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Pharmaceutical Preparation Manufacturing
IN
updated 12 days ago

Shilpa Medicare

Company website

Shilpa Medicare Limited, a prominent player in the pharmaceutical industry, is headquartered in India and operates extensively across various regions, including Europe and the United States. Founded in 1987, the company has established itself as a leader in the development and manufacturing of high-quality generic pharmaceuticals, particularly in oncology and other therapeutic areas. Shilpa Medicare is renowned for its innovative approach to drug formulation and delivery, offering a diverse portfolio of products that includes active pharmaceutical ingredients (APIs) and finished dosage forms. The company’s commitment to quality and compliance has earned it a strong market position, with notable achievements in regulatory approvals and partnerships with global healthcare providers. With a focus on research and development, Shilpa Medicare continues to advance its mission of improving patient outcomes worldwide.

DitchCarbon Score

How does Shilpa Medicare'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.

26

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.

32

Industry Benchmark

Shilpa Medicare's score of 26 is lower than 54% of the industry. This can give you a sense of how well the company is doing compared to its peers.

46%

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Shilpa Medicare's reported carbon emissions

In 2024, Shilpa Medicare reported total carbon emissions of approximately 24,892,210 kg CO2e, comprising about 3,690,310 kg CO2e from Scope 1 and about 20,389,900 kg CO2e from Scope 2 emissions. This reflects a significant increase from 2023, where emissions were approximately 16,220,940 kg CO2e, with Scope 1 emissions at about 1,523,280 kg CO2e and Scope 2 emissions at about 14,691,660 kg CO2e. In 2022, the company reported total emissions of approximately 27,000,000 kg CO2e globally, which included about 3,900,120 kg CO2e from Scope 1, about 22,246,110 kg CO2e from Scope 2, and approximately 877,770 kg CO2e from Scope 3 emissions. The emissions data for 2022 in India mirrored the global figures, with total emissions of about 17,207,840 kg CO2e, consisting of approximately 1,516,970 kg CO2e from Scope 1 and about 15,503,870 kg CO2e from Scope 2. Shilpa Medicare has not set specific reduction targets or climate pledges, and there are no emissions data cascaded from a parent or related organization. The company is actively monitoring its emissions but has not disclosed any formal commitments to reduce its carbon footprint.

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202220232024
Scope 1
3,900,120
0,000,000
0,000,000
Scope 2
22,246,110
00,000,000
00,000,000
Scope 3
877,770
-
-

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Shilpa Medicare's primary industry is Pharmaceutical Preparation Manufacturing, which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Shilpa Medicare is in IN, which has a very high grid carbon intensity relative to other regions.

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.

Shilpa Medicare 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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