Ind-Swift Limited
Climate Impact & Sustainability Data (2012-07 to 2013-03, 2024)
Reporting Period: 2012-07 to 2013-03
Environmental Metrics
ESG Focus Areas
- Environmentalism
- Community Services
- Women Empowerment
- Education
Environmental Achievements
- Organized a tree plantation drive at Rajpura, planting more than 1000 trees.
Social Achievements
- Organized blood donation camps and mass marriages for BPL families.
- Distributed Braille newspapers to visually impaired students.
- Donated free medicines and healthcare products to weaker sections of society.
- Organized a Cancer Awareness Walk.
- Organized Women’s Equality Day, honoring three eminent personalities.
Governance Achievements
- Adopted a code of conduct for board members and senior management.
- Adopted a code of conduct for prevention of insider trading.
Climate Goals & Targets
Long-term Goals:
- To become a global specialty pharmaceutical company offering a wide portfolio of generic and proprietary products.
Medium-term Goals:
- More than 30% of projected targets from exports in the next few years.
Environmental Challenges
- Global economic uncertainty, including a weak Indian economy and a debt crisis in the Eurozone.
- Pressure on EBIDTA, piling stocks, and rising interest costs.
- Depreciating rupee, increasing import costs, depressed economic conditions, and cut-throat competition.
- Implementation of DPCO (Drug Price Control Order) leading to potential litigation.
Mitigation Strategies
- Debt restructuring with lenders.
- Aggressive focus on exports (filed more than 1000 dossiers in over 50 countries).
- Shifting marketing operations to a commercial hub.
- Re-assessing strategies and bringing in new dimensions to growth.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Edupreneurs Jury Choice Awards