Neogen Chemicals
Neogen Chemicals Ltd., a prominent player in the specialty chemicals industry, is headquartered in India and operates extensively across various regions. Founded in 1989, the company has established itself as a leader in the production of bromine-based and lithium-based compounds, catering to diverse sectors such as pharmaceuticals, agrochemicals, and polymers. Neogen Chemicals is renowned for its innovative approach to chemical manufacturing, offering unique products that meet stringent quality standards. With a commitment to sustainability and safety, the company has achieved significant milestones, including expanding its production capabilities and enhancing its market presence. As a trusted supplier, Neogen Chemicals continues to strengthen its position in the global market, driven by a focus on research and development and customer-centric solutions.
DitchCarbon Score
How does Neogen Chemicals'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
Neogen Chemicals's score of 6 is lower than 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Neogen Chemicals's reported carbon emissions
In 2023, Neogen Chemicals reported total carbon emissions of approximately 19,412,220 kg CO2e, comprising 10,174,780 kg CO2e from Scope 1 and 8,236,440 kg CO2e from Scope 2. This marked an increase from 2022, where emissions were about 7,028,430 kg CO2e, with 3,628,000 kg CO2e from Scope 1 and 3,959,430 kg CO2e from Scope 2. For 2024, emissions are projected to rise further, with estimates of 22,435,590 kg CO2e, including 13,543,270 kg CO2e from Scope 1 and 9,260,320 kg CO2e from Scope 2. Despite these increases, Neogen Chemicals has not publicly disclosed specific reduction targets or initiatives aimed at mitigating their carbon footprint. The company is yet to establish a formal climate pledge or set Science-Based Targets Initiative (SBTi) reduction targets, indicating a potential area for future commitment in climate action. Overall, Neogen Chemicals is navigating a challenging landscape in carbon emissions management, with significant emissions reported across both Scope 1 and Scope 2 categories.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 3,628,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 3,959,430 | 0,000,000 | 0,000,000 |
| 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.
Neogen Chemicals 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.
