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 27 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 4,000,960 kg CO2e, comprising 2,310,400 kg CO2e from Scope 1 and 1,625,660 kg CO2e from Scope 2, along with 636,900 kg CO2e from Scope 3 emissions. This marks a notable increase in emissions compared to previous years, where in 2023, the total was about 3,800,350 kg CO2e, with 2,022,100 kg CO2e from Scope 1, 1,538,360 kg CO2e from Scope 2, and 355,890 kg CO2e from Scope 3. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to report its emissions data, which is essential for transparency and accountability in its environmental impact. The absence of defined reduction targets suggests that Nippon Life India Asset Management Limited may be in the early stages of developing a comprehensive climate strategy. Overall, the firm’s emissions data highlights the importance of ongoing monitoring and potential future commitments to reduce its carbon footprint in alignment with global climate goals.
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 committed to any 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.