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.
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.
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.
Laxmi Organic Industries's score of 13 is lower than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Laxmi Organic Industries reported total carbon emissions of approximately 313,807,000 kg CO2e for Scope 1 and about 35,821,000 kg CO2e for Scope 2, resulting in a combined total of around 349,628,000 kg CO2e. This marks an increase from 2023, where emissions were approximately 251,824,000 kg CO2e for Scope 1 and about 36,646,000 kg CO2e for Scope 2, totalling around 288,470,000 kg CO2e. In 2022, the company recorded emissions of about 227,895,000 kg CO2e for Scope 1 and approximately 30,013,000 kg CO2e for Scope 2, leading to a total of around 257,908,000 kg CO2e. This indicates a significant rise in emissions over the three-year period. Laxmi Organic Industries has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of Scope 3 emissions data suggests a potential area for future reporting and improvement. The company continues to focus on its operational emissions, with a reported emission intensity of approximately 1,380 kg CO2e per tonne of production in 2024, compared to about 1,250 kg CO2e per tonne in 2023 and 1,260 kg CO2e per tonne in 2022. Overall, while Laxmi Organic Industries has made strides in emissions reporting, the lack of defined reduction targets highlights an opportunity for enhanced climate action and transparency in their sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 227,895,000 | 000,000,000 | 000,000,000 |
Scope 2 | 30,013,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | - |
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 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.