Climate Change Data

SUVEN LIFE SCIENCES LIMITED

Climate Impact & Sustainability Data (2016-04 to 2017-03, 2020-21, 2021-22)

Reporting Period: 2016-04 to 2017-03

Environmental Metrics

ESG Focus Areas

  • Ethics, Transparency & Accountability
  • Stakeholder Engagement
  • Human Rights
  • Environment
  • Equitable Development
  • Employee Well-being
  • Customer Value
  • Policy Advocacy

Environmental Achievements

  • Achieved a recycling efficiency of more than 10%
  • Invested in sophisticated pollution control and waste recycling equipment
  • Continuously strives to reduce effluent and waste generation through process improvements

Social Achievements

  • Invested INR 176.03 lacs towards community development programs
  • Earmarked INR 154.58 lacs for identified projects under implementation
  • Provides technical inputs to small vendors for improving product quality and operational efficiency

Governance Achievements

  • Constituted a Corporate Social Responsibility (CSR) committee of the Board which oversees CSR activities
  • Policies on ethics, bribery and corruption cover the Company, its subsidiaries and branches and our suppliers and contractors

Climate Goals & Targets

Environmental Challenges

  • Measuring reduction during sourcing/production/distribution of materials in contract research due to varying project requirements
  • Measuring reduction in utilities consumption (energy, water) in contract research due to lack of specific standards
Mitigation Strategies
  • Continuously strives to minimize wastages by disciplined operations and real-time monitoring of every process in its labs
  • Adheres to systems and processes approved by regulatory authorities for contract manufacturing operations to optimize utility consumption
  • Defined processes for addressing sustainable sourcing of all key elements required in business operations

Supply Chain Management

Responsible Procurement
  • Continuous identification of alternate sources to ensure business continuity

Climate-Related Risks & Opportunities

Reporting Period: 2020-21

Environmental Metrics

ESG Focus Areas

  • Ethics, Transparency & Accountability
  • Product Life Cycle Sustainability
  • Employee Well-Being
  • Stakeholder Engagement
  • Human Rights
  • Environment
  • Policy Advocacy
  • Inclusive Growth and Equitable Development
  • Customer Value

Environmental Achievements

  • Adheres to systems and processes approved by globally respected regulatory authorities, ensuring optimized utility consumption and waste minimization.
  • Continuously invests in energy-efficient equipment and alters processes to optimize consumption of utilities and minimize noise pollution.

Social Achievements

  • Provides training on various technical and behavioral aspects for employee development.
  • Enhances employee awareness on safety and health issues.

Governance Achievements

  • Established a Corporate Social Responsibility (CSR) committee of the Board which oversees CSR activities and meets annually to assess BR performance.

Climate Goals & Targets

Environmental Challenges

  • Patient enrollment for the clinical trial of Samelisant (SUVN-G3031) faced headwinds.
Mitigation Strategies
  • Increased patient pool for Samelisant, adding another indication (though delaying results by 18 months).

Supply Chain Management

Responsible Procurement
  • Defined processes for sustainable sourcing of key elements.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)

Reporting Period: 2021-22

Environmental Metrics

ESG Focus Areas

  • Ethics, Transparency & Accountability
  • Product Life Cycle Sustainability
  • Employee Well-Being
  • Stakeholder Engagement
  • Human Rights
  • Environment
  • Policy Advocacy
  • Inclusive Growth and Equitable Development
  • Customer Value

Environmental Achievements

  • Adheres to systems and processes approved by globally respected regulatory authorities, ensuring optimized utility consumption and waste minimization.
  • Continuously invests in energy-efficient equipment and alters processes to optimize consumption of utilities and minimize noise pollution.

Social Achievements

  • Provides training on various technical and behavioral aspects for employee development.
  • Enhances employee awareness on safety and health issues.

Governance Achievements

  • Constituted a Corporate Social Responsibility (CSR) committee of the Board which oversees CSR activities and meets annually to assess BR performance and align strategies.

Climate Goals & Targets

Environmental Challenges

  • High burning rate leading to consolidated net loss due to being discovery and development driven.
  • Need for additional funding to continue clinical development of molecules.
Mitigation Strategies
  • Raising more funds through a rights issue to continue funding the development of its robust pipeline of molecules.

Supply Chain Management

Responsible Procurement
  • Defined processes for addressing sustainable sourcing of all key elements required in business operations.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs)