Reporting Framework and Standards

The Sustainability Report has been prepared in accordance with the Global Reporting Initiative (GRI) Universal Standards 2021, addressing all nine disclosure requirements under GRI 1: Foundation, GRI 2: General Disclosures and GRI 3: Material Topics. Disclosures are also aligned with the United Nations Sustainable Development Goals (UN SDGs).

Reporting Scope and Boundary

The report covers three business units: Piramal Pharma Solutions (PPS), Piramal Critical Care (PCC) and Piramal Consumer Healthcare (PCH), with development and manufacturing facilities across India, the United Kingdom and North America. The scope is consistent with PPL's consolidated annual financial statements.

Key Financial Figures (FY2026)

  • Revenue from operations: ₹8,869.08 Crore
  • Operating cost: ₹3,238.54 Crore
  • EBITDA: ₹1,134.92 Crore
  • Net profit/loss: (₹325.94) Crore
  • Interest payment: ₹296.35 Crore
  • Payment to government (taxes): ₹210.15 Crore
  • Employee wages and benefits: ₹2,415.92 Crore
  • CSR expenditure: ₹8.98 Crore

Business Performance Highlights

  • CDMO business (Piramal Pharma Solutions): ₹4,915 Crore (55% of total revenue)
  • Hospital Generics (Piramal Critical Care): ₹2,703 Crore (30% of total revenue)
  • Consumer Healthcare: ₹1,274 Crore (14% of total revenue)
  • Revenue from regulated markets: 66%

Environmental Performance Metrics

Climate Change and Energy

  • Scope 1 & 2 GHG emissions reduction: 22.6% compared to FY2022 baseline
  • Total Scope 1 emissions: 47,796 tCO₂e
  • Total Scope 2 emissions (location-based): 92,626 tCO₂e
  • Total Scope 2 emissions (market-based): 62,412 tCO₂e
  • Total Scope 3 emissions: 648,835 tCO₂e
  • Renewable energy consumption: 41% of total energy consumption
  • 50+ energy conservation measures implemented across sites
  • Science-Based Targets initiative (SBTi) approved decarbonization roadmap

Water Management

  • Total water consumed: 5,80,845 KL
  • Water recycled and reused: 2,33,947 KL (40%+ of total consumption)
  • Total water discharged: 3,44,418 KL
  • Rainwater harvested: 29,413 KL
  • Water saved during FY: 2,63,360 KL
  • 5 sites operating under Zero Liquid Discharge framework

Waste Management

  • 84% hazardous waste recycled, co-processed and recovered
  • 93% non-hazardous waste sent for recycling, composting and recovery
  • 65% of total waste managed was recycled
  • 25,569.03 MT waste diverted from disposal through recycling/reuse
  • 3,271.42 MT waste directed to disposal

Biodiversity

  • 30%+ of plot area across Indian sites maintained as green belt
  • 6,520 saplings planted with 90% survival rate
  • Target to plant 2,000 saplings in FY2027

Social Performance Metrics

Workforce Statistics

  • Permanent workforce: 6,617 employees
  • New hires: 1,493 (22.6% of total employees)
  • Employee turnover: 23% (voluntary attrition: 15%)
  • Women representation: 20.1% of total workforce
  • Women in management positions: 20.5%
  • Women in STEM-related positions: 21%
  • Women in senior leadership roles: 11.5%

Training and Development

  • Average hours of training per FTE: 11.35 hours
  • Average amount spent per FTE on training: ₹7,197
  • 100% employees completed mandatory training modules
  • 500+ employees participated in Functional Academies programmes

Health and Safety

  • Zero fatalities in last five years
  • Lost Time Injury Frequency Rate (Employees): 0.17
  • Lost Time Injury Frequency Rate (Workers): 0.54
  • Total reportable work-related injuries (Employees): 2
  • Total reportable work-related injuries (Workers): 4
  • Average safety training: 19.34 hours per employee annually
  • CAPA compliance rate: 95%

Customer Metrics

  • PPS Customer Satisfaction Score: 85%
  • PCC Customer Satisfaction Score: 87%
  • PPS Net Promoter Score: 60
  • PCC Net Promoter Score: 76
  • Zero data breaches reported
  • Zero marketing or labeling non-compliance incidents

Governance and Compliance

Board Composition

  • 10 Directors total
  • 50% Independent Directors
  • 30% women representation on Board
  • Average Board tenure: 3.52 years
  • Board meetings held: 6
  • Average attendance: 95%

Compliance and Ethics

  • 100% operations assessed for corruption-related risks
  • Zero corruption incidents reported
  • 3 discrimination/harassment cases reported and resolved
  • 100% workforce trained on Code of Conduct
  • 100% security personnel trained in human rights policies

External Assurance

Key sustainability disclosures have been independently assured by DNV Business Assurance India Pvt Ltd. The assurance statement is provided as an annexure to the report.

Material Topics Assessment

The report identifies 17 material topics through a Double Materiality Assessment approach based on EFRAG and GRI Standards principles. The assessment covered environmental, social, governance, and economic impacts and was approved by the Board.

Sustainability Framework

The company's sustainability strategy is built on four pillars with 12 focus areas:

1. Business Resilience (governance, compliance, risk management)

2. Quality and Excellence (innovation, product quality, operational excellence)

3. Responsible Operations (climate change, energy, water, waste)

4. Stakeholder Centricity (people, safety, customers, community)

Community Development

  • CSR investment: ₹8.98 Crore
  • Programs across 112 aspirational districts
  • 14.4 lakh+ lives reached through Aspirational Bharat Collaborative
  • 8.2 lakh+ beneficiaries through Piramal School of Leadership
  • Project Vardhana: Skilled 140 women in STEM-related skills

Forward-Looking Statement

The report includes forward-looking statements based on current assumptions and estimates, subject to known and unknown risks and uncertainties. The company does not undertake any obligation to update forward-looking statements.