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 75% 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 2,310,400 kg CO2e for Scope 1 and 1,625,660 kg CO2e for Scope 2, alongside 636,900 kg CO2e for Scope 3 emissions. This reflects a commitment to transparency in their emissions reporting, covering all three scopes. In 2023, the company recorded emissions of about 2,022,100 kg CO2e for Scope 1, 1,538,360 kg CO2e for Scope 2, and 355,890 kg CO2e for Scope 3. Notably, there was a significant reduction in Scope 1 emissions from 2022, where they were reported at approximately 3,130 kg CO2e, indicating a proactive approach to managing direct emissions. Despite these figures, Nippon Life India Asset Management Limited has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company continues to focus on improving its emissions intensity, with metrics indicating a reduction in emissions per unit of revenue over the years. Overall, Nippon Life India Asset Management Limited demonstrates a commitment to monitoring and reporting its carbon footprint, although further details on specific reduction strategies would enhance its climate action profile.
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.