Climate Change Data

Environmental Metrics

ESG Focus Areas

• Business Ethics
• Product Responsibility
• Well-being of Employees
• Stakeholders Engagement
• Human Rights
• Environment
• Public Policy
• CSR
• Customer Relations

Environmental Achievements

• 30-40% of wastewater generated in plants is recovered, recycled, and reused.
• Planning to invest in Zero Liquid Discharge plants at all API facilities to reuse water in utility processes.

Social Achievements

• CSR spending of 122.20 lacs (INR) on health, education, sanitation, environment, and general welfare.
• 90-100% of permanent employees received safety and skill upgradation training.

Governance Achievements

• Policies on Code of Business Conduct and Ethics, Whistle Blower Policy, and Prevention of Sexual Harassment at Workplace are in place and accessible online.

Climate Goals & Targets

Environmental Challenges

• EU Commission fine for alleged breach of EU competition law (appealed).

Mitigation Strategies

• Appealed the EU Commission fine.

Supply Chain Management

Responsible Procurement

• Standard Operating Procedure for appointing vendors; regular audits including sample approvals and performance trials.

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Product quality and safety
• Regulatory Compliance
• Research and Development
• Environment Health and Safety
• Sustainable Supply Chain management
• Community Engagement

Environmental Achievements

• 80% of treated effluent is recycled
• 53% of generated waste is disposed of by co-processing/reuse/recycle
• 7.5% Reduction in scope 1 and 2 emissions

Social Achievements

• Launched LMS, achieving recording training details online
• All employees covered under employee welfare policy
• Accident frequency rate reduced by 20%, Incident frequency rate reduced by 42%

Governance Achievements

• Board of Directors responsible for decision making on sustainability
• Code of Business Conduct and Ethics implemented
• Whistle Blower Policy and Policy for the Prevention of Sexual Harassment at the Workplace implemented

Climate Goals & Targets

Environmental Challenges

• Product quality and safety and data integrity risks
• Regulatory compliance challenges
• R&D investment risks and opportunities
• Environmental, health, and safety risks
• Supply chain disruptions
• Community engagement challenges

Mitigation Strategies

• Implementing highest standards of product safety and quality
• Strict adherence to SOPs and international accreditations
• Investment in R&D and CoE
• Regular audits and proactive steps to minimize risks
• Maintaining sufficient inventory, developing alternative vendors, efficient logistics management
• Continuous engagement with communities

Supply Chain Management

Responsible Procurement

• Sustainable procurement
• Local sourcing

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Product quality and safety
• Regulatory Compliance
• Research and Development
• Environment Health and Safety
• Sustainable Supply Chain Management
• Water Management & Waste Management
• Energy & Emission Management
• Community Engagement

Environmental Achievements

• 80% of treated effluent recycled (with ongoing efforts to reach 85% by 2025)
• 45% of generated waste disposed of by co-processing/reuse/recycle (aiming for 60% by 2025)
• 10% reduction in Scope 1 and 2 emissions achieved by 2024
• 14% year-on-year reduction in accident frequency rate and incident frequency rate

Social Achievements

• 100% of permanent employees covered by health and accident insurance
• Various activities undertaken for community benefit (pond development, tree plantation, sanitation work)
• Learning Management System (LMS) launched for structured training content delivery

Governance Achievements

• Comprehensive policies covering the nine principles of the National Guidelines on Responsible Business Conduct (NGRBC), approved by the Board
• Policies translated into procedures and practices
• Code of Business Conduct and Ethics and Whistle Blower policy applicable to all stakeholders

Climate Goals & Targets

Environmental Challenges

• Potential health and safety incidents impacting customer trust and product demand
• Regulatory non-compliance leading to business loss and reputational damage
• Delays in new product launches due to investments, regulatory hurdles, and competition
• Hazardous and unsafe work environment impacting employee productivity and costs
• Supply chain disruptions causing manufacturing delays and inventory shortages
• Water and waste management issues posing risks to human safety and the environment
• Dependence on fossil fuels posing pollution and climate change risks
• Need for continuous engagement with local communities

Mitigation Strategies

• Strict procedures and systemic control to ensure product quality and efficacy
• Adherence to Standard Operating Practices, international accreditations, and continuous employee training
• Investment in R&D, development of patent non-infringing processes, and Novel Drug Delivery Systems (NDDS)
• Hazard identification, risk assessment, and proactive measures to minimize risks
• Comprehensive risk assessment, development of alternative suppliers, and strategic inventory management
• Wastewater treatment and reuse, zero liquid discharge at four plants
• Switching to biomass fuel, using PNG, and energy conservation measures
• Focus on health, education, and sanitation initiatives in local communities

Supply Chain Management

Responsible Procurement

• Standard Operating Procedures (SOPs) for appointing vendors
• Emphasis on sustainable procurement and local sourcing

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: NGRBC

Certifications: ISO 14001, ISO 45001

Third-party Assurance: N.A.