Titan Laboratories, headquartered in India, is a leading player in the pharmaceutical and biotechnology sectors. Founded in 2005, the company has established a strong presence in major operational regions across Asia and Europe, focusing on innovative solutions in drug development and manufacturing. Specialising in high-quality active pharmaceutical ingredients (APIs) and advanced formulations, Titan Laboratories distinguishes itself through its commitment to research and development, ensuring compliance with international standards. The company has achieved significant milestones, including several successful product launches and partnerships with global pharmaceutical firms. With a reputation for excellence and reliability, Titan Laboratories continues to strengthen its market position, contributing to advancements in healthcare and improving patient outcomes worldwide.
How does Titan Laboratories'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.
Mean score of companies in the Business Services 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.
Titan Laboratories's score of 27 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Titan Laboratories reported total carbon emissions of approximately 36,867,730 kg CO2e from Scope 1, 18,792,500 kg CO2e from Scope 2, and 80,573,600 kg CO2e from Scope 3. This represents a reduction in Scope 1 emissions from about 4,337,330 kg CO2e in 2022, and a decrease in Scope 2 emissions from approximately 22,105,820 kg CO2e in the previous year. However, Scope 3 emissions increased from about 70,328,240 kg CO2e in 2022. Despite these figures, Titan Laboratories has not disclosed any specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The company’s commitment to addressing climate change remains unclear, as no formal reduction strategies have been outlined. As a significant player in the industry, Titan Laboratories is expected to enhance its climate commitments to align with global sustainability goals.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2022 | 2023 | |
---|---|---|
Scope 1 | 4,337,330 | 0,000,000 |
Scope 2 | 22,105,820 | 00,000,000 |
Scope 3 | 70,328,240 | 00,000,000 |
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.
Titan Laboratories is not committed to any 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.