Meghmani Finechem Ltd
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
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.
Meghmani Finechem Ltd's reported carbon emissions
In 2024, Meghmani Finechem Ltd reported total carbon emissions of approximately 1,150,906,590 kg CO2e from Scope 1 and 61,263,810 kg CO2e from Scope 2, alongside 35,898,630 kg CO2e from Scope 3 emissions, specifically from purchased goods and services. This reflects a slight increase in Scope 1 emissions compared to 2023, where they were about 1,068,775,820 kg CO2e, and a decrease in Scope 2 emissions from approximately 80,113,000 kg CO2e. The company has not disclosed any specific reduction targets or initiatives as part of its climate commitments. However, it continues to monitor and report its emissions, indicating a commitment to transparency in its environmental impact. The emissions intensity for Scope 1 and Scope 2 combined was reported at about 1,600 kg CO2e per tonne in 2024, showing a focus on improving efficiency relative to revenue. Overall, Meghmani Finechem Ltd's emissions data highlights the ongoing challenges and responsibilities faced by the chemical industry in managing carbon footprints while striving for sustainability.
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| 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 |
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.
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.
