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 95% 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 of which fall under Scope 2 emissions. This represents an increase from the previous year, 2023, when the company recorded about 2,059,000 kg CO2e in Scope 2 emissions. Nuvama has not disclosed any Scope 1 or Scope 3 emissions data, nor have they set specific reduction targets or climate pledges. The absence of documented reduction initiatives suggests that the company is currently focusing on understanding and managing its carbon footprint without formal commitments to emissions reductions. As a financial services provider headquartered in India, Nuvama's emissions data is self-reported and does not cascade from a parent company. The company is actively engaged in monitoring its environmental impact but has yet to establish formal climate commitments or reduction targets.
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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.
