- Global uncertainties, supply chain disruptions, and inflationary pressures
- Risks related to gold price volatility
- Strong competition from banks and NBFCs
- Challenges in maintaining asset quality in non-gold loan segments
- High operational expenses
- Operational challenges related to decentralized gold loan operations and security risks
Muthoot Finance Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Muthoot Finance Limited disclosed greenhouse gas emissions of 992 tCO2e (Scope 1) + 20,548 tCO2e (Scope 2) = 21,540 tCO2e. By scope: Scope 1: 992 tCO2e; Scope 2: 20.5K tCO2e. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
992 tCO2e (Scope 1) + 20,548 tCO2e (Scope 2) = 21,540 tCO2e
2023-04 to 2024-03
Water Usage
152.7K KL (third-party water)
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 992 tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 20.5K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 992 tCO2e (Scope 1) + 20,548 tCO2e (Scope 2) = 21,540 tCO2e |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced carbon footprint by focusing on renewable energy (owns three windmills in Tamil Nadu)
- Installed a 25 KWp solar power plant at the Kerala Museum
🎯 Climate & Sustainability Targets
🔜 Short-term
- Integrate water-efficient technologies in all existing buildings by 2025
📅 Medium-term
- Achieve 100% renewable energy in office buildings by 2030
- Double the number of existing EV charging stations by 2030
🔭 Long-term
- Net-zero emissions by 2050 (implied)
🌱 ESG Focus Areas
Financial InclusionCommunity WelfareCorporate GovernanceEnvironmental SustainabilityRenewable Energy