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Pharmaceutical Preparation Manufacturing
IN
updated 10 days ago

Glenmark Life Sciences

Company website

Glenmark Life Sciences, a prominent player in the pharmaceutical industry, is headquartered in India and operates extensively across various regions, including North America, Europe, and Asia. Founded in 2013, the company has rapidly established itself as a leader in the development and manufacturing of active pharmaceutical ingredients (APIs) and formulations, particularly in the therapeutic areas of cardiology, diabetes, and central nervous system disorders. With a commitment to quality and innovation, Glenmark Life Sciences offers a diverse portfolio of products that cater to both generic and branded markets. The company is recognised for its robust research and development capabilities, which have led to significant milestones in API production. As a subsidiary of Glenmark Pharmaceuticals, it has garnered a strong market position, contributing to the global healthcare landscape with its high-quality, cost-effective solutions.

DitchCarbon Score

How does Glenmark Life Sciences'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.

21

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.

28

Industry Benchmark

Glenmark Life Sciences's score of 21 is lower than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

20%

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Glenmark Life Sciences's reported carbon emissions

In 2024, Glenmark Life Sciences reported total carbon emissions of approximately 667,131,590 kg CO2e for Scope 1 and about 59,703,280 kg CO2e for Scope 2. This reflects a significant increase in emissions compared to 2023, where Scope 1 emissions were about 12,798,000 kg CO2e and Scope 2 emissions were approximately 50,407,400 kg CO2e. In 2022, the company recorded Scope 1 emissions of around 26,879,000 kg CO2e and Scope 2 emissions of about 49,900,000 kg CO2e. Glenmark Life Sciences has not disclosed any Scope 3 emissions data, indicating a focus on direct and indirect emissions from their operations and energy use. The company has not set specific reduction targets or climate pledges, nor are there any initiatives reported under the Science Based Targets initiative (SBTi) or other climate frameworks. It is important to note that Glenmark Life Sciences is a current subsidiary of Alivus Life Sciences Limited, and emissions data may be influenced by this corporate relationship. The emissions data and performance metrics are cascaded from Alivus Life Sciences Limited, which may provide additional context for their climate commitments and performance.

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202220232024
Scope 1
26,879,000
00,000,000
000,000,000
Scope 2
49,900,000
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. Glenmark Life Sciences's primary industry is Pharmaceutical Preparation Manufacturing, which is very 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 Glenmark Life Sciences 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.

Glenmark Life Sciences 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

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