Public Profile

Piramal

Piramal Enterprises Limited, commonly known as Piramal, is a leading global conglomerate headquartered in Mumbai, India. Founded in 1984, the company has established a strong presence in various sectors, including pharmaceuticals, financial services, and real estate. Piramal's pharmaceutical division, Piramal Pharma, is renowned for its innovative drug development and manufacturing solutions, catering to a diverse clientele across the globe. With a commitment to excellence, Piramal has achieved significant milestones, including strategic partnerships and expansions in key markets such as North America and Europe. The company’s core offerings, which include contract development and manufacturing services, are distinguished by their focus on quality and sustainability. Recognised for its robust market position, Piramal continues to drive growth and innovation, making it a formidable player in the global industry landscape.

DitchCarbon Score

How does Piramal'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.

54

Industry Average

Mean score of companies in the Medical Device 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.

4

Industry Benchmark

Piramal's score of 54 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

Piramal's reported carbon emissions

In 2024, Piramal Pharma Limited reported total carbon emissions of approximately 105,593,000 kg CO2e. This includes Scope 1 emissions of about 43,383,000 kg CO2e, Scope 2 emissions of around 62,210,000 kg CO2e, and significant Scope 3 emissions totalling approximately 499,659,000 kg CO2e. The Scope 3 emissions breakdown includes categories such as purchased goods and services, fuel and energy-related activities, and the use of sold products. Piramal has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by FY2030, using FY2022 as the baseline year. Additionally, the company targets a 25% reduction in absolute Scope 3 emissions within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to addressing climate change through measurable and actionable goals.

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201920202021202220232024
Scope 1
38,182,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
72,817,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 3
732,183
000,000
000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Piramal's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Piramal is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

Where does DitchCarbon data come from?

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