Lupin Limited, commonly referred to as Lupin, is a prominent player in the pharmaceutical preparation manufacturing industry, headquartered in Mumbai, India. Founded in 1968, the company has established a strong presence in various global markets, including North America, Europe, and Asia, focusing on the development and production of high-quality generic and branded medications.
Lupin's core offerings encompass a wide range of therapeutic areas, including cardiovascular, anti-infective, and central nervous system treatments. The company is renowned for its commitment to innovation and quality, which has earned it a significant market position, making it one of the largest generic pharmaceutical companies in India. With numerous regulatory approvals and a robust pipeline of products, Lupin continues to make strides in enhancing healthcare outcomes worldwide.
+24 vs industry average
Lupin’s score of 63 is higher than 70% 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
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
Industry performance
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Emissions trajectory 2020 – 2028
Reported emissions
Scope 3 accounts for ••• of total emissions.
Lupin's reported carbon emissions
Lupin, a pharmaceutical preparation manufacturer headquartered in India, has demonstrated a commitment to reducing its environmental impact through various climate initiatives and emissions reporting.
For the fiscal year 2025, Lupin reported a total of approximately 1.13 billion kg CO2e in emissions. This figure is comprised of Scope 1 emissions totalling about 82.17 million kg CO2e, Scope 2 emissions at approximately 249.98 million kg CO2e, and Scope 3 emissions amounting to about 1.02 billion kg CO2e. The previous year, FY2024, saw total emissions of approximately 1.19 billion kg CO2e, with Scope 1 at about 86.35 million kg CO2e, Scope 2 at approximately 277.32 million kg CO2e, and Scope 3 at around 1.12 billion kg CO2e.
Lupin has set ambitious reduction targets. Notably, they aim for an absolute reduction of 38% by 2030, using FY2023 as a baseline. This commitment extends to specific scopes: an absolute reduction of 42.0% in Scope 1 and Scope 2 GHG emissions by FY2030 from a FY2023 base year. Furthermore, they commit to reducing Scope 3 GHG emissions by 61.07% per INR value added by FY2033, also from a FY2024 base year. These targets are aligned with keeping warming to 1.5°C.
The company has also previously reported targets to reduce its Scope 1 and Scope 2 GHG emissions by 15% by 2030, using FY2021 as a reference. For FY2022, Lupin's total emissions were approximately 1.12 billion kg CO2e, comprising Scope 1 emissions of about 85.95 million kg CO2e, Scope 2 emissions of approximately 359.45 million kg CO2e, and Scope 3 emissions of around 676.02 million kg CO2e. In FY2021, total emissions were approximately 1.30 billion kg CO2e, with Scope 1 at about 100.73 million kg CO2e, Scope 2 at approximately 403.83 million kg CO2e, and Scope 3 at around 802.47 million kg CO2e. In FY2020, total emissions were approximately 1.16 billion kg CO2e, with Scope 1 at about 103.89 million kg CO2e, Scope 2 at approximately 371.88 million kg CO2e, and Scope 3 at around 680.97 million kg CO2e.
Lupin is a signatory to the Climate Pledge, reinforcing its dedication to achieving net-zero carbon emissions by 2040. The company's emissions data is not cascaded from a parent organisation, indicating direct reporting.
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Lupin’s Climate Goals (2030 & 2050)
2 goals2030
42% reduction in Scope 2
Lupin Ltd commits to reduce absolute scope 2 GHG emissions 42.0% by FY2030 from a FY2023 base year.
2030
42% reduction in Scope 1
Lupin Ltd commits to reduce absolute scope 1 GHG emissions 42.0% by FY2030 from a FY2023 base year.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives

Science Based Targets Initiative

Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Common questions about Lupin’s sustainability data and climate commitments
Data year: 2025
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