- Elevated inflation
- Tight monetary and financial conditions
- Escalating geopolitical tensions
- Regulatory intervention on bank credit to NBFCs
- Rising interest rates and tightening liquidity
- Climate risks
Cholamandalam Investment and Finance Company Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Cholamandalam Investment and Finance Company Limited disclosed greenhouse gas emissions of 15.7K +377=16067 tCO2e/year. By scope: Scope 1: 377 tCO2e/year; Scope 2: 15.7K tCO2e/year; Scope 3: 29.5K 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
15.7K +377=16067 tCO2e/year
2023-04 to 2024-03
Waste
21.23 tons/year
2023-04 to 2024-03
Energy Use
76.6K GJ/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). | 377 tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 15.7K tCO2e/year |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 29.5K 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 | 15.7K +377=16067 tCO2e/year |
| 2021-04 to 2022-03 | 12.3K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- Achieved green building status for corporate office by 2024
- Replaced 100% of CFL lighting with LED systems at all operations by 2025
- Reduced water consumption across the company operations through efficient water flow solutions
- Initiated the funding of electric vehicles
- Implemented energy efficiency measures in the office premises
- Promoting the use of recycled paper and double-sided printing. Digitization has reduced paper consumption. Effective e-waste management.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase EV loan disbursements by 5% YOY from 2023-2025
- Achieve green building status for corporate office by 2024
- Replace 100% of CFL lighting with LED systems at all operations by 2025
- Reduce water consumption across the company operations through efficient water flow solutions
- Attain ISMS certification by the year 2025
🌱 ESG Focus Areas
Financial InclusionCorporate GovernanceData Privacy and Cyber SecurityRegulatory ComplianceEmployee Growth and DevelopmentEmployee WellbeingCustomer Support and SatisfactionGeographical ExpansionHuman RightsCSRBranding and ReputationClimate ChangeOperational eco-efficiency and emission WasteDiversity and InclusivenessLocal Employment