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Pharmaceutical Preparation Manufacturing
IN
updated 2 months ago

Alkem Laboratories Sustainability Profile

Company website

Alkem Laboratories Limited, a prominent player in the pharmaceutical industry, is headquartered in Mumbai, India. Founded in 1973, the company has established a strong presence in various operational regions, including North America, Europe, and Asia. Alkem is renowned for its extensive portfolio of generic and branded formulations, as well as active pharmaceutical ingredients (APIs), catering to diverse therapeutic areas such as anti-infectives, cardiology, and gastroenterology. With a commitment to quality and innovation, Alkem Laboratories has achieved significant milestones, including numerous approvals from regulatory authorities worldwide. The company is recognised for its robust research and development capabilities, which underpin its unique product offerings. Alkem's market position is further solidified by its consistent growth and notable achievements, making it a trusted name in the global healthcare landscape.

DitchCarbon Score

How does Alkem Laboratories'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.

20

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.

31

Industry Benchmark

Alkem Laboratories's score of 20 is lower than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

19%

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Alkem Laboratories's reported carbon emissions

In 2024, Alkem Laboratories reported total carbon emissions of approximately 101,568,000 kg CO2e, comprising 19,249,000 kg CO2e from Scope 1 and 82,319,000 kg CO2e from Scope 2 emissions. This data reflects a consistent reporting of emissions over the past few years, with similar figures reported in 2023, where total emissions were also about 101,568,000 kg CO2e. Alkem Laboratories has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which suggests that while emissions are being tracked, formal commitments to reduction strategies are currently absent. The emissions intensity for Scope 1 and Scope 2 combined is reported at approximately 2.334e-05 kg CO2e per rupee of turnover, with a physical output intensity of about 2,140 kg CO2e per tonne. This data highlights the company's operational efficiency in relation to its emissions. Overall, while Alkem Laboratories has made strides in emissions reporting, the absence of reduction targets and commitments may limit its climate leadership within the pharmaceutical industry.

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202220232024
Scope 1
15,773,000
00,000,000
00,000,000
Scope 2
78,502,000
00,000,000
00,000,000
Scope 3
-
-
-

How Carbon Intensive is Alkem Laboratories's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Alkem Laboratories's primary industry is Pharmaceutical Preparation Manufacturing, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Alkem Laboratories's Location?

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. This request for Alkem Laboratories is in IN, which has a very high grid carbon intensity relative to other regions.

Alkem Laboratories'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.

Alkem Laboratories 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Alkem Laboratories's Emissions with Industry Peers

Mankind Pharma

IN
•
Pharmaceutical Preparation Manufacturing
Updated about 15 hours ago

Glenmark Pharmaceuticals

IN
•
Pharmaceutical Preparation Manufacturing
Updated about 15 hours ago

Merck And Co

US
•
Pharmaceutical Preparation Manufacturing
Updated about 15 hours ago

Ipca Laboratories

IN
•
Pharmaceutical Preparation Manufacturing
Updated about 13 hours ago

Viatris

US
•
Pharmaceutical Preparation Manufacturing
Updated about 15 hours ago

Zydus Lifesciences

IN
•
Pharmaceutical Preparation Manufacturing
Updated about 15 hours ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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