Granules India
Granules India Limited, headquartered in Hyderabad, India, is a prominent player in the pharmaceutical industry, specialising in the manufacture of active pharmaceutical ingredients (APIs), pharmaceutical formulations, and over-the-counter (OTC) products. Founded in 1984, the company has achieved significant milestones, including the establishment of state-of-the-art manufacturing facilities across India and a strong global presence in markets such as the United States and Europe. Granules India is renowned for its commitment to quality and innovation, offering a diverse range of core products that include paracetamol, ibuprofen, and metformin. The company’s unique approach to integrated manufacturing sets it apart, enabling cost-effective production while maintaining high standards. With a robust market position, Granules India has garnered recognition for its sustainable practices and has received multiple certifications from regulatory bodies, solidifying its reputation as a trusted partner in the pharmaceutical sector.
DitchCarbon Score
How does Granules India'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
Granules India's score of 54 is higher than 74% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Granules India's reported carbon emissions
In 2024, Granules India reported total greenhouse gas emissions of approximately 56254000 kg CO2e for Scope 1, 31632000 kg CO2e for Scope 2, and a significant 633837000 kg CO2e for Scope 3 emissions. The combined emissions for Scope 1 and 2 amounted to about 87886000 kg CO2e. This data reflects a commitment to transparency in emissions reporting, with all three scopes disclosed. Granules India has set ambitious climate targets, aiming to reduce absolute Scope 1 and 2 GHG emissions by 42% by FY2030 from a FY2023 base year, and to achieve a 90% reduction by FY2050. Additionally, the company plans to increase its sourcing of renewable electricity from 0% in FY2023 to 100% by FY2030. For Scope 3 emissions, a similar 42% reduction target has been established for FY2030, with a long-term goal of a 90% reduction by FY2050. The company is committed to achieving net-zero greenhouse gas emissions across its value chain by FY2050, aligning its targets with the Science Based Targets initiative (SBTi) 1.5°C pathway. Granules India has also implemented near-term annual targets to reduce GHG intensity by 5% year-on-year for both Scope 1 and Scope 2 emissions from 2021 to 2023. Overall, Granules India demonstrates a proactive approach to addressing climate change, with clear reduction targets and a commitment to sustainable practices in the pharmaceutical sector.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 54,831,700 | 00,000,000 | 00,000,000 |
| Scope 2 | 50,526,500 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 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.
Granules India 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.
