Mumbai, February 19, 2025: Global pharma major Lupin Limited (Lupin) today announced that it has received an “A-” leadership rating from CDP for its outstanding performance in climate change and water security. This rating reflects Lupin’s leadership in environmental transparency and performance and underscores the strategic and systematic efforts in its sustainability journey.
CDP is a global non-profit that runs the world’s only independent environmental disclosure system for companies to manage their environmental impact. As the founder of environmental reporting, CDP believes in transparency and the power of data to drive change.
Commenting on this achievement, Ramesh Swaminathan, Executive Director, Global CFO and Head – API Plus SBU, Lupin said, “We are delighted to be recognized by CDP as a leader in corporate sustainability. This recognition underscores our commitment to addressing global environmental challenges through measurable action. We consider CDP scores as a critical aspect in advancing our efforts towards sustainability. Lupin will continue to lead by example, setting new standards and adopting best sustainable practices to serve our communities.”
Lupin’s sustainability framework is integral to its business operations, prioritizing environmental stewardship, employee well-being, supply chain sustainability, and patient-centric innovation. By integrating these principles, Lupin is paving the way for a sustainable and equitable future. The 2024 CDP scores of “A-” with regard to Climate and Water, mark a significant development from last year’s “B” rating in Climate, and “C” rating in Water.
Lupin has demonstrated significant progress in reducing its carbon footprint through various initiatives. The company has implemented energy-efficient technologies and increased the use of renewable energy sources across its operations. These efforts have not only reduced greenhouse gas emissions but also set a benchmark for the pharmaceutical industry in terms of environmental responsibility.
Water security is a critical aspect of Lupin’s sustainability strategy. The company has adopted comprehensive water management practices, including water recycling and conservation measures. By optimizing water usage and reducing wastage, Lupin ensures the sustainable use of this vital resource, contributing to the overall health of ecosystems and communities.
As Lupin moves forward, it will continue to leverage advanced technologies and forge strategic partnerships to drive continuous improvement and achieve its long-term sustainability objectives.
Earlier this year, Lupin’s S&P Global ESG scores moved to 76 from 69 last year, above the industry average of 30 in the pharmaceuticals sector.
About Lupin
Lupin Limited is a global pharmaceutical leader headquartered in Mumbai, India, with products distributed in over 100 markets. Lupin specializes in pharmaceutical products, including branded and generic formulations, complex generics, biotechnology products, and active pharmaceutical ingredients. Trusted by healthcare professionals and consumers globally, the company enjoys a strong position in India and the U.S. across multiple therapy areas, including respiratory, cardiovascular, anti-diabetic, anti-infective, gastrointestinal, central nervous system, and women’s health. Lupin has 15 state-of-the-art manufacturing sites and 7 research centers globally, along with a dedicated workforce of over 23,000 professionals. Lupin is committed to improving patient health outcomes through its subsidiaries – Lupin Diagnostics, Lupin Digital Health, and Lupin Manufacturing Solutions.
To know more, visit www.lupin.com or follow us on LinkedIn https://www.linkedin.com/company/lupin
For further information or queries, please contact:
Rajalakshmi Azariah
Vice President & Global Head – Corporate Communications, Lupin
rajalakshmiazariah@lupin.com
About CDP
CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 740 financial institutions with over $136 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Over 24000 companies around the world disclosed data through CDP in 2023, with more than 23000 companies – including listed companies worth two thirds global market capitalization – and over 1100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net-Zero Asset Managers initiative. Visit cdp.net or follow us @CDP to find out more.