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Public Profile
Financial Intermediation
LK
updated a month ago

People's Leasing & Finance PLC

Company website

People's Leasing & Finance PLC, headquartered in Sri Lanka, is a leading player in the financial services industry, specialising in leasing, hire purchase, and microfinance solutions. Established in 1995, the company has grown significantly, establishing a strong presence across major operational regions in Sri Lanka. With a commitment to providing innovative financial products, People's Leasing offers unique services tailored to meet the diverse needs of individuals and businesses. Their core offerings include vehicle leasing, equipment financing, and personal loans, all designed to empower customers with flexible financial solutions. Recognised for its robust market position, People's Leasing & Finance PLC has achieved numerous accolades, reflecting its dedication to excellence and customer satisfaction in the competitive finance sector.

DitchCarbon Score

How does People's Leasing & 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.

27

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.

27

Industry Benchmark

People's Leasing & Finance PLC's score of 27 is higher than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.

51%

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People's Leasing & Finance PLC's reported carbon emissions

In 2023, People's Leasing & Finance PLC reported total carbon emissions of approximately 2,510,500 kg CO2e. This figure includes 2,146,360 kg CO2e from Scope 1 emissions, 225,350 kg CO2e from Scope 2 emissions, and 138,791.3 kg CO2e from Scope 3 emissions. The company has shown a significant reduction in emissions compared to 2022, where total emissions were about 1,802,270 kg CO2e, with Scope 1 and Scope 2 emissions at 232,730 kg CO2e and 1,185,700 kg CO2e, respectively. Despite these reductions, there are currently no documented reduction targets or climate pledges from People's Leasing & Finance PLC. The emissions data is cascaded from the parent organization, indicating a corporate family relationship, but specific details on initiatives or targets from the parent company are not provided. Overall, while People's Leasing & Finance PLC has made strides in reducing its carbon footprint, further commitments and structured reduction targets would enhance its climate strategy.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20222023
Scope 1
232,730
0,000,000
Scope 2
1,185,700
000,000
Scope 3
-
000,000.0

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. People's Leasing & Finance PLC's primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for People's Leasing & Finance PLC is in LK, which has a high grid carbon intensity relative to other regions.

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.

People's Leasing & 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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