Climate Change Data

Saison International

Climate Impact & Sustainability Data (2024)

Reporting Period: 2024

Environmental Metrics

Total Carbon Emissions:26,124.66 tCO2e/year
Scope 1 Emissions:66.99 tCO2e/year
Scope 2 Emissions:211.17 tCO2e/year
Scope 3 Emissions:25,846.50 tCO2e/year
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:18.1 tCO2e/INR Cr. (2023-2024)

ESG Focus Areas

  • Financial Inclusion
  • Social Impact
  • Diversity, Equity and Inclusion (DEI)
  • Climate Change

Environmental Achievements

  • Partnered with StepChange to measure and reduce GHG emissions, including financed emissions from lending portfolio. Reduced Scope 1 and 2 emissions from 19.8 tCO2e/INR Cr. in 2022-2023 to 18.1 tCO2e/INR Cr. in 2023-2024.

Social Achievements

  • Provided credit to underserved segments in emerging markets, including individuals and MSMEs. Facilitated financial literacy activities reaching close to 400 participants. Organized workshops benefiting 32 women entrepreneurs in Indonesia.
  • In India, 68% of small businesses reached through partner NBFCs were women-led, representing 20 million Indian women.

Governance Achievements

  • Established a Sustainability Division in Credit Saison Japan to coordinate and share knowledge with Saison International. Issued a Social Bond in June 2022 to increase efforts to close the financial gap for MSMEs and individuals in South and South East Asia. Integrated TCFD recommendations to disclose climate change related risks and opportunities and GHG emissions.

Climate Goals & Targets

Long-term Goals:
  • Net Zero emissions (target year not specified)
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Risks associated with digital financial inclusion, including unethical actors, privacy violations, fraud, and over-indebtedness.
  • Climate change risks and opportunities for business in India and other emerging markets.
  • Limited access to finance for MSMEs in emerging markets.
Mitigation Strategies
  • Careful partner selection and responsible lending practices.
  • Partnership with StepChange to measure and mitigate climate change risks and opportunities.
  • Adapting underwriting processes to extend credit to MSMEs with limited credit history.
  • Developing frameworks, tools, and know-how to ensure impact is delivered, measured, and enhanced.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • ESG assessments of partners
  • Exclusion and high-risk activity lists

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: Impact Principles, UN Sustainable Development Goals (SDGs)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Goal 1 (No Poverty)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 9 (Industry, Innovation, and Infrastructure)
  • Goal 10 (Reduced Inequalities)

Saison International's lending and investment activities aim to unlock growth potential and economic opportunities for MSMEs and improve the livelihoods of historically underserved individuals and households.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed