Marico Limited

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2023-04 to 2024-03🗂️ Report periods on file: 2023-04 to 2024-03, 2023, 2022-23, 2021-2022, 2021-04 to 2022-03, 2020-2021, 2019-04 to 2020-03, 2015-04 to 2016-03

By scope: Scope 1: 1.1K tCO2e/year; Scope 2: 9.7K tCO2e/year; Scope 3: 560.8K 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.

⚡
Renewable Energy
67.35%
of total energy
♻️
Waste
3.4K tons/year (2023-24)
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).1.1K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.9.7K tCO2e/year
Scope 3Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.).560.8K 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
2022-23128.8K Metric tons of CO2 equivalent
2021-04 to 2022-0311.0K 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

🔭 Long-term

  • Net Zero emissions in global operations (own manufacturing facilities) by 2030

🌱 ESG Focus Areas

Climate ChangeWater StewardshipCircular EconomyResponsible SourcingBrands with PurposeInclusion and DiversitySustainable AgricultureCorporate Governance

⚠️ Challenges & Risks +

  • Climate Change related events such as draught, flooding, change in weather patterns can have adverse impact on agricultural productivity and thus, affect raw material availability
  • Marico’s manufacturing facilities and associated value chains could be vulnerable to disruptions from climate change-related extreme weather events
  • Agriculture is a major source of raw materials for Marico’s products, any disruption in the agricultural sector can potentially lead to supply chain disruptions, higher costs, and ultimately affect the profitability of the company
  • Plastic waste management has become a critical issue in recent years due to its adverse impact on the environment
  • Marico relies on water-intensive raw materials and manufacturing processes which might be located in regions where water scarcity is a major concern
  • Products that are not safe for consumption or use can pose significant health risks to consumers
  • Employees can face workplace hazards leading to Injuries and illnesses
  • Supply chain disruptions

📋 Report Information

Reporting Period: 2023-04 to 2024-03
Frameworks: GRI, UN Sustainable Development Goals (SDGs)
Assurance: BDO India LLP