Morepen Laboratories Limited, commonly known as Morepen, is a prominent player in the pharmaceutical and healthcare industry, headquartered in India. Established in 1984, the company has made significant strides in the development and manufacturing of a diverse range of products, including diagnostic kits, active pharmaceutical ingredients (APIs), and over-the-counter medications. With a strong operational presence across India and various international markets, Morepen is recognised for its commitment to quality and innovation. The company’s core offerings, such as its advanced diagnostic solutions and high-quality APIs, set it apart in a competitive landscape. Morepen's dedication to research and development has earned it a notable position in the market, reflecting its ongoing pursuit of excellence in healthcare solutions.
How does Morepen'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 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.
Morepen's score of 13 is lower than 93% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Morepen Laboratories Limited reported total carbon emissions of approximately 47,415.47 kg CO2e, comprising 31,403.01 kg CO2e from Scope 1 and 16,412.46 kg CO2e from Scope 2. The company has not disclosed any emissions data for 2022 or 2024, indicating a lack of comprehensive reporting for those years. Morepen has not set specific reduction targets or initiatives, nor does it participate in the Science Based Targets initiative (SBTi). The absence of climate pledges or documented reduction strategies suggests that the company is currently in the early stages of formalising its climate commitments. The emissions intensity for 2023 was reported at 0.000276 kg CO2e per rupee of turnover, reflecting the company's operational efficiency in relation to its revenue. However, without further commitments or targets, Morepen's long-term climate strategy remains unclear. Overall, while Morepen has made some disclosures regarding its emissions, the lack of comprehensive data and formal reduction initiatives highlights an opportunity for the company to enhance its climate action efforts.
Access structured emissions data, company-specific emission factors, and source documents
| 2023 | |
|---|---|
| Scope 1 | 31,403.01 |
| Scope 2 | 16,412.46 |
| Scope 3 | - |
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.
Morepen 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.
