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 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.
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Morepen's reported carbon emissions
In 2023, Morepen Laboratories Limited reported total carbon emissions of approximately 47,525,470 kg CO2e, comprising 31,403,010 kg CO2e from Scope 1 and 16,412,460 kg CO2e from Scope 2 emissions. This data highlights the company's commitment to transparency in its climate impact, although no emissions data is available for 2022 and 2024. Morepen has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of disclosed Scope 3 emissions indicates a potential area for future focus, as these often represent a significant portion of a company's overall carbon footprint. The company’s emissions intensity for Scope 1 and 2, adjusted for Purchasing Power Parity (PPP), was reported at 0.276 kg CO2e per rupee of turnover in 2023. This metric provides insight into the efficiency of their operations relative to revenue generation. Overall, while Morepen has made strides in reporting its emissions, further commitments and reduction strategies would enhance its climate action profile.
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| 2023 | |
|---|---|
| Scope 1 | 31,403,010 |
| Scope 2 | 16,412,460 |
| 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.
