Sundaram India Midcap Fund, a prominent player in the Indian mutual fund industry, is headquartered in Singapore (SG) and operates primarily in the Indian financial markets. Founded in 1996, the fund has established itself as a key provider of investment solutions, focusing on mid-cap equities that offer significant growth potential. With a commitment to delivering superior returns, Sundaram India Midcap Fund distinguishes itself through its rigorous research-driven approach and a diversified portfolio strategy. The fund has achieved notable milestones, including recognition for its consistent performance and risk-adjusted returns, positioning it as a trusted choice for investors seeking exposure to India's dynamic mid-cap sector.
How does Sundaram India Midcap Fund'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 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.
Sundaram India Midcap Fund's score of 30 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Sundaram India Midcap Fund reported total emissions of approximately 13,846,300 kg CO2e from Scope 3, specifically in downstream transportation and distribution, while Scope 1 and 2 emissions were minimal at about 156 kg CO2e. This marks a significant increase in Scope 3 emissions compared to 2022, where total emissions were approximately 10,235,500 kg CO2e for Scope 3 and 4,519,300 kg CO2e for Scope 1 and 2. For 2024, the fund's emissions data indicates a slight decrease in Scope 1 and 2 emissions to about 127.5 kg CO2e, while Scope 3 emissions remained high at approximately 14,822,700 kg CO2e. Despite these figures, Sundaram India Midcap Fund has not established specific reduction targets or climate pledges, indicating a potential area for improvement in their climate commitments. The absence of documented reduction initiatives suggests that the fund may need to enhance its strategies to address its carbon footprint effectively.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | - | - | - |
Scope 2 | - | - | - |
Scope 3 | 10,235,500 | 00,000,000 | 000.0 |
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.
Sundaram India Midcap Fund 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.