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 10 is lower than 99% 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 Management Limited's reported carbon emissions
In 2024, Nuvama Wealth Management Limited reported carbon emissions of approximately 2,878,000 kg CO2e, all attributed to Scope 2 emissions. This marked an increase from the previous year's emissions of about 2,059,000 kg CO2e in 2023. The company has not disclosed any data related to Scope 1 or Scope 3 emissions. Despite the increase in emissions, Nuvama has not set specific reduction targets or initiatives, nor have they made any climate pledges. This lack of defined commitments may reflect a broader industry context where many firms are still developing comprehensive climate strategies. As Nuvama continues to operate within the financial services sector, it is essential for them to consider establishing measurable climate commitments to align with global sustainability goals and enhance their environmental 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 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.
