At Sun Pharma, we believe sustainability is not just a commitment but a shared responsibility that calls for decisive action. Our approach centres on embedding sustainable practices into our operations to deliver long-term value for all stakeholders. By aligning our sustainability strategy with global frameworks, we have established a solid foundation to translate our sustainability aspirations into meaningful outcomes.
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ESG Highlights FY24

Environment

18%

Reduction in absolute carbon emissions and 42% decrease in specific intensity for Scope 1 and 2 carbon emissions compared to baseline year 2020

21%

Reduction in absolute water consumption and 44% decrease in specific intensity for water consumption compared to baseline year 2020

38%

Energy sourced from renewable sources

Social

₹1,164 Million

CSR Spend

1 Mn+

People in India benefited from CSR initiatives

Certified in 25 countries globally

Governance

56%

Independent Board Directors

98.2%

Average Board meeting attendance

67%

Board members have pharmaceutical expertise

Our Global Presence

Focusing on Health Outcomes

We are committed to developing high-quality innovative pharmaceutical products to strengthen healthcare systems and enhance patient outcomes worldwide.

51,000+

Employees globally (including executives on contract)

41

Manufacturing facilities across six continents

~100

Countries presence

Mumbai

Headquarter

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Dilip Shnghvi

Message from the Chairman & MD

Dear Stakeholders,

Sustainability has become pivotal in building a more equitable, environmentally conscious, and sustainable future for the society. Sustainability is also imperative for achieving economic stability and social cohesion. At Sun Pharma, our vision of ‘Reaching People And Touching Lives Globally As A Leading Provider of Valued Medicines’ inspires us to collaborate and co-create solutions with our stakeholders that positively impacts the society.

Dilip Shanghvi

Chairman & Managing Director

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Our ESG Strategy

Aligning Business Strategy with a Sustainable Future

Our ESG strategy is rooted in our core values which form the foundation of our culture and guides our actions and decisions. These principles drive us to uphold the highest ethical standards, foster innovation, and remain steadfast in our ommitment to positively impacting society and the environment at large.

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Quality

We prioritise delivering high-quality medicines and healthcare solutions that meet the needs of patients and healthcare providers globally.

Reliability

We strive to be a trusted partner by consistently delivering on our commitments and maintaining a reliable supply of medicines.

Trust

We value the trust placed in us by our stakeholders and work diligently to uphold it through transparency, accountability, and responsible ethical business practices.

Consistency

We maintain consistency in our operations, ensuring that our actions align with our stated goals and commitments.

Innovation

We foster a culture of innovation to drive advancements in addressing unmet medical needs and improving health outcomes.

ENVIRONMENTAL
STEWARDSHIP

We have an unwavering commitment to addressing climate change and other environmental impacts through strategic actions.

We are making significant investments in adopting renewable energy, use of biomass fuel, energy efficiency measures, water conservation and waste management.

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SOCIAL

Our human resource is one of the key drivers of our success. We are committed to fostering a diverse, inclusive, and supportive workplace that empowers employees to reach their full potential.

By investing in talent development, health, and safety, we ensure our people are equipped to contribute meaningfully to our mission of improving global health outcomes.

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GOVERNANCE

At Sun Pharma, our approach to corporate governance framework is fundamentally anchored on principles of trust, accountability, reliability and transparency.

We emphasise the importance of upholding the highest ethical standards in our business practices, crucial for creating shared value for all stakeholders.

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Responsible Product Stewardship

Access to safe and effective medicines is crucial for universal healthcare coverage.

Our R&D is focused on patient-centered innovation and strategic investments in advanced technologies. We are committed to meeting the highest quality standards for our products and complying with all regulatory requirements.

Strategic
Risk Management

At Sun Pharma, we have seamlessly incorporated Enterprise Risk Management framework into our corporate strategy.

Our emphasis lies in assessing, mitigating, and minimising risks while continuously improving our risk management competencies.

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Communities

Enhancing Social Value

At Sun Pharma, our success is deeply connected to the health and prosperity of the communities we serve. With this belief at the forefront of our mission, we actively pursue our Corporate Social Responsibility (CSR) initiatives. Our efforts are grounded in a clear CSR policy and strategy targeting key areas essential for uplifting and empowering our communities.

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Stakeholder Engagement

Guided by Materiality,
Driven by Engagement

We actively engage with stakeholders to foster strong, meaningful relationships, promote trust and transparency and to improve strategic decision-making through diverse perspectives.

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Materiality Assessment

Evaluating Impact
and Importance

In FY24, we reviewed key material topics to align with the evolving stakeholder priorities and our strategic objectives.

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