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 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 significant commitment to transparency in their climate impact, although no Scope 3 emissions data has been disclosed. The company has shown a reduction in emissions intensity, with a Scope 1 and 2 emission intensity of about 0.00988 kg CO2e per rupee of turnover in 2023. This is a slight improvement from the previous year, where the intensity was approximately 0.009662 kg CO2e per rupee of turnover. Nitin Spinners Limited has not set specific reduction targets or climate pledges, indicating a potential area for future commitment. The emissions data is not cascaded from any parent organization, ensuring that the figures are solely representative of Nitin Spinners Limited's operations. Overall, while Nitin Spinners Limited has made strides in emissions reporting and intensity reduction, the absence of formal reduction targets suggests an opportunity for enhanced climate action in alignment with industry standards.
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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 | - | - | - |
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.
