Laxmi Organic Industries
Laxmi Organic Industries Ltd., a prominent player in the specialty chemicals sector, is headquartered in Mumbai, India. Established in 1989, the company has carved a niche in the production of fine chemicals, intermediates, and active pharmaceutical ingredients (APIs), serving diverse industries such as pharmaceuticals, agrochemicals, and personal care. With a commitment to innovation and sustainability, Laxmi Organic has developed a range of unique products, including high-quality solvents and specialty chemicals that meet stringent global standards. The company has achieved significant milestones, including expanding its operational footprint across major regions in India and establishing a strong export presence. Recognised for its quality and reliability, Laxmi Organic Industries continues to strengthen its market position, contributing to the growth of the chemical industry in India and beyond.
DitchCarbon Score
How does Laxmi Organic Industries'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 Chemicals 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
Laxmi Organic Industries's score of 13 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Laxmi Organic Industries's reported carbon emissions
In 2023, Laxmi Organic Industries reported total carbon emissions of approximately 295,879,000 kg CO2e, comprising about 251,824,000 kg CO2e from Scope 1 and about 36,646,000 kg CO2e from Scope 2 emissions. This represents an increase from 2022, where total emissions were about 257,908,000 kg CO2e, with Scope 1 emissions at approximately 221,173,000 kg CO2e and Scope 2 emissions at about 29,989,000 kg CO2e. For 2024, the company anticipates further emissions of approximately 313,807,000 kg CO2e from Scope 1 and about 35,821,000 kg CO2e from Scope 2, indicating a continued upward trend in emissions. The total Scope 1 and 2 emission intensity for 2023 was reported at about 1,250 kg CO2e per tonne of production, slightly lower than the 2022 intensity of approximately 1,260 kg CO2e per tonne. Currently, Laxmi Organic Industries has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of defined reduction strategies highlights a potential area for improvement in their climate commitments.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 221,173,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 29,989,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Laxmi Organic Industries is not committed to any reduction initiatives 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.
