Nipsea
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.
DitchCarbon Score
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.
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.
Industry Benchmark
Nipsea's score of 25 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Nipsea's reported carbon emissions
In 2022, Nipsea reported total greenhouse gas 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. This reflects a significant commitment to transparency in their climate impact. Over the years, Nipsea has demonstrated varying emissions levels. For instance, in 2021, their total emissions were about 242,325,000 kg CO2e, with Scope 1 emissions at 52,825,000 kg CO2e and Scope 2 emissions at 189,500,000 kg CO2e. The company has shown a reduction in emissions intensity, with a GHG emissions intensity ratio of approximately 48,000 kg CO2e per unit of production in 2022, compared to 40,200 kg CO2e in 2021. Despite these figures, Nipsea has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of defined targets suggests an opportunity for the company to enhance its climate commitments and align with industry standards for sustainability. Overall, while Nipsea has made strides in emissions reporting, further clarity on reduction strategies and commitments would strengthen its position in the global effort to combat climate change.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|
| Scope 1 | 21,439,380 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 139,406,584 | 000,000,000.0 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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.
Nipsea 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.
