Climate Change Data

Divi’s Laboratories Limited

Climate Impact & Sustainability Data (2021-22, 2022-04 to 2023-03, 2023-04 to 2024-03, April 2015 to March 2016)

Reporting Period: 2021-22

Environmental Metrics

Total Carbon Emissions:372,423.74 tCO2e (Scope 1 & 2)
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environment, Health, and Safety (EHS)
  • Corporate Social Responsibility (CSR)

Environmental Achievements

  • ~21,300 tCO2e emissions reduced through various initiatives (e.g., replacing equipment with energy-efficient alternatives)
  • ~1,86,300 m³ of raw water conserved
  • ~1,73,99,000 KWH energy conserved

Social Achievements

  • ~2,41,000 people benefited from CSR initiatives (including providing safe drinking water, healthcare, and education)
  • ~10,99,000 saplings planted
  • 27,700,000 safe man-hours achieved

Governance Achievements

  • ISO 14001 re-certification
  • ISO 45001 certification
  • GHG verification: ISO 14064

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Reduce intensity-based energy consumption by 25%
  • Reduce absolute-based GHG (Scope-1 & Scope-2) emission by 5%
  • Reduce intensity-based GHG (Scope-1 & Scope-2) emission by 25%
  • Reduce intensity-based waste disposal by 25%
  • Reduce ground water & surface water intake by 30%
  • Reduce water consumption by 25%
  • Reduce intensity-based water consumption by 25%
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Increased GHG emissions due to increased production and additional facilities
  • Increased energy consumption due to integrated production and enhanced cGMP & environmental factors
Mitigation Strategies
  • Implementing various initiatives to reduce GHG emissions, conserve water and energy (detailed in the report)
  • Investing in advanced and energy-efficient equipment

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: ISO 14001, ISO 45001

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Best EHS Leadership Award by CII

Reporting Period: 2022-04 to 2023-03

Environmental Metrics

Scope 1 Emissions:3,80,676 tCO2e/year
Scope 2 Emissions:3,73,141 tCO2e/year
Total Energy Consumption:1,58,71,000 KWH/year
Water Consumption:39,000 m3/year
Waste Generated:85 MT/year
Carbon Intensity:0.94 MT CO2e/ Rupees (in lakhs)

ESG Focus Areas

  • Environment
  • Social (People & Community)
  • Governance

Environmental Achievements

  • ~15,500 tCO2e GHG emissions reduced
  • ~1,58,71,000 KWH energy conserved
  • ~39,000 m3 water conserved
  • ~85 MT waste reduced
  • Ecovadis Silver rating received

Social Achievements

  • ~81% employee retention rate
  • 9.9% female employees
  • ~88,000 EHS training sessions
  • ~31 million safe man-hours
  • Project Jalaprasadam provided safe drinking water to ~1,57,000 beneficiaries
  • Project Sujalam provided safe drinking water to ~2,31,000 beneficiaries
  • CSR initiatives benefitted ~8,60,000 people

Governance Achievements

  • 100% shareholder grievances resolved
  • 58% independent directors on board
  • 96% average board meeting attendance

Climate Goals & Targets

Medium-term Goals:
  • Reduce absolute-based GHG (Scope-1 & Scope-2) emission by 5% by 2030
  • Reduce intensity-based GHG (Scope-1 & Scope-2) emission by 25% by 2030
  • Reduce ground water & surface water intake by 30% by 2030
  • Reduce water consumption by 25% by 2030
  • Reduce intensity-based water consumption by 25% by 2030
  • Decrease intensity-based energy consumption by 25% by 2030
  • Reduce intensity-based waste disposal by 25% by 2030
  • Reduce plastic waste by minimising usage in packing by 2030

Environmental Challenges

  • Pricing pressures on APIs
  • Increase in raw material costs
  • Global inflation, geopolitical uncertainty, energy crisis, and supply chain disruptions
Mitigation Strategies
  • Long-term supplier contracts
  • Backward integration initiatives
  • Prudent supply chain management
  • Operational excellence

Supply Chain Management

Supplier Audits: ~80% by volume

Responsible Procurement
  • Sustainable Procurement policy

Climate-Related Risks & Opportunities

Awards & Recognition

  • Best Management Award for Outstanding Contribution towards Industrial Relations and Labour Welfare by Govt. of Telangana
  • Divis Unit 2 - Prashansa Patra during NSCI Awards
  • Divis Unit 1 - Suraksha Puraskar during NSCI Awards

Reporting Period: 2023-04 to 2024-03

Environmental Metrics

Total Carbon Emissions:3,63,246 tCO2e (Scope 1 & 2)
Scope 1 Emissions:3,63,246 tCO2e
Scope 2 Emissions:3,25,972 tCO2e
Total Energy Consumption:50,91,298 GJ
Water Consumption:35,50,556 KL
Waste Generated:1,14,846.08 metric tonnes
Carbon Intensity:10.50 MTCO2e/MT (Scope 1 & 2)

ESG Focus Areas

  • Environmental Sustainability
  • Social Responsibility
  • Governance

Environmental Achievements

  • Reduced GHG emissions by ~19,000 tCO2e
  • Conserved ~1,30,300 KL of water
  • Conserved ~1,64,900 GJ of energy
  • Reduced plastic waste by ~40 MT

Social Achievements

  • 100% Shareholder grievances resolved
  • 97% Average Board meeting attendance
  • ~1,39,200 EHS training programmes
  • ~35 million safe man-hours achieved
  • ~12,28,000 CSR beneficiaries
  • 91% Employee retention rate

Governance Achievements

  • 100% Shareholder grievances resolved
  • 97% Average Board meeting attendance
  • 55% Independent Directors on the Board (as of May 25, 2024)

Climate Goals & Targets

Medium-term Goals:
  • Reduce absolute GHG (Scope 1 and Scope 2) emissions by 5% by 2030
  • Reduce intensity-based GHG (Scope 1 and Scope 2) emissions by 25% by 2030
  • Reduce groundwater and surface water intake by 30% by 2030
  • Reduce water consumption by 25% by 2030
  • Reduce intensity-based water consumption by 25% by 2030
  • Decrease intensity-based energy consumption by 25% by 2030
  • Reduce intensity-based waste disposal by 25% by 2030
  • Reduce plastic waste usage for packaging by 2030

Environmental Challenges

  • Pricing pressure in generic markets
  • Volatile market conditions and geopolitical crises
Mitigation Strategies
  • Strategic supply chain management
  • Operational proficiency
  • Strategic expansion into emerging opportunities

Supply Chain Management

Supplier Audits: ~59% of supply chain partners by value participated in assessment

Responsible Procurement
  • Sustainable Procurement policy

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: BRSR

Certifications: ISO 45001, ISO 14001, ISO 9001, ISO 14064, GMP & GLP

Third-party Assurance: Bureau Veritas (India) Private Limited

Reporting Period: April 2015 to March 2016

Environmental Metrics

Waste Generated:763 tons/year (organic solid waste)

ESG Focus Areas

  • Ethics, Transparency and Accountability
  • Sustainable Chemistry
  • Employee Wellbeing
  • Stakeholder Engagement
  • Human Rights
  • Environmental Protection
  • Policy Advocacy
  • Inclusive Growth and Equitable Development
  • Customer and Consumer Value

Environmental Achievements

  • Reduction of solvents consumption from 20 lts/Kg to 7 lts/Kg of API
  • Reduction of ECF from 1.4 to 1.1 eq
  • 70% of organic/distillation bottom residues sent to other industry for co-processing
  • >90% of solvents recovered & reused by using Membrane Vapour Permeation System (MVPS)
  • Total 763 tons of organic solid wastes sent for co-processing
  • Nearly 9400 tons of spent acid sent for recycle

Social Achievements

  • Various welfare and development programs for local communities
  • Special programs for visually challenged girl students
  • Creation of infrastructural facilities in local communities for weaker sections
  • Promotion of education and health among socially and economically backward groups
  • Livelihood enhancement programs for village women
  • Swach Bharat initiatives in villages

Governance Achievements

  • Adoption of Divi’s Code of Ethics and Business Conduct
  • Establishment of a vigil mechanism and Whistle Blower Policy
  • Compliance with all mandatory requirements of Corporate Governance as stipulated in Schedule V of the SEBI (LODR) Regulations, 2015

Climate Goals & Targets

Environmental Challenges

  • Instability in the global political and economic environment and the consequent volatility of foreign exchange
  • Competition from peers in Europe and US
  • Currency volatility
  • Global environmental issues such as climate change
Mitigation Strategies
  • Leveraging skills and strengths in chemistry and building strong customer relationships
  • Optimizing and upgrading plant capacities
  • Cost control and efficiency across businesses and functions
  • Assessment and avoidance of various risks
  • Implementing an enterprise-wide approach to risk management
  • Addressing environmental issues with the guiding principle of “Sustainable Development” and applying Green Chemistry Principles

Supply Chain Management

Responsible Procurement
  • Code of Conduct for stakeholders

Climate-Related Risks & Opportunities