Wockhardt
Wockhardt Limited, a prominent player in the global pharmaceutical industry, is headquartered in Mumbai, India. Founded in 1960, the company has established a strong presence in key operational regions, including the United States, Europe, and emerging markets. Wockhardt is renowned for its innovative approach to healthcare, focusing on biotechnology, generics, and specialty pharmaceuticals. The company’s core products encompass a diverse range of therapeutic areas, including antibiotics, vaccines, and biopharmaceuticals, distinguished by their commitment to quality and research-driven development. Wockhardt has achieved notable milestones, such as receiving multiple FDA approvals and expanding its manufacturing capabilities across the globe. With a robust market position, Wockhardt continues to contribute significantly to the healthcare landscape, driven by its dedication to improving patient outcomes and advancing medical science.
DitchCarbon Score
How does Wockhardt'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
Wockhardt's score of 40 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Wockhardt's reported carbon emissions
In 2024, Wockhardt reported total carbon emissions of approximately 26,445,800 kg CO2e, with Scope 1 emissions at about 1,801,110 kg CO2e and Scope 2 emissions significantly higher at approximately 55,818,850 kg CO2e. Scope 3 emissions were recorded at about 308,710 kg CO2e, encompassing various categories such as capital goods (approximately 3,736,100 kg CO2e) and downstream transportation and distribution (approximately 10,993,320 kg CO2e). Wockhardt has set ambitious climate commitments, aiming for a 50% reduction in absolute emissions across both Scope 1 and Scope 2 by 2030, with the baseline year being 2021. This target reflects a proactive approach to mitigating climate impact and aligns with industry standards for carbon reduction. In 2023, the company reported Scope 1 emissions of approximately 19,167,000 kg CO2e and Scope 2 emissions of about 112,712,000 kg CO2e, indicating a significant focus on addressing emissions from direct operations and energy consumption. The previous year's data from 2022 showed even higher emissions, with Scope 1 at approximately 32,846,000 kg CO2e and Scope 2 at about 143,853,000 kg CO2e, highlighting the need for effective reduction strategies. Wockhardt's commitment to sustainability is further underscored by its participation in initiatives such as the CDP, although it does not currently have SBTi targets. The company's ongoing efforts reflect a dedication to reducing its carbon footprint and contributing to global climate goals.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 32,846,000 | 00,000,000 | 0,000,000 |
| Scope 2 | 143,853,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000 |
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.
Wockhardt 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.
