Lincoln Pharmaceuticals Limited
Climate Impact & Sustainability Data (2023-04 to 2024-03)
Reporting Period: 2023-04 to 2024-03
Environmental Metrics
Total Carbon Emissions:11842 tCO2e (Scope 1 & 2)
Scope 1 Emissions:3820 Metric tonnes of CO2 equivalent
Scope 2 Emissions:8052 Metric tonnes of CO2 equivalent
Scope 3 Emissions:2150 Metric tonnes of CO2 equivalent
Water Consumption:19267 kilolitres
Waste Generated:69.410 metric tonnes
ESG Focus Areas
- Product Quality
- Human Rights
- Employee Safety
- Business Ethics
- Corporate Governance
- Climate Change
Environmental Achievements
- Reduction of CO2 emission through use of agro waste in boiler as fuel
- Reduction of GHG gas emission through provision of shift bus for employee commuting
Social Achievements
- Measures for the well-being of employees and workers including health insurance, accident insurance, maternity benefits
- Training programs on health and safety measures, skill upgradation for employees and workers
Governance Achievements
- Processes in place to avoid/manage conflicts of interests involving members of the Board
- All related party transactions are pre-approved by the Audit Committee and the Board of Directors
Climate Goals & Targets
Medium-term Goals:
- Water waste reduction and Health & wellbeing of employees and workers by 2030
Environmental Challenges
- Product Quality risks impacting patient health and safety
- Human rights risks leading to reputational damage
- Employee safety risks due to hazardous chemicals
- Unethical business practices damaging reputation
- Climate change risks affecting operations and profits
Mitigation Strategies
- Investment in manufacturing high-quality products
- Commitment to supporting human rights along the value chain
- Efforts to identify unsafe acts and provide medical check-ups
- Promoting good corporate governance and ethics through training
- Identifying risks and control measures for climate change, creating infrastructure to address extreme weather
Supply Chain Management
Supplier Audits: 100%
Responsible Procurement
- Sustainable sourcing practices
- Procuring raw materials from ISO 9001 certified sources
- Payment of statutory dues included as a contractual prerequisite