JB Pharma outlines key ESG goals & targets in Third Sustainability Report FY24
Sustainability

JB Pharma outlines key ESG goals & targets in Third Sustainability Report FY24

JB’s absolute Scope1 & Scope2 emissions reduced by 13.9 % in the last financial year, despite turnover increasing by 11%

  • By IPP Bureau | October 21, 2024

J. B. Chemicals & Pharmaceuticals Ltd (JB Pharma), one of the fastest growing pharma companies in India, has today announced its ESG commitments with the launch of its 3rd Sustainability (ESG) Report. This marks a significant step forward in the company’s ongoing dedication to sustainability, aimed at driving environmental and social progress.

JB Pharma’s third sustainability report highlights the company’s achievements in reducing its environmental impact and improving resource efficiency. The company has successfully reduced emissions (Scope 1 & Scope 2) intensity per rupee of turnover by 22.2%, while total Scope 1 & Scope 2 absolute emissions decreased by 13.9%. Renewable energy played a key role for JB Pharma with JB generating 46341 GJ of energy from renewable sources of energy, which is 12.1% of total energy demand.

Additionally, it has avoided 9,216.7 tCO2e emissions through renewable sources, reducing its total energy consumption by 5.7% and lowering its energy intensity per rupee of turnover by 14.8%. Water consumption intensity per rupee of turnover also dropped by 4.8%. Waste sent to landfill decreased to 12.2%, down from 17.18% in the previous year.

All manufacturing facilities have achieved Zero Liquid Discharge (ZLD), further emphasizing the company’s environmental stewardship.

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