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 6 is lower than 92% 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 2024, Parag Milk Foods Limited reported total carbon emissions of approximately 115,254,000 kg CO2e for Scope 1 and about 34,979,000 kg CO2e for Scope 2, resulting in a combined total of around 150,233,000 kg CO2e. In 2023, the company recorded emissions of about 96,641,000 kg CO2e for Scope 1 and approximately 40,068,000 kg CO2e for Scope 2, leading to a total of around 136,709,000 kg CO2e. The company has disclosed emissions data for Scope 1 and Scope 2 but has not provided information on Scope 3 emissions. Notably, Parag Milk Foods has not set specific reduction targets or climate pledges, indicating a potential area for future commitment in climate action. The emission intensity per rupee of turnover for 2024 was reported at approximately 4.8e-09 kg CO2e, while the intensity in terms of physical output was about 0.26 tonnes CO2e. In 2023, these figures were approximately 6.7e-09 kg CO2e per rupee and 0.28 tonnes CO2e, respectively. Overall, while Parag Milk Foods Limited has made strides in tracking its emissions, the absence of defined reduction targets suggests an opportunity for enhanced climate commitments moving forward.
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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 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.
