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 8 is lower than 80% 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 2024, Laxmi Organic Industries reported total carbon emissions of approximately 304,343,000 kg CO2e for Scope 1 and 50,705,000 kg CO2e for Scope 2, totalling about 355,048,000 kg CO2e. In 2023, the company had similar emissions, with Scope 1 at approximately 313,807,000 kg CO2e and Scope 2 at about 35,821,000 kg CO2e, resulting in a total of around 349,628,000 kg CO2e. The emissions data for 2022 showed Scope 1 emissions of about 120,000,000 kg CO2e and Scope 2 emissions of approximately 15,000,000 kg CO2e, leading to a total of around 135,000,000 kg CO2e. Laxmi Organic Industries has not disclosed any specific reduction targets or climate pledges, and there are no reported initiatives under the Science Based Targets initiative (SBTi). The company operates as a current subsidiary of Laxmi Organic Industries Limited, with emissions data cascaded from this parent organisation. The reported emission intensity for 2024 was approximately 1,380 kg CO2e per tonne of output, indicating a focus on monitoring emissions relative to production levels. However, there is no available data on Scope 3 emissions, which typically encompass indirect emissions in the value chain. Overall, while Laxmi Organic Industries has made strides in tracking its carbon footprint, further commitments and reduction initiatives would enhance its climate strategy.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 120,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 15,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Laxmi Organic Industries's Industry?
How Carbon Intensive is Laxmi Organic Industries's Location?
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.
