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Sun Pharma — full event log

Every event we have on file across every reporting year. The Data-by-year tab summarises the top 10 per year; this page shows them all.

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2024· 26 events

Carbon offsets exploration; biodiversity-based sequestrationData confidence — med

Beyond efficiency and renewables, the company is actively exploring carbon offset projects to neutralize remaining emissions to meet 2050 Net Zero. Biodiversity assessment identified opportunities for carbon sequestration through greenbelt conservation to address residual emissions. No DAC, BECCS, or biochar commitments disclosed.

sustainability_report p.70

Net Zero by 2050 commitmentData confidence — high

Sun Pharma set a target to become a Net Zero Company by 2050.

sustainability_report p.38

Water-positive by 2030 targetData confidence — high

Set target to be water-positive by 2030. Already achieved 25% reduction in water consumption vs 2020 baseline (target was 10% by 2025).

sustainability_report p.39

Co-process 30% of hazardous waste by 2025Data confidence — high

Target to co-process 30% of hazardous waste by 2025. FY 2024-25 achieved 27%.

sustainability_report p.56

30% female workforce representation by 2040Data confidence — high

Diversity target to achieve 30% female workforce by 2040, with 40% in management positions in revenue generating functions. Current: 18.59% total workforce.

sustainability_report p.74

TNFD-aligned biodiversity risk assessmentData confidence — high

Conducted biodiversity risk assessment at 5 manufacturing locations using TNFD V0.4 framework.

sustainability_report p.71

Third-party assurance by DNVData confidence — high

DNV provided independent assurance on the ESG Overview FY 2024-25 in accordance with ISO/IEC 17029:2019.

sustainability_report p.88

Material reduction in Scope 3 Purchased Goods emissionsData confidence — med

Scope 3 Cat 1 (Purchased Goods) dropped from 236,932 to 115,140 tCO2e YoY — a 51% decrease. May reflect methodology change or scope reduction; merits verification.

sustainability_report p.60

Carbon sequestration via biodiversity/greenbelt; offset projects exploratoryData confidence — med

Sun Pharma is exploring carbon offset projects to neutralize residual emissions. Biodiversity assessment identified opportunities for carbon sequestration through greenbelt conservation to address residual emissions. No specific volumes of durable removals (DAC/BECCS) disclosed.

sustainability_report p.70

Primary: Energy efficiency in manufacturing operationsData confidence — high

Deployment of heat pumps for hot water (replacing steam), high-efficiency chillers with smart controls, IE3 motors, VFDs for part-load operations, energy-efficient blowers, compressors, pumps, motion-sensor lighting, and condensate recovery upgrades. Specific energy consumption reduced 7% YoY (12.68 → 11.76 GJ/Revenue Mn INR).

sustainability_report p.59

Primary: Fuel switching from furnace oil/HSD to biomass briquettesData confidence — high

Boiler fuel substitution from conventional furnace oil and high-speed diesel to renewable biomass briquettes for steam generation across most sites. This is the primary driver of Scope 1 decline from 75,970 tCO2e (FY22) to 38,729 tCO2e (FY25) — a ~49% reduction.

sustainability_report p.59

Dependent: Purchased goods & services (Scope 3 Cat 1)Data confidence — high

Largest Scope 3 category. Reported 115,140 tCO2e in FY 2024-25 (down from 236,932 tCO2e in FY 2023-24). Suppliers required to abide by Supplier & Third Party Code of Conduct including ESG requirements; 64 suppliers assessed via desk-based ESG audits in FY 2024-25.

sustainability_report p.84

Dependent: Upstream and downstream transportationData confidence — high

Scope 3 transport categories total ~44,000 tCO2e in FY 2024-25. Mitigation includes shifting from air to sea shipments where feasible, local sourcing to reduce long-haul logistics emissions, and eco-friendly reusable multi-layered cold storage packaging for one main product to reduce CO2 emissions in distribution.

sustainability_report p.86

Primary: Water stewardship and ZLDData confidence — high

Zero Liquid Discharge (ZLD) systems implemented at 18 manufacturing sites. 25% reduction in water consumption vs 2020 baseline; transitioning from groundwater to surface water at multiple sites; rainwater harvesting to recharge local aquifers. Target: water-positive by 2030.

sustainability_report p.62

35% absolute Scope 1+2 emissions reduction target by 2030Data confidence — high

Sun Pharma has set a target to reduce absolute carbon emissions (Scope 1 + Scope 2) by 35% by 2030 against 2020 baseline (451,068 tCO2e). 21% reduction achieved by FY 2024-25.

sustainability_report

Biodiversity risk assessment using TNFDData confidence — high

Conducted biodiversity risk assessment at 5 manufacturing locations using TNFD V0.4 framework.

sustainability_report p.71

Water positive by 2030 targetaffects water consumption m3Data confidence — high

Set target to be water-positive by 2030; near-term target of 10% water consumption reduction by 2025 already exceeded (25% reduction achieved).

sustainability_report p.39

30% female workforce by 2040affects workforce female pctData confidence — high

Diversity target to achieve 30% female representation across global workforce by 2040.

sustainability_report p.74

Net Zero by 2050 targetaffects net zero target yearData confidence — high

Sun Pharma announced target of becoming a Net Zero Company by 2050.

sustainability_report p.38

Scope 3 Purchased Goods declined ~51% YoYaffects scope 3 purchased goodsData confidence — med

Purchased goods & services emissions dropped from 236,932 to 115,140 tCO2e between FY23-24 and FY24-25 — likely methodology change or scope adjustment.

sustainability_report p.60

Primary: Manufacturing energy efficiencyData confidence — high

Three-pronged strategy: monitor, minimize, decarbonize. ISO 50001:2018 EMS at 6 manufacturing sites. Key measures: heat pumps for hot water (replacing steam), energy-efficient HVAC blowers, high-efficiency chillers with smart controls, IE3 motors, demand-side compressed air management, energy-efficient dryers, motion-sensor lighting, condensate recovery, VFDs for part-load, automatic tube cleaning in chillers. Energy intensity fell from 16.81 to 11.76 GJ/INR Mn revenue between FY21-22 and FY24-25.

sustainability_report p.57

Dependent: Supplier ESG integrationData confidence — high

Supplier and Third Party Code of Conduct mandates ESG compliance. 1,206 Tier-1 suppliers, 180 significant Tier-1 (64% of spend), 268 significant non-Tier-1. 64 suppliers assessed via desk-based ESG audits in FY24-25. CQA audits every 3 years. ESG Council oversees supplier programs; third-party knowledge sharing on supplier ESG.

sustainability_report p.84

Primary: Fuel switching to biomass for boilersData confidence — high

Fuel substitution initiatives implemented across most sites, replacing conventional boiler fuels such as furnace oil and high-speed diesel with renewable biomass briquettes for steam generation. Drove Scope 1 reduction from 75,970 tCO2e (FY21-22) to 38,729 tCO2e (FY24-25) — a 49% drop over 3 years.

sustainability_report p.59

Dependent: Downstream logistics and cold-chain packagingData confidence — high

Adopted eco-friendly multi-layered cold storage packaging for a key product, designed for reuse after refurbishment and re-qualification, reducing CO2 emissions. Optimizing dependencies on air transport in favor of cost-effective sea shipments to decrease transportation expenses and emissions.

sustainability_report p.86

Captive hybrid (wind+solar) + rooftop solar + biomass fuel switchingData confidence — high

41% of energy from renewable sources in FY 2024-25, up from 31% in FY 2021-22. Strategy includes captive hybrid wind+solar plant for Gujarat facilities, captive solar at Dewas, captive windmills at Maduranthakam, expanded solar rooftop at Mohali, Poanta Sahib, Sikkim, Guwahati, Romania, Baddi sites, and fuel-substitution from furnace oil/HSD to renewable biomass briquettes for steam generation. Projecting >50% renewable energy share by 2030.

sustainability_report p.59

Captive hybrid wind+solar PPAs and rooftop solar expansionData confidence — high

41% of energy now from renewable sources, up from 31% in FY21-22. Captive hybrid wind+solar plant commissioned for Gujarat manufacturing facilities; captive solar plant at Dewas; captive windmills at Maduranthakam. Rooftop solar expanded in FY24-25 to Mohali, Poanta Sahib, Sikkim, Guwahati, Romania, Baddi and Basma warehouse, in addition to existing installations at Halol, Baska, Gurgaon, Dadra, Vadodara. Fuel substitution replacing furnace oil/HSD with biomass briquettes in boilers.

sustainability_report p.59

2020· 1 event

35% Scope 1+2 absolute reduction by 2030 vs 2020 baselineaffects scope 1 co2eData confidence — high

Reduction of carbon emissions by 35% (Scope 1 and Scope 2) by 2030 compared to baseline year of 2020. ~21% achieved by FY24-25.

sustainability_report p.38