Hetero Labs Ltd., Hetero Drugs Ltd., Hetero Biopharma Ltd., Annora Pharma Private Ltd., Aspiro Pharma Ltd.
Climate Impact & Sustainability Data (2019-04 to 2020-03, 2021-04 to 2022-03, 2022-04 to 2023-03)
Reporting Period: 2019-04 to 2020-03
Environmental Metrics
ESG Focus Areas
- Water and wastewater
- Climate change and energy
- Process safety
Environmental Achievements
- Reduced freshwater consumption by 13%
- 53% of wastewater gets into the system
- 55% of effluent reaches ZLD
- Reduction in GHG intensity by 6% from 2017-18
- Renewable fuel usage nearly doubled in last four years
- Nearly 30% of total power consumed is derived from renewable power sources
Social Achievements
- Launched four biosimilar products (‘Darbapoetin alfa’, ‘Rituximab’, ‘Bevacizumab’ & ‘Adalimumab’) in shortest time
- Implemented various employee recognition programs
- Average training of 5.78 days per employee
- 10% women in workforce and about 40% in contracted workforce
Governance Achievements
- Established a sustainability committee reporting to the board of directors
- Implemented Hetero Sustainable Guiding Principles
- Completed updating sustainability data management portal
Climate Goals & Targets
- Reduce specific fresh water consumption by 5% by 2022
- Reduction of Greenhouse gas (GHG) emissions by 2% by 2022
- Increase in waste water recycling by 5% by 2022
- Reduction of landfill waste disposal by 10% by 2022
Environmental Challenges
- Water stress in operational areas
- Increase in energy consumption despite energy efficiency measures
- Supply chain disruptions due to COVID-19 pandemic
- One fatality at Nakapalli unit
Mitigation Strategies
- Increased water use efficiency, rainwater harvesting, and recycled water usage
- Increased direct renewable energy consumption
- Aligned operations with government guidelines to protect employee health
- Incident investigations to identify gaps and eliminate similar incidents
Supply Chain Management
Supplier Audits: 90% vendor qualification audits for raw materials
Responsible Procurement
- Sustainable procurement policy
- Communication of requirements on sustainable practices to vendors
- Assessment of vendor sustainability practices through Monkey Survey
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards (Core Options)
Certifications: ISO 14001, ISO 45001, ISO 50001
Third-party Assurance: BSI (AA1000 assurance standards)
Awards & Recognition
- EHS Excellence Award 2019
- Golden Peacock Award for Occupational Health and Safety
- Excellent Energy Efficient Unit Award
- IDMA Margi Memorial ‘Best International Patent Award’ 2018-19
- Outstanding Export Performance Award – Silver Star
- Suraksha Puraskar (Occupational Health and Safety Award)
- Best S&OP Planning Practice Award
- Excellence in Pharma Packaging
Reporting Period: 2021-04 to 2022-03
Environmental Metrics
ESG Focus Areas
- Environment
- Social
- Governance
- Supply Chain
- Data Security and Privacy
Environmental Achievements
- Reduced freshwater consumption by 16% in 2021-22
- Achieved a record of zero fatality and high consequence work-related injuries
- Increased wastewater recycling by 5% by 2022 (base year of 2017)
- Reduction of waste disposed of in landfills by 10% (base year 2017)
- Reduction of GHG emissions by 2% (base year of 2017)
- Elimination of furnace oil from energy portfolio
- Increased biomass utilization in boilers
Social Achievements
- New hire attrition rate reduced by nearly 17% compared to the previous year.
- Increased total employee strength by 11.67%
- Implemented an annual retention bonus at specific levels to reduce attrition.
- Revamped and enhanced implementation of policies to attract, motivate and retain talent.
- Strengthened induction program, leadership connect with trainees, feedback process, and provided incentives.
Governance Achievements
- Achieved ISO 27001 certification for information security.
- No significant fines or penalties or legal action pertaining to environment, unethical practices or corrupt practices during the year FY21-22.
- Implemented a sustainable procurement policy.
Climate Goals & Targets
- Reduce fresh water usage by 5% by 2022 (achieved earlier)
Environmental Challenges
- Rising energy prices impacting operational expenses and revenues.
- Water stress in manufacturing locations.
- Vast and geographically diverse supply chain requiring enhanced sustainability oversight.
- Data security and privacy challenges in the pharmaceutical sector.
Mitigation Strategies
- Implementing energy efficiency measures (estimated savings of more than 3.1 million kWh/year and INR 90 million).
- Reducing dependence on groundwater sources.
- Strengthening supplier code of conduct and implementing sustainable procurement policy.
- Implementing ISO 27001 and updating privacy policy.
Supply Chain Management
Responsible Procurement
- Strengthened supplier code of conduct
- Sustainable procurement policy
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI Standards 2021, UNGC Principles
Certifications: ISO 50001, ISO 45001, ISO 27001
Third-party Assurance: BSI (AA1000 Assurance Standard, AA1000AS v3)
UN Sustainable Development Goals
- SDG 3 (Good Health and Well-being)
- SDG 4 (Quality Education)
- SDG 6 (Clean Water and Sanitation)
- SDG 7 (Affordable and Clean Energy)
- SDG 8 (Decent Work and Economic Growth)
- SDG 9 (Industry, Innovation and Infrastructure)
- SDG 13 (Climate Action)
CSR initiatives contribute to these goals through education, healthcare, infrastructure, and water access programs.
Awards & Recognition
- Best COVID-19 Solutions for Community Care award
Reporting Period: 2022-04 to 2023-03
Environmental Metrics
ESG Focus Areas
- Climate Change
- Water Stewardship
- Waste Management
- Employee Well-being
- Diversity & Inclusion
- Supply Chain Responsibility
- Governance
- Drug Safety
- Human Rights
- Product Quality and Safety
- Labor Relations
- Indirect Economic Impact
- Access to Medicine at Affordable Prices
Environmental Achievements
- 10.6% reduction in total Scope 1 & Scope 2 GHG Emissions (Absolute)
- Around 8% increase in recycled water
- Doubled renewable fuel usage
- 28% decrease in the consumption of non-renewable fuels
Social Achievements
- 23% increase in new hires
- 25% increase in average training hours
- Zero Safety Incidents
Governance Achievements
- Revisited materiality as per GRI Standards
- 100% compliance with laws and regulations
- Revisited ESG Goals and targets set
- Six new ESG topics identified
- Achieved Gold Rating from EcoVadis for one entity
Climate Goals & Targets
- Achieve net-zero emissions by 2045
- Become Zero Waste to Landfill Company by 2030
- Establish Scope 3 inventory by 2030
- Increase renewable energy sources by 30% by 2030
- Undertake water stress and risk assessment by FY 2030
- Set up ISO31000 Risk Management Processes by 2028
- Reduce carbon emissions (Scope 1 & 2) – 25% by 2030 (base year 2022)
- Improve the percentage of women employees to 10% by 2026
- Increase wastewater recycling by 5% annually
- Assess 80% critical suppliers for ESG compliance by 2028
Environmental Challenges
- Water stress in operating locations
- Increased waste generation due to expansion and product mix
- Increased attrition rate (44% increase over previous year)
Mitigation Strategies
- Implementing water-efficient initiatives and effluent reduction strategies
- Improving resource utilization and minimizing waste generation through the 3Rs (reduce, reuse, recycle)
- Strengthening policy implementation, improving corporate culture, and offering an annual retention bonus to improve employee retention.
Supply Chain Management
Supplier Audits: Annual vendor audits, facility visits, offsite assessments, and online surveys.
Responsible Procurement
- Supplier Code of Conduct
- ESG compliance assessments
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Regulatory changes
Opportunities
- Development of energy-efficient products
Reporting Standards
Frameworks Used: GRI Standards 2021, UNGC Principles, UN SDGs
Certifications: ISO 14001, ISO 45001, ISO 50001, ISO 27001
Third-party Assurance: TUV India
UN Sustainable Development Goals
- SDG 3
- SDG 4
- SDG 6
- SDG 8
- SDG 11
- SDG 13
CSR initiatives are aligned with these SDGs through various programs focused on health, education, water, sanitation, livelihoods, sustainable cities, and climate action.
Awards & Recognition
- Gold Award – National Awards for Manufacturing Competitiveness
- Certificate of Appreciation for Manufacturing Sector National Safety Council India Safety Awards
- Prashansa Patra for Manufacturing Sector National Safety Council India Safety Awards
- CII-SR EHS Excellence Awards