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.
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.
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.
Piramal Enterprises Limited's score of 58 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Piramal Enterprises Limited reported total carbon emissions of approximately 105,593,000 kg CO2e. This figure includes 56,230,000 kg CO2e from Scope 1 emissions, 79,415,000 kg CO2e from Scope 2 emissions, and a significant 499,659,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (191,060,000 kg CO2e) and the use of sold products (113,702,000 kg CO2e). In comparison, the 2023 emissions data indicated a total of about 98,073,000 kg CO2e, with Scope 1 emissions at 55,229,000 kg CO2e, Scope 2 at 75,494,000 kg CO2e, and Scope 3 at 450,639,000 kg CO2e. This shows an increase in total emissions year-on-year, highlighting the need for enhanced climate action. Piramal Enterprises has committed to reducing its carbon footprint by applying for Science Based Targets Initiative (SBTi) approval, with specific near-term reduction targets set for both Scope 1 and Scope 2 emissions from 2023 to 2025. While the overall reduction percentages have not been specified, the commitment to SBTi indicates a strategic approach towards achieving net-zero emissions in the future. The company has disclosed emissions data across all three scopes, demonstrating transparency in its climate reporting. As it moves forward, Piramal Enterprises aims to implement effective strategies to mitigate its environmental impact and align with global climate goals.
Access structured emissions data, company-specific emission factors, and source documents
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 |
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.