Meghmani Sustainability Profile
Meghmani Group, headquartered in India, is a prominent player in the chemical industry, specialising in the production of pigments, agrochemicals, and specialty chemicals. Established in 1983, the company has made significant strides in innovation and sustainability, positioning itself as a leader in its field. With major operational regions spanning across India and international markets, Meghmani is renowned for its high-quality products, including vibrant pigments and effective crop protection solutions. The company’s commitment to research and development has led to the creation of unique formulations that cater to diverse industrial needs. Notably, Meghmani has achieved several milestones, including certifications for quality and environmental management, reinforcing its market position. With a focus on excellence and customer satisfaction, Meghmani Group continues to set benchmarks in the chemical sector.
DitchCarbon Score
How does Meghmani'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 Pharmaceutical Preparation Manufacturing 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
Meghmani's score of 28 is lower than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Meghmani's reported carbon emissions
In 2023, Meghmani reported total carbon emissions of approximately 140,812,000 kg CO2e, with emissions distributed across various scopes: 190,520 kg CO2e (Scope 1), 61,974,160 kg CO2e (Scope 2), and 133,460,980 kg CO2e (Scope 3). This marks a significant increase from 2022, when total emissions were about 9,126,780 kg CO2e, primarily from Scope 2 emissions at 66,133,170 kg CO2e. Meghmani has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. This near-term target reflects a proactive approach to mitigating its carbon footprint, particularly in light of the substantial emissions reported in recent years. The company does not currently report any Scope 3 emissions reduction targets, and there are no emissions data cascaded from a parent organization. Meghmani's climate strategy is focused on direct emissions reduction, aligning with industry standards for corporate sustainability.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 42,310 | 00,000 | 000,000 | 000,000 |
| Scope 2 | 9,445,150 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | 000,000,000 |
How Carbon Intensive is Meghmani's Industry?
How Carbon Intensive is Meghmani's Location?
Meghmani'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.
Meghmani 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.
