Aurobindo Pharma

Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.

OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.

EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?

PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.

Aurobindo consumed 1,24,446 MWh renewable power in FY24, including ~43,000 MWh self-generated from its 30MW solar plant near Pydibhimavaram, Vizag, and purchased solar power from JV/associate companies (NVNR Ramannapet I & II Power Plants — 26% associates). Renewable share reached ~14% (power-to-power) against 2025 target of 20%. Strategy also includes shifting from coal to biomass/briquettes and piped natural gas at select units.

No narrative on durable removals approach in the firm's most recent reports.

• Solar self-generation and grid renewable purchase

  30MW solar PV plant at Pydibhimavaram generates ~43,000 MWh annually consumed in-house. Additional renewable supply sourced from associate power plants (NVNR Ramannapet I & II, 26% holdings). Together delivered 14% of power consumption against 20% 2025 goal.

• Energy-efficiency program in chillers, compressors and pumps

  Reduction in power consumption of 180.6 lakh kWh (~18 GWh) through installation of energy-efficient pumps, chillers under BOOT model, solar rooftop panels, VFDs, auto tube cleaning systems on chillers, replacement with energy-efficient compressors, synchronisation of nitrogen plants and optimum chiller/compressor loading.

• Boiler fuel switching from coal to biomass/briquette and PNG

  Company shifted from coal to biomass or briquette fuel at selected manufacturing units and adopted piped natural gas (PNG). Combined energy efficiency and fuel-switching initiatives reduced coal consumption by 4,736 MT in FY24 via improved steam condensate recovery and boiler efficiency.

• Hazardous waste co-processing in cement kilns

  More than 62% (15,269 tonnes in FY24) of hazardous waste diverted to cement industries for co-processing as alternative fuel, displacing fossil fuels. Achieved 64% co-processing of hazardous waste against 60% 2025 target. Avoids landfilling and incineration, supporting circular outcomes.

• Low-carbon logistics and supplier ESG audits

  Sustainable supply chain identified as a material risk. Mitigation includes shifting towards low-carbon logistics, supplier Code of Conduct (effective April 1, 2023) and engagements/audits. 51% of key starting material suppliers in India (for finished dosage drug products) assessed on Supplier Code of Conduct in FY24 vs 50% in FY23 — target 100%.