FINANCE

Farmson Partners with Schneider Electric to Champion ESG and Decarbonisation Goals

Mumbai: Farmson Basic Drugs Pvt. Ltd., a key manufacturer in India’s pharmaceutical sector, has partnered with Schneider Electric, the global leader in digital transformation of energy management and automation, to drive a comprehensive sustainability transformation initiative. This collaboration, part of Schneider Electric’s flagship Green Yodha initiative, aims to embed sustainability deeply into Farmson’s operations through strategic consulting and digital solutions.

The partnership focuses on building a robust ESG roadmap and science-based decarbonisation strategy for Farmson. Schneider Electric will deliver its end-to-end Sustainability Business offerings, helping Farmson define and execute a clear path toward environmental excellence. The initiative includes:

  • Strategizing: Building a comprehensive inventory of Scope 1, 2, and 3 GHG emissions, developing science-based decarbonisation targets, and supporting CDP Climate Change reporting.
  • Digitizing: Implementing Resource Advisor, a digital sustainability platform, to track and monitor key environmental indicators such as energy, water, and emissions.
  • Decarbonising: Conducting energy and water maturity assessments, identifying practical actions for reducing emissions, energy use, and water consumption, and supporting Scope 2 decarbonisation through increased renewable energy use.

Deepak Sharma, Zone President – Greater India, MD & CEO, Schneider Electric India, said, “At Schneider Electric, we are committed to empowering industries with practical, data-driven pathways to decarbonisation and sustainability. Through this collaboration, we are bringing our global expertise in climate strategy and digital transformation to help Farmson turn its sustainability ambitions into measurable action.”

Vinit Menon, CEO, Farmson, added, “As a manufacturer in a resource-intensive industry, we recognize the urgent need to operate more responsibly. Schneider Electric brings a structured and actionable approach to a complex challenge. This partnership gives us the visibility, tools, and expertise we need to take real steps toward reducing our emissions, optimizing energy and water usage, and aligning with global sustainability benchmarks.”

The partnership aims to deliver tangible outcomes that support growth, resilience, and long-term value creation for Farmson. By embedding sustainability into its operations, Farmson can reduce its environmental footprint, optimize energy and water usage, and align with global sustainability benchmarks.

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