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 52 is higher than 73% 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 56230000 kg CO2e for Scope 1, 79415000 kg CO2e for Scope 2, and 499659000 kg CO2e for Scope 3 emissions. This represents a significant portion of their overall carbon footprint, with Scope 3 emissions being the largest contributor. In 2023, the company recorded emissions of about 55229000 kg CO2e (Scope 1), 75494000 kg CO2e (Scope 2), and 450639000 kg CO2e (Scope 3). The trend indicates a slight increase in Scope 3 emissions compared to the previous year, which was approximately 477407000 kg CO2e in 2022. Piramal Enterprises has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of SBTi (Science Based Targets initiative) reduction targets suggests that the company may not have formalised goals for reducing emissions in line with climate science. The emissions data is not cascaded from any parent organisation, indicating that the figures are independently reported by Piramal Enterprises Limited. The company has disclosed emissions across all three scopes, demonstrating transparency in their reporting practices. Overall, while Piramal Enterprises Limited has made strides in emissions reporting, the lack of defined reduction targets highlights an area for potential improvement in their climate strategy.
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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.
