Nippon Life India Asset Management Limited
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Nippon Life India Asset Management Limited's score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Nippon Life India Asset Management Limited's reported carbon emissions
In 2023, Nippon Life India Asset Management Limited reported total carbon emissions of approximately 1,440,840 kg CO2e, comprising 52,200 kg CO2e from Scope 1, 1,439,250 kg CO2e from Scope 2, and 355,890 kg CO2e from Scope 3 emissions. This data indicates a comprehensive disclosure of their emissions across all relevant scopes. In 2022, the company recorded total emissions of about 2,054,130 kg CO2e, with Scope 1 emissions at 3,130 kg CO2e and Scope 2 emissions at 2,051,000 kg CO2e. The significant reduction in total emissions from 2022 to 2023 reflects a positive trend in their climate impact management. For 2021, Nippon Life India reported emissions of approximately 3,742,000 kg CO2e, with both Scope 1 and Scope 2 emissions equal at 1,871,000 kg CO2e each. This historical data highlights the company's efforts to reduce its carbon footprint over the years. Despite the detailed emissions reporting, there are currently no specified reduction targets or climate pledges documented, indicating a potential area for future commitment. The company’s emissions intensity metrics, such as Scope 1 and 2 emissions per rupee of turnover, suggest ongoing monitoring of their environmental impact relative to financial performance. Overall, Nippon Life India Asset Management Limited demonstrates a commitment to transparency in emissions reporting, with a clear trajectory of emissions reduction, although further climate commitments could enhance their sustainability profile.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 1,871,000 | 0,000 | 00,000 |
| Scope 2 | 1,871,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 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.
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.
