RVBA-GIL

GRANULES INDIA LIMITED — 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· 17 events

SBTi-aligned 1.5°C targets and Net Zero by 2050Data confidence — high

Granules committed to SBTi science-based emissions reduction targets aligned with 1.5°C pathway: 42% absolute reduction in Scope 1+2 and Scope 3 by FY30 from FY23 baseline; Net Zero by 2050. Climate commitments submitted to SBTi for approval.

sustainability_report p.12

Restated FY22-23 electricity consumption dataData confidence — high

The firm restated FY 22-23 electricity consumption data. Applied IPCC/DEFRA/CEA methodology consistently. CEA grid emission factor used: FY23 0.81 tCO2/MWh, FY24 0.716 tCO2/MWh.

sustainability_report p.34

EPR registration with CPCBData confidence — high

Received EPR registration certificate on December 26, 2023 from Central Pollution Control Board under EPR guidelines.

sustainability_report p.19

Zero waste to landfill by FY30; 27% waste-to-landfill reduction by FY27Data confidence — high

Circularity targets: zero waste to landfill by FY30; 27% reduction in waste to landfill by FY27; increase co-processing to 95% by FY26.

sustainability_report p.12

Mapped actions with UN SDGs and committed to UNGCData confidence — high

Conducted materiality assessment aligned with GRI and mapped actions with the United Nations Sustainable Development Goals (SDGs). Committed to UN Global Compact (UNGC).

sustainability_report p.13

47.4% renewable electricity via rooftop solar, PPAs and I-RECsData confidence — high

Granules has installed 320 KWp rooftop solar at Gagillapur (with another 660 KWp under commissioning), generating 359 MWh. Procured 6,528 MWh renewable electricity through PPA for Gagillapur and 33,000 MWh of I-RECs for Gagillapur and Bonthapally units. These initiatives raised renewable energy share to 47.4% of electricity mix in FY23-24. GIL-GGP alone achieved 17.98% renewable energy utilisation.

sustainability_report p.13

Primary: Energy efficiency / Carbon Emission Reduction Measures (CERMs)Data confidence — high

Partnered with Siemens to identify CERMs. Implemented vacuum pump replacement (70,296 kWh saved), EC blowers (474,272 kWh), RT pump interlocks (28,244 kWh), VFDs, auto cut-off cooling fans, automatic chiller tube cleaning. Total annual energy savings of 915,945 kWh and INR 120.23 lakhs in cost savings across all units in FY23-24.

sustainability_report p.36

Dependent: Supplier Sustainability Program / Scope 3 Cat 1 reductionData confidence — high

Purchased goods & services dominate Scope 3 at 514,516 tCO2e (~81% of Scope 3). Launched Supplier Sustainability Program engaging key suppliers to disclose emissions, develop SBTi-aligned targets, share product carbon footprints, and adopt renewable energy. Target: strategic suppliers to set science-based targets by FY27. Supplier-specific method used for >80% of value chain Scope 3 calculation.

sustainability_report p.18

Primary: Downstream distribution emissions (Scope 3 Cat 9)Data confidence — high

Downstream transportation contributes 24,827 tCO2e (FY24, up from 22,381 in FY23). Distance-based methodology applied. Part of value chain decarbonization roadmap focused on logistics optimization across 80+ export markets.

sustainability_report p.40

Comprehensive Scope 3 inventorization across all 15 categoriesData confidence — high

Conducted comprehensive Scope 3 assessment covering all material categories using supplier-specific method for >80% of value chain. Engaged with suppliers for primary data collection.

sustainability_report p.40

BSI limited assurance for BRSR FY23-24Data confidence — high

For FY 23-24 the British Standards Institution (BSI) – an independent third party – has verified and assured the data disclosed in this Report.

sustainability_report p.2

Touch 1 million lives through CSR by FY2030; gender pay parity by FY2030Data confidence — high

Social commitments include: 1M lives via CSR by FY2030, gender pay parity by FY2030, 10% YoY LTIFR reduction, zero workplace fatality target.

sustainability_report p.12

Water intensity reduction 27% by FY27Data confidence — high

Water intensity reduction target of 27% by FY27. Conduct water risk assessment and develop water stewardship plan by FY25.

sustainability_report p.12

Cyber-attack impacted FY24 financial performanceData confidence — high

Decrease in profit during current year is due to cyber incident and decline in Para API Volume. Return on Net Worth fell from 21% to 14%.

sustainability_report p.55

No durable removals; relies on RECs/offsets for accountingData confidence — high

Granules does not disclose any durable carbon removals (DAC, BECCS, biochar). Climate plan focuses on absolute emission reduction (42% by FY30) with renewable electricity certificates (33,000 MWh I-RECs) offsetting 23,628 tCO2e. The firm does not distinguish removals from offsets in its disclosures.

sustainability_report p.41

Primary: Alternative fuels for boilers at Bonthapally and GagillapurData confidence — high

Targeting techno-commercial feasibility of alternate fuels for boilers at Bonthapally and Gagillapur. HSD consumption reduced by 31.6%, coal by 1.9%, FO by 1.4% in FY23-24. Internal Carbon Pricing (ICP) to be developed by FY25.

sustainability_report p.13

Dependent: Green molecules platform via Granules CZROData confidence — high

Granules CZRO subsidiary launched to reimagine pharmaceutical manufacturing with green chemistry. Pilot plant for DCDA set up at Visakhapatnam. Aims to decarbonise backward integration for paracetamol and metformin. Academic partnership with NIPER Mohali on Centre of Excellence for Innovative and Sustainable Pharmaceutical Development.

sustainability_report p.52