Marico Sustainability Profile
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 70% 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 Limited reported total carbon emissions of approximately 571,518,400 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 approach to emissions reporting, covering all three scopes. For the previous year, 2023, Marico's emissions were slightly lower, totalling about 571,784,000 kg CO2e, with Scope 1 at approximately 779,900 kg CO2e, Scope 2 at about 11,775,800 kg CO2e, and Scope 3 at around 547,126,000 kg CO2e. 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 targets a 77% reduction in GHG emissions intensity against a FY13 baseline for both Scope 1 and Scope 2 by 2025. These commitments highlight Marico's proactive stance on climate action, aligning with industry standards for sustainability and emissions reduction. The company is focused on enhancing its operational efficiency while significantly lowering its carbon footprint.
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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 |
How Carbon Intensive is Marico's Industry?
How Carbon Intensive is Marico's Location?
Marico'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.
Marico has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
