Merrill Lynch (India) Technology Services Pvt. Ltd.
Merrill Lynch (India) Technology Services Pvt. Ltd., a subsidiary of the renowned financial services firm, is headquartered in India and operates across major regions including Mumbai and Bengaluru. Established in 2006, the company has made significant strides in the financial technology sector, focusing on delivering innovative solutions that enhance investment banking and wealth management services. Specialising in software development, data analytics, and IT infrastructure, Merrill Lynch (India) stands out for its commitment to leveraging cutting-edge technology to optimise financial operations. The firm has achieved notable recognition for its robust cybersecurity measures and advanced trading platforms, positioning itself as a leader in the competitive financial services landscape. With a strong emphasis on client-centric solutions, Merrill Lynch (India) continues to drive excellence in technology services, contributing to the global success of its parent company.
DitchCarbon Score
How does Merrill Lynch (India) Technology Services Pvt. Ltd.'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 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
Merrill Lynch (India) Technology Services Pvt. Ltd.'s score of 7 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Merrill Lynch (India) Technology Services Pvt. Ltd. currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a merged entity under the corporate umbrella of Bank of America Corporation, which cascades its sustainability initiatives and performance metrics down to its subsidiaries. As part of its commitment to climate action, Merrill Lynch (India) Technology Services Pvt. Ltd. aligns with the broader sustainability goals set by Bank of America Corporation. However, there are no specific reduction targets or climate pledges documented for this entity. The lack of detailed emissions data suggests that the company may still be in the process of establishing its own climate commitments or reporting frameworks. In the context of the financial services industry, it is essential for firms like Merrill Lynch (India) to develop robust strategies for measuring and reducing carbon emissions, particularly as stakeholders increasingly demand transparency and accountability in corporate sustainability efforts.
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| 2010 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | 106,870,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 1,644,068,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 1,450,834,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Merrill Lynch (India) Technology Services Pvt. Ltd. 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.
