Climate Change Data

Environmental Metrics

Climate Goals & Targets

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

Environmental Achievements

• Product process validations have been completed in both the plants.

Social Achievements

• The Company provides a safe and healthy workplace for its employees by establishing the right safety culture across the organization.
• The management is fully committed to the ultimate goal of zero injury to its employees and all stakeholders who are associated with the Company’s operations.

Governance Achievements

• The Company has adopted a code of conduct for its employees including the Managing Director and the key managerial personnel.
• Your company has also adopted a code of conduct for its non-executive directors which includes code of conduct for independent directors which suitably incorporates the duties of Independent Directors as laid down in the Companies Act, 2013 (“the Act”).

Climate Goals & Targets

Environmental Challenges

• Long gestation periods required to realise commercial sales can put pressure on the balance sheet.
• Quality and regulatory knowledge building in the Company is a slow and difficult process essential for long term success of the Company.

Mitigation Strategies

• With the strong partner this is reasonable mitigated in our case.
• A comprehensive plan is being put in place to achieve this.

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Reduced energy consumption through various initiatives like LED lamp replacements, insulation of steam and chilled water lines, and installation of VFDs for pumps and motors.
• Improved cooling tower efficiency through cleaning and maintenance.

Social Achievements

• Not disclosed

Governance Achievements

• Established a whistleblower policy.
• Complied with the Sexual Harassment of Women at the Workplace (Prevention, Prohibition and Redressal) Act, 2013.

Climate Goals & Targets

Environmental Challenges

• Increasing overhead costs (coal, energy, solvents, repairs, effluent treatment), impacting margins and operations.
• Continued cash losses and lack of working capital.
• Material uncertainty exists regarding the Company’s ability to continue as a going concern due to total liabilities exceeding total assets.

Mitigation Strategies

• Discussions with potential customers for manufacturing tie-ups to optimize Vizag facility utilization.
• Stabilizing Nellore facility operations and recovering costs.
• Developing new products for manufacturing at Vizag and Nellore facilities.
• Cost optimization through operational efficiency and rationalization of existing operations.
• Seeking financial support from the holding company, Ipca Laboratories Ltd.

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: Null

Certifications: EDQM (Europe) accreditation and certification for Unit-II Vizag site.

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Reduced energy consumption through various initiatives like LED lamp replacements, insulation of cooling and steam lines, and steam trap monitoring (Unit I & II).

Social Achievements

• Not disclosed

Governance Achievements

• Established a whistleblower policy; implemented continual training programs for employees on CGMP practices; adopted a code of conduct for prevention of insider trading; complied with the Sexual Harassment of Women at the workplace (Prevention, Prohibition and Redressal) Act, 2013.

Climate Goals & Targets

Environmental Challenges

• Continued cash losses for several years; total liabilities exceeding total assets; material uncertainty regarding the company's ability to continue as a going concern.

Mitigation Strategies

• Cost optimization through operational efficiency and improvement initiatives; rationalization of existing operations; increase in sales volumes; strategic plan for continuous growth; obtained confirmation of financial support from Ipca Laboratories Limited.

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: Null

Certifications: EDQM (Unit II)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed