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OrganisationsGlenmark Pharmaceuticals
Glenmark Pharmaceuticals logo

Glenmark Pharmaceuticals

Pharmaceutical Preparation ManufacturingIndiaNSE: GLENMARK.NS
Last verified 2 months agoglenmarkpharma.com

Glenmark Pharmaceuticals Ltd., commonly referred to as Glenmark, is a prominent global player in the pharmaceutical industry, headquartered in India. Founded in 1977, the company has established a strong presence in various operational regions, including North America, Europe, and emerging markets. Glenmark focuses on the development and manufacturing of innovative generics, specialty pharmaceuticals, and over-the-counter products.

With a diverse portfolio that includes formulations in therapeutic areas such as dermatology, oncology, and respiratory, Glenmark is recognised for its commitment to research and development. The company has achieved significant milestones, including numerous product approvals and a robust pipeline of new therapies. Glenmark's dedication to quality and innovation has positioned it as a trusted name in the pharmaceutical sector, making notable strides in both domestic and international markets.

44
DitchCarbon score

+5 vs industry average

Glenmark Pharmaceuticals’s score of 44 is higher than 64% 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 – 2027

000.0M000M000.0M00.0M0

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20202021202220232024202520262027

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.

Glenmark Pharmaceuticals's reported carbon emissions

In 2024, Glenmark Pharmaceuticals reported total greenhouse gas emissions of approximately 171,146,000 kg CO2e, comprising 15,455,000 kg CO2e from Scope 1, 69,632,000 kg CO2e from Scope 2, and 171,146,000 kg CO2e from Scope 3 emissions. This reflects a slight decrease in emissions compared to 2023, where total emissions were approximately 175,069,000 kg CO2e, with Scope 1 at 12,703,000 kg CO2e, Scope 2 at 64,812,000 kg CO2e, and Scope 3 at 175,069,000 kg CO2e.

Glenmark Pharmaceuticals has set ambitious climate commitments, aiming for carbon neutrality by 2030 for its Scope 1 and Scope 2 emissions through targeted decarbonisation initiatives. Additionally, the company has committed to reducing its absolute Scope 1 and 2 GHG emissions by 35% by FY2035 from a FY2021 baseline, while also targeting a 28% reduction in Scope 3 emissions per ton of pharmaceutical products within the same timeframe. These targets align with the Science Based Targets initiative (SBTi) and are classified as consistent with keeping global warming well below 2°C.

Glenmark's proactive approach to climate action underscores its commitment to sustainability within the pharmaceutical sector, reflecting a growing trend among companies to address their environmental impact comprehensively.

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Glenmark Pharmaceuticals’s Climate Goals (2030 & 2050)

3 goals

2035

35% reduction in Scope 1

Glenmark Pharmaceuticals Limited commits to reduce absolute scope 1 and 2 GHG emissions 35% by FY2035 from a FY2021 base year.* Glenmark Pha…

Behind target35%

2035

35% reduction in Scope 2

Glenmark Pharmaceuticals Limited commits to reduce absolute scope 1 and 2 GHG emissions 35% by FY2035 from a FY2021 base year.* Glenmark Pha…

Behind target35%

2035

28% reduction in scope 3 downstream

Insufficient data28%

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

Science Based Targets Initiative

FY2035 targetSee details
Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Not active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Glenmark Pharmaceuticals logoGlenmark Pharmaceuticals
INPharmaceutical Preparation Manufacturing
2 months ago
44
Sanofi logoSanofi
FRPharmaceutical Preparation Manufacturing
2 days ago
100
View
Divis Laboratories logoDivis Laboratories
INResearch Services
5 days ago
56
View
Abbott logoAbbott
USElectromedical and Electrotherapeutic Apparatus Manufacturing
5 days ago
54
View
Aurobindo Pharma logoAurobindo Pharma
INPharmaceutical Preparation Manufacturing
5 days ago
43
View
Sun Pharmaceutical Industries logoSun Pharmaceutical Industries
INChemicals
5 days ago
40
View
Piramal Enterprises Limited logoPiramal Enterprises Limited
INPharmaceutical Preparation Manufacturing
15 days ago
33
View

Frequently asked questions

Common questions about Glenmark Pharmaceuticals’s sustainability data and climate commitments

In 2024, Glenmark Pharmaceuticals reported total greenhouse gas emissions of approximately 171 million kg CO₂e. This includes around 15 million kg CO₂e from Scope 1, about 70 million kg CO₂e from Scope 2, and approximately 171 million kg CO₂e from Scope 3 emissions. The company has shown a slight decrease in emissions compared to 2023, where total emissions were roughly 175 million kg CO₂e. This data highlights Glenmark's ongoing efforts to monitor and reduce its carbon footprint.

Data year: 2024

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