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Biocon
Pharmaceutical Preparation ManufacturingIndiaNSE: BIOCON.NS
Last verified 27 days agobiocon.com
Biocon Limited, commonly referred to as Biocon, is a leading Indian pharmaceutical preparation manufacturer headquartered in Bangalore, India. Established in 1978, the company has grown to become a prominent player in the global biopharmaceutical industry, with a strong presence across Asia, North America, and Europe.
Specialising in the development and manufacturing of biosimilars, generic pharmaceuticals, and novel biologics, Biocon is recognised for its innovative approach to healthcare solutions. Its core products include insulin, monoclonal antibodies, and other biopharmaceuticals that address a range of therapeutic areas such as diabetes, oncology, and autoimmune diseases.
Biocon’s commitment to quality and affordability has earned it a notable market position, making it one of India’s most respected biopharmaceutical companies. Its focus on research and development continues to drive its reputation as a pioneer in the pharmaceutical preparation manufacturing industry.
58
DitchCarbon score
+18 vs industry average
Biocon’s score of 58 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
Industry performance
0.243
02025
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Biocon's reported carbon emissions
Biocon, a pharmaceutical preparation manufacturer headquartered in India, reported a total of approximately 266.2 billion kg CO2e for the year 2024. This includes Scope 1 emissions of about 38.4 million kg CO2e, Scope 2 emissions of approximately 117.0 million kg CO2e, and Scope 3 emissions totalling about 126.1 million kg CO2e.
In 2023, Biocon's Scope 1 emissions were approximately 45.7 million kg CO2e, and its Scope 2 emissions amounted to roughly 138.5 million kg CO2e. The company also reported Scope 3 emissions for 2022, with business travel accounting for about 1.2 million kg CO2e, employee commute at approximately 7.0 million kg CO2e, purchased goods and services at around 54.7 million kg CO2e, and waste generated in operations at about 6.3 million kg CO2e.
Biocon is committed to reducing its environmental impact. The company has set a near-term target to decrease its Scope 1 and Scope 2 emissions by 25% by the end of FY29, using FY20 data as the baseline. Biocon is reportedly on track to achieve this near-term goal. In addition, Syngene, a part of Biocon, has a long-term target of a 50% reduction in GHG emissions by FY33.
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Biocon’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Not active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Biocon27 days ago
58
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