Ipca Laboratories sets carbon emission reduction targets

Ipca Laboratories reported a turnover of INR 6,749.21 crores and net worth of INR 6,891.62 crores for financial year 2024-25. The pharmaceutical manufacturer operates 17 national and 2 international plants, with exports contributing over 42.31% of standalone revenue.

The company has set sustainability targets including a 20% reduction in carbon emissions by 2030 and a 35% reduction in hazardous waste disposed through co-processing by 2030. This year, Ipca achieved a 5.57% reduction in Scope 1 and 2 emissions compared to the previous year.