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OrganisationsHikal
Hikal logo

Hikal

Pharmaceutical Preparation ManufacturingIndiaNSE: HIKAL.NS
Last verified 13 days agohikal.com

Hikal Limited, a prominent player in the pharmaceutical and agrochemical sectors, is headquartered in India. Established in 1988, the company has made significant strides in providing high-quality active pharmaceutical ingredients (APIs) and intermediates, alongside a diverse range of agrochemical products. With a strong operational presence across India and international markets, Hikal has positioned itself as a trusted partner for global pharmaceutical and agricultural companies.

Hikal's core offerings include custom synthesis, contract manufacturing, and a robust portfolio of APIs that cater to various therapeutic areas. The company is recognised for its commitment to quality and innovation, which has earned it several industry accolades. As a leader in its field, Hikal continues to drive advancements in sustainable practices and technology, solidifying its reputation as a key contributor to the global healthcare and agriculture landscape.

28
DitchCarbon score

-10 vs industry average

Hikal’s score of 28 is higher than 52% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Industry Intensity

Low

Pharmaceutical Preparation Manufacturing has below-average carbon intensity

Industry performance

0.086
02025

The Pharmaceutical Preparation Manufacturing industry has reduced its overall emissions by 19% since 0

Emissions trajectory 2020 – 2027

000.0M00.0M00.0M00.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Hikal's reported carbon emissions

In 2024, Hikal Limited reported total emissions of approximately 88,218,720 kg CO2e, comprising 21,410,710 kg CO2e from Scope 1 and 67,287,010 kg CO2e from Scope 2. The company has set an ambitious target to achieve a 30% reduction in both Scope 1 and Scope 2 emissions by the fiscal year 2027-28, compared to the 2022-23 levels. This commitment reflects Hikal's dedication to decarbonisation and aligns with industry standards for climate action. In 2023, Hikal's emissions were approximately 94,670,540 kg CO2e, with Scope 1 emissions at 26,793,240 kg CO2e and Scope 2 emissions at 67,737,300 kg CO2e. The company has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. Hikal's climate commitments are part of a broader strategy to enhance sustainability within the pharmaceuticals, biotechnology, and life sciences sector. The company is actively working towards these reduction targets, demonstrating a proactive approach to addressing climate change and reducing its carbon footprint.

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Hikal’s Climate Goals (2030 & 2050)

2 goals

2028

30% reduction in Scope 1

We have embarked on an ambitious decarbonisation journey, firmly aligned with our commitment to achieve a 30% reduction in Scope 1 and 2 emi…

At risk30%

2030

62% reduction in total GHG

Vs 2019 baseline. Validated by SBTi. Includes full supply chain.

At risk48%

2040

50% reduction in Scope 3 intensity

Across purchased goods and services and logistics.

Behind target22%

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Scope 3 top emissions categories

No scope 3 category breakdown has been disclosed yet.

Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

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Active
CDP

Carbon Disclosure Project

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Active
THE CLIMATE PLEDGE

The Climate Pledge

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Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

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Not active
RE 100

RE 100

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Not active
Climate Action 100+

Climate Action 100

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Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Hikal logoHikal
INPharmaceutical Preparation Manufacturing
13 days ago
28
Glaxosmithkline logoGlaxosmithkline
GBPharmaceutical Preparation Manufacturing
3 hours ago
100
View
Sanofi logoSanofi
FRResearch Services
6 hours ago
100
View
Novartis logoNovartis
CHPharmaceutical Preparation Manufacturing
3 days ago
100
View
Astra Zeneca logoAstra Zeneca
GBPharmaceutical Preparation Manufacturing
7 days ago
100
View
Roche Holding AG logoRoche Holding AG
CHPharmaceutical Preparation Manufacturing
5 hours ago
91
View
Pfizer logoPfizer
USPharmaceutical Preparation Manufacturing
3 days ago
81
View

Frequently asked questions

Common questions about Hikal’s sustainability data and climate commitments

Hikal's total carbon emissions for 2024 were approximately 88.2 million kg CO₂e. This figure includes around 21.4 million kg CO₂e from Scope 1 emissions and about 67.3 million kg CO₂e from Scope 2 emissions. The company is actively working to reduce these emissions by approximately 30% by the fiscal year 2027-28, compared to the 2022-23 levels, reflecting its commitment to sustainability in the pharmaceutical sector.

Data year: 2024

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Where does DitchCarbon
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