Oracle Financial Services Software Ltd

Common Name
OFSS
Country
India
Sector
Technology
Industry
Software - Infrastructure
Employees
8,045
Ticker
OFSS
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Oracle Financial Services Software Limited is a prominent provider of IT solutions and services within the banking and financial sector. It primarily focuses on delivering enterprise-wide solutions th...

OFSS's GHG Emissions Data Preview

In 2024, OFSS 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, OFSS 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind OFSS’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 OFSS’s data sources below and access millions more through our Disclosure Search.

a. OFSS's Sustainability Report 2024
a. OFSS's Sustainability Report 2024

Insights into OFSS's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of OFSS amounted to 7,884.63 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 OFSS decreased by 12.81%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

OFSS's Scope 1 Emissions Over Time

2023202402505007501 ktCO2e-63%
  • Total Scope 1
  • Year-over-Year Change

What are OFSS's Scope 1 emissions?

In 2024, the total Scope 1 emissions of OFSS were 371.63 metric tons of CO₂ equivalent (tCO₂e). a

Compared to the previous year (2023), OFSS's Scope 1 emissions decreased by 62.81%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are OFSS's Scope 2 emissions?

In 2024, OFSS reported Scope 2 greenhouse gas (GHG) emissions of 7,513 tCO₂e without specifying the calculation method. a

Has OFSS reduced its Scope 2 emissions over time?

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

What methodology does OFSS use for Scope 2 reporting?

In 2024, OFSS reported its Scope 2 emissions using an unspecified methodology. a

OFSS's Scope 2 Emissions Over Time

2023202402.5 k5 k7.5 k10 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

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

In 2024, OFSS reported Scope 1 greenhouse gas (GHG) emissions of 371.63 tCO₂e and total revenues of USD 764 millions. This translates into an emissions intensity of 0.49 tCO₂e per millions USD. a

OFSS's Scope 1 Emissions Intensity Compared to Peers

102002,00020,000200,000Scope 1 Emissions (tCO2e)0.252002,000100,000Revenues (Millions of USD)Tata ElxsiYear: 2024Scope 1: 107 tCO2eRevenue: $M 426Scope 1 Intensity: 0.25 tCO2e/$MCoforgeYear: 2025Scope 1: 1,265 tCO2eRevenue: $M 1,410Scope 1 Intensity: 0.90 tCO2e/$MHexaware TechnologiesYear: 2023Scope 1: 2,701 tCO2eRevenue: $M 1,261Scope 1 Intensity: 2.14 tCO2e/$MVakrangeeYear: 2023Scope 1: 27 tCO2eRevenue: $M 24Scope 1 Intensity: 1.11 tCO2e/$MOne 97 CommunicationsYear: 2025Scope 1: 182 tCO2eRevenue: $M 807Scope 1 Intensity: 0.23 tCO2e/$MITIYear: 2023Scope 1: 3,305 tCO2eRevenue: $M 170Scope 1 Intensity: 19.45 tCO2e/$MBirlasoftYear: 2023Scope 1: 76 tCO2eRevenue: $M 584Scope 1 Intensity: 0.13 tCO2e/$MAdani Total GasYear: 2024Scope 1: 80,497 tCO2eRevenue: $M 0Scope 1 Intensity: 396,331.95 tCO2e/$MTata Consultancy ServicesYear: 2024Scope 1: 21,949 tCO2eRevenue: $M 28,888Scope 1 Intensity: 0.76 tCO2e/$MTata TechnologiesYear: 2024Scope 1: 134 tCO2eRevenue: $M 613Scope 1 Intensity: 0.22 tCO2e/$MMphasisYear: 2023Scope 1: 172 tCO2eRevenue: $M 1,681Scope 1 Intensity: 0.10 tCO2e/$MZensar TechnologiesYear: 2023Scope 1: 49 tCO2eRevenue: $M 590Scope 1 Intensity: 0.08 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$MHappiest Minds TechnologiesYear: 2023Scope 1: 57 tCO2eRevenue: $M 174Scope 1 Intensity: 0.33 tCO2e/$ML&T Technology ServicesYear: 2024Scope 1: 247 tCO2eRevenue: $M 1,157Scope 1 Intensity: 0.21 tCO2e/$MSterlite TechnologiesYear: 2023Scope 1: 8,913 tCO2eRevenue: $M 827Scope 1 Intensity: 10.78 tCO2e/$MKPIT TechnologiesYear: 2024Scope 1: 688 tCO2eRevenue: $M 584Scope 1 Intensity: 1.18 tCO2e/$MLTIMindtreeYear: 2023Scope 1: 1,663 tCO2eRevenue: $M 4,041Scope 1 Intensity: 0.41 tCO2e/$MPersistent SystemsYear: 2025Scope 1: 275 tCO2eRevenue: $M 1,397Scope 1 Intensity: 0.20 tCO2e/$MDixon Technologies (India)Year: 2024Scope 1: 621 tCO2eRevenue: $M 2,112Scope 1 Intensity: 0.29 tCO2e/$MHCL TechnologiesYear: 2024Scope 1: 12,508 tCO2eRevenue: $M 13,180Scope 1 Intensity: 0.95 tCO2e/$MTejas NetworksYear: 2024Scope 1: 720 tCO2eRevenue: $M 278Scope 1 Intensity: 2.60 tCO2e/$MWiproYear: 2024Scope 1: 6,515 tCO2eRevenue: $M 10,763Scope 1 Intensity: 0.61 tCO2e/$MWNS (Holdings)Year: 2024Scope 1: 2,737 tCO2eRevenue: $M 1,323Scope 1 Intensity: 2.07 tCO2e/$MOFSSYear: 2024Scope 1: 372 tCO2eRevenue: $M 764Scope 1 Intensity: 0.49 tCO2e/$M

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

In 2024, OFSS reported a Scope 1 emissions intensity of 0.49 tCO₂e per millions USD. Compared to the peer group median of 0.51 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

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

In 2024, OFSS ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

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

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