Lupin Gets SBTi Validation for Climate Targets Across All Emission Scopes

Lupin Limited has announced that its greenhouse gas emission reduction targets have been formally validated by the Science Based Targets initiative (SBTi). 

The validation spans Scope 1, Scope 2, and Scope 3 emissions, confirming that Lupin’s climate goals are aligned with the Paris Agreement’s objective of limiting global temperature rise to 1.5°C. 

This achievement highlights Lupin’s structured and science-backed approach to sustainability.

Comprehensive Coverage Across Emission Scopes

The SBTi validation covers Lupin’s direct emissions from owned or controlled sources (Scope 1), indirect emissions from purchased electricity and energy (Scope 2), as well as value-chain emissions (Scope 3). Scope 3 includes emissions from purchased goods and services, fuel- and energy-related activities, logistics, business travel, employee commuting, product use, and franchise operations. 

Addressing all three scopes places Lupin among a select group of companies that have achieved end-to-end climate target validation.

Clearly Defined Short-Term Reduction Goals

Under its validated targets, Lupin has committed to reducing absolute Scope 1 and Scope 2 emissions by 42.0% by FY 2030, using FY 2023 as the base year. Additionally, the company aims to cut Scope 3 emissions by 61.07% by FY 2033, with FY 2024 as the baseline. These ambitious targets are aligned with the 1.5°C pathway and comply with SBTi’s latest and most rigorous guidelines.

Strengthening Lupin’s Sustainability Leadership

Achieving comprehensive SBTi validation within a year of setting climate targets reflects Lupin’s strong execution and focus on environmental responsibility. The milestone reinforces the company’s role in advancing sustainable practices within the pharmaceutical sector while contributing to global climate mitigation efforts.

Ramesh Swaminathan, Executive Director, Global CFO, and Head of IT and API Plus SBU, Lupin, said, “The validation from SBTi underscores Lupin’s unwavering commitment to reducing greenhouse gas emissions through a rigorous, science-driven approach. By setting ambitious targets, we are embedding sustainability into both our financial and operational strategies.” 

He further added, “These goals guide investments in renewable energy, energy efficiency, and low-carbon technologies across our global operations. Proactive action on climate change is essential not only for mitigating risks and optimising costs but also for unlocking opportunities for innovation and long-term growth.”

Lupin Share Price Performance

On December 16, 2025, Lupin share price (NSE: LUPIN) opened at ₹2,096.60, touching the day’s low at ₹2,077.60, as of 10:21 AM on the NSE.

Also Read: Lupin Q2 FY26 Results; EBITDA Grows 74.7% YoY!

Conclusion

With SBTi-validated targets across all emission scopes, Lupin has demonstrated a strong commitment to science-based climate action. The company’s ambitious reduction goals position it as a responsible corporate participant in the global transition toward a low-carbon and sustainable future.

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