Mirae Asset Mutual Fund

Mirae Asset Mutual Fund, headquartered in India and operating within financial intermediation services (excluding insurance and pension funding), is committed to climate action.

For the reporting year 2020, Mirae Asset Mutual Fund reported a total of approximately 14,120,000 kg CO2e. This total comprised approximately 979,000 kg CO2e from Scope 1 emissions, including about 524,000 kg CO2e from mobile combustion. Scope 2 emissions were approximately 13,131,000 kg CO2e, with purchased electricity accounting for about 7,862,000 kg CO2e. Scope 3 emissions amounted to approximately 315,000 kg CO2e, with business travel contributing about 167,000 kg CO2e, purchased goods and services around 31,000 kg CO2e, and waste generated in operations at about 117,000 kg CO2e.

In 2022, the company reported a total of approximately 163,913,000 kg CO2e, with a noted absence of disclosed Scope 1, 2, and specific Scope 3 data points, highlighting a data gap in purchased goods and services.

For 2023, Mirae Asset Mutual Fund provided a carbon footprint of 0.094 kg CO2e per unit of revenue (USD). While specific absolute emissions for 2023 were not disclosed, the company indicated its upstream activities are being disclosed.

Mirae Asset Mutual Fund has not publicly disclosed specific reduction targets or achievements through initiatives like the Science Based Targets initiative (SBTi) or the Climate Pledge. The company's climate commitments appear to be focused on reporting its carbon footprint and disclosing relevant upstream data.