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Nuvama Wealth and Investment Limited
Nuvama Wealth and Investment Limited, formerly known as Edelweiss Wealth Management, is a prominent player in the financial services industry, headquartered in India. Established in 1995, the company has evolved significantly, focusing on wealth management, investment advisory, and asset management services across major operational regions in India. Nuvama offers a diverse range of core products, including portfolio management services, mutual funds, and financial planning solutions, distinguished by their client-centric approach and innovative strategies. With a commitment to delivering tailored investment solutions, Nuvama has positioned itself as a trusted partner for individuals and institutions alike. The firm’s notable achievements reflect its strong market presence and dedication to excellence in wealth management.
DitchCarbon Score
How does Nuvama Wealth and Investment 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
Nuvama Wealth and Investment Limited's score of 10 is lower than 95% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nuvama Wealth and Investment Limited's reported carbon emissions
In 2024, Nuvama Wealth and Investment Limited reported carbon emissions of approximately 2,878,000 kg CO2e, all of which fall under Scope 2 emissions. This represents an increase from the previous year's emissions of about 2,059,000 kg CO2e in 2023. The data indicates that Nuvama is currently not disclosing any Scope 1 or Scope 3 emissions. Nuvama's emissions data is cascaded from its parent company, Nuvama Wealth Management Limited, which is classified as a current subsidiary. However, there are no specific reduction targets or climate pledges outlined in their reports, indicating a potential area for improvement in their climate commitments. Overall, while Nuvama Wealth and Investment Limited has made strides in tracking its carbon footprint, the absence of reduction initiatives or targets suggests that further action may be necessary to align with industry standards for climate responsibility.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | - | - |
| Scope 2 | 2,059,000 | 0,000,000 |
| Scope 3 | - | - |
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.
Nuvama Wealth and Investment 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.
