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.
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.
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.
Piramal Enterprises Limited's score of 52 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Piramal Enterprises Limited reported total carbon emissions of approximately 98,073,000 kg CO2e. This figure includes 24,300 kg CO2e from Scope 1 emissions, 5,535,220 kg CO2e from Scope 2 emissions, and a significant 450,639,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions encompass various categories, with the largest contributions coming from purchased goods and services (137,241,000 kg CO2e) and the use of sold products (111,731,000 kg CO2e). For the year 2024, the company’s total emissions increased to about 105,593,000 kg CO2e, with Scope 1 emissions at 43,383,000 kg CO2e, Scope 2 emissions at 62,210,000 kg CO2e, and Scope 3 emissions reaching 499,659,000 kg CO2e. This trend indicates a growing carbon footprint, particularly in Scope 3 emissions, which are often the most challenging to manage. Piramal Enterprises has not disclosed specific reduction targets or initiatives as part of their climate commitments. However, the company is actively monitoring its emissions across all scopes and has reported comprehensive data on its carbon footprint. The absence of formal reduction targets suggests a potential area for future development in their sustainability strategy.
Access structured emissions data, company-specific emission factors, and source documents
2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|
Scope 1 | 38,182,000 | 00,000,000 | 00,000,000 | 00,000 | 00,000 | 00,000,000 |
Scope 2 | 72,817,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
Scope 3 | 732,183 | 000,000 | 000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.