Climate Change Data

Environmental Metrics

ESG Focus Areas

• Ethics, Transparency and Accountability
• Sustainability
• Welfare of Employees
• Stakeholders' Engagement
• Human Rights
• Environment, Health and Safety
• Policy Advocacy
• Inclusive Growth and Equitable Development
• Customer Centricity

Environmental Achievements

• Continuously increasing manufacturing yields in order to reduce consumption of packaging materials and solvents
• Increasing sourcing of local packaging materials, reducing the need for transportation and resultant vehicular emissions
• 60% of total non-hazardous waste generated was used for beneficial purposes without undergoing any recycling process. The remaining 40% of waste was sent for recycling.
• Energy saving through implementing sleep mode for Air Handling units during non-working hours and using heat pump for hot water generation.

Social Achievements

• Several initiatives to engage with disadvantaged, vulnerable and marginalized stakeholders; working towards strengthening health systems, education, and improving access to screening for NCOs.
• 318 permanent employees, 33 permanent women employees, and 22 casual/temporary/contractual employees received safety & skill up-gradation training.

Governance Achievements

• Policies relating to ethics, bribery and corruption extend to suppliers, contractors and service providers.
• Board of Directors' Committee assesses BR performance annually.

Climate Goals & Targets

Environmental Challenges

• Reducing resource consumption (energy, water, raw materials) per unit of product.
• Sustainable sourcing of inputs.
• Recycling products and waste.

Mitigation Strategies

• Continuously taking measures to reduce energy, water and raw material consumption.
• Working on increasing the sourcing of local packaging materials and developing alternative vendors.
• Continuous focus on the 3Rs (reduce, recycle, reuse); hazardous waste sent to approved vendors for recycling; non-hazardous waste used for beneficial purposes or recycled.

Supply Chain Management

Responsible Procurement

• Increasing sourcing of local packaging materials
• Developing alternative vendors

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: National Voluntary Guidelines on Social, Environmental and Economic Responsibilities (NVGs)

Certifications: WHO-GMP, ISO 9001-2015

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Installed Solar Power Generation Plant for Captive Consumption, producing 10.50 Lakhs units and utilizing 9.50 Lakhs units, saving Rs. 61.75 Lakhs.
• Replaced old machines with modern machines to improve efficiency and energy saving.
• Replaced conventional light fittings with LED lights.
• Implemented Zero Liquid Discharge (ZLD) mechanism at manufacturing plants.
• Installation of water recycling plants and using recycled water for utilities and gardening.

Social Achievements

• Initiatives for Facility Management (washrooms, rest rooms, drinking water) and Equipment, Tools & Material Management to ensure employee safety.
• Stringent contractor screening process.
• Various employee engagement programs leading to higher productivity levels and lower attrition rate.
• Leadership and technical/functional capability development initiatives.
• Policy to promote Gender Equality.

Governance Achievements

• Established Anti-Sexual Harassment Policy and Internal Complaints Committee (ICC).
• Formulated Risk Management Policy.
• Implemented a Vigil Mechanism/Whistle Blower Policy.
• Annual performance evaluation of the Board, Committees, and individual Directors.

Climate Goals & Targets

Environmental Challenges

• Water scarcity.
• Waste disposal.
• Maintaining product quality and safety.
• Supply chain disruptions.
• Currency fluctuations.
• Changing regulatory framework.
• Raw material unavailability.
• Cyber and data security.
• Dynamic economic and political scenarios.

Mitigation Strategies

• Implemented Zero Liquid Discharge (ZLD) mechanism.
• Water recycling plants and rainwater harvesting.
• Stringent quality control and quality assurance processes.
• Stringent contractor screening.
• Forward cover for export transactions to minimize exchange fluctuation risk.
• Robust risk management framework.
• Vigil Mechanism/Whistle Blower Policy.

Supply Chain Management

Climate-Related Risks & Opportunities