Business Responsibility and Sustainability Report for FY25
GRANULES · price
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Granules India has filed its annual BRSR for FY25 as required by SEBI regulations. The pharmaceutical company (exports contribute 92.38% of revenue, ₹30,302 million) highlighted key sustainability milestones including SBTi-approved Net Zero target by 2050, a two-level improvement to 'B' rating in CDP Climate assessment, and an EcoVadis Gold rating placing it in the top 5% globally (97th percentile, score 79/100). On the environmental front, the company reduced Scope 1+2 emissions by 32.2% since FY23 base year, sourced 68.7% of electricity and 24.2% of total energy from renewables, recycled 44.2% of wastewater, and sent 80% of hazardous waste for co-processing. On the social front, the company reported zero workplace fatalities, 31.6% reduction in recorded incidents, 100% employee health coverage, and CSR programs touching thousands of beneficiaries. The report was assured by Bureau Veritas with reasonable assurance for BRSR Core.
This is a mandatory annual compliance filing with no direct price impact, but it strengthens Granules' ESG credibility with global pharma buyers and regulators. The improved ratings (CDP 'B', EcoVadis Gold) and clear Net Zero roadmap could enhance its positioning for international tenders and ESG-focused investors, while ongoing emission and waste reduction initiatives may support long-term cost savings.