: $M 531Scope 1 Intensity: 0.05 tCO2e/$MMinmetals CapitalYear: 2023Scope 1: 32 tCO2eRevenue: $M 1,330Scope 1 Intensity: 0.02 tCO2e/$MMandatumYear: 2024Scope 1: 20 tCO2eRevenue: $M 631Scope 1 Intensity: 0.03 tCO2e/$MBicecorpYear: 2024Scope 1: 139 tCO2eRevenue: $M 2,284Scope 1 Intensity: 0.06 tCO2e/$MFirst Capital SecuritiesYear: 2023Scope 1: 177 tCO2eRevenue: $M 350Scope 1 Intensity: 0.50 tCO2e/$MYuexiu CapitalYear: 2023Scope 1: 41 tCO2eRevenue: $M 2,078Scope 1 Intensity: 0.02 tCO2e/$MStorebrand ASAYear: 2024Scope 1: 8 tCO2eRevenue: $M 8,000Scope 1 Intensity: 0.00 tCO2e/$MFreedom HoldingYear: 2024Scope 1: 1,541 tCO2eRevenue: $M 1,635Scope 1 Intensity: 0.94 tCO2e/$MSBI Life InsuranceYear: 2025Scope 1: 4,109 tCO2eRevenue: $M 13,686Scope 1 Intensity: 0.30 tCO2e/$MKotak Mahindra BankYear: 2025Scope 1: 15,508 tCO2eRevenue: $M 8,929Scope 1 Intensity: 1.74 tCO2e/$MGuosen SecuritiesYear: 2024Scope 1: 849 tCO2eRevenue: $M 2,719Scope 1 Intensity: 0.31 tCO2e/$MCNPC CapitalYear: 2024Scope 1: 671 tCO2eRevenue: $M 5,349Scope 1 Intensity: 0.13 tCO2e/$MChina Galaxy SecuritiesYear: 2024Scope 1: 658 tCO2eRevenue: $M 3,114Scope 1 Intensity: 0.21 tCO2e/$MYuanta Financial HoldingYear: 2024Scope 1: 1,125 tCO2eRevenue: $M 3,686Scope 1 Intensity: 0.31 tCO2e/$MSBI HoldingsYear: 2024Scope 1: 1,071 tCO2eRevenue: $M 7,993Scope 1 Intensity: 0.13 tCO2e/$MVoya FinancialYear: 2023Scope 1: 1,359 tCO2eRevenue: $M 7,213Scope 1 Intensity: 0.19 tCO2e/$MORIXYear: 2025Scope 1: 942,714 tCO2eRevenue: $M 12,198Scope 1 Intensity: 77.28 tCO2e/$MPiramal EnterprisesYear: 2025Scope 1: 92 tCO2eRevenue: $M 1,107Scope 1 Intensity: 0.08 tCO2e/$MAditya Birla CapitalYear: 2025Scope 1: 40 tCO2eRevenue: $M 4,552Scope 1 Intensity: 0.01 tCO2e/$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 0.16, 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 20 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

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

Want Full Access to Bajaj Finserv's GHG Emissions Dataset?
Start 30-Day Free Trial