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.
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.
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 Payments Corporation of India's score of 22 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, the National Payments Corporation of India (NPCI) reported total carbon emissions of approximately 2,829,800 kg CO2e from Scope 2 and 24,800 kg CO2e from Scope 1. This marked a reduction in Scope 1 emissions from 27,480 kg CO2e in 2022, while Scope 2 emissions decreased from 3,133,200 kg CO2e in the same year. However, projections for 2024 indicate a significant increase in emissions, with Scope 1 expected to rise to 255,230 kg CO2e and Scope 2 to 12,514,400 kg CO2e. Despite these fluctuations in emissions, NPCI has not publicly committed to specific reduction targets or initiatives, nor have they joined any formal climate pledges. The organisation's emissions data reflects its operational impact, but without defined climate commitments, the future trajectory of its carbon footprint remains uncertain.
Access structured emissions data, company-specific emission factors, and source documents
Get Started2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 27,480 | 00,000 | 000,000 |
Scope 2 | 3,133,200 | 0,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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 Payments Corporation 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.