UTI Asset Management Company Limited
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.
DitchCarbon Score
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.
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
UTI Asset Management Company Limited's score of 45 is higher than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
UTI Asset Management Company Limited's reported carbon emissions
In 2023, UTI Asset Management Company Limited reported total carbon emissions of approximately 1,859,346 kg CO2e, comprising 7,430 kg CO2e from Scope 1, 1,856,910 kg CO2e from Scope 2, and 3,006 kg CO2e from Scope 3 emissions. This represents a significant reduction in emissions compared to 2022, where total emissions were about 3,339,154 kg CO2e, with Scope 1 emissions at 44,480 kg CO2e and Scope 2 emissions at 3,397,670 kg CO2e. For 2024, UTI Asset Management's emissions further decreased to approximately 5,695,850 kg CO2e, with Scope 1 emissions at 6,740 kg CO2e and Scope 2 emissions at 5,689,110 kg CO2e. Notably, there were no reported Scope 3 emissions for that year. Despite these reductions, UTI Asset Management has not publicly committed to specific reduction targets or initiatives, nor have they aligned with the Science Based Targets initiative (SBTi). Their ongoing efforts in managing carbon emissions reflect a commitment to sustainability, although further transparency regarding future climate commitments would enhance their environmental strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 44,480 | 0,000 | 0,000 |
| Scope 2 | 3,397,670 | 0,000,000 | 0,000,000 |
| Scope 3 | 2,004 | 0,000 | - |
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.
UTI Asset Management Company 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.
