Marico
Marico Limited, a leading consumer goods company headquartered in India, has established a strong presence in the personal care and food sectors since its inception in 1990. With a focus on innovation and sustainability, Marico operates primarily in India and several international markets across Asia and Africa. The company is renowned for its flagship brands, including Parachute, Saffola, and Hair & Care, which are distinguished by their quality and effectiveness. Marico's commitment to research and development has enabled it to maintain a competitive edge, consistently delivering products that cater to evolving consumer needs. Recognised for its robust market position, Marico has achieved significant milestones, including numerous awards for excellence in product innovation and sustainability practices. As a key player in the fast-moving consumer goods (FMCG) industry, Marico continues to shape the landscape with its diverse portfolio and strategic growth initiatives.
DitchCarbon Score
How does Marico'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 Retail Trade 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
Marico's score of 51 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Marico's reported carbon emissions
In 2024, Marico's total carbon emissions amounted to approximately 57,151,840 kg CO2e, with Scope 1 emissions at about 1,052,600 kg CO2e, Scope 2 emissions at approximately 9,712,400 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 560,753,400 kg CO2e. This data reflects a comprehensive disclosure of emissions across all scopes. For the Indian operations in 2024, Marico reported a total of about 10,112,400 kg CO2e in combined Scope 1 and 2 emissions. This indicates a commitment to transparency in their environmental impact reporting. Marico has set ambitious reduction targets, aiming for a 93% reduction in Scope 1 and Scope 2 GHG emissions by 2030, with plans to offset the remaining 7% through carbon sequestration and offset initiatives. Additionally, the company is on track to achieve a 77% reduction in GHG emissions intensity against a FY13 baseline by 2025 for both Scope 1 and Scope 2 emissions. These commitments highlight Marico's proactive approach to addressing climate change and reducing its carbon footprint, aligning with industry standards for sustainability and environmental responsibility.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,379,600 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 12,140,400 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 481,048,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
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.
Marico 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.
