Indegene files BRSR for FY26 with SBTi-validated targets
Indegene Limited filed its Business Responsibility and Sustainability Report for FY 2025-26, reporting a 98.47% export contribution and validating SBTi targets to reduce Scope 1 and 2 emissions by 33.6% by FY 2028. The company achieved a 20.63% reduction in Scope 1 and 2 emissions and a 68.68% reduction in Scope 3 emissions against the baseline, with 65.3% of electricity in India sourced from renewables. The report details a workforce of 5,167 employees, a voluntary attrition rate of 16.35%, and related party sales constituting 86.80% of total sales.
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Indegene Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing key operational and environmental metrics. The tech-native life sciences specialist reported that exports contributed 98.47% to its total turnover for the year, a marginal increase from 98.27% in the previous fiscal year. The company operates across 58 international locations and serves clients in the biopharmaceutical, emerging biotech, and medical devices segments.
Environmental Performance and Targets
The company has validated its emission reduction targets with the Science Based Targets initiative (SBTi). Indegene commits to reducing absolute Scope 1 and 2 GHG emissions by 33.6% by FY 2028, using FY 2023 as the base year. Additionally, it aims to reduce absolute Scope 3 GHG emissions by 20.0% within the same timeframe. According to the report, the company has achieved a 20.63% reduction in Scope 1 and 2 emissions and a 68.68% reduction in Scope 3 emissions against the baseline.
In its India operations, 65.3% of electricity consumption now comes from renewable sources. The company reported that 69% of waste is recycled and 42.26% of office water is reused. The total energy consumed during FY 2025-26 was 4,209.67 GJ, with an energy intensity of 0.00000034 per rupee of turnover.
Governance and Oversight
The report outlines the governance structure overseeing sustainability initiatives. Suhas Prabhu, Chief Financial Officer, is identified as the highest authority responsible for implementation and oversight. An ESG Core Team monitors environmental and sustainability programmes, reporting periodically to the Risk Management Committee of the Board. The Risk Management Committee reviews the National Guidelines on Responsible Business Conduct (NGRBCs) on a half-yearly basis.
Social and Employee Metrics
As of March 31, 2026, the company had a total workforce of 5,167 employees, comprising 4,679 permanent employees and 488 other than permanent employees. Women accounted for 43.93% of the total workforce. The company reported a voluntary attrition rate of 16.35% for permanent employees. The cost incurred on well-being measures was 2.63% of the total revenue.
The report details that 100% of permanent employees are covered by health and accident insurance. The company received one complaint under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, during the year, which was upheld.
Financial and Operational Disclosures
The BRSR includes disclosures on related party transactions and financial health. Sales to related parties constituted 86.80% of total sales, while purchases from related parties were 0.91% of total purchases. The company reported a turnover of ₹12,206 Mn and a net worth of ₹20,804 Mn. The number of days of accounts payable stood at 26 days for FY 2025-26, compared to 18 days in the previous year.
Key Environmental Metrics FY 2025-26
| Parameter | Unit | FY 2025-26 | FY 2024-25 |
|---|---|---|---|
| Total Scope 1 Emissions | metric tonnes CO2e | 1.33 | 197.03 |
| Total Scope 2 Emissions | metric tonnes CO2e | 148.73 | 273.14 |
| Total Energy Consumed | GJ | 4,209.67 | 4,155.29 |
| Total Water Withdrawal | kilolitres | 3,843.82 | 2,638.04 |
| Total Waste Generated | metric tonnes | 191.29 | 18.01 |
The independent assurance for the BRSR core indicators was carried out by TÜV SÜD South Asia Pvt. Ltd., providing reasonable assurance as per ISAE 3000.
Historical Stock Returns for Indegene
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.70% | +4.33% | -0.42% | +9.66% | -6.22% | -9.84% |
How will Indegene manage the rising water withdrawal and waste generation trends to meet its long-term sustainability goals?
What specific strategies will be employed to further reduce Scope 3 emissions given the already significant 68.68% reduction?
Will the company look to diversify its client base to reduce reliance on related party transactions, which currently account for 86.80% of total sales?
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