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Shilpa Medicare
Pharmaceutical Preparation ManufacturingIndiaBSE: SHILPAMED.BO
Last verified 11 months agovbshilpa.com
Shilpa Medicare Limited, commonly known as Shilpa Medicare, is a distinguished pharmaceutical company founded in 1987 and headquartered in Raichur, Karnataka, India. As a key player in Pharmaceutical Preparation Manufacturing, the company specialises in developing and producing high-quality Active Pharmaceutical Ingredients (APIs) and finished dosage formulations, with a strong focus on both oncology and non-oncology segments.
Renowned for its robust research and development capabilities, Shilpa Medicare provides innovative and cost-effective solutions across its core business areas, including Contract Research and Manufacturing Services (CRAMS) and biologics. With significant operations in India and an expanding global footprint, the company maintains stringent compliance with international regulatory standards, serving markets worldwide.
37
DitchCarbon score
-5 vs industry average
Shilpa Medicare’s score of 37 is lower than 49% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Very Low
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
Industry performance
0.243
02025
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Emissions trajectory 2020 – 2028
202020212022202320242025202620272028
Reported emissions
Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e
Scope 3 accounts for ••• of total emissions.
Shilpa Medicare's reported carbon emissions
Shilpa Medicare, a Pharmaceutical Preparation Manufacturing company headquartered in India, has set ambitious climate commitments. The company aims to be 100% powered by renewable sources by 2030 and achieve net-zero carbon emissions by 2050, encompassing all scopes.
In 2025, Shilpa Medicare reported Scope 1 emissions of approximately 2,614,100 kg CO2e and Scope 2 emissions of about 12,670,200 kg CO2e. For 2024, their Scope 1 emissions were around 3,690,310 kg CO2e, and Scope 2 emissions were approximately 20,389,900 kg CO2e. In 2023, the company's Scope 1 emissions were about 1,523,280 kg CO2e, with Scope 2 emissions at approximately 14,691,660 kg CO2e. In 2022, Shilpa Medicare reported Scope 1 emissions of approximately 1,523,280 kg CO2e, Scope 2 emissions of about 14,691,660 kg CO2e, and Scope 3 emissions of roughly 877,770 kg CO2e.
Shilpa Medicare Limited is also "Committed" to near-term targets with the Science Based Targets initiative (SBTi), as of May 2026. This commitment aligns with its broader net-zero ambition.
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Shilpa Medicare’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
At risk48%
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
Behind target22%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
See details
Active
Carbon Disclosure Project
See details
Not active
The Climate Pledge
See details
Not active
UN Global Compact Climate Champions initiative
See details
Not active
RE 100
See details
Not active
Climate Action 100
See details
Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Shilpa Medicare11 months ago
37
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Frequently asked questions
Common questions about Shilpa Medicare’s sustainability data and climate commitments
Usage policy
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