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Public Profile
Business Services
NG
updated 5 months ago

Nigeria Inter-Bank Settlement System PLC

Company website

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.

DitchCarbon Score

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.

20

Industry Average

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.

25

Industry Benchmark

Nigeria Inter-Bank Settlement System PLC's score of 20 is lower than 84% of the industry. This can give you a sense of how well the company is doing compared to its peers.

16%

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Nigeria Inter-Bank Settlement System PLC's reported carbon emissions

Nigeria Inter-Bank Settlement System PLC currently does not have any reported carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Additionally, there are no documented reduction targets or climate pledges associated with the organisation. This lack of data suggests that Nigeria Inter-Bank Settlement System PLC may not have established formal climate commitments or initiatives at this time. In the context of the financial services industry, many organisations are increasingly focusing on sustainability and carbon reduction strategies. However, without specific emissions data or commitments, it is challenging to assess Nigeria Inter-Bank Settlement System PLC's position in this evolving landscape. As the global emphasis on climate action intensifies, it may be beneficial for the organisation to consider developing measurable targets and initiatives to align with industry standards and expectations.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nigeria Inter-Bank Settlement System PLC's primary industry is Other business services (74), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Nigeria Inter-Bank Settlement System PLC is in NG, which has a medium grid carbon intensity relative to other regions.

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.

Nigeria Inter-Bank Settlement System PLC 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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