Neuland Laboratories
Neuland Laboratories Limited, commonly referred to as Neuland Labs, is a prominent player in the pharmaceutical industry, headquartered in Hyderabad, India. Founded in 1984, the company has established itself as a leading manufacturer of active pharmaceutical ingredients (APIs) and intermediates, catering to both domestic and international markets. With a strong focus on quality and innovation, Neuland Labs offers a diverse range of products, including custom synthesis and contract manufacturing services. The company is renowned for its expertise in complex molecules and has achieved significant milestones, such as obtaining multiple regulatory approvals from global health authorities. Neuland Labs is well-positioned in the market, recognised for its commitment to sustainability and customer-centric solutions. Its strategic operational regions extend across North America, Europe, and Asia, making it a trusted partner for pharmaceutical companies worldwide.
DitchCarbon Score
How does Neuland Laboratories's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Pharmaceutical Preparation Manufacturing industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Neuland Laboratories's score of 61 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Neuland Laboratories's reported carbon emissions
In 2024, Neuland Laboratories reported total carbon emissions of approximately 56,000,000 kg CO2e, comprising 22,961,440 kg CO2e from Scope 1, 31,406,360 kg CO2e from Scope 2, and 3,036,820 kg CO2e from Scope 3 emissions. This marks a significant reduction from 2023, where total emissions were about 60,000,000 kg CO2e, with Scope 1 at 27,442,350 kg CO2e, Scope 2 at 27,245,080 kg CO2e, and Scope 3 at 5,406,000 kg CO2e. Neuland Laboratories has committed to ambitious climate targets, having signed the Science Based Targets initiative (SBTi) to achieve net-zero emissions across all scopes by 2050. Specifically, they aim to reduce Scope 1 emissions by 30% from 2020 levels by 2030 and to bring Scope 2 emissions down by 25% over the same period. Additionally, they are targeting near-zero emissions for both Scope 1 and Scope 2 by 2025. The company has implemented measures to reduce coal consumption at its manufacturing facilities, which has contributed to a decrease in Scope 1 emissions. They are also focusing on energy efficiency improvements to lower indirect emissions from purchased energy, further supporting their climate commitments.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 21,134,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 19,598,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Neuland Laboratories is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
