Cholamandalam Investment and Finance Company Ltd

Common Name
Chola
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
45,194
Ticker
CHOLAFIN
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Cholamandalam Investment and Finance Company Limited is a prominent non-banking financial company (NBFC) in India, specializing in a diverse range of financial services. The primary function of Cholam...

Chola's GHG Emissions Data Preview

In 2025, Chola 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).

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

Metric (tCO2e)2025202420232022 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Chola’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 Chola’s data sources below and access millions more through our Disclosure Search.

a. Chola's Annual Report 2025
a. Chola's Annual Report 2025
b. Chola's Annual Report 2024
b. Chola's Annual Report 2024
c. Chola's Annual Report 2023
c. Chola's Annual Report 2023

Insights into Chola's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Chola amounted to 17,280 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 Chola increased by 7.55%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Chola's Scope 1 Emissions Over Time

2022202320242025095190285380tCO2e-27%+94%-6%
  • Total Scope 1
  • Year-over-Year Change

What are Chola's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Chola were 356 metric tons of CO₂ equivalent (tCO₂e). a

Has Chola reduced its Scope 1 emissions over time?

Since 2022, Chola's Scope 1 emissions have increased by 33.33%, reflecting a rising long-term trend in Scope 1 emissions over time. a c

Compared to the previous year (2024), Chola's Scope 1 emissions decreased by 5.57%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Chola's Scope 2 emissions?

In 2025, Chola reported Scope 2 greenhouse gas (GHG) emissions of 16,924 tCO₂e without specifying the calculation method. a

Has Chola reduced its Scope 2 emissions over time?

Since 2022, Chola's Scope 2 greenhouse gas (GHG) emissions ( Unspecified Calculation Method) have increased by 75.21%, reflecting a rising long-term trend in Scope 2 emissions over time. a c

Compared to the previous year (2024), Chola's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Chola 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Chola use for Scope 2 reporting?

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

Chola's Scope 2 Emissions Over Time

202220232024202504.5 k9 k13.5 k18 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Chola's Value Chain Emissions

In 2025, Chola reported 33,680.62 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 Chola includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2024, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Chola's Scope 3 Emissions Over Time

202220232024202508.5 k17 k25.5 k34 ktCO2e+526%+63%+14%
  • Total Scope 3
  • Year-over-Year Change

What are Chola's Scope 3 emissions?

In 2025, Chola reported total Scope 3 emissions of 33,680.62 metric tons of CO₂ equivalent (tCO₂e). a

Has Chola reduced its Scope 3 emissions over time?

Since 2022, Chola's Scope 3 emissions have increased by 1,068.25%, reflecting a rising long-term trend in Scope 3 emissions over time. a c

Compared to the previous year (2024), Chola's Scope 3 emissions increased by 14.16%, suggesting that the company faced challenges in reducing emissions across its value chain. a

Insights into Chola’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Chola reported Scope 1 greenhouse gas (GHG) emissions of 356 tCO₂e and total revenues of USD 1,570 millions. This translates into an emissions intensity of 0.23 tCO₂e per millions USD. a

Chola's Scope 1 Emissions Intensity Compared to Peers

0.251002,00050,000Scope 1 Emissions (tCO2e)1002001,0002,00010,000Revenues (Millions of USD)PIMotilal Oswal Financial ServicesYear: 2024Scope 1: 3 tCO2eRevenue: $M 610Scope 1 Intensity: 0.01 tCO2e/$MCholamandalam Financial HoldingsYear: 2025Scope 1: 621 tCO2eRevenue: $M 4,077Scope 1 Intensity: 0.15 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$MSouth Indian BankYear: 2023Scope 1: 201 tCO2eRevenue: $M 482Scope 1 Intensity: 0.42 tCO2e/$MBajaj FinanceYear: 2025Scope 1: 6,169 tCO2eRevenue: $M 4,958Scope 1 Intensity: 1.24 tCO2e/$MHDFC Asset ManagementYear: 2024Scope 1: 267 tCO2eRevenue: $M 310Scope 1 Intensity: 0.86 tCO2e/$MAngel OneYear: 2025Scope 1: 25 tCO2eRevenue: $M 497Scope 1 Intensity: 0.05 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,550Scope 1 Intensity: 0.12 tCO2e/$MPiramal EnterprisesYear: 2025Scope 1: 92 tCO2eRevenue: $M 1,107Scope 1 Intensity: 0.08 tCO2e/$MSundaram FinanceYear: 2025Scope 1: 2,388 tCO2eRevenue: $M 493Scope 1 Intensity: 4.84 tCO2e/$MPoonawalla FincorpYear: 2025Scope 1: 347 tCO2eRevenue: $M 468Scope 1 Intensity: 0.74 tCO2e/$M360 One WamYear: 2025Scope 1: 0 tCO2eRevenue: $M 300Scope 1 Intensity: 0.00 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,132Scope 1 Intensity: 0.34 tCO2e/$MPPPB FintechYear: 2025Scope 1: 1,954 tCO2eRevenue: $M 583Scope 1 Intensity: 3.35 tCO2e/$MAU Small Finance BankYear: 2025Scope 1: 317 tCO2eRevenue: $M 1,234Scope 1 Intensity: 0.26 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,597Scope 1 Intensity: 1.63 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MIDFC First BankYear: 2025Scope 1: 19,417 tCO2eRevenue: $M 3,090Scope 1 Intensity: 6.28 tCO2e/$MIDBI BankYear: 2025Scope 1: 2,361 tCO2eRevenue: $M 2,106Scope 1 Intensity: 1.12 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 774Scope 1 Intensity: 0.03 tCO2e/$MIIIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,570Scope 1 Intensity: 0.23 tCO2e/$M

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

In 2025, Chola reported a Scope 1 emissions intensity of 0.23 tCO₂e per millions USD. Compared to the peer group median of 0.26 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Chola rank on GHG emissions intensity within its industry?

In 2025, Chola ranked 11 out of 21 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

Insights into Chola's Total Carbon Footprint

In 2025, Chola reported a total carbon footprint of 50,960.62 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.83% increase compared to 2024, suggesting a rise in emissions across its operations or value chain. a

The largest contributor to Chola's total carbon footprint was Scope 3 emissions, accounting for 66.09% of the company's total carbon footprint, followed by Scope 2 emissions at 33.21%. a

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