NSE Clearing Limited, commonly referred to as NSECL, is a prominent clearing corporation headquartered in India. Established in 2016, it plays a pivotal role in the Indian financial market, primarily focusing on clearing and settlement services for various asset classes, including equities, derivatives, and commodities. NSECL is a subsidiary of the National Stock Exchange of India (NSE), which enhances its credibility and operational efficiency. The company is renowned for its robust risk management framework and innovative technology solutions, ensuring secure and efficient transactions. With a commitment to maintaining high standards of transparency and reliability, NSE Clearing Limited has positioned itself as a leader in the clearing and settlement industry, contributing significantly to the growth of India's capital markets.
How does Nse Clearing 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.
Mean score of companies in the 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.
Nse Clearing Limited's score of 16 is lower than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Nse Clearing Limited reported total carbon emissions of approximately 2,221,000 kg CO2e from Scope 2 and about 3,000 kg CO2e from Scope 1. This indicates a significant reliance on indirect emissions, primarily from energy consumption. For 2024, emissions increased, with Scope 1 emissions rising to about 7,000 kg CO2e and Scope 2 emissions reaching approximately 4,496,000 kg CO2e. This upward trend highlights the need for enhanced climate strategies and reduction initiatives. Currently, Nse Clearing Limited has not established specific reduction targets or climate pledges, which may limit their ability to effectively address their carbon footprint. As the organisation continues to operate within the financial sector, it is crucial for them to develop and implement robust climate commitments to align with industry standards and expectations.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2023 | 2024 | |
---|---|---|
Scope 1 | 3,000 | 0,000 |
Scope 2 | 2,219,000 | 0,000,000 |
Scope 3 | - | - |
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.
Nse Clearing Limited 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.