Nitin Spinners Limited
Nitin Spinners Limited, a prominent player in the textile industry, is headquartered in India and operates extensively across various regions. Founded in 1993, the company has established itself as a leader in the production of high-quality cotton yarn and knitted fabrics, catering to both domestic and international markets. With a commitment to innovation and sustainability, Nitin Spinners offers a diverse range of products, including ring-spun yarns and value-added fabrics, which are distinguished by their superior quality and eco-friendly manufacturing processes. The company has achieved significant milestones, including certifications for quality and environmental management, solidifying its market position. Recognised for its excellence, Nitin Spinners Limited continues to drive growth and set benchmarks in the textile sector, making it a trusted name among manufacturers and retailers alike.
DitchCarbon Score
How does Nitin Spinners Limited'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 Textile Manufacturing 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
Nitin Spinners Limited's score of 11 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nitin Spinners Limited's reported carbon emissions
In 2023, Nitin Spinners Limited reported total carbon emissions of approximately 237,797,000 kg CO2e, comprising about 48,771,000 kg CO2e from Scope 1 and about 189,026,000 kg CO2e from Scope 2. This represents a slight increase in emissions compared to 2022, where total emissions were approximately 242,531,000 kg CO2e, with Scope 1 emissions at about 48,500,000 kg CO2e and Scope 2 emissions at about 193,531,000 kg CO2e. For 2024, the company anticipates total emissions of approximately 238,363,000 kg CO2e, with Scope 1 emissions projected at about 50,848,000 kg CO2e and Scope 2 emissions at about 229,883,000 kg CO2e. This indicates a continued focus on managing emissions, although specific reduction targets or initiatives have not been disclosed. Nitin Spinners Limited has not established any formal reduction targets or climate pledges, which may limit their ability to demonstrate a commitment to significant emissions reductions in line with industry standards. The company’s emissions intensity per rupee of turnover has shown some variation, with a reported intensity of 0.00988 for 2023 and 0.009662 for 2024, indicating a potential focus on improving efficiency relative to revenue. Overall, while Nitin Spinners Limited has made strides in tracking and reporting emissions, the absence of specific reduction commitments may pose challenges in aligning with broader climate goals.
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| 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 148,255,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 142,924,000 | 000,000,000 | 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.
Nitin Spinners Limited 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.
