Nigeria Inter-Bank Settlement System PLC (NIBSS) is a pivotal player in the financial technology landscape of Nigeria, headquartered in Lagos. Established in 1993, NIBSS has significantly contributed to the evolution of the banking sector by providing robust inter-bank payment solutions across the nation. Operating primarily in Nigeria, NIBSS focuses on electronic payment systems, including the National Electronic Funds Transfer (NEFT) and the Instant Payment (NIP) services. These offerings are distinguished by their reliability and efficiency, facilitating seamless transactions among financial institutions. With a strong market position, NIBSS has achieved notable milestones, including the successful implementation of the Central Bank of Nigeria's cashless policy. As a leader in the industry, NIBSS continues to innovate, ensuring secure and efficient payment systems that enhance financial inclusion across the country.
How does Nigeria Inter-Bank Settlement System PLC'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 Business 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.
Nigeria Inter-Bank Settlement System PLC's score of 20 is lower than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nigeria Inter-Bank Settlement System PLC (NIBSS) currently does not have publicly available carbon emissions data, as there are no recorded emissions figures. Consequently, specific details regarding their Scope 1, 2, or 3 emissions are not available. In the absence of emissions data, it is important to note that NIBSS has not outlined any formal reduction targets or climate commitments. This lack of information suggests that the organisation may still be in the early stages of developing a comprehensive sustainability strategy. As the financial sector increasingly prioritises climate action, NIBSS may consider establishing measurable targets and initiatives to align with industry standards and contribute to broader climate goals.
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.
Nigeria Inter-Bank Settlement System PLC 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.