Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental Performance and Climate Change
• Employment Practices
• Supply Chain Management
• Governance
• Community Engagement
• Product and Consumer

Environmental Achievements

• GHG emissions savings of 4,341,896 tCO2e
• Increase in renewable energy utilization by 5.30 MW at 2 sites
• Achieved Zero Liquid Discharge status in almost 50% of Indian sites
• Total water recovery in India of 695,008 KL
• Luforbec® Achieves Carbon Neutrality Certification

Social Achievements

• Launched Lupin Diagnostics
• Launched Lives pillar as part of CSR focused on improving health in the communities we serve
• Total CSR expenditure on Women Empowerment INR 25 Mn
• Public Relations engagement that spanned over 27 cities
• Acquired Southern Cross Pharma in Australia

Governance Achievements

• Goa facility upgraded to a satisfactory VAI status by US FDA
• Formalized Human Rights Policy
• Established Third-Party Code of Conduct
• Settled 15 patent litigations in the United States

Climate Goals & Targets

Environmental Challenges

• Rising competition, declining prices and input cost pressures in the U.S.
• Inflationary pressures for essential raw materials and intermediates
• Decline in demand for acute therapy products (especially cephalosporins) affecting API business
• Product recalls, penalties on failures to supply due to supply chain disruptions
• One-time settlement of claims on account of Glumetza, and impairment of Solosec and certain IP from Gavis

Mitigation Strategies

• Cost reduction/rationalization initiatives across the value chain
• Focus on complex generics (inhalation, injectables, biosimilars)
• Optimization of costs
• Integrated Business Planning (IBP) process for U.S. supply chain
• ESG focused risk assessment for critical suppliers

Supply Chain Management

Responsible Procurement

• Third-Party Code of Conduct
• ESG focused risk assessment for critical suppliers
• Project Inspire to optimize procurement costs

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events, floods

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient products

Reporting Standards

Frameworks Used: IIRC Integrated Reporting Framework, SASB guidance for Biotechnology & Pharmaceuticals sector, GRI Standards, BRSR mandate

Certifications: ISO 27001:2013 (Information Security), ISRS, 8th edition (4 sites)

Third-party Assurance: B S R & Co. LLP

Sustainable Products & Innovation

• Luforbec® (carbon neutral)

Awards & Recognition

• India Pharma Award for Excellence in CSR
• Excellence in CSR Award at Manufacturing Today Conference
• Asia Pacific Bioprocessing Excellence Awards 2022
• ETHealthworld India Pharma Awards
• India Pharma Awards 2021
• E4M Health MarCom Awards
• Guinness World Record for largest book sentence
• India Health and Wellness Summit Award
• Best Place to Work in Philippines
• ATD BEST Awards 2022
• MarTech Leadership Summit Award
• Brand of the Year by Global Business Forum
• IHW Council and GOI NITI Ayog Award
• Velocity Award 2021
• CIMS India Award
• IHW Patient First Awards 2022
• ITR Asia-Pacific Tax Awards 2021

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Not disclosed

Mitigation Strategies

• Not disclosed

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: IIRC's International Integrated Reporting Framework, GRI Standards 2021, SEBI Circular no. SEBI/HO/CFD/CMD-2/P/CIR/2021/562, National Guidelines on Responsible Business Conduct, 2019

Certifications: Null

Third-party Assurance: DNV Business Assurance India Private Limited

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• CSR
• Human Resources
• Risk Management
• Corporate Governance

Environmental Achievements

• Installed ATCS for heat pumps, EC fans in AHU units, screw press sludge dryer, replaced chilled water system, installed IFC in compressed air network, electronically commuted drive for continuous running AHUs, Briquette boiler, replaced conventional blowers with energy efficient ones, installed centrifugal pumps along with VFD, installed VFD for cooling tower pumps, chilled water and heat pumps, installed automatic tube cleaning system, optimised steam generation and distribution system by using blowdown heat recovery system, installed continuous flow reactors, installed efficient LED lights, installed steam operated pumping traps, installed efficient heat pumps, installed Briquette boiler, installed solar roof-top, installed biomass boiler, commissioned agro boiler, open access purchased for renewable wind power energy.

Social Achievements

• Reached out to over 1.57 million beneficiaries in more than 4771 villages across eight states in India through Lupin Human Welfare and Research Foundation (LHWRF), implemented Prevention of Sexual Harassment Policy covering all genders.
• All policies, systems, technologies and business functions aligned with best industry standards. People-first approach providing best-in-class work environment and advanced learning initiatives.

Governance Achievements

• Continued commitment to adhere to the best standards of corporate governance and ethical practices. Annual performance evaluation of the Board, its committees and of individual directors carried out. Robust Vigil mechanism/Whistleblower policy in place.

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR Core

Third-party Assurance: DNV Business Assurance India Private Limited

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced 20.8% of scope 1 and scope 2 emissions in global operations
• Recycled and reused 43.8% of total water withdrawn in Indian sites
• Sent 7,332 MT (89.4%) of incinerable hazardous waste for co-processing in FY24

Social Achievements

• Secured over 80+ registrations of anti-TB and ARV medicines
• Launched three patient assistance programs benefitting 29,383 patients
• Educated 557,013 patients and 9,247 doctors
• Achieved an employee satisfaction score of 80%

Governance Achievements

• Zero class I recalls
• 100% completion of mandatory training for all employees on Data Integrity SOP and annual CGMP training across manufacturing sites

Climate Goals & Targets

Environmental Challenges

• Pollution from manufacturing processes
• Water management in areas of water stress
• Pharmaceuticals in the environment/Antimicrobial Resistance (AMR)
• Waste minimization
• Occupational Health and Safety
• Human Rights
• Data Privacy and Protection

Mitigation Strategies

• Pollution control measures, monitoring air and GHG emissions, wastewater generation, efficient water consumption, increasing water recovery, increasing recycling and reuse of waste, co-processing of hazardous waste
• Targets to recycle water consumption by 50% by 2030, Zero Liquid Discharge at 6 sites, responsible water use in high water stress areas
• Assessing ecological impact of APIs, analyzing antimicrobial contents in treated water discharges, Zero Liquid Discharge plants, life cycle assessments
• 3R principle of ‘Reduce, Reuse and Recycle’, sending waste to third parties for recycling/disposal
• ISO 18001 certification, management systems for avoiding unsafe incidents, regular training, reporting near misses
• Policies and safeguards to ensure human rights protection, code of conduct, redressal mechanisms
• ISO 27001 certification, regular data checks, employee training on data handling

Supply Chain Management

Supplier Audits: ~300 Tier 1 suppliers

Responsible Procurement

• Third Party Code of Conduct mandating sustainability criteria

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NGRBC

Certifications: ISO 14001, ISO 45001, ISO 27001, ISO 8 Class 100,000 Clean Rooms Standards, Good Manufacturing Practice (GMP)

Third-party Assurance: DNV Business Assurance India Private Limited

Sustainable Products & Innovation

• Luforbec (carbon neutral inhaler)

Awards & Recognition

• GOLD LEED for Mandideep facility