Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethical and accountable governance
• Action oriented environmental consciousness
• Socially relevant and inclusive

Environmental Achievements

• 6% of our electrical energy derived from renewable sources of energy
• Energy conservation of 23,902 GJ
• 29,733 trees planted cumulatively since FY 13
• Scope 1 emissions stood at 14,967 tCO2e
• 400 KL of rainwater harvested
• 1,74,848 KL of wastewater recycled
• 15,11,061 KL of water saved since FY 14
• 100% EPR target achieved to recycle/reprocess plastic waste
• 49% of hazardous waste generated is co-processed

Social Achievements

• Impacting over 2.6 million lives through CSR initiatives
• Product stewardship evidenced through Remo® MV and Remo® -Zen MV (cost 53% lesser than competing brands in India), Ryaltris®, Ryaltris®-AZ
• Nearly 14.5% of total employees are women
• Zero cases of fatalities and occupational disease in the last 5 years
• 19,900+ hours of voluntary service offered by our employees in FY22
• 6,54,730 hours of training

Governance Achievements

• 27% of board comprised of female board members
• Average Board meeting attendance is more than 90%
• 7 non-executive/independent directors
• Over 80% of Board members have extensive experience in pharmaceutical industry
• 0 safety incidents of data or cybersecurity breaches
• Implemented an anti-bribery and anti-corruption policy
• Established a dedicated ESG Board committee

Climate Goals & Targets

Environmental Challenges

• Delivering commercially successful new products
• Ensuring product quality
• Supply chain continuity
• Product pricing
• Compliance with relevant laws and regulations
• Changing global political and economic conditions
• Compliance with financial reporting and disclosure requirements
• Compliance with tax laws
• Compliance with anti-bribery and corruption legislation
• Potential litigation
• Sales and marketing litigation
• Managing environmental, health, safety, and sustainability compliance
• Information Technology (IT)
• Revenue concentration
• Pandemic risk

Mitigation Strategies

• Created a symbiotic link between our R&D center and our business strategy
• Thorough Quality Management System (QMS)
• Robust inventory management and control, thorough supply chain model and periodic monitoring
• Created important differentiators in our products and promoting them to justify our prices
• Experienced regulatory staff, regulatory checks and controls
• Diverse product portfolio and worldwide reach
• Keep our financial disclosures up to date
• Legal and tax consultants
• Comprehensive system to ensure that our values are in line with anti-bribery and anti-corruption rules
• Clinical tests before launching products
• Internal dispute resolution staff up to speed on regional laws and regulations
• All-encompassing system that includes environmental, health, and safety norms and principles
• Educate our staff about data privacy and malicious cyberattacks
• Dedicated project management team
• Enhanced controls, ensured uninterrupted flow of products throughout the pandemic

Supply Chain Management

Supplier Audits: All suppliers covered under ESG self-assessment program; independent third-party assessment for a subset of critical suppliers

Responsible Procurement

• Supplier Code of Conduct
• Supplier sustainability protocol aligned to PSCI requirements

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Water stress
• Heat stress
• Sea level rise

Transition Risks

• Changing policy and regulatory landscape

Opportunities

• Water efficiency
• Research on shifting health demographics
• Resource efficient operations
• Renewable sources of energy
• Climate resilient operations
• Novel sources of partnerships

Reporting Standards

Frameworks Used: GRI Standards: Core option

Certifications: ISO 14001:2015 and ISO 45001:2018 (100% of Indian manufacturing facilities)

Third-party Assurance: DNV GL Business Assurance India Private Limited

UN Sustainable Development Goals

• Not disclosed

CSR programs aligned to UN SDGs

Sustainable Products & Innovation

• Remo® MV and Remo® -Zen MV
• Ryaltris®
• Ryaltris®-AZ
• FabiSpray®

Awards & Recognition

• Best Corporate Foundations award (Glenmark Foundation)
• Gold Award (Project 'Health on Wheels')
• Silver Award (COVID indigenous response project)
• 8th CSR India Awards
• British Safety Council Award (Goa facility)
• CII National award for environmental best practices (Goa facility)
• Gold awards (Indore manufacturing facility and Mahape R&D facility)
• Apex India Green Leaf Award 2021 (Nalagarh facility)