Parag Milk Foods Limited Sustainability Profile
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 0 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Parag Milk Foods Limited's reported carbon emissions
In 2023, Parag Milk Foods Limited reported total carbon emissions of approximately 150.2 million kg CO2e, comprising about 115.3 million kg CO2e from Scope 1 and about 34.9 million kg CO2e from Scope 2 emissions. The company has not disclosed any Scope 3 emissions data. Comparatively, in 2022, the total emissions were approximately 136.7 million kg CO2e, with Scope 1 emissions at about 96.6 million kg CO2e and Scope 2 emissions at about 40.1 million kg CO2e. This indicates an increase in total emissions from 2022 to 2023. Parag Milk Foods Limited has not set any specific reduction targets or initiatives as part of their climate commitments, nor have they reported any Science-Based Targets Initiative (SBTi) targets. The company is currently focused on monitoring its emissions without publicly stated goals for reduction. The emissions data is not cascaded from any parent organization, and all figures are directly reported by Parag Milk Foods Limited. The company continues to engage in climate-related disclosures, although specific reduction strategies remain unspecified.
How Carbon Intensive is Parag Milk Foods Limited's Industry?
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Parag Milk Foods Limited's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Parag Milk Foods Limited has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
