Message from the Chairman and Managing Director

Demonstrating Resilience, Emerging Stronger

The pharmaceutical industry has a dual responsibility: to heal lives and to heal the planet. Through innovative strategies and sustainable practices, we can drive our industry towards decarbonization and contribute significantly to a carbon-neutral future.

DR. KRISHNA PRASAD CHIGURUPATIChairman and Managing Director


Our Sustainability Journey


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Sustainability Goals and Targets

Emissions

Achieve Net Zero Emissions by 2050

Energy

Sourcing 100% renewable electricity by 2030

Water

Achieve Water Positivity by 2032

Waste

Achieve Zero waste to landfill by 2030

Community

Touch 1 Million+ lives through CSR programs by 2030

Safety

Target zero workplace fatality

DEI

Achieve gender pay parity by 2030

Key Performance Indicators

Progressing with Purpose

22%

Absolute reduction in GHG emissions (Scope 1 and 2)

47%

Of electricity consumption from renewable sources (PPA, rooftop solar, and I-RECs)

~40%

Of our wastewater is recycled


88%

Hazardous waste sent for reuse (co-processing)

80%

Of vendors engaged to determine product carbon footprint and climate commitment

6,525+

Employees


11.7%

Female employees

31%

Increase in female employees

100%

Return-to-work rate


1200+

Students trained through Pharma Pathshala

Zero

Confirmed cases of discrimination

25%

Women on the Board

Responsible Actions for a Sustainable Tomorrow

We strive to balance our operational needs with our commitment to minimizing environmental footprint. To deliver a measurable positive impact across emission reduction, optimal resource use, water and waste management, we have defined time-bound targets and continuously monitor our progress against those goals.

Climate Action and GHG Emission Reduction

We have committed to significantly reducing greenhouse gas emissions as part of our broader climate action strategy. By increasing the renewable energy mix in our electricity consumption and developing an Internal Carbon Pricing (ICP) system by FY 24-25, we aim to achieve substantial progress towards our climate goals.

Water
Management

Effective water management is a critical aspect of our environmental strategy. We are committed to reducing water intensity and improving water stewardship across all our operations.

Waste
Management

Our waste management strategy focuses on minimizing waste generation, maximizing recycling and reuse, and reducing waste sent to landfills.

Climate Risk and Resilience

Understanding and mitigating climate risks is essential for our operations' resilience. We conduct climate risk analyses for all facilities and strategic suppliers to ensure that we are prepared for and adapt to changing climate conditions.

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Social – People

Nurturing Talent, Shaping the Future

At Granules, we prioritize creating a conducive environment where people thrive through continuous learning, personal growth, and a strong focus on safety. Our dedication to diversity, inclusion, and employee well-being ensures everyone feels valued and empowered.

Social – Communities

Impacting Lives for a Better Society

We are committed to shaping a better society through impactful healthcare, education, and community development initiatives. From empowering rural youth, supporting critical healthcare services, promoting education, and fostering sports excellence, our efforts aim to uplift communities and contribute to a brighter future.

Effective Leadership and Ethical Governance

At Granules, we seek to foster a robust system of governance founded on the principles of integrity, transparency, and accountability. Our Board and senior management ensure that our governance framework aligns with our core values and principles.

Board Oversight and Leadership

Our Board of Directors is pivotal in overseeing and guiding our governance practices. Comprising experienced professionals from diverse backgrounds, the Board sets the strategic direction and monitors compliance with regulatory requirements and ethical standards. Their leadership ensures that Granules operates with the highest integrity and ethical conduct.

Board Composition

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Policies

We are committed to responsible growth that upholds the highest standards of sustainability. Our comprehensive suite of sustainability policies reflects our dedication to Environmental, Social, and Governance principles. These policies guide every aspect of our operations, enabling us to create lasting, positive impacts on our stakeholders, the environment, and the communities we serve.

Sustainability Policy
Business code of Conduct
Supplier Code of conduct
Climate & Environmental Policy
Labour and Human Rights Policy
Employee Work Standards and Compensation Policy
Equity, Diversity & Inclusion Policy
Business Ethics and Compliance Policy
Information and Cybersecurity Policy
Whistleblower and Grievance Redressal Policy
Sustainable Procurement Policy

Partnerships, Collaborations and Ratings

Our commitment to sustainability is showcased through prestigious awards and ambitious commitments. We prioritize transparency by disclosing our ESG performance and fostering collaborations that drive meaningful impact.


Our Decarbonization Action Plan


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