Marico Limited announced a substantial 89.3% reduction in its Scope 1 and Scope 2 operational emissions intensity compared to its FY13 baseline. The company also achieved a 29.95% reduction in Scope 3 emissions intensity against its FY19 baseline. These achievements align with Marico’s ESG 2030 Roadmap and its ambition for Net Zero emissions by 2030 in India. Renewable energy now accounts for 77.3% of its operational energy consumption.
Marico Reports Significant Emissions Reduction
Marico Limited, a leading FMCG company, has highlighted significant advancements in its climate action journey, reporting an impressive 89.3% reduction in operational emissions intensity for Scope 1 and Scope 2 greenhouse gases. This reduction is measured against its financial year 2013 (FY13) baseline. Furthermore, the company has also achieved a 29.95% reduction in Scope 3 GHG emissions intensity, referencing its FY19 baseline.
Commitment to Net Zero and ESG Goals
These milestones underscore Marico’s commitment to its ESG 2030 Roadmap and its overarching ambition to achieve Net Zero emissions. The company aims for Net Zero across its Indian operations, including owned manufacturing units, by 2030, and across its global operations by 2040. Climate considerations are being integrated across various business functions, including supply chain management, innovation, packaging, and resource allocation.
Drivers of Progress
The progress reported is attributed to a multi-faceted approach including increased adoption of renewable energy, implementation of energy-efficiency measures, process optimization, and a transition to lower-carbon energy sources. In FY2025-26, renewable energy constituted a significant 77.3% of Marico’s operational energy consumption. The company’s Scope 1 and Scope 2 emissions intensity stood at 0.84 tCO₂e per crore of revenue.
Decarbonisation Roadmap and Future Targets
As part of its comprehensive decarbonisation strategy, Marico has set an ambitious target to achieve a 93% reduction in Scope 1 and Scope 2 emissions by 2030, relative to its FY13 baseline. Any remaining emissions will be addressed through carbon sequestration initiatives and verified carbon offsets. Amit Bhasin, Chief Legal Officer and Group General Counsel, emphasized that climate action is integral to Marico’s business strategy and long-term growth, requiring sustainability to be embedded across all operations and decision-making processes.
Integrated Climate Transition Plan
Marico’s Climate Transition Plan provides a unified enterprise-wide framework, linking its climate ambitions with actionable implementation roadmaps, governance structures, resource allocation, and measurable outcomes. This integrated approach is designed to strengthen business resilience, accelerate decarbonisation efforts, and create sustainable long-term value for all stakeholders.
About Marico Limited
Marico Limited (BSE: 531642, NSE: MARICO) is a prominent consumer goods company operating in the beauty and wellness sectors. During FY25-26, the company reported a turnover of ₹136.1 billion (USD 1.5 billion). Marico’s diverse portfolio includes popular brands such as Parachute, Saffola, Hair & Care, and many others, reaching a significant portion of the Indian population.
Source: BSE
