Sustainability Report of Dr Reddys

8/2/2019 Sustainability Report of Dr Reddys

http://slidepdf.com/reader/full/sustainability-report-of-dr-reddys 1/23



Dr. Reddy's Laboratories Ltd.

Type : Public

Industry : Pharmaceuticals

Founded : 1984 Headquarters : Hyderabad, Andhra Pradesh, India

Key people : Anji Reddy, Chairman

GV Prasad, CEO

Revenue : $2.5 billion (May 2009) Net income : $316 million (May 2009) Employees : 8,225



Quality by DesignPrinciples of the Theory of ConstraintsLeadership DevelopmentLean Manufacturing



Providing Affordable and InnovativeMedicines

Environmental Management andClimate Change

Sustainable Sourcing

Product Responsibility Being an Employer of Choice

Caring for Communities



Dr. Reddy's was listed amongst the Top 10generic companies in the US market – therebyrecognising our abilities to compete and thrive

in this important territory Affordable & Innovative Medicine-At Dr.

Reddy's, it is our constant endeavour to honeour competitive edge and provide access to

affordable and innovative medicines acrossthe globe. We think beyond set norms andoutside the box to unearth opportunities thatmeld affordability for people everywhere withrevenues for the organisation.



Increasing affordability and accessibilityaround the world, creating innovation-

driven businesses for long-term valuecreation and embracing the triplebottom-line approach to sustainability,define us. Throughout the year, a steady

stream of initiatives were undertaken



We recognise that to be a trulysustainable organisation, we must reach

beyond our boundaries and take our strategic business partners andcustomers along with us on thisjourney.Our key focus areas are:

Sustainable Business Partnerships

Sustainable Logistics

Conservation of Resources



SUSTAINABLE BUSINESSPARTNERSHIPS

Quality control

Compliance

Facility design

Safety and health

Risk analysis and remedial measures

SUSTAINABLE LOGISTICS

Set up supplier

facilities in the

vicinity of our

operations

Import-routing

optimisation



CONSERVATION OFRESOURCES

Inventorymanagement -replenish toconsumption

Moving towards apaperless organisation

Reduce and reuse

Green Packaging

Previously, BOPPlamination was usedon product cartonsthat were exported.This has now beenreplaced withAqueous varnish or UVvarnish which is moreenvironment friendly.Additionally, the newcartons have reducedthe usage of plastic



Compliance is ourcornerstone. Everyemployee is

encouraged to be anenvironment custodianand strategic initiativeslike Green Chemistryhave been championedby individuals.



At Dr. Reddy's, we recognise the importance ofa clean environment and it is our constantendeavour to go beyond regulatorycompliance to contribute to it. As wecontinually seek new and more effective waysof minimising our impact on the environment,

In FY 2009-10, our expenditure on andinvestment in environmental protection

amounted to INR 17.02 million. As in previousyears, we continued to build on our greeninitiatives by adopting new ones like theindustry Green Rating initiative and givingtraction to ongoing ones.



Installation of Air Cooled Chillers

Initiation of Water Balancing

Introduction of Water Recycling at FTO-1 Modification of ETPs for Better Efficiency

Online Monitoring Systems for Boilers



This year, the total quantity of hazardouswaste disposed was 13,045 tons, a

significant reduction of 37% over FY2008-09.

This decline was on account of a largeproportion of hazardous waste beingupcycled to cement companies as analternative fuel.



At Dr. Reddy's, refining our processes tominimise the impact on the environmentranks high on our list of priorities. Our effortsare focused on being more eco-efficientand reducing our existing carbon footprint.

The increase in absolute GHG emissions for FY 2009-10 was on account of theexpansion of our FTO 3 and FTO 6 units.

The increased fuel usage due to power

outages also contributed to the rise inemissions. The silver lining to the emissioncloud was that the rate of increase hascome down from 17% last year to 11% thisyear.



Selection of the Right Route- Follow a processefficiency matrix that allows us to zero in on the right

atom efficiency by comparing various factors

Screening of Reaction- Decide the best solvent,

the best catalyst and the best reagents for the reaction

Optimisation of Process- Achieve a minimum 90%

yield

Efficient Scale-up- Currently the pharmaceutical

industry produces 50 kg of waste for one kilogramof product. At Dr. Reddy's, we are in the process ofsetting an industry benchmark of cutting thewastage down to 20-25 kg per kilogram of product



Quality Management- Corrective andPreventive Action

Critical Process and C ReviewsQuality by Design



Regardless of age, gender, rank and status - eachemployee at Dr. Reddy’s has a voice which is heardand is empowered to take healthy risks and grow not

just as a professional but also as an individual.

Talent Management- At Dr. Reddy's, the 'One Team'concept is long prescribed in our work culture and isan active ingredient of our talent managementformula. By going beyond hierarchy, we are buildingbonds with each of our employees - right from themanagement board to the machine operator.Together they are challenging the status quo, raisingthe bar and performing beyond potential.



To ensure proper health, safety andworkplace rights we have adopted a

proactive approach to workplacecompliance. We conform to an array oflaws and regulations.



PATIENT CARE INITIATIVES-

Through Sparsh, we ensure that the

underprivileged patients identified byOncologists are treated free of cost.Since its inception in 2006 to 31st March,

2010, Sparsh has benefited 4,250patients, providing 3,500 treatmentcycles.

Health Camps



EDUCATIONAL INITIATIVES-

Power of 10- Every month, our

employees contribute INR 10 or multiplesof 10 to Naandi Foundation, a Non-ProfitOrganisation (NPO), which provideshealth and education facilities throughvarious programmes.



DISASTER RELIEF- Dr. Reddy's played anactive part in providing relief to the floodvictims of Andhra Pradesh, India. Health

camps were organised to provideimmediate health services to the needy.

Dr. Reddy's Foundation (DRF)-

DRF's livelihood programmes continued togain traction with higher enrolment, newcurriculum and more corporatepartnerships.

Skilling Rural India (SRI)



Dr. Reddy's Foundation for Health Education(DRFHE)-

Education Initiatives- Post Graduate Diploma

in Healthcare Management (PGDHM)Certificate Programme in Cancer Counseling

Training Initiatives-

Abhilasha-148 programmes were conducted

benefiting 3,800 nurses. Sarathi-60 programmes were conducted to

train1,474 doctor's assistants.



Empowerment beyond employment

Mentoring beyond preaching

Commitment beyond compliance Well-being beyond philanthropy

Best practices beyond old habits

Invention beyond convention Listening beyond hearing

Excellence beyond competition

Sustainability Report of Dr Reddys

Documents

Transcript of Sustainability Report of Dr Reddys