MMTC PAMP India Private Limited, headquartered in India, is a leading player in the precious metals industry, specialising in the refining and trading of gold and silver. Established in 2008, the company has rapidly gained recognition for its state-of-the-art refining facilities and commitment to quality, positioning itself as a trusted name in the market. With operations primarily in major Indian cities, MMTC PAMP offers a range of unique products, including investment-grade bullion and customised jewellery solutions. The company is renowned for its innovative approach, combining traditional craftsmanship with modern technology. Notable achievements include being the first to introduce the concept of 24K gold bars in India, solidifying its market leadership. MMTC PAMP continues to set benchmarks in the industry, driven by a dedication to excellence and customer satisfaction.
How does Mmtc Pamp India Private'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.
Mmtc Pamp India Private's score of 15 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, MMTC-PAMP India Private Limited reported total carbon emissions of approximately 10,245,000 kg CO2e from Scope 2, 365,700 kg CO2e from Scope 1, and about 5,861,212,000 kg CO2e from Scope 3. This reflects a notable decrease in emissions compared to previous years, with Scope 1 emissions down from 409,300 kg CO2e in 2022 and 642,100 kg CO2e in 2019. Scope 2 emissions also increased from 9,878,000 kg CO2e in 2022, while Scope 3 emissions decreased from approximately 5,978,652,000 kg CO2e in 2022. MMTC-PAMP has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 47% by FY2029/2030, using FY2018/2019 as the base year. Additionally, the company targets a 27.5% reduction in absolute Scope 3 emissions within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are consistent with the reductions necessary to limit global warming to 1.5°C. Overall, MMTC-PAMP India Private Limited is actively working towards significant emissions reductions, demonstrating a commitment to sustainability and climate responsibility in the trading and commercial services sector.
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Add to project2019 | 2022 | 2023 | |
---|---|---|---|
Scope 1 | 642,100 | 000,000 | 000,000 |
Scope 2 | 7,162,000 | 0,000,000 | 00,000,000 |
Scope 3 | 8,295,226,000 | 0,000,000,000 | 0,000,000,000 |
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.
Mmtc Pamp India Private is committed to some reduction initiatives 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.