Leadership Message
“As a responsible corporate entity, while we are aware of our responsibility to deliver shareholder value through profitable growth, we are equally conscious of our role to integrate sustainable practices in our operations.”
Nandini Piramal
Chairperson
Leadership Message
“We have taken a target to reduce our Scope 1 and Scope 2 emission by 42% by FY2030 - in-line with 1.5°C pathway as suggested by Science-Based Targets Initiative”
Peter DeYoung
CEO, Global Pharma
Key Metrics And Highlights For FY23
42%
Target" to reduce Scope 1 and Scope 2 emission by FY2030
6.4%
YoY reduction in Scope 1 emission in FY2023
9.8%
YoY reduction in Scope 2 emission in FY2023
15%
YoY reduction in emission Intensity in FY2023
12%
Of total energy from renewable sources
32.8%
Of waste water generated that was recycled and reused
~400 KLD
Identified freshwater saving potential across India sites
9,760 KL
Fresh water saved by collecting rain water and reusing it
1,478 MT
Hazardous waste diverted from incineration and landfill
Zero
Target to achieve zero hazardous waste to landfill by FY2025
Operating Responsibly. Growing Sustainably.
Piramal Pharma Limited is committed to integrating sustainability into its operations, and growing responsibly. Our four principles of knowledge, action, care, and impact, guide us to drive sustainability within the Company, and across our value chain. We strive to continuously improve the pace of our sustainability journey and commit to making steady progress.
Environment
Piramal Pharma Limited showcases its deep commitment to environmental stewardship by taking various initiatives to manage material environmental aspects such as energy management, climate change, air emissions and air quality, water and waste management, and biodiversity, thereby ensuring a seamless integration of sustainability into all its business operations.
Energy Management
Climate Change Management
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Air Emission Management
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Water Stewardship
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Waste Management
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Environmental Improvement & Employee Engagement
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To learn more about our commitments to the Environment
Social
Piramal Pharma Limited believes in creating value that resonates with its ethics and core values. The Company’s purpose of ‘Doing Well and Doing Good’ guides it and forms the foundation of its people practices. The Company’s focus on the social aspect of its system encircles every aspect of its people, patients, and community.
Diversity and Inclusion
Led by its values of inclusivity and ethical conduct, Piramal Pharma Limited is committed to being fair and equal in its operations, supply chains, and the communities it operates in. It strongly believes that everyone deserves to be treated with dignity and respect, and has the freedom to be themselves. The Company has a zero-tolerance policy towards any kind of discrimination on the basis of race, colour, religion, caste, gender, age, marital status, disability, nationality, or any other criteria.
Occupational Health and Safety
Piramal Pharma Limited prioritises occupational health and safety of its employees, who are its key partners that help it achieve its future endeavours. Its prime focus is to ensure safe and healthy working environment for them as their right. The Company believes that all the work-related injuries and illness are preventable. Its principle of ‘Doing Good and Doing Well’ boost its EHS (Employee Health and Safety) values and aligns it to upkeep its efforts towards occupational health and safety.
Patient, Customer and Consumer Centricity
Understanding and meeting the evolving needs of patients, customers and consumers, and broadening access to quality care and medicines, is what drives each employee at Piramal Pharma Limited. The Company strives to win the hearts of patients, customers, and consumers by providing high-quality products and services which gave rise to the concept of patient, customer, and consumer-centricity.
Community Engagement and CSR
Piramal Pharma Limited’s Corporate Social Responsibilities (CSR) are primarily carried out by the Piramal Foundation, the philanthropic arm of the Piramal Group. Piramal Foundation is committed to solve the most intractable problems of India through innovation and collaboration.
To know more about Piramal Foundation
Governance
Piramal Pharma Limited has adopted the top-driven approach to achieve its purpose of ‘Operating Responsibly. Growing Sustainably’. It has a strong Board of Directors (BoD) responsible for defining its vision, policies, and strategic goals, and monitoring organisational performance.
50%
Independent Directors
30%
Women representation on the Board
Zero
Complaints received for violation of PoSH, Child Labour and Forced Labour guidelines
30%
Women representation on the Board
STRONG POLICIES TO DRIVE ETHICAL CONDUCT
Code of Conduct & Ethics
Global Human Rights Policy
Anti-Corruption & Anti-Bribery Policy
Code of Conduct for Directors
Whistle Blower Policy
Risk Management Policy
ESG Policy
To learn more about our Governance efforts