Neuland Laboratories Limited, commonly referred to as Neuland Labs, is a prominent player in the pharmaceutical industry, headquartered in Hyderabad, India. Founded in 1984, the company has established itself as a leading manufacturer of active pharmaceutical ingredients (APIs) and intermediates, catering to both domestic and international markets. With a strong focus on quality and innovation, Neuland Labs offers a diverse range of products, including custom synthesis and contract manufacturing services. The company is renowned for its expertise in complex molecules and has achieved significant milestones, such as obtaining multiple regulatory approvals from global health authorities. Neuland Labs is well-positioned in the market, recognised for its commitment to sustainability and customer-centric solutions. Its strategic operational regions extend across North America, Europe, and Asia, making it a trusted partner for pharmaceutical companies worldwide.
How does Neuland Laboratories'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.
Neuland Laboratories's score of 43 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Neuland Laboratories reported total carbon emissions of approximately 60,092,420 kg CO2e, a reduction from about 69,778,000 kg CO2e in 2022. The emissions breakdown for 2023 includes 27,442,350 kg CO2e from Scope 1, 27,245,080 kg CO2e from Scope 2, and 5,406,000 kg CO2e from Scope 3. This trend of decreasing emissions is notable, as the company has committed to achieving net-zero emissions across all scopes by 2050, with a commitment made in September 2023. In 2024, Neuland Laboratories further reduced its total emissions to approximately 54,116,730 kg CO2e, with Scope 1 emissions at 22,983,060 kg CO2e, Scope 2 at 28,096,850 kg CO2e, and Scope 3 at 3,036,820 kg CO2e. This demonstrates a continued commitment to lowering their carbon footprint. Neuland Laboratories is actively working towards its long-term climate goals, aligning with the Science Based Targets initiative (SBTi) to ensure their strategies are in line with global climate targets. The company’s efforts reflect a proactive approach to sustainability within the pharmaceuticals, biotechnology, and life sciences sector, positioning them as a responsible player in addressing climate change.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Scope 1 | 36,580,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 2 | 24,959,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
Scope 3 | 5,881,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Neuland Laboratories is committed to some 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.