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 6 is lower than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 reliance on indirect emissions associated with energy consumption, as Scope 2 emissions dominate their carbon footprint. For the following year, 2024, emissions increased, with Scope 1 emissions rising to about 223,000 kg CO2e and Scope 2 emissions reaching approximately 3,410,000 kg CO2e. This upward trend highlights the need for enhanced climate strategies and emissions management. Currently, Nykaa has not disclosed any specific reduction targets or initiatives aimed at mitigating their carbon emissions. The absence of defined climate commitments suggests that the company may need to develop a more robust sustainability framework to address its environmental impact effectively.
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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 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.
