MSN Group of Companies

Greenhouse gas emissions & sustainability report data

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

In its 2023-04 to 2024-03 reporting, MSN Group of Companies disclosed greenhouse gas emissions of 244.8K tCO2e/year. By scope: Scope 1: 135.8K tCO2e/year; Scope 2: 109.0K tCO2e/year; Scope 3: 66.7K 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
244.8K tCO2e/year
2023-04 to 2024-03
⚡
Renewable Energy
22.62% of total energy use
of total energy
💧
Water Usage
312.91 ML/year
2023-04 to 2024-03
♻️
Waste
24.4K tons/year
2023-04 to 2024-03
⚙️
Energy Use
1.8K TJ/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).135.8K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.109.0K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).66.7K tCO2e/year

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

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Reduce supply chain GHG emissions by 2030
  • Reduce Scope 1 and 2 emissions 25% by 2030
  • Reduce freshwater consumption by 33% by 2030
  • Reduce waste generation by 10% by 2028
  • Increase women percentage by 30% by 2030

📅 Medium-term

  • 100% of strategic suppliers acknowledge sustainable supplier COC by 2026
  • Embed sustainability aspects in all supplier contracts by 2028
  • 25% of total power consumption through renewable by 2030
  • Water stress and risk assessment for 100% of operations by 2026
  • Undertake lifecycle assessment for at least two products by 2025

🔭 Long-term

  • Achieve net zero by 2045

🌱 ESG Focus Areas

Ethical Governance PracticesPreserving our PlanetOur People, Our StrengthSteering towards Progress

⚠️ Challenges & Risks +

  • 17% increase in total GHG emissions (Scope 1 & 2) compared to FY22-23
  • High process leads to limited heat transfer during distillation
  • Increased energy consumption

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI Universal Standards (2021), SASB guidance for Biotechnology and Pharmaceuticals, UNGC
Assurance: TUV India Pvt. Ltd.