Climate Change Data

Alembic Pharmaceuticals Limited

Climate Impact & Sustainability Data (2023-04 to 2024-03)

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:909,814 tCO2e/year
Scope 1 Emissions:86,096 tCO2e/year
Scope 2 Emissions:67,544 tCO2e/year
Scope 3 Emissions:756,174 tCO2e/year
Renewable Energy Share:37%
Total Energy Consumption:10,88,322 GJ/year
Water Consumption:612,752 KL/year
Waste Generated:30,322 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Water Neutrality
  • Climate Change & GHG Emissions
  • Employee Health and Safety
  • Product Quality and Safety
  • Sustainable Supply Chain
  • Community Engagement
  • Business Ethics and Corporate Governance
  • Human Resource Development
  • R&D and Innovation
  • Resilient Business Performance

Environmental Achievements

  • 5.6% reduction in Scope 1 + 2 emissions (excluding VOC emissions)
  • 37% renewable energy consumption
  • 1909 MT incremental waste recycled
  • 25,450 trees planted
  • 102 recharge wells developed
  • 65.5% reduction in Total Dissolved Solids (TDS) in groundwater

Social Achievements

  • Planet Suposhan Initiative benefited 16,145 individuals
  • Shiksha Setu program benefited 1,500+ students
  • Swasthya Setu healthcare outreach supported 58,000+ individuals
  • 40 man-hours trained per employee
  • Rs. 13 Cr spent on CSR

Governance Achievements

  • Alembic Pharmaceuticals Limited underwent an audit under the Together for Sustainability (TfS) initiative with a 96+ score
  • Alembic Pharmaceuticals Limited's API unit received the International Safety Merit Award from the British Safety Council
  • Certified as a "Great Place to Work" for the second consecutive year
  • Robust governance framework ensuring accountability, transparency and ethical conduct

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2050 aligned with 1.5 Degree C pathway
Medium-term Goals:
  • Achieve water neutrality by 2027
  • Reduce GHG emissions by 63% by 2035
  • Improve gender ratio from 4% to 10% by 2027
  • Increase beneficiaries from 1.48 lakhs to 2 lakhs by 2027
  • 30% vendor assessment against ESG criteria by 2027
Short-term Goals:
  • Increase renewable energy share from 37% to 50% in the next year
  • Reduce water consumption by 20%
  • Recycle 50% of water used
  • Reduce waste generation by 25%
  • Increase safety observations by 15%
  • Risk assessment of all manual activities using HIRA method

Environmental Challenges

  • Scope 3 emissions accounting for 83.06% of total carbon footprint
  • Water scarcity
  • Maintaining gender ratio in a manufacturing company with remote locations
Mitigation Strategies
  • Developing strategies to address Scope 3 emissions across the value chain
  • Implementing innovative water recycling and reuse systems
  • Installing 102 recharge wells
  • Continuous efforts to improve gender ratio

Supply Chain Management

Supplier Audits: 100% of critical suppliers audited annually

Responsible Procurement
  • Code of Conduct for Suppliers
  • Sustainability criteria integrated into procurement processes
  • Risk assessments
  • Supplier risk profiles

Climate-Related Risks & Opportunities

Physical Risks
  • Not disclosed
Transition Risks
  • Regulatory changes
  • Market shifts
Opportunities
  • Development of energy-efficient products
  • Expansion of renewable energy use

Reporting Standards

Frameworks Used: GRI Standards 2021, BRSR

Certifications: TfS, Great Place to Work

Third-party Assurance: Bureau Veritas Industrial Services (India) Pvt. Ltd.

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • International Safety Merit Award (British Safety Council)
  • Great Place to Work Certification