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.
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.
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.
Granules India's score of 63 is higher than 77% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Granules India reported total greenhouse gas emissions of approximately 733,000,000 kg CO2e, comprising 56,254,000 kg CO2e from Scope 1, 31,632,000 kg CO2e from Scope 2, and a significant 633,837,000 kg CO2e from Scope 3 emissions. The previous year, 2023, saw similar emissions levels, with total emissions at about 615,882,000 kg CO2e for Scope 3, alongside 56,265,000 kg CO2e for Scope 1 and 56,306,000 kg CO2e for Scope 2. Granules India has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and Scope 2 emissions by FY2050, using FY2023 as the baseline. Additionally, the company targets a 42% reduction in these emissions by FY2030. For Scope 3 emissions, Granules India also commits to a 90% reduction by FY2050 and a 42% reduction by FY2030. The company is actively working towards increasing its renewable electricity sourcing from 0% in FY2023 to 100% by FY2030. Furthermore, Granules India has established near-term targets to reduce greenhouse gas intensity by 5% year-on-year until 2023. These commitments align with the Science Based Targets initiative (SBTi) and reflect Granules India's dedication to achieving net-zero emissions across its value chain by 2050.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.