Piramal Enterprises Limited
Piramal Enterprises Limited, a prominent player in the Indian conglomerate landscape, is headquartered in Mumbai, India. Founded in 1984, the company has established itself across diverse sectors, including pharmaceuticals, financial services, and real estate. With a strong presence in both domestic and international markets, Piramal operates in key regions such as North America, Europe, and Asia. The company is renowned for its innovative pharmaceutical products, particularly in the areas of drug development and manufacturing. Its financial services division offers a range of solutions, including structured finance and investment management, while its real estate segment focuses on residential and commercial projects. Piramal's commitment to quality and sustainability has earned it a notable position in the market, making it a trusted name in various industries.
DitchCarbon Score
How does Piramal Enterprises 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 Pharmaceutical Preparation Manufacturing 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
Piramal Enterprises Limited's score of 58 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Piramal Enterprises Limited's reported carbon emissions
In 2024, Piramal Enterprises Limited reported total carbon emissions of approximately 56230000 kg CO2e for Scope 1, 79415000 kg CO2e for Scope 2, and 499659000 kg CO2e for Scope 3 emissions. This represents a comprehensive approach to emissions reporting, covering all three scopes. The Scope 3 emissions include significant contributions from purchased goods and services (191060000 kg CO2e) and the use of sold products (113702000 kg CO2e). In 2023, the company recorded similar emissions, with Scope 1 at about 55229000 kg CO2e, Scope 2 at 75494000 kg CO2e, and Scope 3 at 450639000 kg CO2e. The trend indicates a commitment to transparency in emissions reporting, with data disclosed across all relevant scopes. Piramal Enterprises has set near-term climate commitments, applying for Science Based Targets Initiative (SBTi) approval for both Scope 1 and Scope 2 emissions reduction targets, aiming for implementation between 2023 and 2025. While specific percentage reduction targets have not been disclosed, the application to SBTi signifies a commitment to align with global climate standards. Overall, Piramal Enterprises Limited demonstrates a proactive stance on climate action, with a clear framework for emissions tracking and reduction initiatives.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 40,881,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 86,928,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Piramal Enterprises 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.
