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 Medical Device 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 9 is lower than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Morepen reported total carbon emissions of approximately 30,848,900 kg CO2e, comprising 17,576,050 kg CO2e from Scope 1 and 12,928,850 kg CO2e from Scope 2. The company has disclosed emissions data for these two scopes but has not provided information on Scope 3 emissions. For the following year, 2024, emissions increased to about 47,542,470 kg CO2e, with Scope 1 emissions at 31,403,010 kg CO2e and Scope 2 emissions at 16,412,460 kg CO2e. This indicates a significant rise in emissions, reflecting the company's operational growth, with a Scope 1 and 2 emission intensity of 0.00686 per rupee of turnover in 2024. Despite the increase in emissions, Morepen has not set specific reduction targets or climate pledges, which may limit its ability to address climate change effectively. The absence of documented reduction initiatives suggests a need for enhanced commitment to sustainability practices within the industry context.
Access structured emissions data, company-specific emission factors, and source documents
2023 | 2024 | |
---|---|---|
Scope 1 | 17,576,050 | 00,000,000 |
Scope 2 | 12,928,850 | 00,000,000 |
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 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.