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.
-5 vs industry average
Nipsea’s score of 27 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Business Services has below-average carbon intensity
Industry performance
The Business Services industry has increased its overall emissions by 24% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Nipsea's reported carbon emissions
In 2024, Nipsea reported total carbon emissions of approximately 227.4 million kg CO2e, comprising 65,572,200 kg CO2e from Scope 1, 152,687,700 kg CO2e from Scope 2, and 71,885,400 kg CO2e from Scope 3 emissions related to waste generated in operations. This data is cascaded from the NIPSEA Group, reflecting their commitment to transparency in environmental reporting. Comparatively, in 2023, Nipsea's total emissions were approximately 215.1 million kg CO2e, with Scope 1 emissions at 52,430,000 kg CO2e, Scope 2 at 145,834,000 kg CO2e, and Scope 3 at 63,763,000 kg CO2e. This indicates a slight increase in emissions year-on-year. Nipsea has not set specific reduction targets or initiatives as per the latest data, and there are no documented climate pledges. The company operates under the NIPSEA Group, which is a subsidiary of Nippon Paint Holdings Co., Ltd., and inherits emissions data from this corporate family structure. Overall, Nipsea's emissions data highlights the ongoing challenges in reducing carbon footprints within the industry, while their lack of defined reduction targets suggests an area for potential improvement in their climate commitments.
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Nipsea’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Nipsea yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
Inherited from Nippon Paint Holdings Co., Ltd.
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Nipsea
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