Abans Finance PLC
Abans Finance PLC, a prominent player in the financial services sector, is headquartered in Sri Lanka (LK) and operates extensively across the island. Established in 2005, the company has made significant strides in providing innovative financial solutions, including leasing, hire purchase, and personal loans, tailored to meet the diverse needs of its clientele. With a commitment to customer-centric service, Abans Finance distinguishes itself through competitive interest rates and flexible repayment options. The company has garnered a strong market position, recognised for its reliability and transparency in financial dealings. Over the years, Abans Finance has achieved notable milestones, solidifying its reputation as a trusted partner in the financial landscape of Sri Lanka.
DitchCarbon Score
How does Abans Finance PLC's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Abans Finance PLC's score of 22 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Abans Finance PLC's reported carbon emissions
In 2021, Abans Finance PLC reported total carbon emissions of approximately 2,290,000 kg CO2e. This figure includes 718,000 kg CO2e from Scope 1 emissions and 1,573,000 kg CO2e from Scope 2 emissions, while Scope 3 emissions were not reported. Comparatively, in 2020, the company’s total emissions were about 2,752,000 kg CO2e, with Scope 1 emissions at 1,039,000 kg CO2e, Scope 2 at 1,691,000 kg CO2e, and Scope 3 at 22,000 kg CO2e. In 2019, total emissions were approximately 2,472,000 kg CO2e, with Scope 1 emissions of 1,034,000 kg CO2e, Scope 2 at 1,424,000 kg CO2e, and Scope 3 at 15,000 kg CO2e. Abans Finance PLC has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of reported Scope 3 emissions in 2021 indicates a potential area for future focus. The company’s emissions data reflects a commitment to transparency, although further details on reduction strategies would enhance their climate action profile.
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| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 1,034,000 | 0,000,000 | 000,000 |
| Scope 2 | 1,424,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 15,000 | 00,000 | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Abans Finance PLC is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
