Bajaj Finserv reports scope 1 and 2 emissions of 61,041.66 MT CO2e in FY26
Bajaj Finserv Ltd released its Business Responsibility and Sustainability Report for FY2026, disclosing scope 1 and 2 emissions of 61,041.66 MT CO2e and total waste generation of 265.94 MT. The Group reported a consolidated turnover of ₹150,530 crore and a workforce of 236,390 employees, with a target to achieve carbon neutrality by FY2032.

*this image is generated using AI for illustrative purposes only.
Bajaj Finserv Ltd disclosed its environmental and social performance metrics for the financial year 2025-26 in its Business Responsibility and Sustainability Report. The Group reported total scope 1 and 2 emissions of 61,041.66 MT CO2e, with scope 1 emissions at 9,398.24 MT CO2e and scope 2 emissions at 51,643.43 MT CO2e. The company has set a target to become carbon neutral in scope 1 and scope 2 emissions by FY2032.
The Group’s total energy consumption stood at 3,58,266 Giga Joules (GJ), with renewable energy sources accounting for 0.38% of the total consumption. Water consumption for the period was recorded at 1,231,644 kilolitres. In terms of waste management, the company generated a total of 265.94 metric tonnes of waste, of which 92.52 metric tonnes were recovered through recycling, reusing, or other recovery operations, while 173.42 metric tonnes were disposed of via incineration, landfilling, or safe disposal methods.
Financial and Operational Overview
Bajaj Finserv reported a consolidated turnover of ₹150,530 crore and a net worth of ₹79,396 crore for FY2026. On a standalone basis, the turnover was ₹2,077 crore with a net worth of ₹10,193 crore. The Group’s operations are primarily concentrated in India, with exports contributing less than 1% of total revenue. The company operates through 4,991 offices nationally and 3 internationally, serving 28 states and 8 union territories.
The Group’s workforce comprised 236,390 employees as of 31 March 2026, including 113,732 permanent employees and 122,658 other than permanent employees. The company reported 94 differently abled employees. Women accounted for 18% of the total workforce, representing 41,807 employees.
Subsidiaries and Business Segments
The company’s primary business activities include financial and insurance services, which account for 54% of the turnover, followed by non-life insurance at 23% and life insurance at 23%. Key material subsidiaries include Bajaj Finance Ltd., Bajaj Life Insurance Ltd., and Bajaj General Insurance Ltd. The Group also has subsidiaries in asset management, health technology, and alternative investment management.
Bajaj Finance Ltd. acquired 17.51 million new customers in FY2026, bringing its total customer franchise to 119.33 million. Bajaj General Insurance issued 37,270,222 policies during the year, while Bajaj Life Insurance covered 15,956,122 lives.
Sustainability Initiatives and Governance
The Group has implemented several environmental initiatives, including the installation of rooftop solar plants with a capacity of 757 KW, which generated 0.32 million units of electricity in FY2026. Additionally, the company planted more than 2 lakh tree saplings during the year. The BFS head office achieved the IGBC Net-Zero Waste to Landfill Certification, and 44 offices obtained ISO 14001:2015 and ISO 45001:2018 certifications.
| Metric | FY2026 Value |
|---|---|
| Total Scope 1 & 2 Emissions (MT CO2e) | 61,041.66 |
| Total Energy Consumed (GJ) | 3,58,266 |
| Renewable Energy Share | 0.38% |
| Total Water Consumption (KL) | 1,231,644 |
| Total Waste Generated (MT) | 265.94 |
| Waste Recovered (MT) | 92.52 |
| Waste Disposed (MT) | 173.42 |
| Consolidated Turnover (₹ Crore) | 150,530 |
| Total Employees | 236,390 |
The report was assured by SGS India Pvt. Ltd., which provided reasonable assurance for BRSR core indicators and limited assurance for non-core indicators. The Group maintained zero tolerance for corruption and reported no instances of fines, penalties, or settlements with regulators during the year.
Historical Stock Returns for Bajaj Finserv
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +1.11% | +3.25% | +13.17% | -3.83% | -5.45% | +49.05% |
What specific capital expenditures or operational changes will Bajaj Finserv implement to significantly increase its renewable energy share from 0.38% to meet the 2032 carbon neutrality target?
How will the company balance the rapid expansion of its customer base with the need to reduce the environmental intensity of its growing network of 4,991 offices?
Are there plans to introduce green financing products or ESG-linked investment options to leverage the sustainability goals of its 119 million customers?































