Climate Change Data

J. B. Chemicals & Pharmaceuticals Limited

Climate Impact & Sustainability Data (2023-24)

Reporting Period: 2023-24

Environmental Metrics

Total Carbon Emissions:45952.62 tCO2e/year (Scope 1 & 2)
Scope 1 Emissions:8608.58 tCO2e/year
Scope 2 Emissions:37544.06 tCO2e/year
Scope 3 Emissions:188603 tCO2e/year
Renewable Energy Share:13%
Total Energy Consumption:Not disclosed
Water Consumption:309066.63 kiloliters/year
Waste Generated:2730.48 metric tonnes/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • 16.67% reduction in Scope 1 and Scope 2 emissions
  • 9% reduction in total energy consumption
  • Zero Liquid Discharge in all manufacturing plants

Social Achievements

  • Zero cases of injuries, fatalities and occupational diseases
  • Positively impacted the lives of thousands through CSR initiatives
  • 14% increase in women representation

Governance Achievements

  • Zero cases pertaining to the issues of conflict of interests in case of directors
  • Awarded a Silver Medal by EcoVadis for its sustainability progress at Panoli plant
  • Conducted a thorough double materiality assessment with senior leadership team

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Carbon neutral in direct operations (Scope 1 and 2 emissions) by FY 2032-33
  • To meet 50% of energy demand from renewable energy by FY 2026-27 and 100% by FY 2032-33
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Slow acute season in India
  • Lower South Africa revenue due to strategic decisions
  • Elevated freight costs in the second half of the year
Mitigation Strategies
  • Enhanced operational efficiencies
  • Improved traction in established brands and strong performance by acquired portfolio
  • Strategic decision to dilute focus in low-margin tender business and improve presence in private markets in South Africa
  • Favorable product mix and operational efficiencies led to improved margin profile

Supply Chain Management

Supplier Audits: 100% of critical vendors

Responsible Procurement
  • Supplier Code of Conduct
  • ESG parameter assessment of suppliers
  • Capacity building workshops for critical suppliers

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
Transition Risks
  • Regulatory changes
Opportunities
  • Development of energy-efficient products

Reporting Standards

Frameworks Used: GRI 2021 Standards, United Nations Sustainable Development Goals (UN SDGs)

Certifications: null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • BEST COMPANY FOR BRANDING AND CULTURE BUILDING AWARD
  • BEST SOCIAL MEDIA CONTENT CAMPAIGN AWARD
  • SPECIAL JURY AWARD FOR HR PRACTICES
  • PHARMA CEO OF THE YEAR 2024
  • PHARMA COMPANY OF THE YEAR 2024
  • MARKETING CAMPAIGN OF THE YEAR 2024
  • CILACAR-T ‘DRUG OF THE YEAR’