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 2023, 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)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 Chola's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Chola amounted to 12,821 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 Chola increased by 29.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Chola's Scope 1 Emissions Over Time

20222023070140210280tCO2e-27%
  • Total Scope 1
  • Year-over-Year Change

What are Chola's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Chola were 194 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Chola's Scope 1 emissions decreased by 27.34%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Chola's Scope 2 emissions?

In 2023, Chola reported Scope 2 greenhouse gas (GHG) emissions of 12,627 tCOâ‚‚e without specifying the calculation method.

Has Chola reduced its Scope 2 emissions over time?

Compared to the previous year (2022), Chola's Scope 2 emissions (Unspecified Calculation Method) rose by 30.73% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Chola use for Scope 2 reporting?

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

Chola's Scope 2 Emissions Over Time

2022202303.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Chola's Value Chain Emissions

In 2023, Chola reported 8,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Chola includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 1 in 2022, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Chola's Scope 3 Emissions Over Time

2022202302.5 k5 k7.5 k10 ktCO2e+179%
  • Total Scope 3
  • Year-over-Year Change

What are Chola's Scope 3 emissions?

In 2023, Chola reported total Scope 3 emissions of 8,032 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2022), Chola's Scope 3 emissions increased by 178.6%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Chola's Total Carbon Footprint

In 2023, Chola reported a total carbon footprint of 20,853 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 62.8% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Chola's total carbon footprint was Scope 2 emissions, accounting for 60.55% of the company's total carbon footprint, followed by Scope 3 emissions at 38.52%.

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