Nykaa E- Retail Private Limited
Nykaa E-Retail Private Limited, commonly known as Nykaa, is a leading player in the Indian beauty and wellness industry, headquartered in Mumbai, India. Founded in 2012, Nykaa has rapidly established itself as a trusted online destination for cosmetics, skincare, haircare, and wellness products, catering to a diverse clientele across major urban regions in India. The company offers a unique blend of over 1,500 brands, including both international and homegrown labels, ensuring a comprehensive selection for beauty enthusiasts. Nykaa's commitment to authenticity and quality has garnered a loyal customer base, positioning it as a market leader in the e-commerce beauty sector. Notable milestones include its successful IPO in 2021, which marked a significant achievement in the Indian retail landscape. With a focus on innovation and customer experience, Nykaa continues to redefine beauty retail in India.
DitchCarbon Score
How does Nykaa E- Retail Private 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 Machinery and Equipment 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
Nykaa E- Retail Private Limited's score of 11 is lower than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Nykaa E- Retail Private Limited's reported carbon emissions
In 2023, Nykaa E-Retail Private Limited reported total carbon emissions of approximately 2,840,000 kg CO2e from Scope 2 and about 182,000 kg CO2e from Scope 1. This indicates a significant carbon footprint, primarily driven by indirect emissions associated with energy consumption. For the following year, 2024, emissions increased, with Scope 1 emissions reaching about 223,000 kg CO2e and Scope 2 emissions rising to approximately 3,410,000 kg CO2e. This upward trend highlights the ongoing challenges in managing carbon emissions effectively. Despite these figures, Nykaa has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon footprint. The absence of a climate pledge or science-based targets suggests that the company may need to enhance its commitment to sustainability and climate action in the retail sector. Overall, while Nykaa's emissions data reflects a substantial environmental impact, the lack of defined reduction strategies indicates an opportunity for improvement in their climate commitments.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 182,000 | 000,000 |
| Scope 2 | 2,840,000 | 0,000,000 |
| 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.
Nykaa E- Retail Private 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.
