Manjushree Technopack Sustainability Profile
Manjushree Technopack, a leading player in the packaging industry, is headquartered in India and operates extensively across the country and beyond. Founded in 1989, the company has established itself as a pioneer in providing innovative packaging solutions, particularly in the fields of flexible packaging and rigid containers. With a diverse portfolio that includes products such as PET bottles, pouches, and labels, Manjushree Technopack stands out for its commitment to quality and sustainability. The company has achieved significant milestones, including certifications that underscore its dedication to excellence and environmental responsibility. Recognised for its market leadership, Manjushree Technopack continues to set benchmarks in the packaging sector, catering to a wide range of industries, including food and beverage, personal care, and pharmaceuticals.
DitchCarbon Score
How does Manjushree Technopack'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 Business Services 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
Manjushree Technopack's score of 61 is higher than 78% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Manjushree Technopack's reported carbon emissions
In 2024, Manjushree Technopack reported total carbon emissions of approximately 59,352,230 kg CO2e, comprising 728,680 kg CO2e from Scope 1 and 58,623,550 kg CO2e from Scope 2. This marks a significant reduction from 2023, where emissions were about 60,733,740 kg CO2e, with Scope 1 at 770,220 kg CO2e and Scope 2 at 59,963,520 kg CO2e. The company has achieved a remarkable 20.09% reduction in Scope 1 emissions and a substantial 79.7% reduction in Scope 2 emissions from FY2022 to FY2024. Manjushree Technopack has set ambitious climate commitments, including a long-term target to achieve net-zero emissions across all scopes by 2050, with a base year of FY2023. Additionally, they aim to reduce absolute Scope 1, 2, and 3 greenhouse gas emissions by 90% by FY2050. Near-term targets include a 42% reduction in Scope 1 emissions and a 25% reduction in Scope 3 emissions by FY2030. The company also plans to increase its sourcing of renewable electricity from 0% in FY2023 to 88% by FY2027. Overall, Manjushree Technopack's commitment to sustainability is evident through its significant emission reductions and ambitious targets aligned with the Science Based Targets initiative (SBTi).
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,053,860 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 66,784,850 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - | - |
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Manjushree Technopack'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.
Manjushree Technopack has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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