Neptune Wellness Solutions Inc., commonly referred to as Neptune, is a prominent player in the health and wellness industry, headquartered in Canada. Founded in 1998, the company has evolved significantly, focusing on innovative solutions in the hemp and cannabis sectors, particularly in the extraction and formulation of high-quality products. Neptune operates primarily in North America and Europe, offering a diverse range of services, including contract manufacturing and product development. Their core offerings, which include dietary supplements and personal care products, are distinguished by their commitment to sustainability and quality. With a strong market position, Neptune has achieved notable milestones, including strategic partnerships and expansions that enhance its reputation as a leader in the wellness space.
How does Neptune Wellness Solutions Inc.'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 Food Product 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.
Neptune Wellness Solutions Inc.'s score of 21 is higher than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Neptune Wellness Solutions Inc., headquartered in Canada, currently does not have available carbon emissions data for the most recent year. However, the company has outlined significant climate commitments aimed at reducing greenhouse gas (GHG) emissions across various scopes. Neptune Wellness Solutions has set ambitious near-term targets to reduce GHG emissions from its operations. Specifically, the company aims to achieve a reduction of at least 20% in GHG emissions from its fleet by 2030, with a long-term goal of reaching net-zero emissions by 2050, using 2008 as the baseline year. This commitment encompasses both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to tackling its carbon footprint. While specific emissions data is not currently available, these commitments demonstrate Neptune's proactive stance in addressing climate change and aligning with industry standards for sustainability. The company's initiatives are crucial in the context of increasing global emphasis on corporate responsibility towards climate action.
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.
Neptune Wellness Solutions Inc. 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.