Nitin Spinners Limited Sustainability Profile
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 5 is lower than 92% 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 80,731,000 kg CO2e, comprising 50,848,000 kg CO2e from Scope 1 and 229,883,000 kg CO2e from Scope 2 emissions. This data reflects a commitment to transparency in their environmental impact, although no Scope 3 emissions data has been disclosed. The company has shown a slight increase in emissions from 2022, where total emissions were about 237,797,000 kg CO2e, with Scope 1 at 48,771,000 kg CO2e and Scope 2 at 189,026,000 kg CO2e. In 2021, emissions were significantly higher, totalling approximately 291,179,000 kg CO2e, with Scope 1 at 148,255,000 kg CO2e and Scope 2 at 142,924,000 kg CO2e. Nitin Spinners Limited has not set specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The absence of defined reduction strategies indicates a potential area for improvement in their climate action framework. Overall, while Nitin Spinners Limited has made strides in emissions reporting, the lack of reduction commitments and initiatives suggests that further action may be necessary to align with industry standards for climate responsibility.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 148,255,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 142,924,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - |
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Nitin Spinners Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nitin Spinners Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
