Gland Pharma Limited
Climate Impact & Sustainability Data (2022-04 to 2023-03, 2023-04 to 2024-03)
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
Total Carbon Emissions:92600 tCO2e (Scope 1 & 2)
Scope 1 Emissions:11929.60 Metric tonnes of CO2 equivalent
Scope 2 Emissions:80669.60 Metric tonnes of CO2 equivalent
Total Energy Consumption:605116 (A+B+C)
Water Consumption:771717 kilolitres
Waste Generated:479.659 metric tonnes
Carbon Intensity:2.23 per rupee of turnover (2023)
ESG Focus Areas
- Occupational health and safety
- Community engagement
- Regulatory compliance
- Promoting diversity
- Environmental sustainability
- Human rights
- Data privacy
- Cyber security
Environmental Achievements
- Transitioned to cleaner fuels (PNG) at manufacturing facilities, significantly reducing stack emissions and CO2 output.
- Significant improvements to raw water underground storage tank, resulting in a notable reduction in overall water consumption.
- Successfully implemented a solar power project.
Social Achievements
- Implemented an occupational health and safety management system aligned with ISO 45001.
- Established a Near Miss/Incident Reporting System.
- Implemented a robust grievance redressal policy.
- Fostered a diverse and inclusive workforce.
Governance Achievements
- Robust anti-corruption and anti-bribery policy in place.
- Dedicated CSR committee established.
Climate Goals & Targets
Environmental Challenges
- Occupational health and safety risks.
- Frequent and intricate regulatory changes.
- Managing Bio-Medical Waste.
Mitigation Strategies
- Implemented an occupational health and safety management system (ISO 45001).
- Actively monitoring regulatory changes.
- Implemented robust strategies for the treatment and recycling of wastewater.
Supply Chain Management
Responsible Procurement
- Regular vendor audits
- Adoption of ISO 9001, ISO 14001, ISO 45001, and EHS Guidelines
- Local sourcing to minimize carbon footprint
Climate-Related Risks & Opportunities
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:96,890 metric tonnes of CO2 equivalent (Scope 1 and 2)
Scope 1 Emissions:15,736 metric tonnes of CO2 equivalent
Scope 2 Emissions:81,154 metric tonnes of CO2 equivalent
Renewable Energy Share:3%
Water Consumption:541,024.5 kilolitres
Waste Generated:2,041.32 metric tonnes
ESG Focus Areas
- Occupational health and safety
- Community Engagement
- Regulatory Compliance
- Promoting Diversity
- Cultural Integration
- ESG Factors
Environmental Achievements
- Transitioned to cleaner fuels (PNG) at manufacturing facilities, reducing stack emissions and CO2 output.
- Installed rooftop solar panels (2.25 MW), equivalent to 3% of annual power consumption.
Social Achievements
- Implemented an occupational health and safety management system aligned with ISO 45001.
- Implemented a Hazard Identification and Risk Assessment (HIRA) and Near Miss/Incident Reporting System.
Governance Achievements
- Robust anti-corruption and anti-bribery policy in place.
- Dedicated CSR committee with two Non-Executive Directors and one Executive Director.
Climate Goals & Targets
Environmental Challenges
- Occupational health and safety risks.
- Frequent and intricate regulatory changes.
- ESG Factors
Mitigation Strategies
- Occupational health and safety management system (ISO 45001), HIRA, Near Miss/Incident Reporting System.
- Actively monitoring regulatory changes from government, industrial, and trade bodies.
- Constant monitoring and upgradation with respect to ESG laws and requirements.
Supply Chain Management
Responsible Procurement
- Regular vendor audits
- Promotion of ISO 9001, ISO 14001, ISO 45001, and EHS Guidelines
- Encouragement of local sourcing