Public Profile

Shilpa Medicare

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.

32

Industry Average

Mean score of companies in the Medical Device 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.

5

Industry Benchmark

Shilpa Medicare's score of 32 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.

88%

Shilpa Medicare's reported carbon emissions

In 2023, Shilpa Medicare, headquartered in India, reported total carbon emissions of approximately 15,232,280 kg CO2e, comprising 1,523,280 kg CO2e from Scope 1, 14,691,660 kg CO2e from Scope 2, and 710,410 kg CO2e from Scope 3 emissions. This reflects a decrease in Scope 2 emissions compared to 2022, where they were about 15,503,870 kg CO2e. The company has committed to achieving net-zero emissions across all scopes by 2050, with a long-term target set in 2023. This commitment aligns with industry standards and reflects a proactive approach to climate change mitigation. Shilpa Medicare's ongoing efforts to reduce its carbon footprint demonstrate its dedication to sustainability within the pharmaceuticals, biotechnology, and life sciences sector.

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202220232024
Scope 1
1,516,970
0,000,000
0,000,000
Scope 2
15,503,870
00,000,000
00,000,000
Scope 3
877,770
000,000
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Shilpa Medicare's primary industry is Medical, precision and optical instruments, watches and clocks (33), which is 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. Shilpa Medicare is headquartered in IN, which has a rank of very high, indicating very high grid carbon 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.

Shilpa Medicare is committed to some reduction initiatives 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
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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