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 Energy Data Preview

In 2024, Max Financial Services disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Max Financial Services disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

However, Max Financial Services did not provide a breakdown of its energy sources or generation technologies, limiting visibility into its energy mix and the role of renewables versus fossil fuels.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Verified Sources Behind Max Financial Services’s Energy Management Data

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a. Max Financial Services's Sustainability Report 2024
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Insights into Max Financial Services's Energy Renewability

In 2024, Max Financial Services consumed a total of 35,588.48 Gigajoules of energy across its operations. Of this total, 0.07% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 99.93% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Max Financial Services's Energy Renewability Rate

0%

How much of Max Financial Services's energy consumed is renewable?

In 2024, Max Financial Services consumed a total of 35,588.48 Gigajoules of energy, of which 0.07% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This low level of renewable energy use highlights a heavy reliance on fossil fuels or other non-renewable sources, suggesting that Max Financial Services has considerable room to improve its energy sustainability strategy.

Are Max Financial Services's energy practices becoming more sustainable?

Since 2024, Max Financial Services's total energy consumption decreased by 4.04%, suggesting a recent decline in overall energy demand. a

a

Max Financial Services's Renewable vs Non-renewable Energy Over Time

40.8 k15.8 k9.2 k40.8 kGigajoules (GJ)20232024100%100%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed
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