Nipsea Group, a leading player in the coatings industry, is headquartered in Singapore (SG) and operates extensively across Asia, particularly in China and Southeast Asia. Founded in 1962, Nipsea has established itself as a prominent manufacturer of decorative paints, industrial coatings, and protective coatings, catering to both residential and commercial markets. The company is renowned for its innovative products, including water-based paints and eco-friendly solutions, which set it apart in a competitive landscape. With a commitment to sustainability and quality, Nipsea has achieved significant milestones, including numerous awards for product excellence and environmental responsibility. As a key market leader, Nipsea continues to expand its footprint, driving growth and innovation in the coatings sector.
How does Nipsea'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.
Nipsea's score of 29 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Nipsea reported total carbon emissions of approximately 243,485,400 kg CO2e, comprising 50,955,200 kg CO2e from Scope 1 and 192,530,200 kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Nipsea has not set specific reduction targets or initiatives as part of its climate commitments, indicating a potential area for future development in their sustainability strategy. The absence of documented reduction targets suggests that while the company is actively measuring its emissions, it may need to enhance its climate action framework to align with industry standards and expectations. Overall, Nipsea's emissions data highlights the significant environmental impact of its operations, particularly in Scope 2 emissions, which are primarily associated with energy consumption. As the company continues to assess its carbon footprint, establishing clear reduction goals could be crucial for improving its sustainability profile and meeting global climate commitments.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Scope 1 | 21,439,380 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 139,406,584 | 000,000,000 | 000,000,000 | 000,000,000 |
Scope 3 | - | - | - | - |
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.
Nipsea 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.