Natco Pharma released its Sustainability Report highlighting a dedication to environmental stewardship and community well-being. The report outlines goals for increasing renewable energy use to 35% by 2035 and achieving carbon neutrality by 2050. It also details water conservation efforts, community support through the Natco Trust, and inclusion initiatives. The company showcases various projects aimed at sustainable operations and responsible growth.
Sustainability Report 2024-25
Natco Pharma Limited released its Sustainability Report, emphasising responsible growth. Key initiatives and future targets from the report include:
- Increasing renewable energy to 35% by 2035.
- Achieving carbon neutrality by 2050.
- Enhancing water stewardship and responsible waste management.
- Community support through the NATCO Trust.
Environmental Initiatives
The company reported that 25% of its electricity consumption came from renewable sources and has set clear targets to increase the share of renewable energy. NATCO has also implemented water conservation systems and is working towards minimising hazardous waste disposal.
Social Commitment
NATCO focuses on sustaining communities with a commitment to inclusive health systems. NATCO strives to empower employees and strengthen communities. They reported an employee retention rate of 85.73%. Initiatives included: comprehensive healthcare programmes, workplace safety measures and work-life balance initiatives.
Innovation and Financials
An R&D spend of ₹3,733 million demonstrates a focus on innovation. NATCO holds 325 international patents and 115 Indian patents.
Source: BSE
