Piramal Enterprises Limited
Piramal Enterprises Limited, a prominent player in the Indian conglomerate landscape, is headquartered in Mumbai, India. Founded in 1984, the company has established itself across diverse sectors, including pharmaceuticals, financial services, and real estate. With a strong presence in both domestic and international markets, Piramal operates in key regions such as North America, Europe, and Asia. The company is renowned for its innovative pharmaceutical products, particularly in the areas of drug development and manufacturing. Its financial services division offers a range of solutions, including structured finance and investment management, while its real estate segment focuses on residential and commercial projects. Piramal's commitment to quality and sustainability has earned it a notable position in the market, making it a trusted name in various industries.
DitchCarbon Score
How does Piramal Enterprises 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 Pharmaceutical Preparation 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.
Industry Benchmark
Piramal Enterprises Limited's score of 58 is higher 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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Piramal Enterprises Limited's reported carbon emissions
In 2024, Piramal Enterprises Limited reported total carbon emissions of approximately 105,593,000 kg CO2e. This figure includes Scope 1 emissions of about 56,230,000 kg CO2e, Scope 2 emissions of around 79,415,000 kg CO2e, and significant Scope 3 emissions totalling approximately 499,659,000 kg CO2e. The Scope 3 emissions encompass various categories, with the largest contributions from purchased goods and services (about 191,060,000 kg CO2e) and the use of sold products (approximately 113,702,000 kg CO2e). In 2023, the company reported total emissions of about 98,073,000 kg CO2e, with Scope 1 at approximately 55,229,000 kg CO2e and Scope 2 at around 75,494,000 kg CO2e, alongside Scope 3 emissions of about 450,639,000 kg CO2e. This indicates a slight increase in total emissions from 2023 to 2024. Piramal Enterprises has committed to reducing its carbon footprint by applying for Science Based Targets Initiative (SBTi) approval for both Scope 1 and Scope 2 emissions, with a target timeframe from 2023 to 2025. While specific reduction percentages have not been disclosed, the commitment to SBTi reflects a strategic approach towards achieving net-zero emissions in the near term. Overall, Piramal Enterprises Limited is actively working towards enhancing its sustainability practices and reducing its carbon emissions across all scopes, aligning with global climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 40,881,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 86,928,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Piramal Enterprises 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.
