Public Profile

Concord Biotech

Concord Biotech Ltd, a leading biopharmaceutical company headquartered in India, has established itself as a key player in the global biotechnology industry since its inception in 2000. With a strong focus on the development and manufacturing of biopharmaceuticals, the company operates primarily in India and has expanded its reach to various international markets. Specialising in the production of biosimilars and active pharmaceutical ingredients (APIs), Concord Biotech is renowned for its commitment to quality and innovation. The company’s core products include a range of biosimilars that cater to therapeutic areas such as oncology and autoimmune diseases, setting them apart through rigorous research and development processes. Recognised for its significant contributions to the biopharmaceutical sector, Concord Biotech has achieved notable milestones, including successful product launches and strategic partnerships, solidifying its position as a trusted name in the industry.

DitchCarbon Score

How does Concord Biotech'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 Metal Fabrication 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.

15

Industry Benchmark

Concord Biotech's score of 20 is higher than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.

93%

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Concord Biotech's reported carbon emissions

In 2024, Concord Biotech reported total carbon emissions of approximately 56,740,860 kg CO2e, comprising 14,340,180 kg CO2e from Scope 1 and 42,409,680 kg CO2e from Scope 2. In 2023, the company had similar emissions, with 13,460,580 kg CO2e from Scope 1 and 39,507,900 kg CO2e from Scope 2, resulting in a total of about 52,968,480 kg CO2e. Notably, there were no reported emissions from Scope 3 in both years. Concord Biotech has not disclosed any specific reduction targets or initiatives as part of their climate commitments. However, the company continues to monitor and report its emissions, indicating a commitment to transparency in its environmental impact. The emissions intensity per rupee of turnover has shown a decreasing trend, with values of approximately 5.58e-12 in 2024 and 6.21e-12 in 2023, suggesting improvements in operational efficiency relative to revenue.

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202220232024
Scope 1
13,460,580
00,000,000
00,000,000
Scope 2
39,507,900
00,000,000
00,000,000
Scope 3
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Concord Biotech's primary industry is Fabricated metal products, except machinery and equipment (28), 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. This request for Concord Biotech is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Concord Biotech 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.

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

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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