Dr Reddys Laboratories
Dr. Reddy's Laboratories, a prominent player in the global pharmaceutical industry, is headquartered in Hyderabad, India. Founded in 1984, the company has established itself as a leader in the development and manufacturing of a wide range of generic medications, active pharmaceutical ingredients (APIs), and proprietary products. With a strong presence in markets across North America, Europe, and Asia, Dr. Reddy's is committed to providing affordable healthcare solutions. The company’s core offerings include generic formulations, biosimilars, and over-the-counter products, distinguished by their quality and innovation. Dr. Reddy's has achieved significant milestones, including numerous product launches and strategic partnerships, solidifying its market position. Recognised for its commitment to sustainability and patient-centric approach, Dr. Reddy's Laboratories continues to make strides in enhancing global health outcomes.
DitchCarbon Score
How does Dr Reddys 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.
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.
Industry Benchmark
Dr Reddys Laboratories's score of 83 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Dr Reddys Laboratories's reported carbon emissions
In 2024, Dr Reddy's Laboratories reported total greenhouse gas emissions of approximately 189,530,000 kg CO2e for Scope 1, 114,655,000 kg CO2e for Scope 2, and 866,992,000 kg CO2e for Scope 3. This represents a significant commitment to reducing their carbon footprint, with a target to achieve a 50.2% reduction in Scope 1 and 2 emissions per million USD revenue by FY2031, based on a FY2021 baseline. This equates to an absolute reduction of about 25%. Additionally, the company aims to reduce absolute Scope 3 emissions by 12.3% within the same timeframe. Dr Reddy's Laboratories has also committed to sourcing 100% renewable power by 2030, further enhancing their sustainability initiatives. The emissions data and reduction targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their goals are consistent with the global effort to limit temperature rise to well below 2°C. The company has demonstrated a proactive approach to climate commitments, with a clear focus on both operational and supply chain emissions, reflecting a comprehensive strategy to address climate change.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 177,841,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 254,563,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions 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.
Dr Reddys Laboratories is participating in some 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.
