Laxmi Organic Industries Sustainability Profile
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 0 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Laxmi Organic Industries's reported carbon emissions
In 2023, Laxmi Organic Industries reported total carbon emissions of approximately 313,807,000 kg CO2e for Scope 1 and 35,821,000 kg CO2e for Scope 2, totalling about 349,628,000 kg CO2e. This data reflects their operations in India. The company has shown a commitment to transparency in its emissions reporting, with disclosed emissions for both Scope 1 and Scope 2. For the previous year, 2022, Laxmi Organic Industries recorded emissions of approximately 251,824,000 kg CO2e for Scope 1 and 36,646,000 kg CO2e for Scope 2, resulting in a total of about 288,470,000 kg CO2e. This indicates a significant increase in emissions in 2023 compared to 2022. Despite the increase in emissions, Laxmi Organic Industries has not set specific reduction targets or initiatives as part of their climate commitments. The company is a current subsidiary of Laxmi Organic Industries Limited, and all emissions data is cascaded from this parent organization. Overall, while Laxmi Organic Industries has made strides in emissions reporting, further commitments to reduction targets and climate initiatives would enhance their sustainability profile.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 120,000,000 | 000,000,000 |
| Scope 2 | 15,000,000 | 00,000,000 |
| Scope 3 | - | - |
How Carbon Intensive is Laxmi Organic Industries's Industry?
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Laxmi Organic Industries'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.
Laxmi Organic Industries has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
