Netmagic Solutions Pvt. Ltd. Sustainability Profile
Netmagic Solutions Pvt. Ltd., a leading player in the Indian IT services industry, is headquartered in Mumbai, India. Founded in 1998, the company has established itself as a trusted provider of managed hosting, cloud services, and data centre solutions, catering to a diverse clientele across various sectors. With a strong focus on innovation, Netmagic has achieved significant milestones, including its recognition as a top-tier data centre service provider in India. The company’s unique offerings, such as its hybrid cloud solutions and robust disaster recovery services, set it apart in a competitive market. Netmagic's commitment to excellence has earned it a prominent position in the industry, making it a preferred choice for businesses seeking reliable and scalable IT infrastructure solutions.
DitchCarbon Score
How does Netmagic Solutions Pvt. Ltd.'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 Telecommunications Services 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
Netmagic Solutions Pvt. Ltd.'s score of 54 is higher than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Netmagic Solutions Pvt. Ltd., headquartered in India, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of NTT Communications Corporation, which is part of the larger Nippon Telegraph and Telephone Corporation (NTT). As such, any climate commitments or targets may be influenced by the sustainability initiatives of its parent organisations. While there are no documented reduction targets or climate pledges specific to Netmagic Solutions, it is important to note that the company may align with broader corporate sustainability goals set by NTT. This includes potential commitments to the Science Based Targets initiative (SBTi) as cascaded from NTT, which aims to reduce greenhouse gas emissions in line with climate science. In summary, while Netmagic Solutions Pvt. Ltd. does not currently provide specific emissions data or reduction targets, it operates under the sustainability framework established by its parent company, NTT, which may guide its future climate commitments.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 15,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000 | 0,000,000 | - | - | 00,000,000 |
| Scope 2 | 663,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | - | - | 00,000,000 |
| Scope 3 | - | - | 0,000,000,000 | - | 0,000,000,000 | 0,000,000,000 | - | - | 0,000,000,000 |
How Carbon Intensive is Netmagic Solutions Pvt. Ltd.'s Industry?
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Netmagic Solutions Pvt. Ltd.'s Scope 3 Categories Breakdown
Netmagic Solutions Pvt. Ltd.'s Scope 3 emissions, which decreased by 42% last year and decreased by approximately 49% since 2017, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 47% of Scope 3 emissions.
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Netmagic Solutions Pvt. Ltd.'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.
Netmagic Solutions Pvt. Ltd. has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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