POLY MEDICURE LIMITED
Climate Impact & Sustainability Data (2023-2024)
Reporting Period: 2023-2024
Environmental Metrics
Total Carbon Emissions:33.96 K tCO2e (Scope 1 & 2)
Scope 1 Emissions:2.32 K tCO2e
Scope 2 Emissions:33.96 K tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Stewardship
- Social Stewardship
- Sustainable Business
Environmental Achievements
- Reduced approx. 45 tCO2e through digital initiatives (energy saving on desktop/laptop, QR code system, paperless processes, etc.)
- approx. 13,92,089 KWH Solar Energy Produced
- approx. 6.14% HSD Saving - 30 KL by converting steam boilers with PNG & minimizing HT Line faults
- Power consumption per production unit remains steady despite a approx. 6% rise in production and the launch of two new plants
- 90% of the wastewater is being reused
- Implementation of sustainable packaging solutions using recyclable materials and reducing PVC usage
Social Achievements
- Rs. 57.4 millions spent towards CSR expenditure
- Implementation of various employee well-being programs (yoga sessions, competitions, training programs, etc.)
- Three-level recruitment approach to promote diversity and inclusion
- Flexible work arrangements to support work-life balance
Governance Achievements
- Adherence to SEBI regulations of 2015, prioritizing transparency, accountability, and ethical conduct
- Implementation of robust cybersecurity measures (firewalls, anti-spam system, VPN, etc.)
- Zero tolerance for corruption and implementation of anti-corruption measures
Climate Goals & Targets
Long-term Goals:
- Achieving carbon neutrality across global operations
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Increase in Scope 2 emissions (though the rate of increase is lower than previous years)
- Managing waste generation across operations
- Maintaining a balance between economic growth and environmental protection
Mitigation Strategies
- Energy efficiency initiatives and ongoing efforts to manage and mitigate emissions
- Comprehensive waste management strategies (reduce, reuse, recycle, proper hazardous waste disposal)
- Implementation of sustainable practices, eco-friendly operations, and biodiversity conservation
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Ethical sourcing
- Supplier evaluation process including auditing and monitoring
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: ISO 9001:2015, ISO 13485:2016, CE mark
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 2
- SDG 3
- SDG 4
- SDG 5
- SDG 6
- SDG 7
- SDG 8
- SDG 9
- SDG 10
- SDG 12
- SDG 13
- SDG 15
The report mentions alignment with these SDGs but lacks specific details on how initiatives contribute to each goal.
Sustainable Products & Innovation
- PVC free medical devices
Awards & Recognition
- TOP 50 INDUSTRIAL INNOVATIVE COMPANY OF THE YEAR CII Industrial Innovation Awards 2022
- TOP EXPORTER AWARD By PEC, Dept of Commerce, Govt. of India, for 10 years
- THE NEXT 500 COMPANIES 2023 By Fortune India
- BEST COMPANY FOR TECHNOLOGY INNOVATION IN HEALTHCARE 2023 By ASSOCHAM
- INDIAN MEDICAL DEVICES LEADER OF THE YEAR 2022 By Govt. of India