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Pharmaceutical Preparation Manufacturing
IN
updated 23 days ago

Solara Active Pharma Sciences Ltd

Company website

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.

18

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.

33

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.

22%

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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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202120222023
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

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Solara Active Pharma Sciences Ltd'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 Solara Active Pharma Sciences Ltd 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.

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.

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?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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