Alkem Laboratories Ltd. has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. The report details the company’s commitment to environmental, social, and governance (ESG) principles. It highlights initiatives in areas such as ethical conduct, environmental stewardship, employee well-being, and stakeholder engagement, underscoring Alkem’s dedication to sustainable and responsible business practices.
Alkem Laboratories Ltd. Submits Annual Sustainability Report
Alkem Laboratories Ltd. has officially filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ending March 31, 2026. This comprehensive report, submitted in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines the company’s performance and initiatives related to environmental, social, and governance (ESG) aspects. The BRSR is also available on the company’s website, demonstrating Alkem’s commitment to transparency and stakeholder communication.
Key Disclosures in the BRSR Report
The report provides detailed disclosures across various ESG parameters. Section A, General Disclosure, includes information on the listed entity’s details, business activities, and operational footprint. Section II, Product/Services, details the company’s manufacturing and trading activities, with pharmaceutical and nutraceutical products contributing 100% of total turnover. Operations are spread across 12 manufacturing plants nationally and facilities internationally.
The employee section highlights a workforce of 17,744 employees and 5,642 workers. Differently-abled employees and workers are also detailed. The report emphasizes the company’s commitment to diversity and inclusion, with a focus on the representation of women across various levels, including the Board of Directors and Key Management Personnel.
Environmental and Social Commitments
Alkem’s commitment to environmental sustainability is evident through its initiatives in waste management, water conservation, and energy efficiency. The company reports significant efforts in reducing greenhouse gas emissions, with a target to reduce Scope 1 and Scope 2 emissions by 42% by FY 2033. Waste management practices include recycling 99% of non-hazardous waste. Water withdrawal for FY 2025-26 stands at 6,19,064 kilolitres, with a focus on water neutrality by FY 2030.
In line with Principle 5, the company is dedicated to promoting human rights, with mechanisms in place to address related grievances. The report also details its CSR initiatives, focusing on health, education, and community development, aiming to foster inclusive growth and equitable development.
Governance and Stakeholder Engagement
The company emphasizes strong governance structures, with a CSR and Sustainability Committee responsible for oversight. Alkem engages actively with its stakeholders, including customers, communities, employees, and investors, to understand and address their concerns. The report details the processes for identifying key stakeholder groups and the frequency of engagement, reinforcing Alkem’s commitment to responsible business conduct and transparency.
Source: BSE
