Dr Reddy's Laboratories — 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.
← back to Data by year2022· 18 events
Level 4 of carbon neutrality roadmap focuses on carbon sequestration through afforestation both within and beyond the fence, and climate-smart sustainable agriculture (ACE programme). Group-wide target to plant 1.5 million trees by 2030 - more than 78,123 native trees planted. ACE programme has shifted 5,875 acres from Transplanted Rice to Direct Seeded Rice and 8,000 acres to zero tillage, reducing emissions by 9,600 tCO2e.
sustainability_report p.33
Largest formulations manufacturing facility recognised by World Economic Forum for Industry 4.0 deployment, with 43% reduction in manufacturing cost per 1000 pills and 30% reduction in production lead time
sustainability_report p.40
35% women in senior leadership by 2030, gender parity by 2035, 3% workforce as persons with disabilities by 2030, 100% living wages for extended workforce by 2025
sustainability_report p.18
Committed to RE100 global initiative with 100% renewable power target by 2030 (50% by FY25). Approach includes installing solar rooftops, JV/solar plant acquisition, cogeneration boilers, Inter-State Open Access PPAs, and Virtual PPAs. Biologics facility and FTO 11 have inaugurated on-site solar power plants. FTO 2 has rooftop solar plus windmill, with 90%+ of power utilised from solar. Currently at 26% renewable power.
sustainability_report p.34
106 energy conservation projects implemented in FY22, reducing 6,763 tCO2e and saving ₹267 million. Digital lighthouse at FTO 3 reduced manufacturing cost per 1000 pills by 43%, production lead time by 30%. FTO 2 uses Honeywell Forge for HVAC closed-loop machine learning optimisation, electronic commutated fans, saving ₹3.4 million per annum and 369 tCO2e.
sustainability_report p.11
1st Indian and 3rd Asian company to join Science-Based Targets initiative (SBTi). Carbon reduction plan approved by SBTi.
sustainability_report p.18
Previous goal was 50% renewable energy by FY25; new goal is 100% renewable power by 2030 via RE100 commitment
sustainability_report p.33
Achieved 100% plastic waste neutrality in Indian operations two years ahead of FY23 target. Collected and processed 1,450.188 tonnes of plastic waste
sustainability_report p.36
Board level committee formed for highest level accountability on ESG
sustainability_report p.4
Level 3 of decarbonisation roadmap: green fuel switchover with time-bound plan to shift to cogeneration or briquette-based fuel. FTO 2 switched from fuel oil to piped natural gas (PNG) for combustion and replaced conventional thermal boilers with green boilers, achieving 83.6% reduction in CO2 emissions year-on-year.
sustainability_report p.38
100% strategic suppliers to be compliant with internal ESG framework by 2030. Supplier Code of Conduct modelled on PSCI Principles, with 40% weightage to ESG factors in audits. 275 suppliers underwent on-site ESG risk assessment in last three years. Featured on CDP Supplier Engagement Leaderboard 2021. TCFD-aligned supplier climate vulnerability assessment in 2020 covers all supplier sites.
sustainability_report p.37
Announced 14 bold ESG goals across environment, social and governance, including 100% renewable power by 2030, carbon neutral in direct operations by 2030, 12.5% Scope 3 reduction by 2030, water positive by 2025, 35% women in senior leadership by 2030, gender parity by 2035
sustainability_report p.5
Previous goal: 55% reduction in carbon emissions by FY30 vs FY18 baseline. New goal: carbon neutrality in Scope 1+2 by 2030
sustainability_report p.33
Commitment to become water-positive company by 2025; currently 78% water neutral with 13% intensity reduction from FY21
sustainability_report p.35
Acquired privately-owned German medical cannabis wholesaler Nimbus Health as wholly owned subsidiary
sustainability_report p.22
Reduced downstream transportation emissions by 15,215 tCO2e by shifting from air to sea freight (Scope 3 cat 9). The air-to-sea conversion at FTO 2 alone resulted in 19,515 tCO2e reduction; 27% of total export shifted from air to sea mode improving $6m logistics cost annually. 74.8% of FTO 2 products use sea freight.
sustainability_report p.36
Adopted Internal Carbon Price (ICP) using project-specific capital cost, lifetime, O&M cost, energy-saving and emissions reductions to evaluate energy conservation projects and create climate impact-resilient financial model for CAPEX investments. All new infrastructure to adhere to certified Green Building design norms.
sustainability_report p.18
Green chemistry programme uses AI/ML-based Route of Synthesis prediction to limit synthesis stages, improve yield and solvent recovery. Solvents and water contribute 80% of process mass intensity (PMI). Goal is to reduce or replace hazardous solvents with greener solvents. Flow chemistry and continuous processing enable cleaner API synthesis. Green Chemistry Council drives commercial adoption.
sustainability_report p.36
2021· 1 event
Scope 3 emissions jumped from 324,723 tCO2e in FY20 to 471,580 tCO2e in FY21 (~45% increase), likely due to broader inclusion of categories (purchased goods, capital goods, fuel & energy, waste, upstream/downstream transport, business travel, commuting)
sustainability_report p.34