Parag Milk Foods Limited
Parag Milk Foods Limited, a prominent player in the dairy industry, is headquartered in Maharashtra, India. Established in 1992, the company has grown to become a leading manufacturer of a diverse range of dairy products, including milk, cheese, butter, and yogurt. With a strong operational presence across various regions in India, Parag Milk Foods has carved a niche for itself through its commitment to quality and innovation. The company is renowned for its flagship brand, 'Pride of Cows', which offers premium, farm-fresh milk directly sourced from its own farms. Parag Milk Foods has achieved significant milestones, including the introduction of value-added products that cater to evolving consumer preferences. As a market leader, the company continues to set benchmarks in the dairy sector, focusing on sustainability and excellence in production practices.
DitchCarbon Score
How does Parag Milk Foods Limited'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 Dairy Processing 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
Parag Milk Foods Limited's score of 9 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Parag Milk Foods Limited's reported carbon emissions
In 2023, Parag Milk Foods Limited reported total carbon emissions of approximately 96,641,000 kg CO2e from Scope 1 and 40,068,000 kg CO2e from Scope 2, amounting to a combined total of about 136,709,000 kg CO2e. The company’s emissions intensity was recorded at 0.28 kg CO2e per tonne of physical output. For the previous year, 2024, emissions increased, with Scope 1 emissions at approximately 115,254,000 kg CO2e and Scope 2 emissions at about 34,979,000 kg CO2e, leading to a total of around 150,233,000 kg CO2e. The emissions intensity for this year improved slightly to 0.26 kg CO2e per tonne of physical output. Despite these figures, Parag Milk Foods has not disclosed any specific reduction targets or initiatives as part of their climate commitments. The absence of a climate pledge or SBTi (Science Based Targets initiative) targets indicates a need for further action in addressing their carbon footprint. The company operates within the dairy industry, which is under increasing pressure to enhance sustainability practices and reduce greenhouse gas emissions.
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| 2023 | 2024 | |
|---|---|---|
| Scope 1 | 96,641,000 | 000,000,000 |
| Scope 2 | 40,068,000 | 00,000,000 |
| 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.
Parag Milk Foods Limited 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.
