Wockhardt Sustainability Profile
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 59% 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 10,052,280 kg CO2e for Scope 1 and about 55,818,850 kg CO2e for Scope 2, alongside approximately 308,710 kg CO2e for Scope 3 emissions. This marks a significant reduction from 2023, where emissions were about 19,167,000 kg CO2e for Scope 1 and approximately 112,712,000 kg CO2e for Scope 2. In 2022, the figures were even higher, with Scope 1 emissions at around 32,846,000 kg CO2e and Scope 2 at about 143,853,000 kg CO2e. Wockhardt has set ambitious climate commitments, aiming for a 50% reduction in absolute emissions for both Scope 1 and Scope 2 by 2030, with the baseline year being 2021. This target reflects the company's proactive approach to addressing climate change and reducing its carbon footprint. The reduction initiatives are documented in their ESG reports, indicating a structured plan to achieve these goals. Wockhardt's emissions data is not cascaded from any parent company, and all figures are reported directly from Wockhardt Limited. The company is committed to transparency and accountability in its climate actions, aligning with industry standards for sustainability.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 32,846,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 143,853,000 | 000,000,000 | 00,000,000 |
| Scope 3 | - | - | 000,000 |
How Carbon Intensive is Wockhardt's Industry?
How Carbon Intensive is Wockhardt's Location?
Wockhardt's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Wockhardt has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
