The company said that a strong sustainability framework is at the heart of Lupin’s strategy and the company has integrated it in all its business operations

Global pharma major Lupin (Lupin) declared that its S&P Global ESG scores have moved up to 76 from 69 last year, well above the industry average of 30 in the pharmaceuticals sector. The company said that it has demonstrated consistent and sustained growth in its environment, social and governance (ESG) performance, underlying its commitment to all aspects of business. Lupin’s steady climb in the S&P Global ESG scores is one of the fastest in the pharma industry in India.

The company said that a strong sustainability framework is at the heart of Lupin’s strategy and the company has integrated it in all its business operations. By accelerating its transition to net-zero emissions, enhancing social impact, and upholding the highest standards of governance, Lupin is paving the way for a more sustainable and equitable future.

Commenting on the achievement, Ramesh Swaminathan, Executive Director, Global CFO and Head – API Plus SBU, Lupin said, “We have made significant progress in our Environmental, Social, and Governance goals over the last four years. The S&P score reaffirms our commitment to prioritizing sustainability and creating impactful and sustainable healthcare solutions that benefit our patients and our communities worldwide.”

Some of Lupin’s main focus areas on the ESG front are environmental stewardship (climate change, water recycling, circular economy, LCA, biodiversity assessment), employee well-being (diversity, equity and inclusion), supply chain sustainability, and patient-centric innovation, as per the company. The Company has increased its share of use of renewable energy to 33.8 per cent and reduced carbon emissions by 21 per cent over the last year. The company claimed that it is water positive in all its water usage.