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Hikal Limited, commonly referred to as Hikal, is a prominent player in the pharmaceutical preparation manufacturing industry, with its headquarters based in India. Established in 1988, the company has grown to serve a diverse global client base, primarily across North America, Europe, and Asia. Hikal specialises in the development and manufacturing of active pharmaceutical ingredients (APIs), intermediates, and custom synthesis services, recognised for their high quality and compliance with international standards.
With a strong focus on innovation and regulatory excellence, Hikal has earned a notable reputation within the pharmaceutical sector. Its strategic milestones include expanding its manufacturing capabilities and establishing a robust presence in the global pharmaceutical supply chain. As a key industry participant, Hikal continues to advance its offerings, supporting the development of life-saving medicines worldwide.
34
DitchCarbon score
-8 vs industry average
Hikal’s score of 34 is lower than 46% 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
Very Low
Pharmaceutical Preparation Manufacturing is among the least carbon-intensive industries
Industry performance
0.243
02025
The Pharmaceutical Preparation Manufacturing industry has increased its overall emissions by 132% since 0
Emissions trajectory 2020 – 2027
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
Hikal, a Pharmaceutical Preparation Manufacturing company based in India, reported its Scope 1 emissions for 2024 as 21,410,710 kg CO2e and Scope 2 emissions as 67,287,010 kg CO2e. For 2023, the company's Scope 1 emissions were 26,793,240 kg CO2e and Scope 2 emissions were 67,737,300 kg CO2e. In 2022, Hikal's Scope 1 emissions were 57,457,000 kg CO2e; Scope 2 and 3 data were not disclosed for this year.
Hikal is committed to an ambitious decarbonisation journey, aiming to achieve a 30% reduction in Scope 1 and 2 emissions by the 2027-28 financial year, compared to 2022-23 levels. The company has also committed to setting science-based targets, as confirmed by the Science Based Targets initiative (SBTi).
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Hikal’s Climate Goals (2030 & 2050)
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
On track94%
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%
Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
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Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Not active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Hikal3 months ago
34
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Frequently asked questions
Common questions about Hikal’s sustainability data and climate commitments
Usage policy
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