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 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 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, the NPCI's emissions for 2024 saw a significant increase, with Scope 1 emissions rising to 255,230 kg CO2e and Scope 2 emissions escalating to 12,514,400 kg CO2e. Despite these fluctuations in emissions, NPCI has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of a climate pledge or Science-Based Targets Initiative (SBTi) commitments indicates a need for further action in addressing climate change. As a leading entity in the payments sector, NPCI's climate commitments are crucial for setting industry standards and promoting sustainability within the financial technology landscape in India.
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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 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.
