Ipca Laboratories Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2022

In its 2023-04 to 2024-03 reporting, Ipca Laboratories Limited disclosed greenhouse gas emissions of 312.9K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 174.5K tCO2e/year; Scope 2: 137.3K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.

💨
GHG Emissions
312.9K tCO2e/year (Scope 1 & 2)
2023-04 to 2024-03
💧
Water Usage
1.1M m3/year
2023-04 to 2024-03
♻️
Waste
42.9K tons/year
2023-04 to 2024-03

📊 Emissions by Scope (2023-04 to 2024-03)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).174.5K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.137.3K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2023-04 to 2024-03312.9K tCO2e/year (Scope 1 & 2)

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

📅 Medium-term

  • 20% reduction in carbon emissions by 2030 (scope 1 & 2)
  • 35% of hazardous waste to be disposed through co-processing by 2030
  • 100 % of our critical suppliers to be compliant with our sustainable procurement policy by 2030
  • 20% of women employees in our offices by 2030

🌱 ESG Focus Areas

Energy and EmissionsWater ManagementWaste ManagementSustainable Supply ChainCommunity EngagementDiversity, Equity and InclusionProduct quality and safetyHuman RightsHuman Resource DevelopmentResearch and DevelopmentBusiness Conduct and EthicsRisk ManagementData Privacy and Digitization

⚠️ Challenges & Risks +

  • Increasing demand for products will lead to the need for increased manufacturing capacity and a subsequent increase in emissions
  • Water being a scarce resource on the planet and essential component of all processes, poses a risk to the future operations
  • The waste generated from our facilities has to be disposed in the most appropriate manner
  • Violation of any form of human rights can lead to reputation damage and/or financial repercussions
  • Any transgression of the organization’s ethical standards may result in the loss of goodwill of the business and may have financial and legal repercussions
  • As a part of the pharmaceutical industry, it is mandatory that data with respect to drugs and drugs products as well as customers remains confidential

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: NGRBC