Hikal Sustainability Profile
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.
DitchCarbon Score
How does Hikal'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
Hikal's score of 32 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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Hikal's reported carbon emissions
In 2024, Hikal Limited reported total carbon emissions of approximately 88,218,720 kg CO2e, comprising about 21,410,710 kg CO2e from Scope 1 and about 67,287,010 kg CO2e from Scope 2. This represents a slight decrease in emissions compared to 2023, where total emissions were approximately 94,711,540 kg CO2e, with Scope 1 emissions at about 26,793,240 kg CO2e and Scope 2 emissions at about 67,737,300 kg CO2e. Hikal has set an ambitious target to achieve a 30% reduction in both Scope 1 and Scope 2 emissions by the fiscal year 2027-28, using 2022-23 levels as a baseline. This commitment reflects Hikal's dedication to decarbonisation and aligns with industry standards for climate action. The company is currently not committed to net-zero targets but has made a near-term commitment to reduce emissions, as indicated in their sustainability reports. Overall, Hikal's emissions data and reduction initiatives demonstrate a proactive approach to addressing climate change within the pharmaceuticals, biotechnology, and life sciences sector in India.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 57,457,000 | 00,000,000 | 00,000,000 |
| Scope 2 | - | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - |
How Carbon Intensive is Hikal's Industry?
How Carbon Intensive is Hikal's Location?
Hikal'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.
Hikal has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Hikal's sustainability data and climate commitments