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Public Profile
Textile Manufacturing
IN
updated 2 months ago

Nitin Spinners Limited Sustainability Profile

Company website

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.

5

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.

18

Industry Benchmark

Nitin Spinners Limited's score of 5 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

7%

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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. The company has shown a commitment to reducing its carbon footprint, with a reported Scope 1 and Scope 2 emission intensity of about 0.00988 kg CO2e per rupee of turnover. In 2022, the emissions were slightly lower, with Scope 1 emissions at 48,771,000 kg CO2e and Scope 2 emissions at 189,026,000 kg CO2e, indicating a trend towards increased emissions over the years. The emission intensity for that year was approximately 0.670 kg CO2e per rupee of turnover. Despite these figures, Nitin Spinners Limited has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company does not currently report on Scope 3 emissions, which encompass indirect emissions in the value chain. Overall, while Nitin Spinners Limited has made strides in tracking its emissions, the absence of formal reduction commitments suggests an opportunity for further engagement in climate action.

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202120222023
Scope 1
148,255,000
00,000,000
00,000,000
Scope 2
142,924,000
000,000,000
000,000,000
Scope 3
-
-
-

How Carbon Intensive is Nitin Spinners Limited's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Nitin Spinners Limited's primary industry is Textile Manufacturing, which is medium in terms of carbon intensity compared to other industries.

How Carbon Intensive is Nitin Spinners Limited's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Nitin Spinners Limited is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Nitin Spinners Limited's Emissions with Industry Peers

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Where does DitchCarbon data come from?

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