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 GHG Emissions Data Preview

In 2024, Max Financial Services 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, Max Financial Services 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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0000000
Total Scope 2
Unspecified Calculation Method
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b
0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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a
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b
0000000
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Verified Sources Behind Max Financial Services’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 Max Financial Services’s data sources below and access millions more through our Disclosure Search.

a. Max Financial Services's Sustainability Report 2024
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b. Max Financial Services's Sustainability Report 2022
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Insights into Max Financial Services's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Max Financial Services amounted to 6,836.37 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 2023, the total operational greenhouse gas (GHG) emissions of Max Financial Services decreased by 1.26%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

Max Financial Services's Scope 1 Emissions Over Time

202220232024070140210280tCO2e+14%-47%
  • Total Scope 1
  • Year-over-Year Change

What are Max Financial Services's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Max Financial Services were 141.73 metric tons of CO₂ equivalent (tCO₂e). a

Has Max Financial Services reduced its Scope 1 emissions over time?

Since 2022, Max Financial Services's Scope 1 emissions have decreased by 39.43%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Max Financial Services's Scope 1 emissions decreased by 46.65%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are Max Financial Services's Scope 2 emissions?

In 2024, Max Financial Services reported Scope 2 greenhouse gas (GHG) emissions of 6,694.64 tCO₂e without specifying the calculation method. a

Has Max Financial Services reduced its Scope 2 emissions over time?

Since 2022, Max Financial Services's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have increased by 12.18%, reflecting a rising long-term trend in Scope 2 emissions over time. a b

Compared to the previous year (2023), Max Financial Services's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Max Financial Services 's emissions have plateaued with no significant change in its energy consumption footprint. a

What methodology does Max Financial Services use for Scope 2 reporting?

In 2024, Max Financial Services reported its Scope 2 emissions using an unspecified methodology. a

Max Financial Services's Scope 2 Emissions Over Time

20222023202402 k4 k6 k8 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)
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