M&G Global Services Private Limited, commonly referred to as M&G, is a prominent player in the financial services industry, headquartered in India. Established in 2017, the company has rapidly expanded its operations across key regions, including Asia and Europe, providing innovative solutions in asset management and investment services. M&G offers a diverse range of core products, including mutual funds, pension solutions, and investment advisory services, distinguished by their commitment to sustainability and customer-centric strategies. With a strong market position, M&G has achieved notable milestones, including recognition for its robust investment performance and dedication to responsible investing. As a trusted partner in the financial landscape, M&G continues to set benchmarks in service excellence and innovation.
How does M&G Global Services Private Limited'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.
Mean score of companies in the Business Services 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.
M&G Global Services Private Limited's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
M&G Global Services Private Limited, headquartered in India, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of M&G plc, which may influence its climate commitments and performance metrics. As of now, M&G Global Services has not outlined any specific reduction targets or initiatives related to carbon emissions. There are no documented science-based targets (SBTi) or other climate pledges that have been reported. The absence of emissions data and reduction initiatives suggests that the company may still be in the early stages of developing its climate strategy. Given the lack of specific emissions figures and commitments, M&G Global Services Private Limited's approach to climate action remains unclear. However, as part of a larger corporate family, it may benefit from the sustainability practices and targets set by M&G plc, which could inform its future climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,187,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 
| Scope 2 | 1,976,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 
| Scope 3 | 9,922,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 
M&G Global Services Private Limited's Scope 3 emissions, which increased by 148% last year and decreased by approximately 26% since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Business Travel" being the largest emissions source at 98% of Scope 3 emissions.
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
M&G Global Services Private Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
