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 3 is lower than 96% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neogen Chemicals's reported carbon emissions
In 2024, Neogen Chemicals, headquartered in India, reported total carbon emissions of approximately 13,543,270 kg CO2e for Scope 1 and about 9,260,320 kg CO2e for Scope 2. This reflects a significant increase from 2023, where emissions were approximately 10,174,780 kg CO2e for Scope 1 and about 8,236,440 kg CO2e for Scope 2. The company has disclosed emissions data for both Scope 1 and Scope 2 but has not reported any Scope 3 emissions. Neogen Chemicals has not set specific reduction targets or initiatives as part of its climate commitments, nor does it participate in the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further development in their climate strategy. The company’s emissions intensity has shown variability, with a reported intensity of 3.3e-05 kg CO2e per rupee of turnover in 2024, compared to 2.7e-05 kg CO2e in 2023. This indicates a potential area for improvement in aligning revenue growth with emissions reduction. Overall, while Neogen Chemicals has made strides in emissions reporting, the lack of reduction commitments highlights an opportunity for the company to enhance its climate action framework.
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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 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.
