Nippon Life India Asset Management Limited, commonly referred to as Nippon India Mutual Fund, is a leading player in the Indian asset management industry. Headquartered in Mumbai, India, the company has established a strong presence across major operational regions, catering to a diverse clientele. Founded in 1995, Nippon Life India has achieved significant milestones, including becoming one of the largest mutual fund houses in India. The firm offers a comprehensive range of financial products and services, including equity, debt, and hybrid mutual funds, which are distinguished by their innovative investment strategies and robust performance. With a commitment to delivering value to investors, Nippon Life India has garnered numerous accolades, solidifying its market position as a trusted asset management partner.
How does Nippon Life India Asset Management 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 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.
Nippon Life India Asset Management Limited's score of 29 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nippon Life India Asset Management Limited reported total carbon emissions of approximately 4,000,660 kg CO2e, comprising 2,310,400 kg CO2e from Scope 1, 1,625,660 kg CO2e from Scope 2, and 636,900 kg CO2e from Scope 3. This represents a slight increase in emissions compared to 2023, where total emissions were about 3,610,350 kg CO2e, with Scope 1 at 2,022,100 kg CO2e, Scope 2 at 1,538,360 kg CO2e, and Scope 3 at 355,890 kg CO2e. The company has demonstrated a commitment to transparency by disclosing emissions across all three scopes (1, 2, and 3) for the years 2022 to 2024. However, there are currently no specific reduction targets or climate pledges outlined in their reports. The absence of documented reduction initiatives suggests that while the company is actively monitoring its emissions, it has yet to establish formal commitments to reduce its carbon footprint. Overall, Nippon Life India Asset Management Limited's emissions data highlights the need for ongoing assessment and potential action towards more sustainable practices in the asset management industry.
Access structured emissions data, company-specific emission factors, and source documents
2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Scope 1 | 1,871,000 | 0,000 | 0,000,000 | 0,000,000 |
Scope 2 | 1,871,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | - | - | 000,000 | 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.
Nippon Life India Asset Management Limited 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.