Supriya Lifescience Limited
Climate Impact & Sustainability Data (2023-2024)
Reporting Period: 2023-2024
Environmental Metrics
Scope 1 Emissions:451.01 tCO2e/year (2023-24)
Scope 2 Emissions:10995.31 tCO2e/year (2023-24)
Renewable Energy Share:57% (approx.)
Water Consumption:316 m3/day (2023-24)
Waste Generated:360.31 metric tonnes (2023-24)
Carbon Intensity:1.9701 tCO2e/million rupees (2023-24)
ESG Focus Areas
- Environment
- Health
- Safety
- Social
- Governance
Environmental Achievements
- Commissioned a new solar captive power generation plant of 3.125 MW
- Maintained 33% area under green belt
- Planted over 10,000 Miyawaki trees
- Reduced particulate matter emissions
- Improved water management practices
- Installed an effluent treatment plant with a capacity of 500 KL/day
- Adopted the use of environmentally friendly N-Bromo succinimide instead of toxic liquid bromine
Social Achievements
- Engaged in community development activities focusing on education, food relief, sports, and health
- Spent ₹3.62 crore in CSR activities
- Achieved a people retention of 0%
Governance Achievements
- Established a vigil mechanism through a Whistle Blower Policy
- Implemented robust internal financial controls
- Complied with all mandatory requirements prescribed in the Listing Regulations
Climate Goals & Targets
Medium-term Goals:
- Double revenues to ₹1000 crore by 2026-27
- Reach ₹1600 crore revenue by 2030
- Approximately 20% of revenue from CMO/CDMO ventures by 2026-27
Short-term Goals:
- 21-22% sales growth in 2024-25
Environmental Challenges
- Difficulty in importing raw materials from regions impacted by the Ukraine-Russia war
- Supply chain disruption due to the Red Sea crisis
- Quality challenges such as the identification of unknown peak in residual solvents
Mitigation Strategies
- Maintained higher inventories from the affected region
- Developed a network of domestic suppliers for imported raw materials
- Strengthened relationships with key material suppliers within India
- Shifted some supply chain operations to Vietnam, Thailand, and Mexico
- Developed indigenous resource sources
- Developed processes to address quality challenges
Supply Chain Management
Responsible Procurement
- Diversifying supplier base for key raw materials
- Import substitution
- Strengthening relationships with key material suppliers within India
Climate-Related Risks & Opportunities
Awards & Recognition
- National Award for Research and Development by MSME, Government of India (2009-10)
- Export House status (2015-16, 2016-17)
- Outstanding Export Performance Award (2018-19)
- State Award for Excellent export performance (2018-19, 2019-20, 2020-21, 2021-22)