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OrganisationsIol Chemcials And Pharmaceuticals
Iol Chemcials And Pharmaceuticals logo

Iol Chemcials And Pharmaceuticals

Pharmaceutical Preparation ManufacturingIndiaBSE: IOLCP.BO
Last verified 9 days agoiolcp.com

IOL Chemicals and Pharmaceuticals Ltd, commonly referred to as IOL Chemicals, is a prominent player in the Indian pharmaceutical and chemical industry. Headquartered in Punjab, India, the company has established a significant presence in various operational regions, focusing on the production of high-quality active pharmaceutical ingredients (APIs) and specialty chemicals. Founded in 1986, IOL Chemicals has achieved key milestones, including expansions in manufacturing capabilities and product diversification.

The company is renowned for its core offerings, which include APIs for analgesics, anti-inflammatory, and anti-diabetic medications, as well as a range of specialty chemicals. IOL Chemicals distinguishes itself through its commitment to quality and innovation, positioning itself as a trusted supplier in both domestic and international markets. With a strong market presence, IOL Chemicals continues to contribute to the pharmaceutical landscape, reflecting its dedication to excellence and sustainability.

70
DitchCarbon score

+32 vs industry average

Iol Chemcials And Pharmaceuticals’s score of 70 is higher than 82% 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

Low

Pharmaceutical Preparation Manufacturing has below-average carbon intensity

Industry performance

0.086
02025

The Pharmaceutical Preparation Manufacturing industry has reduced its overall emissions by 19% since 0

Emissions trajectory 2020 – 2027

000.0M000.0M000.0M00.0M0

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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.

Iol Chemcials And Pharmaceuticals's reported carbon emissions

In 2024, IOL Chemicals and Pharmaceuticals reported total carbon emissions of approximately 175.3 million kg CO2e, comprising 45.9 million kg CO2e from Scope 1, 6.0 million kg CO2e from Scope 2, and 93.0 million kg CO2e from Scope 3 emissions. This represents a significant increase from 2023, where total emissions were approximately 130.8 million kg CO2e, with Scope 1 at 49.5 million kg CO2e, Scope 2 at 6.2 million kg CO2e, and Scope 3 at 108.4 million kg CO2e. IOL Chemicals and Pharmaceuticals has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by FY2050. The company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 58.8% by FY2033 from a FY2022 baseline, and to cut Scope 3 emissions by 35% within the same timeframe. Long-term goals include a 90% reduction in both Scope 1 and 2 emissions and Scope 3 emissions by FY2050, with the target boundaries including land-related emissions and removals from bioenergy feedstocks. These commitments align with the Science Based Targets initiative (SBTi) and reflect IOL's dedication to addressing climate change within the pharmaceuticals, biotechnology, and life sciences sector.

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Iol Chemcials And Pharmaceuticals’s Climate Goals (2030 & 2050)

1 goal

2030

42% reduction in all scopes

Reduce Scope 1 and Scope 2 absolute emissions by 42% by FY 30 from FY 23 baseline

Insufficient data42%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2033 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
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Iol Chemcials And Pharmaceuticals logoIol Chemcials And Pharmaceuticals
INPharmaceutical Preparation Manufacturing
9 days ago
70
Roche Holding AG logoRoche Holding AG
CHPharmaceutical Preparation Manufacturing
8 days ago
91
View
Dr Reddys Laboratories logoDr Reddys Laboratories
INPharmaceutical Preparation Manufacturing
12 days ago
90
View
Granules India logoGranules India
INChemicals
3 days ago
78
View
Neuland Laboratories logoNeuland Laboratories
INPharmaceutical Preparation Manufacturing
12 days ago
68
View
Divis Laboratories logoDivis Laboratories
INResearch Services
12 days ago
55
View
Abbott logoAbbott
USMedical Device Manufacturing
3 days ago
48
View

Frequently asked questions

Common questions about Iol Chemcials And Pharmaceuticals’s sustainability data and climate commitments

In 2024, IOL Chemicals and Pharmaceuticals reported total carbon emissions of approximately 175.3 million kg CO₂e. This includes around 45.9 million kg CO₂e from Scope 1, about 6 million kg CO₂e from Scope 2, and roughly 93 million kg CO₂e from Scope 3 emissions. This marks a significant increase from 2023, where total emissions were approximately 130.8 million kg CO₂e, indicating a growing environmental footprint that the company aims to address through its sustainability initiatives.

Data year: 2024

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