Nuvama Wealth Management Limited
Nuvama Wealth Management Limited, formerly known as Edelweiss Wealth Management, is a prominent player in the financial services industry, headquartered in India. Established in 1995, the firm has evolved significantly, marking key milestones in wealth management and investment advisory services across major operational regions in India. Specialising in a diverse range of financial solutions, Nuvama offers unique products such as portfolio management services, mutual funds, and comprehensive financial planning. Their commitment to personalised service and innovative investment strategies sets them apart in a competitive market. With a strong reputation for excellence, Nuvama Wealth Management has positioned itself as a trusted partner for clients seeking to grow and manage their wealth effectively.
DitchCarbon Score
How does Nuvama Wealth 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
Nuvama Wealth Management Limited's score of 14 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nuvama Wealth Management Limited's reported carbon emissions
In 2024, Nuvama Wealth Management Limited reported carbon emissions of approximately 2,878,000 kg CO2e, with no emissions recorded under Scope 1, indicating a focus on indirect emissions. The company's Scope 2 emissions for 2023 were about 2,059,000 kg CO2e. Despite these figures, Nuvama has not established specific reduction targets or initiatives, nor have they made any climate pledges. This lack of defined commitments may reflect a broader industry trend where financial institutions are increasingly scrutinised for their environmental impact and climate strategies. As Nuvama continues to navigate its carbon footprint, the emphasis on Scope 2 emissions highlights the importance of energy consumption in their operations. The absence of Scope 1 emissions suggests a potential reliance on external energy sources, which could be an area for future sustainability improvements.
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Get Started| 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 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.
