CARE Ratings Ltd

Common Name
CARE Ratings
Country
India
Sector
Financial Services
Industry
Financial Data & Stock Exchanges
Employees
598
Ticker
CARERATING
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Care Ratings Ltd. is a prominent credit rating agency headquartered in India. The primary function of Care Ratings is to assess the creditworthiness of businesses and financial instruments, providing ...

CARE Ratings's GHG Emissions Data Preview

In 2023, CARE Ratings 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), and Scope 2 (indirect emissions from purchased energy).

However, CARE Ratings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into CARE Ratings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of CARE Ratings amounted to 1,187.59 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).

Compared to 2022, the total operational greenhouse gas (GHG) emissions of CARE Ratings increased by 53.79%, suggesting that the company faced challenges in reducing its emissions from its core operations.

CARE Ratings's Scope 1 Emissions Over Time

2022202302468tCO2e+62%
  • Total Scope 1
  • Year-over-Year Change

What are CARE Ratings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of CARE Ratings were 6.48 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), CARE Ratings's Scope 1 emissions increased by 62%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are CARE Ratings's Scope 2 emissions?

In 2023, CARE Ratings reported Scope 2 greenhouse gas (GHG) emissions of 1,181.11 tCOâ‚‚e without specifying the calculation method.

Has CARE Ratings reduced its Scope 2 emissions over time?

Compared to the previous year (2022), CARE Ratings's Scope 2 emissions (Unspecified Calculation Method) rose by 53.74% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does CARE Ratings use for Scope 2 reporting?

In 2023, CARE Ratings reported its Scope 2 emissions using an unspecified methodology.

CARE Ratings's Scope 2 Emissions Over Time

2022202303006009001.2 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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