By: IPP Bureau
Last updated : October 04, 2024 9:18 am
The report highlights Piramal Pharma’s approach across four key strategic pillars: Responsible Operations, Business Resilience, Customer Centricity, and Quality & Excellence
Piramal Pharma Limited (PPL) has released its third independent annual Sustainability Report for the financial year 2023-24, under the theme ‘Building Resilience Today for a Sustainable Tomorrow.’
The report highlights Piramal Pharma’s approach across four key strategic pillars: Responsible Operations, Business Resilience, Customer Centricity, and Quality & Excellence. These pillars underscore the company’s focus on climate action, supply chain responsibility, innovation, and operational excellence, all while ensuring the well-being of its employees and the communities it serves.
PPL is dedicated to ‘Operating Responsibly, Growing Sustainably, ’ with a vision to become a global leader in pharmaceuticals, driven by sustainability, inclusivity, and ethics. PPL’s comprehensive strategy integrates sustainability principles across all operations and decision-making, focusing on 12 key areas and 28 material topics, supported by over 50 specific time-bound targets. This framework ensures PPL to effectively manage its sustainability responsibilities and drive meaningful impact across its global operations and value chain.
Nandini Piramal, Chairperson, Piramal Pharma Ltd., said, “As we advance on our sustainability journey, we are deeply committed to transparency, accountability, and continuous improvement in our business practices. Our latest Sustainability Report not only highlights the milestones we’ve achieved but also demonstrates our capability to adapt to evolving global standards. By revising our Scope 1 and 2 GHG emissions and energy consumption for FY 2023, we have significantly improved data/accuracy, enabling us to assess and manage our environmental footprint. Looking ahead, we remain committed to driving sustainable growth; reinforcing our core purpose of ‘Doing Well and Doing Good,’ while strengthening our focus on making meaningful, measurable progress toward a more sustainable future."
The Sustainability report follows GRI standards and is aligned with SASSB and UNGC frameworks, underscoring PPL’s commitment to sustainable growth, responsible capital allocation, and impactful stakeholder engagement.