Parag Milk Foods Limited
Parag Milk Foods Limited, a prominent player in the dairy products industry, is headquartered in India and operates extensively across the country. Founded in 1992, the company has established itself as a leader in the production of high-quality dairy products, including milk, cheese, butter, and yogurt. Parag Milk Foods is renowned for its commitment to innovation and quality, offering unique products such as the popular brand "Go Cheese" and a range of organic dairy options.
With a strong market presence, Parag Milk Foods has achieved significant milestones, including the introduction of advanced processing techniques and sustainable practices. The company is dedicated to delivering nutritious and delicious dairy solutions, making it a trusted choice for consumers. Its focus on quality and customer satisfaction has solidified its position as a key player in the Indian dairy sector.
-18 vs industry average
Parag Milk Foods Limited’s score of 1 is lower than 0% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Dairy Processing is among the most carbon-intensive industries
Industry performance
The Dairy Processing industry has reduced its overall emissions by 23% since 2018
Emissions trajectory 2020 – 2026
Reported emissions
Scope 3 accounts for ••• of total emissions.
Parag Milk Foods Limited's reported carbon emissions
Parag Milk Foods Limited, an India-based dairy products company, reported total Scope 1 and Scope 2 emissions of approximately 134.38 billion kg CO2e for the fiscal year ending 2023. This figure comprises approximately 93.78 billion kg CO2e from Scope 1 emissions and approximately 40.60 billion kg CO2e from Scope 2 emissions.
For the fiscal year ending 2022, the company's reported Scope 1 and Scope 2 emissions totalled approximately 140.77 billion kg CO2e, with Scope 1 accounting for roughly 102.34 billion kg CO2e and Scope 2 for approximately 38.43 billion kg CO2e.
In terms of emissions intensity, Parag Milk Foods Limited reported a Scope 1 and 2 emission intensity of approximately 0.28 tonnes CO2e per tonne of physical output for the fiscal year 2023, and approximately 0.26 tonnes CO2e per tonne of physical output for the fiscal year 2024. Furthermore, for the fiscal year 2023, the intensity was approximately 6.7 x 10^-9 kg CO2e per rupee of turnover, and for the fiscal year 2024, it was approximately 4.8 x 10^-9 kg CO2e per rupee of turnover.
The company has not disclosed specific reduction targets or commitments to initiatives like the Science Based Targets initiative (SBTi) or RE100. Its climate reporting currently focuses on Scope 1 and Scope 2 emissions, with Scope 3 emissions, particularly purchased goods and services, identified as a missing data point for reporting.
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Parag Milk Foods Limited’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Parag Milk Foods Limited yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Emissions comparison with industry peers
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Parag Milk Foods Limited
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