Wockhardt files Business Responsibility and Sustainability Report for FY26
Wockhardt Limited filed its Business Responsibility and Sustainability Report for FY26, reporting a 19% drop in Scope 2 emissions and a 5.9% reduction in non-renewable energy use. The company, which exports 56.86% of its turnover, received reasonable assurance from SGS India for its BRSR Core data. The report also details a GST penalty of ₹28.07 lakh and improvements in waste management.
*this image is generated using AI for illustrative purposes only.
Wockhardt Limited has submitted its Business Responsibility and Sustainability Report for the financial year ended March 31, 2026, to the stock exchanges. The filing, made pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details the company's environmental, social, and governance (ESG) performance. SGS India Private Limited provided reasonable assurance for the BRSR Core parameters in accordance with the ISAE 3000 (revised) standard.
The report highlights a reduction in non-renewable energy consumption by approximately 5.9%, decreasing from 340,999.21 GJ to 320,753.11 GJ during the year. Additionally, Scope 2 emissions fell by roughly 19% to 49,637.06 tCO₂e from 61,310.66 tCO₂e in the previous year. The company also reported improvements in energy intensity, which enhanced by 19% on a PPP-adjusted basis, and a significant reduction in SOx emissions by 48%.
Operational and Employee Metrics
Wockhardt's operations span 10 locations nationally and 21 internationally, with exports contributing 56.86% to the total turnover. The company reported a total workforce of 4,084, comprising 3,603 employees and 481 workers. The Board of Directors includes 9 members, with female representation at 22.22%, while Key Management Personnel have 25% female representation.
The company recorded a penalty of ₹28,07,984 from the Superintendent, Central GST Range-11, regarding a demand raised for FY 2019-20. An appeal has been filed with the GST Appellate Authority against this order.
Environmental Performance
Wockhardt maintained 100% recycling of e-waste and battery waste through authorized recyclers. Non-hazardous waste generation decreased by approximately 66.8% to 1,837.31 metric tonnes. The company implemented Zero Liquid Discharge (ZLD) at its Shendra factory and R&D units in Chhatrapati Sambhajinagar and Daman, treating wastewater for reuse in gardening.
| Parameter | FY 2025-26 | FY 2024-25 |
|---|---|---|
| Total energy consumed (GJ) | 504,887.29 | 494,858.56 |
| Total Scope 1 emissions (tCO₂e) | 10,430.89 | 8,738.84 |
| Total Scope 2 emissions (tCO₂e) | 49,637.06 | 61,310.66 |
| Total water consumption (kL) | 406,722 | 404,733.8 |
| Total waste generated (metric tonnes) | 1,931.45 | 5,580.86 |
Governance and Disclosures
The Corporate Social Responsibility Committee of the Board oversees matters related to Environmental, Social, and Governance. The report confirms that the company has policies covering all nine principles of the National Guidelines on Responsible Business Conduct (NGRBC). Wockhardt also disclosed that it has no operations in ecologically sensitive areas and is compliant with applicable environmental laws.
Historical Stock Returns for Wockhardt
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -0.63% | -2.14% | -8.15% | +35.96% | +8.09% | +264.66% |
How will Wockhardt sustain the 19% reduction in Scope 2 emissions as production scales up?
What are the capital expenditure plans to extend Zero Liquid Discharge technology to remaining manufacturing sites?
Will the company set specific targets to increase female representation beyond the current 22.22% on the Board?
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