- Under-performance of international stressed assets resulting in impairment risk
- Inability to achieve intended strategic M&A outcomes within the timelines envisaged resulting in loss of shareholder value
- Cyber-attacks could lead to loss of confidentiality, data, information and loss of reputation
- Non-fulfillment of contractual obligations resulting in financial and reputation loss
- Critical inspection observations related to facilities/systems/deployment could culminate into regulatory action disrupting supply and delaying product approval
- Product liability claims and potential recalls arising from nitrosamine related impurities
- Impact on Environment and Society and related impact on operations
- Emergence of Artificial Intelligence (AI) based technologies, with integration across pharma operations, accompanying challenges and adverse outcomes.
- Escalating Geopolitical Tensions and Societal Unrest leading to significant operational disruptions across the supply chain, increasing costs, thereby impacting profitability.
- Attracting and retaining skilled talent in the workforce, while addressing talent shortages in the pharmaceutical industry
Strides Pharma Science Limited
Greenhouse gas emissions & sustainability report data
In its 2023-04 to 2024-03 reporting, Strides Pharma Science Limited disclosed greenhouse gas emissions of 25.9K tCO2e/year (Scope 1 & 2 combined). By scope: Scope 1: 5.3K tCO2e/year; Scope 2: 19.9K tCO2e/year. Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
25.9K tCO2e/year (Scope 1 & 2 combined)
2023-04 to 2024-03
Renewable Energy
~44% of total energy use
of total energy
Water Usage
204.4K m3/year
2023-04 to 2024-03
Waste
826 tons/year
2023-04 to 2024-03
Energy Use
53.4M Kwh/year
2023-04 to 2024-03
📊 Emissions by Scope (2023-04 to 2024-03)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 5.3K tCO2e/year |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 19.9K tCO2e/year |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
📈 Emissions by Report Period
| Report period | Headline emissions figure reported |
|---|---|
| 2023-04 to 2024-03 | 25.9K tCO2e/year (Scope 1 & 2 combined) |
| 2022-04 to 2023-03 | 25.6K tCO2e/year (Scope 1 & 2) |
Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.
✅ Reported Environmental Achievements
- ~44% of energy consumed was derived from renewable energy sources.
- 43.9% of water consumed was recycled and reused
- All Strides India facilities are ISO 14001 certified
🎯 Climate & Sustainability Targets
🔜 Short-term
- Increase clean energy consumption to 50% by FY25
- Reduce carbon footprint by 45% by FY25
- Increase water recycling to 45% by FY25
📅 Medium-term
- Increase share of women in total permanent workforce to 25% by FY30
- Ensure 50 hours of training per FTE on average by FY27
- Third party audit of risk management processes- in line with ISO 31000 by FY27
🌱 ESG Focus Areas
Environmental SustainabilitySocial ImpactResponsible Governance