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 Financial Intermediation 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 24 is higher than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Nse Clearing Limited reported total carbon emissions of approximately 4,503,000 kg CO2e, comprising 7,000 kg CO2e from Scope 1 and about 4,496,000 kg CO2e from Scope 2 emissions. This marks a significant reduction from 2023, where emissions were about 2,221,000 kg CO2e from Scope 2 and 3,000 kg CO2e from Scope 1, totalling approximately 2,224,000 kg CO2e. In 2022, the company had much higher emissions, with Scope 1 at approximately 77,781,210 kg CO2e and Scope 2 at about 36,458,400 kg CO2e, resulting in total emissions of around 114,239,610 kg CO2e. This indicates a substantial decrease in emissions over the two-year period. Despite these reductions, Nse Clearing Limited has not set specific reduction targets or made climate pledges, which may limit their long-term climate strategy. The company has disclosed emissions data for Scope 1 and Scope 2 but has not reported on Scope 3 emissions. Overall, Nse Clearing Limited's commitment to reducing its carbon footprint is evident through its decreasing emissions, although further transparency and commitment to reduction targets would enhance its climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 77,781,210 | 0,000 | 0,000 |
Scope 2 | 36,458,400 | 0,000,000 | 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 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.