As of 2024, Alkem Laboratories has disclosed 1 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Alkem Laboratories's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -42%a | 2033 |
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As of 2024, Alkem Laboratories has set greenhouse gas (GHG) emissions reduction targets that cover its operational emissions (Scope 1 and 2), but not its value chain emissions (Scope 3). This means its reduction efforts currently focus on direct and purchased energy emissions.a
As of 2024, Alkem Laboratories has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Alkem Laboratories's most ambitious operational target is to reduce these emissions by 42% by 2033, compared to a baseline of 94,275 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.a
Instead of reducing operational emissions, Alkem Laboratories has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.a