Nykaa E- Retail Private Limited Sustainability Profile
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 13 is lower than 91% 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 2024, Nykaa E-Retail Private Limited reported total carbon emissions of approximately 3,563,000 kg CO2e, comprising 223,000 kg CO2e from Scope 1 and 3,340,000 kg CO2e from Scope 2. This marks a slight increase from 2023, where emissions were about 2,962,000 kg CO2e, with 182,000 kg CO2e from Scope 1 and 2,840,000 kg CO2e from Scope 2. Nykaa has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations and energy use. The company has not set specific reduction targets or climate pledges, nor does it appear to have cascaded any targets from parent or related organizations, such as FSN E-Commerce Ventures Limited, which is noted as a source for their emissions data. Overall, Nykaa's emissions intensity per rupee of turnover has been reported at 2.0e-06 for 2024 and 1.0e-06 for 2023, reflecting their operational efficiency in relation to revenue. As a current subsidiary, Nykaa's emissions data is inherited from its corporate family, but no significant climate commitments or reduction initiatives have been outlined.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 182,000 | 000,000 |
| Scope 2 | 2,840,000 | 0,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Nykaa E- Retail Private Limited's Industry?
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Nykaa E- Retail Private Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Nykaa E- Retail Private Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
