IOL Chemicals and Pharmaceuticals Ltd

Common Name
IOLCP
Country
India
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Employees
2,777
Ticker
IOLCP
Exchange
NATIONAL STOCK EXCHANGE OF INDIA
Description
IOL Chemicals and Pharmaceuticals Ltd. is an influential entity in the pharmaceutical and chemicals industry. It primarily engages in the manufacturing and sale of bulk drugs and specialty chemicals, ...

IOLCP's Climate Target Data Preview

As of 2024, IOLCP has disclosed 3 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 3 absolute reduction targets, 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 IOLCP ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2034
Absolute-based Target
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035
Absolute-based Target
Scope 1 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2035

This table provides a simplified preview of selected climate targets data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into IOLCP's Greenhouse Gas Emissions Pathways

As of 2024, IOLCP has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does IOLCP have a target to reduce the emissions from its operations?

As of 2024, IOLCP has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

IOLCP's most ambitious operational target is to reduce these emissions by 58.8% by 2034, compared to a baseline of 29,920.45 Metric Tonnes of CO2 equivalent (mtCO2e) in 2023.

Instead of reducing operational emissions, IOLCP has increased them, with 2024 levels exceeding those of the 2023 baseline, placing the company well behind its reduction target.

IOLCP's Operational (Scope 1+2) Emissions Pathway

202320242034015 k30 k45 k60 kBaselineCurrent (+86%)Target 2034 (-59%)
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