National Payments Corporation of India
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 22 is lower than 87% 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 2,829,800 kg CO2e from Scope 2 and about 24,800 kg CO2e from Scope 1. This reflects a decrease in Scope 1 emissions from 27,480 kg CO2e in 2022, while Scope 2 emissions also saw a reduction from 3,133,200 kg CO2e in the previous year. However, NPCI has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of defined climate pledges or Science-Based Targets Initiative (SBTi) commitments indicates a potential area for improvement in their sustainability strategy. Overall, NPCI's emissions data highlights a commitment to reducing their carbon impact, but further transparency regarding their climate commitments and future reduction strategies would enhance their environmental accountability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 27,480 | 00,000 | 000,000 |
| Scope 2 | 3,133,200 | 0,000,000 | 00,000,000 |
| 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.
National Payments Corporation of India 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.
