Morepen
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.
DitchCarbon Score
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.
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
Morepen's score of 15 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Morepen's reported carbon emissions
In 2023, Morepen reported total carbon emissions of approximately 47,405,470 kg CO2e, comprising 31,403,010 kg CO2e from Scope 1 and 16,412,460 kg CO2e from Scope 2. This represents a significant commitment to transparency in their emissions reporting, as they have disclosed both Scope 1 and Scope 2 emissions data. In 2022, the company recorded total emissions of about 30,648,900 kg CO2e, with 17,576,050 kg CO2e from Scope 1 and 12,928,850 kg CO2e from Scope 2. This indicates a year-on-year increase in emissions, highlighting the challenges faced in reducing carbon output amidst growing operations. Morepen has not set specific reduction targets or climate pledges, which may limit their ability to demonstrate a proactive approach to climate commitments. However, they have reported emissions intensity metrics, with a Scope 1 and 2 emission intensity of 0.276 for 2023 and 0.149 for 2022, indicating a focus on improving efficiency relative to revenue. Overall, while Morepen has made strides in emissions reporting, the absence of defined reduction targets suggests an opportunity for further commitment to climate action and sustainability initiatives.
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| 2022 | 2023 | |
|---|---|---|
| Scope 1 | 17,576,050 | 00,000,000 |
| Scope 2 | 12,928,850 | 00,000,000 |
| Scope 3 | - | - |
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.
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.
