National Payments Corporation of India Sustainability Profile
The National Payments Corporation of India (NPCI) is a pivotal entity in the Indian financial landscape, headquartered in Mumbai, India. Established in 2008, NPCI has revolutionised the payments industry by facilitating seamless digital transactions across the nation. It operates primarily in the fintech sector, focusing on innovative payment solutions that enhance financial inclusion. NPCI is renowned for its flagship products, including the Unified Payments Interface (UPI), National Electronic Funds Transfer (NEFT), and Immediate Payment Service (IMPS). These services stand out for their speed, security, and user-friendly interfaces, making digital payments accessible to millions. With a significant market share and recognition for its contributions to the digital economy, NPCI continues to lead the charge in transforming India's payment ecosystem.
DitchCarbon Score
How does National Payments Corporation 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.
Industry Average
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.
Industry Benchmark
National Payments Corporation of India's score of 28 is lower than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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National Payments Corporation of India's reported carbon emissions
In 2023, the National Payments Corporation of India (NPCI) reported total carbon emissions of approximately 12,769,630 kg CO2e, comprising 255,230 kg CO2e from Scope 1 and 12,514,400 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2022, where emissions were about 7,348,520 kg CO2e, with Scope 1 emissions at 681,120 kg CO2e and Scope 2 emissions at 6,638,400 kg CO2e. NPCI is committed to achieving carbon neutrality for both Scope 1 and Scope 2 emissions by 2030. This initiative includes promoting energy conservation and transitioning to green energy sources, reflecting their dedication to reducing their environmental footprint. The organisation's climate commitments are aligned with industry standards, aiming for substantial reductions in their carbon emissions over the near term. As of now, NPCI has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations. The emissions data is not cascaded from any parent organisation, ensuring that NPCI's commitments and performance are independently reported.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 681,120 | 000,000 |
| Scope 2 | 6,638,400 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is National Payments Corporation of India's Industry?
How Carbon Intensive is National Payments Corporation of India's Location?
National Payments Corporation of India's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
National Payments Corporation of India has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
