The Sustainable Development Goals (SDGs), otherwise known as the Global Goals, are a universal call to action to end poverty, protect the planet and ensure that all people enjoy peace and prosperity. These 17 Goals build on the successes of the Millennium Development Goals while including new areas such as climate change, economic inequality, innovation, sustainable consumption, peace and justice, among other priorities. The goals are interconnected – often the key to success on one will involve tackling issues more commonly associated with another.
Jubilant embeds sustainability in its business strategy to deliver substantial stakeholder value through various sustainability endeavours in the field of environment and social development.
At Jubilant Pharmova, we have sustainability targets 2029 which are inspired by our company policies, United Nations Sustainable Development Goals (SDGs), Science-based targets, India's Intended Nationally Determined Contribution (UN Paris Agreement), NITI Aayog etc.
To achieve the Sustainability Goals 2029, a comprehensive sustainability strategy has also been devised with a focus on the implementation of global standards, culture building and effective governance.
Below tables delineates our latest 2029 quantitative targets set based on qualitative objectives committed in different ESG (environment, social & governance) policies of the company. The tables below clearly articulate baseline and target years, quantitative targets to be achieved and these are realistic and to the Company activities.
A. Environment, climate change & Labor practice related company goals & targets
https://jubilantpharmova.com/sustainability/sustainability-report.
A. Environment, climate change & Labor practice related company goals & targets
| S. No. |
United Nations Sustainable Development (SDG) Goals
|
Our Goals |
Baseline |
Baseline Year |
Targets |
Target Year |
| 1 |
Goal 7: Ensure access to affordable, reliable,
sustainable and modern energy for all
|
% Renewable in Purchased Power
UoM: in % of total power purchased
|
11.92 |
2024 |
46.38 |
2029 |
| 2 |
Goal 13: Take urgent action to combat climate
change and its impacts
|
Reduce the specific GHG emission*
UoM: tCO2e/ Cr INR
|
12.53 |
2024 |
10.44 |
2029 |
| 3 |
Goal 13: Take urgent action to combat climate
change and its impacts
|
Scope 1 intensity excluding Biogenic
UoM: tCO2e/ Cr INR (Scope 1)
|
1.51 |
2024 |
1.26 |
2029 |
| 4 |
Goal 13: Take urgent action to combat climate
change and its impacts
|
Scope 2 intensity excluding Biogenic
UoM: tCO2e/ Cr INR (Scope 2)
|
11.02 |
2024 |
9.19 |
2029 |
| 5 |
Goal 6: Ensure availability and sustainable
management of water and sanitation for all
|
Reduce specific water consumption
UoM: m3/ Cr INR*
|
92.74 |
2024 |
82.71 |
2029 |
| 6 |
Goal 15: Protect, restore and promote sustainable
use of terrestrial ecosystems, sustainably manage
forests, combat desertification, and halt and
reverse land degradation and halt biodiversity loss
|
Reduce hazardous waste disposal through land filling
UOM: in % of total Haz. waste disposed
|
23.83 |
2024 |
23.67 |
2029 |
| 7 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Reduced Lost Time Injury Frequency Rate (LTIFR)
UoM: No of incidents * 10^6 / Total Man-hrs worked
|
0.44 |
2024 |
1.43 |
2029 |
| 8 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Fatalities
UoM: Nos.
|
0 |
2024 |
0 |
2029 |
| 9 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Reduce fire (major) incidents
UoM: Nos.
|
0 |
2024 |
0 |
2029 |
| 10 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Improve skill and knowledge of employees by
imparting training
UoM: Training Man-days per employee per year
|
8 |
2024 |
7.4 |
2029 |
| 11 |
Goal 17: Strengthen the means of implementation
and revitalise the global partnership for
sustainable development
|
Strategic/ Critical supplier's sustainability
Assessment
UOM: % of total critical/ strategic suppliers identified
|
0 |
2024 |
100 |
2029 |
To attain a comprehensive sustainable business model, the Company has not only emphasized upon its own sustainability performance but also extended its hands to its partners, our suppliers in particular. The company has prepared and implemented our supplier’s sustainability policy which has clearly articulated objectives and quantitative targets for our suppliers. Below are the set targets involving our supplier sustainability:
B. Human Rights & other social issues related goals & Targets:
| S. No. |
United Nations Sustainable Development (SDG) Goals
|
Our Goals |
Baseline |
Baseline Year |
Targets |
Target Year |
| 1 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Cases of child labour
|
0 |
2024 |
0 |
2029 & beyond |
| 2 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Cases of Forced labour
|
0 |
2024 |
0 |
2029 & beyond |
| 3 |
Goal 9: Build resilient infrastructure, promote
inclusive and sustainable industrialisation and
foster innovation
|
Cases of discrimination and Harassment
|
0 |
2024 |
0 |
2029 & beyond |
| 4 |
Goal 9: Build resilient infrastructure, promote
inclusive and sustainable industrialisation and
foster innovation
|
Cases of sexual harassment
|
2 |
2024 |
0 |
2029 & beyond |
| 5 |
Goal 16: Promote peaceful and inclusive societies
for sustainable development, provide access to
justice for all and build effective, accountable
and inclusive institutions at all levels
|
Cases of human trafficking
|
0 |
2024 |
0 |
2029 & beyond |
| 6 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Cases of bribery, corruption & fraud
|
0 |
2024 |
0 |
2029 & beyond |
| 7 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Cases of conflict of interest
|
0 |
2024 |
0 |
2029 & beyond |
| 8 |
Goal 8: Promote sustained, inclusive and
sustainable economic growth, full and productive
employment and decent work for all
|
Cases of money laundering
|
0 |
2024 |
0 |
2029 & beyond |
C. Supply chain sustainability related goals & Targets:
| S. No. |
United Nations Sustainable Development (SDG) Goals
|
Our Goals |
Baseline |
Baseline Year |
Targets |
Target Year |
| 1 |
Goal 17: Strengthen the means of implementation
and revitalise the global partnership for
sustainable development
|
Strategic / critical supplier’s sustainability /
ESG risk assessment.
UoM: % of critical/ strategic suppliers assessed
|
0 |
2024 |
100 |
2029 |
| 2 |
Goal 17: Strengthen the means of implementation
and revitalise the global partnership for
sustainable development
|
Capacity building of suppliers on sustainability /
ESG risks,
UoM: % of strategic/ critical suppliers to be engaged
|
0 |
2024 |
100 |
2029 |
| 3 |
Goal 17: Strengthen the means of implementation
and revitalise the global partnership for
sustainable development
|
Conduct sustainability / ESG training of buyers /
procurement team members,
UoM: % of buyer procurement team members to be trained
|
0 |
2024 |
100 |
2029 |
All above mentioned ESG goals & targets are monitored regularly and records maintained. Regular internal and external review & audits of performance made against above targets are conducted. Performance against set targets are disclosed in our sustainability report post third party assurance. At present we are working upon SBTi based absolute GHG emission cum Net zero target and will disclose along with above targets soon.