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Power Finance Corporation Ltd

Common Name
Power Finance
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
540
Ticker
PFC
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Power Finance Corporation Ltd. is a leading financial service company that caters primarily to the power sector in India. As a non-banking financial corporation, its primary function is to provide fun...

Power Finance's GHG Emissions Data Preview

In 2024, Power Finance 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, Power Finance has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)20242023
Total Scope 1
0.8a
1.9a
Total Scope 2
Unspecified Calculation Method
1,268.57a
1,197.2a
Total Scope 3
N/AN/A
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.0002a
0.0006a
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Verified Sources Behind Power Finance’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.

a. Power Finance's Annual Report 2024

Insights into Power Finance's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Power Finance amounted to 1,269.37 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 Power Finance increased by 5.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Power Finance's Scope 1 Emissions Over Time

2023202400.511.52tCO2e-58%
  • Total Scope 1
  • Year-over-Year Change

What are Power Finance's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Power Finance were 0.8 metric tons of CO₂ equivalent (tCO₂e).a

Compared to the previous year (2023), Power Finance's Scope 1 emissions decreased by 57.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Power Finance's Scope 2 emissions?

In 2024, Power Finance reported Scope 2 greenhouse gas (GHG) emissions of 1,268.57 tCO₂e without specifying the calculation method.a

Has Power Finance reduced its Scope 2 emissions over time?

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

What methodology does Power Finance use for Scope 2 reporting?

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

Power Finance's Scope 2 Emissions Over Time

2023202403507001.05 k1.4 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Power Finance’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Power Finance reported Scope 1 greenhouse gas (GHG) emissions of 0.8 tCO₂e and total revenues of USD 4,000 millions. This translates into an emissions intensity of 0 tCO₂e per millions USD.a

Power Finance's Scope 1 Emissions Intensity Compared to Peers

205005,000200,000Scope 1 Emissions (tCO2e)1005002,0005,00020,000Revenues (Millions of USD)Ally FinancialYear: 2024Scope 1: 5,585 tCO2eRevenue: $M 8,898Scope 1 Intensity: 0.63 tCO2e/$MLufax HoldingYear: 2024Scope 1: 112 tCO2eRevenue: $M 2,631Scope 1 Intensity: 0.04 tCO2e/$MQfin HoldingsYear: 2024Scope 1: 17 tCO2eRevenue: $M 1,927Scope 1 Intensity: 0.01 tCO2e/$MAeon Financial ServiceYear: 2024Scope 1: 2,642 tCO2eRevenue: $M 2,781Scope 1 Intensity: 0.95 tCO2e/$MWestern UnionYear: 2023Scope 1: 4,132 tCO2eRevenue: $M 4,357Scope 1 Intensity: 0.95 tCO2e/$MBread Financial HoldingsYear: 2024Scope 1: 933 tCO2eRevenue: $M 3,838Scope 1 Intensity: 0.24 tCO2e/$MCredit SaisonYear: 2024Scope 1: 822 tCO2eRevenue: $M 2,775Scope 1 Intensity: 0.30 tCO2e/$MFar East HorizonYear: 2024Scope 1: 51,912 tCO2eRevenue: $M 5,172Scope 1 Intensity: 10.04 tCO2e/$MEdenredYear: 2024Scope 1: 6,649 tCO2eRevenue: $M 2,972Scope 1 Intensity: 2.24 tCO2e/$MSoFi TechnologiesYear: 2024Scope 1: 293 tCO2eRevenue: $M 2,613Scope 1 Intensity: 0.11 tCO2e/$MPoonawalla FincorpYear: 2025Scope 1: 347 tCO2eRevenue: $M 490Scope 1 Intensity: 0.71 tCO2e/$MMahindra FinanceYear: 2025Scope 1: 4,022 tCO2eRevenue: $M 2,161Scope 1 Intensity: 1.86 tCO2e/$MIREDAYear: 2025Scope 1: 22 tCO2eRevenue: $M 785Scope 1 Intensity: 0.03 tCO2e/$MHousing and Urban DevelopmentYear: 2025Scope 1: 34 tCO2eRevenue: $M 421Scope 1 Intensity: 0.08 tCO2e/$MSundaram FinanceYear: 2025Scope 1: 2,388 tCO2eRevenue: $M 491Scope 1 Intensity: 4.86 tCO2e/$MSBI CardYear: 2025Scope 1: 198 tCO2eRevenue: $M 1,736Scope 1 Intensity: 0.11 tCO2e/$MShriram FinanceYear: 2025Scope 1: 4,236 tCO2eRevenue: $M 2,672Scope 1 Intensity: 1.59 tCO2e/$ML&T FinanceYear: 2025Scope 1: 386 tCO2eRevenue: $M 1,864Scope 1 Intensity: 0.21 tCO2e/$MRECYear: 2025Scope 1: 306 tCO2eRevenue: $M 2,565Scope 1 Intensity: 0.12 tCO2e/$MIndian Railway FinanceYear: 2025Scope 1: 21 tCO2eRevenue: $M 3,177Scope 1 Intensity: 0.01 tCO2e/$MMuthoot FinanceYear: 2025Scope 1: 129 tCO2eRevenue: $M 1,504Scope 1 Intensity: 0.09 tCO2e/$MCholaYear: 2025Scope 1: 356 tCO2eRevenue: $M 1,599Scope 1 Intensity: 0.22 tCO2e/$MCholamandalam Financial HoldingsYear: 2025Scope 1: 621 tCO2eRevenue: $M 4,096Scope 1 Intensity: 0.15 tCO2e/$MBajaj FinanceYear: 2025Scope 1: 6,169 tCO2eRevenue: $M 4,958Scope 1 Intensity: 1.24 tCO2e/$MPower FinanceYear: 2024Scope 1: 1 tCO2eRevenue: $M 4,000Scope 1 Intensity: 0.00 tCO2e/$M

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

In 2024, Power Finance reported a Scope 1 emissions intensity of 0 tCO₂e per millions USD. Compared to the peer group median of 0.23, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Power Finance rank on GHG emissions intensity within its industry?

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

This places Power Finance among the top performers, with one of the lowest emissions intensities relative to peers.a

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