HIKAL 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.
← back to Data by year2024· 14 events
In FY 2024-25, Hikal adopted a more granular approach for calculating emissions from purchased goods and services. Reported Scope 3 rose 38% YoY, but on a like-for-like basis emissions decreased 14%. This improves accuracy of reporting.
sustainability_report p.17
All five manufacturing facilities certified under ISO 45001:2018 OH&S Management System; R&T Pune undergoing certification. Other certifications include ISO 9001, ISO 14001, ISO 50001, and Responsible Care.
sustainability_report p.5
Hikal is committed to the ten principles of the United Nations Global Compact (UNGC).
sustainability_report p.5
Settlement of INR 43,97,250 paid to SEBI for alleged non-disclosure/inadequate disclosure of material information under SEBI (LODR) Regulations, 2015. No appeal preferred.
sustainability_report p.6
Scope 1 emissions intensity declined due to transition from natural gas and fuel oil to purchased briquette-generated steam. Cogeneration turbine installed at Taloja briquette-fed boiler to generate in-house clean electricity. Improved boiler steam-to-fuel ratio saved 697 MT of fuel and 292.39 MT of furnace oil at Jigani 1.
sustainability_report p.15
R&D spend was 4.20% of total in FY 2024-25 (4.56% in FY23-24). Redesigned carboxylation process eliminated toxic reagents (CO, n-butyl lithium, palladium), improved yield from 33% to 59%, reduced Process Mass Intensity from 43 to 18, and reduced CO2 by 46 kg per 1 kg API (46,000 kg per 1,000 kg API). Patent filed.
sustainability_report p.7
More than 90% of process solvents recovered and reused. 'Wealth from Waste' programme identifies recycling/reduction/reuse opportunities; dedicated lab studies waste treatability and converts by-products into desired intermediates. 41,353 MT recycled and 4,712 MT reused in FY 2024-25.
sustainability_report p.16
Hikal has set internal Scope 1 and Scope 2 emissions reduction targets and calculated FY 2024-25 Scope 3 emissions. The company is currently a signatory to SBTi for near-term targets and plans to submit for SBTi target validation by end of FY 2025-26. FY 2025 will be designated as the baseline year.
sustainability_report p.5
Hikal will designate FY 2025 as the baseline year for monitoring progress against emissions reduction targets under SBTi framework.
sustainability_report p.17
Implemented 100% ZLD at three of five manufacturing facilities, with new ZLD system commissioned at R&T Pune in FY 2024-25.
sustainability_report p.15
Hikal Jigani Unit (near Bannerghatta National Park) undertook lake restoration (Konasandra and Yallammanadoddi lakes), and developed a Miyawaki forest with 4,000 trees, 1,000 shrubs and 350 bamboo grasses near Harapanahalli Temple in May 2024.
sustainability_report p.17
Hikal has implemented solar and wind power through power purchase agreements at Mahad, Taloja, Jigani Unit 1 and Panoli sites. Renewable energy reached 77% of total energy consumption in FY 2024-25 (up from 62% in FY 2023-24). Annual cost savings of INR 134.0 million from alternative energy adoption (Panoli INR 27.0m, Taloja INR 53.5m, Mahad INR 23.8m, Jigani 1 INR 29.7m).
sustainability_report p.18
Replaced pumps with high-efficiency units, retrofitted CFL to LED in flameproof areas, optimised transformer voltage from 415V to 405V, automated streetlighting, installed motion sensors and flash steam recovery systems. Annual operational savings of INR 27.8 million.
sustainability_report p.18
Scope 3 dominated by purchased goods. Hikal has a Green Supply Chain and Sustainable Procurement Policy and conducts on-site/desktop ESG and EHS audits for critical India-based suppliers. 100% of critical India suppliers assessed for ESG, human rights and working conditions.
sustainability_report p.7