Granules India Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-24🗂️ Report periods on file: 2023-24, 2022-23

In its 2023-24 reporting, Granules India Limited disclosed greenhouse gas emissions of 87.9K tCO2e/year (Scope 1 & 2). By scope: Scope 1: 56.3K tCO2e/year; Scope 2: 31.6K tCO2e/year; Scope 3: 633.8K 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
87.9K tCO2e/year (Scope 1 & 2)
2023-24
⚡
Renewable Energy
47%
of total energy
💧
Water Usage
226.1K KL/year
2023-24
♻️
Waste
7.2K MT/year
2023-24
⚙️
Energy Use
875.95 TJ/year
2023-24

📊 Emissions by Scope (2023-24)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).56.3K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.31.6K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).633.8K 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
2023-2487.9K tCO2e/year (Scope 1 & 2)
2022-23110.0K tCO2 eq

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

🔜 Short-term

  • Increase renewable energy mix
  • Develop internal carbon pricing by FY 24-25
  • Energy intensity reduction by 20% by FY 26-27
  • Water intensity reduction by 27% by FY 26-27
  • 27% reduction in waste to landfill by FY 26-27

📅 Medium-term

  • Achieve net-zero targets by 2050
  • Reduce Scope 1 and 2 absolute emissions by 42% by FY 29-30
  • Reduce Scope 3 absolute emissions by 42% by FY 29-30
  • Work with strategic suppliers to set SBTi emission reduction targets by FY 26-27
  • Achieve zero waste to landfill by FY 30

🔭 Long-term

  • Net zero emissions by 2050

🌱 ESG Focus Areas

Climate ChangeEnvironmental StewardshipSocial ResponsibilityGovernanceHuman RightsSupply Chain Sustainability

⚠️ Challenges & Risks +

  • Cyber incident affecting operations and performance
  • Decline in Paracetamol API sales due to higher customer inventory and price erosion
  • Supply chain disruptions due to geopolitical tensions and Red Sea crisis

📋 Report Information

Reporting Period: 2023-24
Frameworks: GRI, SBTi, TCFD, UNGC
Assurance: British Standards Institution (BSI)