Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Sustainability
• Social Development
• Employee Well-being
• Community Engagement
• Governance and Compliance

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Environmental risks associated with discharge of chemical substances from pharmaceutical manufacturing.

Mitigation Strategies

• Initiatives to mitigate environmental risks associated with waste treatment, especially water discharge.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environment, Health, and Safety (EHS)
• Employee well-being
• Governance

Environmental Achievements

• Kalyani plant received Greentech Silver Award in Pharmaceutical Sector for outstanding achievement in environment management
• Kalyani plant received Indian Green Manufacturing Challenge (IGMC) Silver Award 2015 from International Research Institute for Manufacturing
• Kalyani plant received Certificate of appreciation and Safety Award 2015 by National Safety Council of India (NSCI) in Manufacturing Sector
• Initiatives taken to increase exports; Development of new export markets for products and export plans

Social Achievements

• Facilitated preventive health check-ups for employees in collaboration with a hospital
• Various health talks and initiatives undertaken for employees
• Company formed an Internal Complaints Committee (ICC) for sexual harassment complaints

Governance Achievements

• Emphasis on strong and adequate internal control systems
• Internal audit process follows a ‘risk-based approach’
• Corrective measures and process improvements recommended by internal auditors are communicated to Management

Climate Goals & Targets

Environmental Challenges

• Losses incurred by the Company
• Decreased input cost due to resumption of supplies of raw material from Kalyani
• Reduction in exceptional expenses related to Kalyani remediation measures
• Increase in service income from I&D

Mitigation Strategies

• Sustained efforts and remediation measures implemented at the plants
• Process improvement measures and introduction of new technology at Kalyani plant
• Upgrading existing facilities as per latest global standards
• Investments for upgradation

Supply Chain Management

Climate-Related Risks & Opportunities

Awards & Recognition

• Greentech Silver Award
• Indian Green Manufacturing Challenge (IGMC) Silver Award 2015
• Safety Award 2015 by National Safety Council of India (NSCI)

Environmental Metrics

ESG Focus Areas

• Education
• Health
• Environmental Sustainability
• Risk Management
• Corporate Governance

Environmental Achievements

• Installed PIR motion sensors, LED lights, and implemented water conservation measures at corporate office and plants.
• Implemented indirect heating system at Kalyani Plant, saving INR 25 Lac/year.
• Implemented automatic boiler blow down system at Kalyani Plant, saving INR 14.3 Lac/year.
• Implemented energy-efficient blowers at Baddi Plant, saving 40% on operational costs.
• Initiated projects for solar power plant capacity enhancement and conversion of boiler fuel from FO to LNG.

Social Achievements

• Provided scholarships to meritorious students.
• Sponsored monthly meals for students at a blind school.
• Contributed to Himachal Pradesh State Disaster Management Cell for COVID-19 relief.

Governance Achievements

• Implemented a Risk Management Framework.
• Established a Business Partner Due-Diligence mechanism.
• Maintained adequate internal financial controls.

Climate Goals & Targets

Environmental Challenges

• Company incurred losses during the reporting period.
• Omicron variant outbreak impacted planned CSR projects.

Mitigation Strategies

• Board decided not to undertake new CSR projects for FY 2021-22.
• CSR expenditure was purely voluntary.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental Responsibility
• Human Rights
• Social Responsibility
• Diversity, Equity and Inclusion
• Anti-Bribery and Anti-Corruption
• Data Protection
• Quality and Safety

Climate Goals & Targets

Supply Chain Management

Responsible Procurement

• Ethical and legal compliance of suppliers
• Evaluation of bids based on price and performance
• No use of conflict minerals from banned countries
• Compliance with human rights standards in the supply chain

Climate-Related Risks & Opportunities