Mirae Asset Mutual Fund, a prominent player in the Indian asset management industry, is headquartered in Mumbai, India. Founded in 2007, the firm has rapidly established itself as a trusted provider of investment solutions, catering to a diverse clientele across major operational regions in India. Specialising in mutual funds, Mirae Asset offers a range of products, including equity, debt, and hybrid funds, distinguished by their robust research-driven approach and commitment to transparency. The company has achieved significant milestones, including recognition for its innovative fund offerings and consistent performance, positioning it among the top mutual fund houses in India. With a focus on delivering long-term value to investors, Mirae Asset Mutual Fund continues to enhance its market presence, driven by a philosophy of integrity and excellence in asset management.
How does Mirae Asset Mutual Fund'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 Financial Intermediation 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.
Mirae Asset Mutual Fund's score of 16 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Mirae Asset Mutual Fund reported total carbon emissions of approximately 133,385,000 kg CO2e in Hong Kong. This figure represents a decrease from the previous year's global emissions of about 163,913,000 kg CO2e. However, specific data on Scope 1, 2, and 3 emissions has not been disclosed, indicating a lack of detailed emissions categorisation. Despite the reduction in total emissions, Mirae Asset has not established any formal reduction targets or commitments, such as those aligned with the Science Based Targets initiative (SBTi). This absence of defined climate pledges suggests that while the company is aware of its carbon footprint, it may not yet have a structured approach to further reducing its emissions or addressing climate change comprehensively. Overall, while Mirae Asset has made progress in reducing its emissions, the lack of specific targets and detailed scope categorisation highlights an area for potential improvement in their climate strategy.
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.
Mirae Asset Mutual Fund 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.