At Mankind Pharma, our commitment to sustainability and ethical business practices extends beyond our operations—it influences every link in our value chain. By conducting robust Environmental, Social, and Governance (ESG) assessments of our suppliers, we ensure that our partnerships reflect our values of workplace safety, environmental stewardship, and social responsibility.

Driving Accountability Through ESG Assessments

In the Financial Year 2024, we assessed 57% of our critical suppliers on ESG parameters. This initiative marks a significant step in aligning our supply chain with global sustainability standards and mitigating risks associated with non-compliance.

Our goals include:

• Integrating 100% of our significant value chain partners under the ESG assessment framework.
• Promoting transparency and accountability across our supplier network.
• Ensuring suppliers actively contribute to our sustainability objectives.

Why ESG Assessments Matter

• Mitigating Risks:
  ESG assessments allow us to proactively identify and address potential risks, including non-compliance with environmental laws, workplace safety violations, and ethical concerns.
• Enhancing Compliance:
  By aligning suppliers with ESG best practices, we strengthen regulatory compliance and safeguard the integrity of our operations.
• Fostering Sustainability:
  Collaborating with suppliers committed to ESG values helps us achieve long-term sustainability goals, including carbon neutrality, waste reduction, and social impact initiatives.
• Strengthening Relationships:
  ESG assessments enable us to build stronger, more transparent relationships with suppliers, fostering trust and mutual growth.

A Collaborative Approach to Sustainability

Our supplier ESG assessments are not just about compliance; they’re about building partnerships that drive shared value. By working closely with our suppliers, we:

• Support Capability Building: Offering resources and guidance to help suppliers enhance their ESG performance.
• Encourage Innovation: Collaborating on sustainable practices and innovative solutions that benefit the entire value chain.
• Promote Ethical Practices: Upholding the highest standards of integrity, fairness, and respect for human rights across the supply chain.

Looking Ahead

Our aspiration to integrate 100% of our significant suppliers under ESG assessments reflects a forward-thinking strategy to drive sustainable growth while meeting the expectations of stakeholders. Key priorities for the future include:

• Expanding ESG assessments to cover all critical and non-critical suppliers.
• Developing metrics to measure and track supplier progress on ESG parameters.
• Establishing a supplier recognition program to reward partners who excel in ESG practices.

Building a Resilient Supply Chain

By strengthening our suppliers through ESG assessments, we are building a responsible and resilient supply chain that supports Mankind Pharma’s overarching mission of sustainable growth. Together with our partners, we are shaping a future where sustainability, ethics, and innovation define our collective success.