Renewables via on-site solar, open access PPAs and biomass Two-pronged decarbonisation: energy efficiency innovation + renewable energy scale-up. 55 MWp captive solar power open access, 2.7 MVA captive wind power open access and 8.4 MWp solar rooftop installations across India. Biomass accounted for 11% of energy consumption in FY2023-24. Renewable energy reached 29% of global energy mix (up from 27% in FY22-23); 33.6% in India manufacturing ops. Target: 50% renewable electricity in India manufacturing by December 2025. Avoided 81,054 tCO2e via renewables (12.4% increase YoY).
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Reporting boundary expanded to include 15 additional subsidiaries Increased reporting boundary to include 15 additional subsidiaries vs FY2022-23, accounting for ~6.4% of Scope 1 & 2 emissions, ~4.4% of energy consumption, ~4% of water withdrawal. Also includes Indian warehouse data for first time.
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Primary: Energy efficiency in manufacturing operations Efforts in FY2023-24 supported energy savings of approximately 4,127 MWh through DG-Grid Synchronisation, BacComber System, Air Handling Unit (AHU) Operation Optimisation, Electronically Commutated (EC) Blowers and Chiller Operation Optimisation. Capital investment of INR 7.8 crores in energy conservation equipment. 31 manufacturing units have undergone energy audits aligned to ISO 50001:2018.
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Carbon neutrality target Dec 2025 (India manufacturing, Scope 1+2) Cipla has committed to absolute carbon neutrality for Scope 1 (energy based) and Scope 2 emissions for India manufacturing operations by December 2025. Baseline year 2019, baseline emissions 263,266 tCO2e. As of 31 March 2024, achieved 28% reduction vs baseline. Also targets water neutrality, zero waste to landfill, and 50% renewable electricity for India manufacturing by Dec 2025.
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TNFD-aligned biodiversity risk assessment & policy adoption Cipla undertook a LEAP-based biodiversity risk assessment of 37 India manufacturing units aligned with TNFD framework, IUCN RET, IFC PS 6 and Wildlife Protection Act 2022. Findings: 81% low/very low risk, 14% medium, 5% (2 units) high risk (within 10 km of National Park). Developed Biodiversity Policy aligned with UN CBD Kunming-Montreal Global Biodiversity Framework.
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Goa manufacturing sites certified Zero Waste to Landfill As of 31 March 2024, two Goa manufacturing units certified as Zero Waste to Landfill by external accreditation agency. Plans to cascade certification to all Indian manufacturing locations in FY2024-25.
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Water neutrality target Dec 2025 for India operations Targets water neutrality for India manufacturing operations by December 2025; 84% of wastewater recycled in-house in FY2023-24 and 54% of global manufacturing units have ZLD operational plants.
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100% EPR compliance for plastic waste; inhaler recycling program Collected plastic waste equal to 100% of pre/post-consumer plastic generated (21,857 MT); 16,250 MT recycled, 3,900 MT co-processed, 1,708 MT to waste-to-energy. Launched inhaler recycling program in South Africa.
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Low-GWP propellant inhaler development Cipla is investing in development of low GWP propellant inhalers to reduce Scope 1 and Scope 3 (use phase) propellant emissions, which have been identified as the largest contributor to Scope 1 and Scope 3 emissions.
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No durable removals disclosed; afforestation framing only Cipla does not disclose any DAC, BECCS, biochar or durable removal volumes. Its carbon-neutrality pathway for India manufacturing by Dec 2025 is built on absolute reductions via renewable energy and energy efficiency, not removal credits. In line with the Kunming-Montreal Global Biodiversity Framework, the firm commits to nature-based solutions including afforestation efforts to address biodiversity dependencies, but no quantified removal target is provided.
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