At Granules, we recognize that the health of our planet and the well-being of humanity are deeply interconnected. This understanding drives our commitment to sustainability—not as a separate initiative, but as the very foundation of our business strategy. Our purpose, “Healing lives responsibly through pioneering green science,” is more than a statement; it is a guiding principle that shapes every decision we make.
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Over the past four decades, we have grown from single paracetamol manufacturing facility to a multi-faceted global pharmaceutical company, delivering safe, cost-effective, and high-quality medicines.
Strategic partnerships, particularly in the United States, and investments in research and development have helped us expand our product offerings to include finished dosages (FDs) and extend operations across India.
Since inception, our actions have aligned with our commitments, embedding responsible practices at every stage from design through delivery
Workforce
Global customers across 80+ countries
State-of-the-art manufacturing facilities
Absolute reduction in GHG
emissions (Scope 1 & Scope 2)*
Electricity consumption
from renewable sources
Wastewater recycled
and reused
Hazardous waste co-processed
GHG emissions avoided
Energy saved
*Represents annual reduction in FY 24 over previous year
Workforce female representation
Confirmed cases
of discrimination
Students trained through
Pharma Pathshala
Increase in women employees*
Increase in community beneficiaries*
New women recruits
*Represents annual reduction in FY 24 over previous year
Employees trained in the
Code of Conduct
Independent Directors
Women in Board
Customer complaints
on cybersecurity
Product recalls
FY 23-24 marked another crucial milestone in our journey of sustainable
value creation.
Over the years, we have achieved remarkable
progress, and now we are harnessing
our solid foundations to move closer to our vision.
DR. KRISHNA PRASAD CHIGURUPATI
Dr. K.V.S. Ram Rao
Mr. Ovais Sarmad
Mrs. Uma Devi Chigurupati
Ms. Priyanka Chigurupati
Sanjay Kumar
Our commitment to environmental responsibility drives us to reduce greenhouse gas Inside this section emissions through our 'One Planet, One Purpose' ethos. We’re cutting Scope 1 and 2 emissions at Bonthapally and Gagillapur with renewable energy, biomass conversion, and energy optimization. Focused on achieving net zero, we are tackling Scope 3 emissions, which make up over 80% of our carbon footprint. By investing in solar energy and renewable credits, we are setting ambitious standards for a sustainable future.
Share of Renewable energy
Energy saved
Wastewater recycled
Hazardous waste co-processed
India is the third-largest greenhouse gas emitter in the world, with a large share of emissions from its energy sector and primarily coal-fired power plants.
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The pharmaceutical industry generates a significant share of the world's greenhouse gas emissions. Emissions are generated from almost every stage of the pharmaceutical life cycle, including manufacturing, procurement, transportation, packaging, disposal
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Our primary energy consumption comes from coal and furnace oil for steam generation, High-Speed Diesel (HSD) for diesel generator sets and vehicles. Electricity used in operations and corporate offices also forms a substantial part of our energy usage. To address this, we have adopted a twinpronged strategy: optimizing energy consumption and transitioning to cleaner energy sources.
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The pharmaceutical industry has a significant water footprint, as water is crucial for manufacturing processes, serving as a raw material, ingredient, and solvent. Research from York University found pharmaceutical contaminants in many rivers worldwide at unsafe levels.
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Responsible disposal of pharmaceutical waste is critical in preventing soil and water contamination. This could eventually cause antibiotic resistance to bacteria living in the sewage and other negative environmental impacts. Furthermore, open disposal of pharmaceutical waste in landfills could lead to potential misuse and unauthorized resale. Contamination of water due to irresponsible disposal could further damage aquatic life severely.
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Our commitment to breaking barriers is reflected in fostering diversity, inclusion, and well-being at Granules. Our women-led production plant in Shamirpet, with 70% women in key roles, showcases our dedication to empowering women. Through initiatives like the Women Mentorship Program and prioritized recruitment, we build leadership opportunities. We also prioritize employee health with awareness sessions, mental health support, and comprehensive healthcare. With focused training and continuous learning, we create an environment where all employees can thrive.
Return to work rate
Confirmed cases of discrimination
Students trained through Pharma Pathashala
Granules' leadership has consistently prioritized fostering a positive and friendly work environment, ensuring employees confidently approach their daily tasks.
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People are at the core of Granules. We are committed to fostering an environment that encourages growth, collaboration, and empowerment. Our approach supports colleagues and communities in reaching their full potential, creating meaningful opportunities for engagement and impact.
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We are dedicated to enhancing employee well-being, especially in mental health through a dedicated policy and increased access to counseling services.
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We are committed to shaping a better society through impactful healthcare, education, and community development initiatives. From empowering rural youth, supporting critical healthcare services, promoting education, and fostering sports excellence, our efforts aim to uplift communities and contribute to a brighter future.
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Our sector is characterized by rapidly evolving trends and advancements, highlighted by the recent pandemic and the impact of climate change on health risks. We recognize the need to adapt swiftly to these changes.
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Our commitment to integrity drives ethical practices and transparency across Granules. Our Code of Conduct ensures compliance with business ethics, environmental responsibility, and human rights across all interactions. Through our Supplier Sustainability Program, we work with suppliers to reduce emissions and promote sustainability. With regular audits and a robust grievance mechanism, we maintain the highest standards of integrity, fostering trust and accountability throughout our operations.
Women on the Board
Of our employees received the code of conduct training
The present scenario necessitates an unprecedented urgency to address climate change underscored by IPCC research, calling for immediate transformative actions.
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Granules' code of conduct applies to all stakeholders, including employees, suppliers, and contractors. We urge them to avoid unfair trading practices, irresponsible advertising, corruption, and anti-competitive behavior.
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Each year, we aim to significantly enhance our data security practices, targeting zero data privacy and cybersecurity breaches. To achieve this, we will conduct a third-party vulnerability assessment and evaluate IT and OT security gaps.
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In the final phase of our strategy development, we set clear short, medium, and long-term goals, assessed current state of ESG integration, and developed ambitious sustainability goals.
These goals align with relevant functions and team members in the performance matrix, for annual evaluations, ensuring appropriate rewards and driving actionable progress.
Achieve Net Zero Emissions by 2050
Achieve 100% sourcing renewable electricity by FY 30
Achieve Water Positivity by FY 32
Achieve Zero waste to landfill by FY 30
Touch 1 million lives through CSR programs by FY 30
Achieve top-quartile performance in L&D parameters within the pharmaceutical industry.
Foster a safety-first culture and target zero workplace fatality
Achieve high employee satisfaction and retention through career growth, wellness, and work-life balance.
Double women's employment by 2030 compared to FY24.
Engage 75% of key suppliers in carbon reduction initiatives by 2028
Embed ESG in governance to ensure compliance, accountability, and sustainable decision-making.
Ensure zero data privacy and cyber security breaches
We prioritize the importance of engaging key stakeholders for long-term success. Continuous engagement at all organizational levels involves various mechanisms to value insights and monitor outcomes, led by senior leadership and operational teams with the Board’s oversight.
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Granules conducts a dual materiality assessment that evaluates the impact of environmental, social, and governance (ESG) factors on the Company and the effects of its operations on the broader environment and society.
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We established a sustainability governance framework that includes a comprehensive induction process covering Granules’ purpose and objectives.
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BW PharmaWorld Person of the Year Award 2024
Golden Peacock Awards – Winner of Sustainability 2024
ET RE Pharma Awards
CII 25th National Award for Excellence in Energy Management 2024
QMS Integration Award and Quality Culture Transformation Award
Future Ready Organization
TSREDCO Awards TSECA 2023
Most Trusted Brands of India 2023
IGBC Green Factory Buildings – Crusader of Sustainability
Gold and Silver Winner at the 10th CII National Poka-Yoke Competition
