Solara Active Pharma Sciences Ltd
Solara Active Pharma Sciences Ltd, headquartered in India, is a prominent player in the pharmaceutical industry, specialising in the development and manufacturing of active pharmaceutical ingredients (APIs) and intermediates. Founded in 2017, the company has quickly established itself as a key provider of high-quality products, catering to both domestic and international markets. With a focus on innovation and sustainability, Solara offers a diverse range of APIs, particularly in the therapeutic areas of anti-infectives, cardiovascular, and central nervous system medications. The company’s commitment to quality and regulatory compliance has earned it a strong market position, with notable achievements in securing approvals from major global regulatory bodies. Solara's strategic operational regions extend across Asia, Europe, and the Americas, reinforcing its status as a trusted partner in the pharmaceutical supply chain.
DitchCarbon Score
How does Solara Active Pharma Sciences Ltd'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
Solara Active Pharma Sciences Ltd's score of 21 is lower than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Solara Active Pharma Sciences Ltd's reported carbon emissions
In 2023, Solara Active Pharma Sciences Ltd reported total carbon emissions of approximately 11,168,000 kg CO2e for Scope 1 and about 43,425,000 kg CO2e for Scope 2. This represents a slight increase in Scope 1 emissions compared to 2022, where they were about 10,169,000 kg CO2e, while Scope 2 emissions decreased from approximately 50,693,000 kg CO2e in the previous year. For 2024, the company anticipates a significant rise in emissions, with Scope 1 projected at around 33,489,000 kg CO2e and Scope 2 at approximately 43,622,000 kg CO2e. This indicates a notable increase in Scope 1 emissions, which may raise concerns regarding their overall carbon footprint. Despite these figures, Solara has not disclosed any specific reduction targets or initiatives aimed at decreasing their carbon emissions. The absence of documented climate pledges or science-based targets suggests that the company may need to enhance its commitment to sustainability and climate action in the pharmaceutical industry. Overall, while Solara's emissions data reflects ongoing operational challenges, the lack of clear reduction strategies highlights an opportunity for the company to strengthen its environmental commitments moving forward.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 10,169,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 50,693,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
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.
Solara Active Pharma Sciences Ltd 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.
