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 46 is higher than 91% 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 2023, Marico's total carbon emissions amounted to approximately 559,681,370 kg CO2e, comprising 779,900 kg CO2e from Scope 1, 11,775,800 kg CO2e from Scope 2, and 547,126,000 kg CO2e from Scope 3 emissions. This represents a slight decrease in total emissions compared to 2022, where emissions were about 572,122,300 kg CO2e. Marico has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 greenhouse gas emissions by 93% by 2030. The company plans to offset the remaining 7% of emissions through carbon sequestration and other offset initiatives. This commitment reflects Marico's dedication to achieving significant reductions in its overall carbon footprint across all scopes. The company's emissions data indicates a proactive approach to sustainability, with a focus on both direct and indirect emissions. Marico's long-term strategy aligns with industry standards for climate action, demonstrating a commitment to environmental responsibility in its operations.
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| 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 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.
