Concord Biotech Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:56750 MtCO2e
Scope 1 Emissions:14340.18 MtCO2e
Scope 2 Emissions:42409.68 MtCO2e
Scope 3 Emissions:0.00 MtCO2e
Renewable Energy Share:0.00%
Water Consumption:357436.50 kilolitres
Waste Generated:3785.98 metric tonnes
ESG Focus Areas
- R&D and innovation
- Quality management
- Supply chain disruption
- Business conduct & ethics
- GHG emissions
- Water management
- Inclusion and diversity
- Community engagement
- Data privacy & Cybersecurity
- Employee health & safety
- End-user health & safety
- Waste management
Environmental Achievements
- Reduced 90% of the sludge volume in dewatering system contributing towards Zero Liquid Discharge
- Transitioning to natural gas for steam production
- Tree planting to offset emissions
- Installing energy-efficient boilers and equipment like LED lighting and solar-powered systems
Social Achievements
- Nurturing a workplace culture that champions diversity and inclusivity
- Providing healthcare services, funding education and scholarships, promoting sports activities, and contributing to Army welfare initiatives
Governance Achievements
- Establishing professional management teams and independent boards for better governance
- Implementing global best practices in corporate governance and risk management
Climate Goals & Targets
Short-term Goals:
- Increase in recycling of treated waste water
- Supplier assessment on ESG parameters as per BRSR
- Scope-1-2 emission measurement
- Reach target of zero LTA
- 100% statutory compliance
- External EHS audit with no major NC
- 100% implementation of ISO14001 and ISO 45001
Environmental Challenges
- Supply chain disruption
- GHG emissions
- Data privacy & Cybersecurity
- Employee health & safety
- End-user health & safety
- Waste management
Mitigation Strategies
- Integrating supply chain ensures global medicine availability without interruption
- Emphasising cost-effective and sustainable logistics
- Ensuring environmental compliance through mandatory audits for critical vendors
- Guiding partners on legal, regulatory, and ethical standards through a Supplier Code of Conduct
- Transitioning to natural gas for steam production
- Conducting tree planting to offset emissions
- Installing energy-efficient boilers and equipment like LED lighting and solar-powered systems
- Investing in building a robust digital architecture that supports data platforms across all functions
- Ensuring a safe and healthy workplace with established protocols for employee well-being and safety
- Implementing rigorous safety procedures and ongoing process improvements across all sites to promote a zero-incident safety culture
- Conducting employee trainings and enforcing protocols for preventing, reporting, and addressing misconduct
- Regularly inspecting both raw materials and finished products to identify any impurities or deviations in composition
- Adhering to regulatory standards for waste management
- Ensuring responsible treatment of the generated waste
- Following appropriate methods for waste disposal
Supply Chain Management
Supplier Audits: 0.00%
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: BRSR
Certifications: ISO 14001, ISO 45001