Meghmani Finechem Ltd, a prominent player in the chemical industry, is headquartered in India and operates extensively across various regions. Founded in 1986, the company has established itself as a leader in the production of pigments, agrochemicals, and specialty chemicals, catering to diverse sectors such as textiles, plastics, and agriculture. With a commitment to innovation, Meghmani Finechem offers a unique range of products, including high-performance pigments and eco-friendly agrochemicals, which distinguish them in a competitive market. The company has achieved significant milestones, including expansions in manufacturing capabilities and a strong focus on sustainability. Recognised for its quality and reliability, Meghmani Finechem Ltd continues to strengthen its market position, contributing to the growth of the chemical sector in India and beyond.
How does Meghmani Finechem Ltd'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.
Mean score of companies in the Chemicals 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.
Meghmani Finechem Ltd's score of 17 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Meghmani Finechem Ltd reported total carbon emissions of approximately 1,150,906,590 kg CO2e for Scope 1 and about 61,263,810 kg CO2e for Scope 2, alongside 35,898,630 kg CO2e for Scope 3 emissions, specifically from purchased goods and services. This reflects a slight increase in Scope 1 emissions compared to 2023, where they were approximately 1,068,775,820 kg CO2e, and a decrease in Scope 2 emissions from about 80,113,000 kg CO2e. The company has demonstrated a commitment to reducing its carbon footprint, although specific reduction targets or initiatives have not been disclosed. The absence of documented reduction targets suggests that while Meghmani Finechem Ltd is aware of its emissions, it may not yet have formalised a comprehensive strategy for significant reductions. Overall, Meghmani Finechem Ltd's emissions data highlights the importance of ongoing monitoring and potential future commitments to enhance sustainability and address climate change impacts effectively.
Access structured emissions data, company-specific emission factors, and source documents
2022 | 2023 | 2024 | |
---|---|---|---|
Scope 1 | 1,582,402,530 | 0,000,000,000 | 0,000,000,000 |
Scope 2 | 31,629,000 | 00,000,000 | 00,000,000 |
Scope 3 | - | - | 00,000,000 |
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.
Meghmani Finechem Ltd 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.