- Regulatory requirement alterations can lead to compliance challenges, affecting product approvals.
- Pricing and market share may feel pressured due to competitive scenario.
- Challenges related to patent litigation or IP rights, can lead to significant legal costs and market exclusivity loss.
- Supply Chain disruptions for raw materials can lead to production delays and increased costs.
- Potential health risks posed by products can lead to liability claims and reputational damage.
- Operations can be disrupted and profitability can be hampered due to instability in key markets.
- Obsoletion of existing products or packages may be caused by rapid technological changes.
Shilpa Medicare Limited
Greenhouse gas emissions & sustainability report data
In its 2023-24 reporting, Shilpa Medicare Limited disclosed greenhouse gas emissions of 3.7K tCO2e/year (Scope 1) and 20389.90 tCO2e/year (Scope 2). By scope: Scope 1: 3.7K tCO2e/year; Scope 2: 20.4K 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
3.7K tCO2e/year (Scope 1) and 20389.90 tCO2e/year (Scope 2)
2023-24
Renewable Energy
88.3%
of total energy
Water Usage
51.6K m3/year
2023-24
Waste
90.59 tons/year
2023-24
📊 Emissions by Scope (2023-24)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 3.7K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 20.4K 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 period | Headline emissions figure reported |
|---|---|
| 2023-24 | 3.7K tCO2e/year (Scope 1) and 20389.90 tCO2e/year (Scope 2) |
| 2022-23 | 27.3K 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
- Reduced GHG emissions by approximately 10000 tons year on year by using renewable fuel Biomass in place of fossil fuel for thermal energy requirements.
- 88.3% of total energy needs are sourced from renewable origin.
- Overall Raw water consumption is reduced by about 9.0% compared to 22-23
- 42148 KL of treated water is Recycled
🎯 Climate & Sustainability Targets
📅 Medium-term
- 100% powered by renewable sources by 2030
🔭 Long-term
- Net zero carbon Company by 2050
🌱 ESG Focus Areas
EnvironmentalSocialGovernance