- Increased use of resources driving climate change, biodiversity loss, and pollution.
- Inadequate pace of action to achieve the Paris Agreement's 1.5°C warming limit.
- Rising concerns among conscious investors regarding non-financial disclosures.
- Need for accurate ESG reporting and adherence to best practices.
Max Financial Services Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Max Financial Services Limited disclosed greenhouse gas emissions of 6.8K tCO2e/year. By scope: Scope 1: 141.73 tCO2e/year; Scope 2: 6.7K tCO2e/year. 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
6.8K tCO2e/year
2023-04 to 2024-03
Water Usage
381.96 kl/year
2023-04 to 2024-03
Waste
11.469 tons/year
2023-04 to 2024-03
Energy Use
35.6M MJ/year
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). | 141.73 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 6.7K tCO2e/year |
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 | 6.8K tCO2e/year |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Reduced operational carbon emissions by 87 tCO2e (~1.25%) in FY 2023-24 compared to FY 2022-23 through HVAC system upgrades, lighting improvements, and operational optimization.
- Achieved 89% digital penetration for customers by March 31, 2024 (target 95% by FY 2026).
🎯 Climate & Sustainability Targets
🔜 Short-term
- Achieve a 28% gender diversity ratio by FY 2025.
- Achieve 40 hours of employee training per year.
- Ensure 75% of the equity portfolio is ESG compliant at all times.
📅 Medium-term
- Reduce operational carbon emissions by 80% by FY 2028.
- Achieve 95% digital penetration for customers by FY 2026.
🌱 ESG Focus Areas
Responsible product offeringGovernanceEthics & ComplianceSustainable investing / Responsible asset managementNatural disaster RiskESG verification & reportingEnergy efficiencyWaste managementPollutionWaterData privacy & securityDigital transformationWorkforce developmentHealth & wellnessLocal community supportDiversity, Equity and Inclusion