Shriram Finance Ltd

Common Name
Shriram Finance
Country
India
Sector
Financial Services
Industry
Credit Services
Employees
79,872
Ticker
SHRIRAMFIN
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
Shriram Finance Ltd. serves as a prominent financial company, mainly focusing on offering a wide array of lending solutions. The company specializes in asset-backed financing, providing loans for vehi...

Shriram Finance's GHG Emissions Data Preview

In 2024, Shriram 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), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

However, Shriram Finance 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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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Shriram Finance's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Shriram Finance amounted to 24,183 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Shriram Finance increased by 6.56%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Shriram Finance's Scope 1 Emissions Over Time

2023202401 k2 k3 k4 ktCO2e+19%
  • Total Scope 1
  • Year-over-Year Change

What are Shriram Finance's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Shriram Finance were 3,963.44 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2023), Shriram Finance's Scope 1 emissions increased by 19.4%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Shriram Finance's Scope 2 emissions?

In 2024, Shriram Finance reported Scope 2 greenhouse gas (GHG) emissions of 20,219.56 tCOâ‚‚e without specifying the calculation method.

Has Shriram Finance reduced its Scope 2 emissions over time?

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

What methodology does Shriram Finance use for Scope 2 reporting?

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

Shriram Finance's Scope 2 Emissions Over Time

2023202405.5 k11 k16.5 k22 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Shriram Finance's Value Chain Emissions

In 2024, Shriram Finance reported 66,430.81 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Shriram Finance includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Shriram Finance's Scope 3 Emissions Over Time

2024020 k40 k60 k80 ktCO2e
  • Total Scope 3
  • Year-over-Year Change

What are Shriram Finance's Scope 3 emissions?

In 2024, Shriram Finance reported total Scope 3 emissions of 66,430.81 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Insights into Shriram Finance's Total Carbon Footprint

In 2024, Shriram Finance reported a total carbon footprint of 90,613.81 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 299.29% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Shriram Finance's total carbon footprint was Scope 3 emissions, accounting for 73.31% of the company's total carbon footprint, followed by Scope 2 emissions at 22.31%.

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