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Pharmaceutical Preparation Manufacturing
US
updated 7 months ago

Hi-Tech Pharmacal Co., Inc.

Company website

Hi-Tech Pharmacal Co., Inc., commonly referred to as Hi-Tech, is a prominent player in the pharmaceutical industry, headquartered in the United States. Founded in 1983, the company has established itself as a leader in the development and manufacturing of generic and specialty pharmaceuticals, particularly in the fields of liquid and semi-solid dosage forms. With major operational regions across the US, Hi-Tech Pharmacal is renowned for its commitment to quality and innovation. The company offers a diverse range of products, including prescription medications and over-the-counter solutions, distinguished by their unique formulations and adherence to stringent regulatory standards. Hi-Tech's market position is bolstered by its notable achievements in product development and a robust portfolio that addresses various therapeutic areas, making it a trusted name in healthcare.

DitchCarbon Score

How does Hi-Tech Pharmacal Co., Inc.'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.

23

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.

29

Industry Benchmark

Hi-Tech Pharmacal Co., Inc.'s score of 23 is lower than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.

32%

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Hi-Tech Pharmacal Co., Inc.'s reported carbon emissions

Hi-Tech Pharmacal Co., Inc., headquartered in the US, currently does not report any specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the company. As a current subsidiary, Hi-Tech Pharmacal's climate commitments and emissions data may be influenced by its corporate family relationships; however, no specific initiatives or targets have been cascaded from a parent organisation. The lack of reported emissions and reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the broader context of the pharmaceutical industry, companies are increasingly recognising the importance of sustainability and are setting ambitious targets to reduce their carbon footprints. It remains to be seen how Hi-Tech Pharmacal will align with these industry trends in the future.

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Hi-Tech Pharmacal Co., Inc.'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 Hi-Tech Pharmacal Co., Inc. is in US, which has a low 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.

Hi-Tech Pharmacal Co., Inc. 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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