Global Health Limited (MEDANTA) has released its Business Responsibility and Sustainability Report for the financial year 2024-25, in compliance with Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report highlights the company's initiatives and performance across nine principles of responsible business conduct.
The report includes general disclosures, management and process disclosures, and principle-wise performance disclosures, covering various aspects of environmental, social, and governance (ESG) factors. The company's operations include six hospitals (five operational and one under construction), eight clinics, ten Medanta Laboratories, and seven pharmacies.
Stakeholder Engagement: Medanta engages with key stakeholders, including patients, employees, shareholders, and the local community, through various channels such as meetings, emails, and community programs.
Employee Well-being: The company provides health insurance, accident insurance, maternity and paternity benefits, and day care facilities to its employees.
Environmental Responsibility: Medanta focuses on reducing its environmental footprint through energy and water management, waste management, and emission control.
Human Rights: The company is committed to respecting and promoting human rights, with training programs and grievance redressal mechanisms in place.
CSR Activities: Medanta undertakes CSR projects in healthcare, education, and community development, benefiting a large number of people.
Key Performance Indicators:
Key Sustainability Indicators
Attribute
FY 2024-25
FY 2023-24
Total Energy Consumption (GJ)
322,531.7
282,842
Renewable Energy Consumption (GJ)
21,617
1,334
Total Water Consumption (Kilolitres)
535,991
556,689
Scope 1 Emissions (TCO2e)
5,352.6
6,748
Scope 2 Emissions (TCO2e)
45,915.3
39,413
Plastic Waste Generated (Metric Tonnes)
34.99
8.53
E-Waste Generated (Metric Tonnes)
4.15
2.51
Bio-Medical Waste Generated (Metric Tonnes)
1,327.85
1,257.71
Principle-Wise Performance:
Principle 1: Ethical, Transparent, and Accountable Governance
Medanta's Anti-Bribery and Ethics Policy, adopted in January 2016 and modified in January 2025, mandates adherence to anti-bribery and sanctions laws.
Principle 2: Sustainable and Safe Goods and Services
The company adheres to state pollution control board guidelines and Bio-Medical Waste Management Rules 2016 for safe waste handling and disposal.
Principle 3: Employee Well-being
Medanta provides comprehensive health and safety training to its employees, with 93% coverage for employees other than the Board of Directors and Key Managerial Personnel.
Principle 4: Stakeholder Interests
The company engages with stakeholders through various channels, including websites, meetings, and community programs.
Principle 5: Human Rights
Medanta ensures that 100% of its employees receive training on human rights issues and policies.
Principle 6: Environmental Protection
The company focuses on reducing energy consumption and emissions, with initiatives such as the use of renewable energy sources and waste management practices.
Principle 7: Responsible Public Policy Influence
Medanta is committed to responsible and transparent engagement in influencing public and regulatory policy.
Principle 8: Inclusive Growth and Equitable Development
The company promotes inclusive growth through CSR projects and preferential procurement from MSMEs.
Principle 9: Responsible Consumer Engagement
Medanta has mechanisms in place to receive and respond to consumer complaints and feedback, with a focus on data privacy and cybersecurity.
The report also includes an independent practitioner’s reasonable assurance report by Walker Chandiok & Co LLP, confirming that the Identified Sustainability Information is prepared in all material respects in accordance with the criteria.
The company's waste management strategy is comprehensive and multifaceted, encompassing several key areas.
