Page 32 - CW E-Magazine (Oct-Nov-2023)
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Sustainability Practices
(WWF) to reduce its water footprint and ing to reduce the environmental impact duced its greenhouse gas emissions
project biodiversity in the areas around of its supply chain by working with by 35% since 2016. The company has
its manufacturing facilities. Cipla has its suppliers to adopt more sustainable also saved over one billion litres of wa-
also recycled over 15,000-tonnes of practices and reduce greenhouse gas ter and recycled over 5,000 tonnes of
plastic waste. emissions. Biocon is also committed to waste in the past year.
responsible sourcing, and has a sustain-
Cipla’s sustainability efforts have able sourcing policy in place that en- Lupin
been recognized by a number of organ- sures that its raw materials are sourced Lupin, with a sales turnover of over
isations – it was named the most sus- from sustainable sources. Rs. 16,200 crores in 2022-23, has set
tainable company in India by the Busi- ambitious sustainability targets, in-
ness World magazine in 2022-23; and The company has saved millions cluding – reducing scope 1 and scope
has been included in the Dow Jones of dollars in energy and water costs by 2 greenhouse gas (GHG) emissions by
Sustainability Index for the past five implementing energy-efficient technol- 15% from 2019-20 levels to 2030; recy-
years. ogies and practices. Biocon has been cling 50% of its total water withdrawal
recognized for its leadership in sustain- in its Indian operations by the year 2025;
Biocon ability practices by its inclusion in the and sending 60% of the hazardous waste
Biocon is a leading biopharmaceu- Dow Jones Sustainability Index (DJSI) generated in its Indian operations to ce-
ticals company with annual sales of Emerging Markets Index in 2022. ment plants for co-processing by 2025.
over Rs. 17,600-crore in 2022-23. The The company has invested in renewable
company is committed to reducing its Torrent pharmaceuticals energy, energy efficiency measures and
environmental impact and conserving Torrent Pharmaceuticals, with sales waste reduction initiatives to achieve
natural resources through various sus- of over Rs. 16,800 crores, is committed these goals. It has also implemented
tainability initiatives, especially in the to reducing its greenhouse gas emis- several green chemistry principles in its
areas of renewable energy, energy ef- sions, conserving energy and water, and manufacturing processes.
ficiency, water conservation and waste minimizing waste. It has implemented
management. Biocon has installed a number of sustainability initiatives in The company has made significant
solar panels and wind turbines at its these areas. The company has installed progress on its environmental sustain-
manufacturing facilities. The company rooftop solar panels at its facilities ability goals during 2022-23. It ex-
has adopted energy-efficient technolo- and procures wind energy to offset its panded its renewable energy capacity by
gies and practices to reduce its energy greenhouse gas emissions. It has also over 22 MW, bringing its total capacity
consumption in manufacturing process- adopted energy-efficient technologies to over 36 MW. It has also completed
es. Rainwater harvesting and recycling and practices through the use of LED a comprehensive Scope 3 GHG assess-
systems are used to reduce water con- lighting and variable frequency drives ment.
sumption and conserve the water. Bio- to reduce its energy consumption. It has
con has a zero-liquid-discharge (ZLD) also implemented rainwater harvest- Lupin is also committed to reduc-
manufacturing facility and it recycles ing and recycling systems to reduce its ing waste generation and promoting a
or composts as much waste as possible. water consumption. The company has circular economy through its recycling.
achieved 55% of total rainwater har- The company has implemented a waste
Biocon has reduced its greenhouse vesting potential in the year 2022-23. management hierarchy that prioritizes
gas emissions by over 63% since 2016. Torrent Pharmaceuticals has a ZLD fa- waste reduction, reuse, recycling and
It has also saved over two billion li- cility and recycles or composts as much compositing. The company is also
tres of water and recycled over 10,000 waste as possible. The company is also working with its suppliers to reduce
tonnes of waste in the past year. The committed to social sustainability and waste in the supply chain.
company has developed a number of to creating positive social impact in the
innovative products and technologies communities where it operates through Aurobindo pharmaceuticals
that are more sustainable than tradition- various sustainability initiatives cover- Aurobindo, with annual sales of
al products and technologies. For ex- ing affordable healthcare access, edu- over Rs. 15,100 crores, has taken a
ample, Biocon has developed a process cation and diverse and inclusive work- number of initiatives to reduce its envi-
for producing biosimilar insulin that is place. ronmental impact and improve the lives
more efficient and uses less energy than of its stakeholders. It has set several en-
traditional processes. It is also work- Torrent Pharmaceuticals has re- vironmental goals, including increasing
28 Chemical Weekly October / November 2023