Annual Report 2024

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Environment, Health, Safety and Sustainability

Celebrating
30 years of safety and sustainability

As a responsible Company, safety and sustainability are the backbone of our operations. We prioritize safety awareness, training, monitoring and measurement in every corner of our campuses and every aspect of our work. Similarly, we introduce environmentally friendly business practices wherever possible as part of our commitment to continuous improvement.

36,224

Person/hours of EHSS training by qualified trainers

96%

of total hazardous and non‑hazardous waste recycled

82%

of power consumed from renewable sources

3%YoY

reduction in energy usage

2,255MT

equivalent CO2 savings from energy conservation

62,672MT

equivalent CO2 reduction in GHG emissions

42%YoY

freshwater savings achieved

80,365KL

fresh water saved from recycling, reusing and rainwater harvesting

2,140KL

rainwater harvested

Energy management

Focused energy conservation initiatives contributed to 3% reduction in energy consumption during the year while 82% of our power consumed from renewable energy sources: enabling 61,601 Metric Tons (MT) reduction in green house gas (GHG) emissions.

The Company encourages a responsible approach to energy conservation including a program of targeted activities to minimize energy consumption, promote efficient use of energy and integrate renewable energy sources into the energy framework.

An energy index covers all operating units to enable tracking through our energy management system. We review our energy conservation program every fortnight to incorporate new energy-saving ideas to enhance efficiency. During the year, the Mangalore team won the prize for ‘Best Energy Efficiency’ in a national-level competition organized by The Confederation of Indian Industry (CII).

The energy-efficiency measures taken by Syngene during the year include:

Replacement of chilled water circulation pumps with energy‑efficient IE3 motors in four buildings

Replacement of centrifugal air handling unit (AHU) fans with energy‑efficient axial fans for laboratory fresh air and optimization of frequency after office hours/weekends in Biocon Park and the Hyderabad campus

Variable frequency drives (VFD) were deployed to optimize the performance of vacuum pumps and hot water pumps and auto adjust frequency based on load demand in API manufacturing in Bangalore

Air conditioning units in offices were connected to a smart controller to optimize power consumption in several buildings in Bangalore

Motion sensors installed for LED lighting in corridors in one building

Optimized AHU operations after office hours through auto timer with reduced frequency of the motor in S2, S12 & S20A blocks

Converted variable refrigerant volume (VRV) multi-split air conditioners to chilled water flow-based chillers to optimize the power consumption of chiller units in the Mangalore warehouse

Cooling towers at Biocon Park, Bangalore

Water management

78,225 Kiloliters of water were saved as a result of multiple initiatives taken in our facilities to reduce, reuse and recycle this precious resource.

The Company has adopted a water-management program to optimize water efficiency by reducing freshwater consumption through recycling and reuse while supplementing supplies through rainwater harvesting. Wastewater is treated using conventional effluent treatment plants and reverse osmosis units at the Mangalore and Bangalore facilities and pre-treated in an effluent treatment plant managed by an authorized third party at the Hyderabad campus.

Waste management

During the year, 96% of total hazardous and non-hazardous waste generated from operations was recycled and we have maintained zero waste to landfill at all our facilities

The Company prioritizes sustainable waste management and follows clear procedures for segregation and handling of different categories of waste. A Six Sigma ‘green belt’ project at the Mangalore site was used to achieve 100% segregation, collection, and recycling of plastic waste, resulting in the proper disposal of 1.62 metric tons of plastic waste and a reduction in carbon dioxide emissions. The company has been recognized for its environmental leadership and commitment to sustainability, including eliminating single-use plastic cups from the workplace. We are dedicated to achieving zero waste to landfill and reducing incinerable waste thus eliminating 825 metric tons of waste in FY24, accounting for 19.5% of our total waste generated from operations.

Syngene was recognized for its environmental leadership and commitment to sustainability at the ‘Workplace Excellence Conference & Awards’. The event was organized by INFHRA (The Infrastructure, Facility, Human Resource & Realty Association) to celebrate excellence in workplace management and sustainable performance.

Safety at work

During the year, 6,410 employees and 847 workers underwent 36,224 person/hours of safety training to learn various job-specific topics.

Operating with the philosophy that every incident is preventable, the Company considers primary responsibility for safety sits with the leaders of each division, department and team based on a framework developed by the International Association for Chemical Safety. A central team of professionals provides specialist advice and oversight including: risk assessments, emergency preparedness, health programs, compliance with regulations, and safety-focused ergonomics. The company is accredited with ISO 45001:2018 for Occupational Health and Safety.

To increase safety awareness, safety campaigns and training sessions are conducted regularly. During the year, we significantly increased the number of laboratory hazard assessments undertaken. We also increased project safety reviews and the number of permits-to-work issued to ensure that clear instructions on hazard identification and safety protocols were communicated to employees and contractors.

To raise awareness about safety, we conducted 30 campaigns during the year, including World Environment Day, World No Tobacco Day and Chemical Disaster Prevention Day. Our employees are introduced to safety on site during their induction and receive further specialist training which is relevant to the equipment that they use and the environment they work in. We also conduct an Environment, Health and Safety induction for all our contractors using our in-house kiosks and organize weekly safety meetings and skit programs to enhance their safety knowledge.

Waste segregation system at Biocon Park, Bangalore

Process Safety Management initiatives have been implemented for equipment handling and maintenance and targeted initiatives have been set up to counter potential fire and explosion risks.

Employee health and well-being

The Occupational Health Center (OHC) located on each campus provides round-the-clock care and first aid for injuries. In addition, the Company offers annual health check-ups and health insurance to ensure access to healthcare for employees.

Our employees participated in several health and fitness activities during the year, including a month-long Stepathon challenge in Hyderabad where 13 teams with 130 participants collectively walked 420 Mn steps to celebrate National Walking Day. A week-long SANKALP initiative was organized to create awareness about health and hygiene through various events and activities. A poster art competition was conducted to emphasize the importance of daily health routines and a positive work environment. To promote menstrual health and well-being, an OHC doctor led an awareness session for all female employees and support staff.

Awards

Best Overall Sustainable Performance Award

We received the prestigious ‘Best Overall Sustainable Performance’ award in the pharmaceutical sector at the India Sustainability Conclave & Awards-2023, in recognition of our commitment to sustainability.

Syngene was conferred the Confederation of India Industry award for ‘Best Energy Efficient Case Study’ and declared the second runners up in ‘Best Application & Uses of Renewable Energy’

Silver award for Environmental Excellence

Syngene was awarded ‘Silver Award in the Environmental Excellence’ category at the seventh annual HSE Strategy Summit and Awards-2024, organized by Inventicon. This recognition underscores our dedication to prioritizing environmental responsibility and making meaningful contributions towards building a more sustainable future.’

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Board's Report
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Standalone Financial Statements
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Corporate Governance Report
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Consolidated Financial Statements
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Business Responsibility and Sustainability Report
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Glossary
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Management Discussion and Analysis
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AGM Notice
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Corporate Information
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