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 34 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Marico's reported carbon emissions
In 2023, Marico reported total carbon emissions of approximately 559,681,370 kg CO2e, with emissions distributed across various scopes: 779,900 kg CO2e from Scope 1, 11,775,800 kg CO2e from Scope 2, and 547,126,000 kg CO2e from Scope 3. This reflects a commitment to transparency in their environmental impact, as they disclose emissions across all three scopes. In 2022, Marico's emissions were slightly lower at about 572,122,300 kg CO2e, with Scope 1 emissions at 621,900 kg CO2e, Scope 2 at 10,309,000 kg CO2e, and Scope 3 at 561,192,000 kg CO2e. The company has shown a trend of increasing revenue alongside its emissions, indicating a need for enhanced sustainability measures. Despite the significant emissions figures, Marico has not publicly set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests that while they are tracking emissions, they may need to establish clearer goals to align with global climate action standards. Overall, Marico's emissions data highlights the importance of ongoing monitoring and the potential for future commitments to reduce their carbon footprint in line with industry best practices.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,894,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 14,216,000 | 00,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 507,667,000 | 000,000,000 | 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 committed to any reduction initiatives 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.
