Granules India Sustainability Profile
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 63 is higher than 76% 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 87,886,000 kg CO2e, comprising 56,385,000 kg CO2e from Scope 1 and 32,453,000 kg CO2e from Scope 2 (market-based). The company has set ambitious climate commitments, aiming to achieve a 90% reduction in absolute Scope 1 and Scope 2 emissions by FY2050, using FY2023 as the baseline. Additionally, Granules India is targeting a 42% reduction in these emissions by FY2030. The company also reported significant Scope 3 emissions, totalling approximately 633,837,000 kg CO2e, which highlights the importance of addressing emissions across its entire value chain. Granules India is committed to reducing these Scope 3 emissions by 42% by FY2030, alongside a commitment to source 100% renewable electricity by FY2030. Granules India has established near-term targets to reduce greenhouse gas intensity by 5% year-on-year until 2023 for both Scope 1 and Scope 2 emissions. Furthermore, the company is aligned with the Science Based Targets initiative (SBTi) and has committed to achieving net-zero emissions across all scopes by FY2050, consistent with the 1.5°C pathway. Overall, Granules India is actively working towards substantial emissions reductions and sustainability goals, reflecting its commitment to addressing climate change and enhancing its environmental performance.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 56,262,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 45,470,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 580,188,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Granules India's Industry?
How Carbon Intensive is Granules India's Location?
Granules India's Scope 3 Categories Breakdown
Granules India's Scope 3 emissions, which increased by 3% last year and increased by approximately 9% since 2022, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 82% of Scope 3 emissions.
Top Scope 3 Categories
Granules India's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Granules India has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
Frequently Asked Questions
Common questions about Granules India's sustainability data and climate commitments