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 18 is lower than 78% 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 54,430,000 kg CO2e, comprising 11,168,000 kg CO2e from Scope 1 and 43,425,000 kg CO2e from Scope 2. This data reflects the company's operational emissions and energy-related emissions, highlighting its environmental impact. For 2022, the company recorded similar emissions, with 10,169,000 kg CO2e from Scope 1 and 50,693,000 kg CO2e from Scope 2, indicating a slight increase in total emissions year-on-year. In 2021, emissions were consistent with 2022 figures, further emphasising a stable emission profile over these years. Despite these figures, Solara Active Pharma Sciences Ltd has not disclosed any specific reduction targets or initiatives as part of its climate commitments. The absence of Science-Based Targets Initiative (SBTi) reduction targets suggests that the company may still be in the early stages of formalising its climate strategy. Overall, while Solara Active Pharma Sciences Ltd has provided emissions data for the past three years, it currently lacks defined climate pledges or significant reduction initiatives, positioning it within an industry context that increasingly prioritises sustainability and carbon neutrality.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| 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.
