Max Financial Services Ltd

Common Name
Max Financial Services
Country
India
Sector
Financial Services
Industry
Insurance - Life
Employees
10
Ticker
MFSL
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Max Financial Services Ltd. is a prominent company operating in the financial services sector, primarily focusing on life insurance products. It serves as a holding company for Max Life Insurance Comp...

Max Financial Services's Climate Target Data Preview

As of 2024, Max Financial Services has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Max Financial Services ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2028
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Verified Sources Behind Max Financial Services’s Climate Targets 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 Max Financial Services’s data sources below and access millions more through our Disclosure Search.

a. Max Financial Services's Sustainability Report 2022
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b. Max Financial Services's Sustainability Report 2024
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Insights into Max Financial Services's Greenhouse Gas Emissions Pathways

As of 2024, Max Financial Services has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions. a b

Does Max Financial Services have a target to reduce the emissions from its operations?

As of 2024, Max Financial Services has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Max Financial Services's most ambitious operational target is to reduce these emissions by 80% by 2028, compared to a baseline of 6,202 Metric Tonnes of CO2 equivalent (mtCO2e) in 2021. a b

Instead of reducing operational emissions, Max Financial Services has increased them, with 2024 levels exceeding those of the 2021 baseline, placing the company well behind its reduction target. a b

Max Financial Services's Operational (Scope 1+2) Emissions Pathway

20212024202802 k4 k6 k8 kCurrent (+10%)Target 2028 (-80%)
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