ESG Challenges in the Pharmaceutical Industry: Indoco Remedies

Company Overview: Indoco Remedies Limited is a Mumbai-based pharmaceutical company founded in 1947 with a focus on diverse therapeutic sectors.ESG Reporting Challenges: Indoco encountered obstacles in decentralized data management, missing classifications, and data validation for ESG reporting.Solutions: Partnering with Oren, Indoco produced a comprehensive Business Responsibility and Sustainability Report (BRSR), automating ESG data management.Outcome: Indoco's inaugural BRSR aligns with SEBI's mandates, showcasing its commitment to sustainability in the pharmaceutical industry.Oren's Role: Oren facilitated Indoco's ESG reporting journey, offering maturity assessments and policy solutions.