The National Stock Exchange of India (NSE) is a premier financial institution headquartered in Mumbai, India. Established in 1992, it has become a cornerstone of the Indian capital markets, facilitating trading in equities, derivatives, and debt instruments. The NSE is renowned for its electronic trading platform, which revolutionised the trading landscape in India, making it more accessible and efficient. With a significant market share, the NSE is the largest stock exchange in India by daily trading volume and is a key player in the Asia-Pacific region. Its flagship indices, such as the Nifty 50, serve as vital benchmarks for investors. The exchange's commitment to innovation and transparency has earned it numerous accolades, solidifying its position as a leader in the financial services industry.
How does National Stock Exchange Of India'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 Services Auxiliary to 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.
National Stock Exchange Of India's score of 30 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the National Stock Exchange of India (NSE) reported total carbon emissions of approximately 871,760,000 kg CO2e, comprising 6,308,000 kg CO2e from Scope 1, 40,707,000 kg CO2e from Scope 2, and a significant 871,760,000 kg CO2e from Scope 3 emissions. This marked a notable increase in emissions compared to previous years, reflecting the complexities of managing carbon footprints in a growing organisation. For 2024, NSE's emissions are projected to be around 969,212,000 kg CO2e, with Scope 1 emissions at 7,606,000 kg CO2e, Scope 2 at 42,356,000 kg CO2e, and Scope 3 emissions continuing to dominate at 969,212,000 kg CO2e. The increase in Scope 3 emissions highlights the challenges in addressing indirect emissions associated with business travel, employee commuting, and purchased goods and services. Despite these figures, NSE has not disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The organisation's emissions intensity has been reported at approximately 0.14 tonnes CO2e per unit of physical output for Scope 1 and 2, and 2,700 kg CO2e for Scope 3, indicating a need for strategic planning to enhance sustainability efforts. Overall, while NSE has made strides in transparency regarding its emissions, the absence of defined reduction targets suggests an opportunity for further commitment to climate action and sustainability within the financial sector.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 155,308,000 | 0,000,000 | 0,000,000 |
Scope 2 | 28,289,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | 000,000,000 | 000,000,000 |
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.
National Stock Exchange Of India 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.