UTI Asset Management Company Limited, commonly referred to as UTI AMC, is a prominent player in the Indian asset management industry, headquartered in Mumbai, India. Established in 1964, UTI AMC has a rich history marked by significant milestones, including being one of the first mutual fund companies in India. The firm primarily focuses on mutual funds, portfolio management services, and alternative investment funds, catering to a diverse clientele ranging from individual investors to institutional clients. UTI AMC is renowned for its innovative investment solutions and robust risk management practices, which set it apart in a competitive market. With a strong presence across major operational regions in India, UTI AMC has consistently maintained a leading market position, recognised for its commitment to transparency and investor education. Its dedication to delivering value-driven investment strategies has earned it numerous accolades, solidifying its reputation as a trusted asset management partner.
How does UTI Asset Management Company 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.
UTI Asset Management Company Limited's score of 29 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, UTI Asset Management Company Limited reported total carbon emissions of approximately 2,108,746 kg CO2e, comprising 8,740 kg CO2e from Scope 1, 2,100,700 kg CO2e from Scope 2, and 3,006 kg CO2e from Scope 3 emissions. This represents a notable increase in emissions compared to 2022, where total emissions were about 3,474,154 kg CO2e, with Scope 1 emissions at 44,480 kg CO2e, Scope 2 at 3,397,670 kg CO2e, and Scope 3 at 2,004 kg CO2e. Despite the increase in emissions, UTI Asset Management has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The company does not appear to have cascaded emissions data from a parent organization, indicating that their reported figures are independently sourced. Overall, UTI Asset Management Company Limited's emissions profile highlights the need for enhanced climate strategies and commitments to effectively manage and reduce their carbon footprint in the coming years.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | |
---|---|---|
Scope 1 | 44,480 | 0,000 |
Scope 2 | 3,397,670 | 0,000,000 |
Scope 3 | 2,004 | 0,000 |
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.
UTI Asset Management Company 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.