Lupin
Pharmaceutical manufacturer
Founded in 1968, today Lupin is India's second largest pharmaceuticals company, and the 14th largest generic pharmaceutical company in the world. Products sold in 70 countries.

Overall

Owned IND
Rating D
About the Ratings
Lupin Ltd
IND

Company Assessment

(Last updated Aug 2024)
Lupin Ltd
Praise
CDP Climate Change score of B
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change score of B.
Source: CDP (2023)
Criticism
8.3% in Nature Benchmark
The Nature Benchmark ranks 816 companies across 20 industries on their efforts to protect our environment and its biodiversity. Companies were assessed in three phases between 2022 and 2024 using three measurement areas: governance and strategy; social inclusion and community impact; and ecosystems and biodiversity. This company was assessed in 2022 and is ranked #570/816, with a total score of 8.3/100.
5/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2022 and received a score of 5/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
Information
Anticompetitive behaviour
The European Commission imposed fines totalling 427.7m Euros on the French pharmaceutical company Servier and five producers of generic medicines, including Lupin Ltd, for concluding a series of deals aimed at protecting Servier's best selling blood pressure medicine, perindopril, from price competition by generics in the European Union. Lupin Ltd was fined 40m euros. [Listed under Information due to age of court finding]
Lupin Foundation
The Lupin Human Welfare & Research Foundation (LHWRF) was set up in 1988 with the stated mission "to provide an alternative model of rural development which is sustainable, replicable and ever evolving essentially empowering under privileged and marginalized sections of society and providing basic infrastructure and balanced ecological base to the villages."
CDP Water Security score of C
In 2023, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to manage and govern freshwater resources. Responding companies are scored on six key metrics: transparency; governance & strategy; measuring & monitoring; risk assessment; targets & goals; and value chain engagement. This company received a CDP Water Security score of C.
Source: CDP (2023)
46/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 46/100 in the Pharmaceuticals category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 18 Nov 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
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Company Details

Type:
Public company
Revenue:
1.7 billion USD (2013)
Employees:
12,984 (2014)
Subsidiaries:
Generic Health Pty Ltd (91% owned)
Pharmaceuticals supplier
Established in 2004. India's Lupin upped its stake to 57% in 2010, and 91% in 2013. Acquired the worldwide marketing rights to the over 100 year old Australian brand Goanna in 2011.

Contact Details

Address:
Mumbai, India
Website:
www.lupinworld.com

Products / Brands

Generic Health (91% owned)
Goanna Medicinal Oils
Goanna Topical Pain Relief