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OrganisationsMarico
Marico logo

Marico

Retail Trade ServicesIndiaNSE: MARICO.NS
Last verified 4 days agomarico.com

Marico Limited, a prominent player in the retail trade services sector, is headquartered in India and operates extensively across various regions, including South Asia and the Middle East. Founded in 1990, Marico has established itself as a leader in the industry, focusing on the retail trade services, excluding motor vehicles and motorcycles, as well as the repair services of personal and household goods.

The company is renowned for its diverse portfolio of products, which includes well-known brands in personal care, health, and beauty. Marico's commitment to innovation and quality sets its offerings apart, catering to the evolving needs of consumers. With a strong market position, Marico has achieved significant milestones, including recognition for its sustainable practices and consistent growth in revenue, solidifying its reputation as a trusted name in the retail trade industry.

45
DitchCarbon score

+10 vs industry average

Marico’s score of 45 is higher than 60% 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

Low

Retail Trade Services has below-average carbon intensity

Industry performance

0.097
20192025

The Retail Trade Services industry has reduced its overall emissions by 42% since 2019

Emissions trajectory 2020 – 2027

000.0M000.0M000M000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Marico's reported carbon emissions

Marico, an Indian retail trade services company, has reported its carbon emissions across Scopes 1, 2, and 3. In 2024, the company's total emissions were approximately 571.5 million kg CO2e. This comprised about 1.1 million kg CO2e from Scope 1, approximately 9.7 million kg CO2e from Scope 2, and around 560.8 million kg CO2e from Scope 3. For 2023, Marico's total emissions were approximately 557.9 million kg CO2e, with Scope 1 emissions around 0.8 million kg CO2e, Scope 2 emissions at approximately 11.8 million kg CO2e, and Scope 3 emissions totalling about 547.1 million kg CO2e. Looking at prior years, total emissions in 2022 were approximately 572.1 million kg CO2e, including Scope 1 emissions of about 0.6 million kg CO2e, Scope 2 emissions of roughly 10.3 million kg CO2e, and Scope 3 emissions of approximately 561.2 million kg CO2e. In 2021, total emissions amounted to approximately 525.4 million kg CO2e, with Scope 1 at about 0.5 million kg CO2e, Scope 2 at around 8.8 million kg CO2e, and Scope 3 at roughly 516.1 million kg CO2e. In 2020, the company's total emissions were approximately 494.6 million kg CO2e, with Scope 1 emissions of about 1.4 million kg CO2e, Scope 2 emissions of approximately 12.1 million kg CO2e, and Scope 3 emissions at roughly 481.0 million kg CO2e. Marico has set significant climate commitments. The company's India Business has committed to a near-term target of reducing Scope 1 and Scope 2 greenhouse gas (GHG) emissions by 93% by 2030, against a 2023 baseline. Furthermore, they aim to offset the remaining 7% of emissions through sequestration and carbon offsets by the same year. The company also previously set targets for a 77% reduction in GHG emissions intensity for both Scope 1 and Scope 2 against a FY13 baseline, aiming for completion by 2025.

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Marico’s Climate Goals (2030 & 2050)

3 goals

2030

93% reduction in all scopes

Marico Limited (India Business) has committed to reducing Scope 1 and Scope 2 GHG emissions by 93%, and offset the remaining 7% emissions th…

Behind target93%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Not active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Marico logoMarico
INRetail Trade Services
4 days ago
45
Nestle logoNestle
CHResearch Services
5 days ago
100
View
Pepsico logoPepsico
USBeverage Manufacturing
11 days ago
73
View
Procter & Gamble Hygiene and Health Care Limited logoProcter & Gamble Hygiene and Health Care Limited
INChemicals
1 month ago
59
View
Adani Wilmar logoAdani Wilmar
INRetail Trade Services
13 days ago
53
View
Bunge logoBunge
USOilseed and Grain Combination Farming
8 days ago
52
View
Hindustan Unilever logoHindustan Unilever
INBusiness Services
19 days ago
51
View

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Ditchcarbonv260707.1
[email protected]+44 203 475 7875

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