Human
Capital

People at the heart of our purpose

At Lupin, our people are more than professionals — they are catalysts who bring our purpose to life. Access to quality healthcare begins with empowered talent. With a global diverse team united by the shared purpose of catalyzing treatments that transform hope into healing, we strive to make meaningful impact every day.

This belief shapes everything we do — from how we attract and nurture talent, to how we build inclusive leadership and prioritize employee wellbeing. In FY25, we deepened this commitment by anchoring our human capital strategy around three core pillars: capability-building through strategic learning, culture-building through inclusive leadership, and care-building through holistic well-being. Together, these drive a workplace where individuals thrive — and through them, patients everywhere benefit.

24,000+ 

Competent Permanent Workforce

10.4%

Women in Permanent Workforce

1,253,456

Total Hours spent on Training and Development

INR 289 Mn+

Total Investment made for Training and Development

Material Topics 

Human Capital
Development
Employee Health
and Safety
Protection of
Human Rights

Our Global Workforce

At Lupin, our people are the energy behind every breakthrough we achieve, and the trust behind every product we deliver. With a permanent workforce of over 24,000 individuals across functions and countries, we are as diverse as the communities that we serve.

This diversity is intentional and is fundamental to our core. It strengthens our ability to understand patient needs, navigate global complexity, and operate with agility. From manufacturing floors in India to research labs across continents, every Lupinytt brings their own experience to a shared mission: expanding access to quality healthcare.

We continue to build and foster a culture where every voice matters, every contribution counts, and every individual feels empowered to lead with confidence. We are proud that this stands testimony to all the success we have witnessed.

Workforce - Global FY25
Category Male Female Total
Employees (Permanent) 20,354 2,381 22,735
Workers (Permanent) 1,153 118 1,271
Total Permanent 21,507 2,499 24,006
Employees (Non-Permanent) 699 584 1,283
Workers (Non-Permanent) 720 201 921
Total Non-Permanent 1,419 785 2,204
Total Workforce (Permanent + Non-Permanent) 22,926 3,284 26,210

Talent Attraction and Retention

People make all the difference at Lupin. Every new hire, every internal move, every promotion reflects our belief that great companies are built by investing in people. Our approach to talent acquisition is both balanced and intentional: we bring in the right talent from outside while creating meaningful growth pathways for our people within.

Whether it’s through structured campus engagement, lateral hiring where expertise demands it through our referral platform Parichay, or nurturing internal movement through our internal job portal ‘Grow’, our focus is clear — find the best and make them better. For us, talent isn’t just recruited — it’s built, nurtured, and retained.

Our Commitment to Fair Hiring

Fairness in hiring is a responsibility. We are consciously embedding inclusive, bias-free practices into every stage of our hiring process. With a fully digitized recruitment platform integrated with our HR systems, our selection is now faster, smarter, and more equitable. Psychometric tools help us gauge potential, structured interviews ensure consistency, and technical assessments validate readiness. At the same time, every manager and recruiter is trained on bias mitigation, encouraging open conversations, and nurturing a culture where merit meets inclusion.

Our Talent Pipeline Initiatives

The Lupin Program for Interns (LPI)

A six-month immersion program designed for top-tier students from leading pharma and biotech institutions. LPI blends hands-on experience with real-time mentorship and opens doors for pre-placement offers.

The Genesis Program

A structured, one-year rotational program for graduate engineers, offering on-ground exposure across our manufacturing units. Genesis grooms early-career professionals for critical future roles, helping us build leadership from the ground up.

The Lupin Scholarship Program

financial support to high-potential students from partner universities while deepening future engagement with promising talent.

New Managers’ Program

A structured development program for newly promoted managers in manufacturing, R&D, and corporate functions. The initiative includes a foundational workshop at the Lupin Learning Centre in Lonavala, fostering cross-functional learning. Its effectiveness is measured via 360-degree feedback surveys before and after the program to assess behavioral growth and leadership impact.

Excellence in Supervisory Leadership Skills

This program aims to enhance executives’ supervisory skills at manufacturing sites. It covers eight organizational competencies through workshops, action learning projects, and assessments, ending with a project contest. The initiative aligns team performance with business goals and promotes effective leadership on the shop floor.

Parameter FY25
Global India
Total number of new employee hires 3,884 3,357
Percentage of open positions filled by internal candidates 12.47% 11.88%
Average hiring cost/FTE (INR) 204,370 94,804
Parameter FY25
Global India
Total employee turnover rate 17.19% 15.77%
Voluntary employee turnover rate 17.19% 15.77%
Data coverage (as % of all FTEs globally) 100% 100%

Creating a Welcoming Space at Lupin

Joining Lupin is beyond a regular job. It is about being a part of how we create impact and change, not just in isolation, but as a team. We understand that the first steps in a new organization shape everything that follows, which is why we have curated a welcoming experience grounded in empathy, clarity, and connection. Our flagship Udbhav Induction Program offers a rich, immersive introduction to Lupin’s heritage, values, expectations, and ecosystem, ensuring that every new Lupinytt feels aligned, informed, and ready to contribute with confidence. In FY25 alone, over 1,600 executives and managers began their Lupin journey through Udbhav. Further, our Buddy Program pairs every new joiner with an experienced colleague who can offer both guidance and human connection during those first few formative months. In FY25, we took this a step further, delivering specialized workshops to more than 200 buddies, equipping them to be more than guides: to be culture carriers. At Lupin, onboarding is more than a regular process — it’s a promise: that from day one, every individual is seen, supported, and set to thrive.

“I joined as a Buddy six years ago. During this journey, I got insights on practical strategies for team management and conflict resolution. The journey equipped me with the skills and knowledge to perform my duties with confidence. This experience will significantly impact my career trajectory.”

Digvijay Thakor, second runner-up, All India Buddy Contest.

Learning and Development

Ideas power progress, and our people power those ideas. In an era defined by rapid change and constant reinvention, our greatest competitive advantage lies in our ability to learn faster, adapt smarter, and grow stronger together. At Lupin, we have a wellestablished Learning and Development ecosystem. We are deeply committed to investing in our people’s growth, ensuring they’re equipped not just to meet the challenges of today, but to shape the possibilities of tomorrow. From digital fluency to leadership acumen, we are building a culture where learning is instinctive, continuous, and woven into the fabric of everyday work.

L.A.M.P. Program

Our flagship leadership development program, L.A.M.P. (Lead: Accelerate: Motivate: Perform), cultivates essential leadership competencies through a blended learning journey.

Developed in collaboration with the Indian Institute of Management (IIM), Nagpur, our six-month program blends academic excellence with practical application through campus modules, virtual masterclasses, live organizational projects, and immersive experiences. Campus modules are led by IIM faculty, complemented by masterclasses from industry subject matter experts and fireside chats with business leaders and eminent personalities. Participants undertake action-learning projects focused on real business challenges, with reviews by Lupin’s Executive Leadership Committee to ensure strategic alignment. Participants completed 18 Action Learning Projects (ALPs) focused on high-impact business challenges, providing valuable and tangible returns for Lupin including a 36% reduction in back orders, a procurement cost savings of USD 706,000 and a five-fold increase in patient and doctor outreach while reinforcing participant learning. It has also demonstrably improved cross-functional collaboration, fostered a culture of continuous learning and peer collaboration, and strengthened team bonds, building a sustainable leadership ecosystem. With 180 senior leaders graduating across four batches and a Net Promoter Score of 76%, L.A.M.P. has proven to be a high-impact investment in leadership development.

ENHANCE – Creating Future Site Heads

ENHANCE equips senior manufacturing leaders with critical business, leadership, and technical capabilities through a hybrid learning experience.

Delivered in partnership with IIM Lucknow, this 18-month hybrid program blends the best of classroom learning with immersive campus sessions and online modules. Participants apply their learning through hands-on projects implemented directly on the shop floor, bridging the gap between theory and practice. Regular management reviews provide valuable feedback, mentorship from senior leadership, and opportunities for deep reflection on their leadership journey. This integrated approach ensures that the program delivers tangible business impact while cultivating a strong pipeline of future-ready manufacturing leaders. The program has proven highly effective, with 42% of participants receiving promotions or increased responsibilities within 18 months of program completion.

Our Learning and Development Programs

Parameter FY25
Global India
Total learning and development training hours 1,253,456 1,224,270
Average training and development hours per FTE 52.22 55.62
Total amount spent on training (INR) 289,215,847 149,637,465
Average amount spent per FTE on training and development (INR) 12,050 6,798
We are passionate about creating truly engaging learning experiences that foster meaningful development for our employees. E-learning is a core component of our strategy, and we utilize external platforms and our in-house Learning Management System to deliver compliance training, behavioral and leadership development programs. We also offer a plethora of opportunities for cultural education, digital transition, and leadership development, both internal and external. These include coaching and mentorship programs, and opportunities to connect and learn through employee resource groups and professional networks. All our learning programs cover all our employees — be it contractual, part time, or our own workforce.

Location-Specific Programs

Bridging Education and Employability

We help create a strong career pathway for promising young individuals from rural communities, empowering them to pursue higher education and build rewarding careers in the pharmaceutical industry through Lupin Learn & Earn Program. This three-year initiative combines on-the-job training with academic learning, culminating in a B.Voc. degree in Pharmaceutical Chemistry. We provide holistic support to participants, including subsidized food, accommodation, transport, and behavioral skills training, to ensure participants can focus on their growth. The program focuses on recruiting science graduates who have completed Grade 12, from rural colleges in Maharashtra, Karnataka, and Goa, creating meaningful opportunities for a brighter future.

Creating Opportunities for Growth

Our talent management process is thoughtfully designed to empower our people and support their individual growth journey.

It starts with comprehensive assessments of mid- to seniormanagement employees, including psychometric evaluations and 360-degree feedback to identify strengths and areas for development. Bi-annual talent reviews guide our succession planning for critical roles, ensuring leadership continuity. In addition, regular check-ins every quarter help track progress, address concerns, and ensure everyone feels supported and engaged. Based on these insights, we work with each employee to craft individual development plans, outlining clear career paths and helping them envision their future at Lupin.

At Lupin, our people are at the heart of our purpose. We nurture talent with empathy, equip it with capability, and align it with our mission to heal and uplift lives.

Yashwant Mahadik, President — Global Human Resources

Lupin EXCEL: Our Global R&D Talent Mobility Program

Launched this year, the Lupin EXCEL program is designed not only to help our scientists grow, but to accelerate innovation. The program offers them opportunities to work on cutting-edge projects alongside their global colleagues. It broadens their skill-sets and facilitates knowledge sharing across different areas of expertise. We believe that strengthening our R&D team in this way ultimately leads to breakthroughs that benefit everyone, especially the patients we serve.

Transition Program for Retiring Employees

At Lupin, every career is a journey — and when that journey approaches its final chapter, we ensure it concludes with dignity, clarity, and heartfelt appreciation. Our retirement transition program is thoughtfully designed to support employees with personalized guidance, financial confidence, and emotional recognition. We begin with one-on-one support on retirement payout options, helping employees navigate decisions with transparency and ease. Retirees continue to receive access to group health insurance benefits, including coverage for pre-existing conditions, ensuring continuity of care beyond active employment. Our HR Operations team and Business Partners are hands-on throughout the process, offering reassurance and resolving logistical queries. In the month before retirement, we organize engagement activities to celebrate the individual’s legacy, culminating in the presentation of a commemorative silver plaque as a token of our gratitude — because long service deserves more than a farewell. It deserves a tribute.

Transition Program for Employees Who Have Left the Company

In instances of involuntary separation, we remain equally committed to compassion and fairness, offering severance in accordance with policy and local regulations. At every stage, we lead with empathy, because how we part ways says as much about our values as how we come together.

Diversity, Equity, Inclusion

We believe that a diverse and inclusive workforce ignites innovation by bringing together a wider range of perspectives and experiences. Hence we are committed to removing any barriers that stand in the way of creating a truly equitable and representative workplace. Our DEI strategy is built on a foundation of global guidance and local ownership. We set clear goals and monitor progress through centralized metrics, while empowering our teams across locations and functions to design and execute initiatives that best suit their unique needs and contexts. Diversity Councils, comprising functional leads, HR business partners, talent acquisition and communications leads, meet quarterly to advance the agenda forward, ensuring alignment across all functions and locations.

Our DEI Programs and Initiatives
Inclusive Hiring
Parichay: Enhancing Employee Referrals for Diversity We actively encourage employee referrals of female candidates, broadening our talent pool and promoting gender diversity from the outset.
Targeted Hiring Initiatives for Women We conduct dedicated walk-in drives and recruitment initiatives focused on increasing female representation in entry-level positions across various functions. Taking a significant step toward inclusivity in manufacturing, our Tarapur site welcomed its first group of women to the B shift this year. This is a model we plan to replicate to other sites in the future.
"Hire Right – Bias Free and Gender Sensitization" Workshops Our hiring managers, talent acquisition and HR teams are trained to follow bias-free hiring practices. This is done to make recruitment fair and equitable.
Nurturing Diverse Talent
Diversity Recognition Initiative Launched this year, this initiative celebrates significant strides in gender diversity at our manufacturing sites and IRF divisions, with awards for both increasing hiring and overall representation.
EMERGE: Empowering Women’s Leadership This program nurtures leadership skills in female employees, focusing on empowerment, communication, and collaboration, preparing them for advancement. Delivered by the Lupin Women’s Network, this program has already reached more than 80% of the employees.
Supporting Working Parents
Revitalized Returnity Program Mothers returning to work after maternity leave, undergo a three-month mentorship program. They are paired with both a mentor and a peer ally for a smooth, supported transition back into their roles. The returning mom as well as her immediate superior is adequately enabled to mainstream with the help of a specially curated program.
Culture and Awareness
Pride Month, International Women’s Day and Other DEI Events We consistently foster a culture of belonging and ally-ship through periodic awareness campaigns, webinars, and events celebrating days of international significance. These cultural sensitization programs are organized for the workforce and contractual staff.
The Unstoppables Through this annual program, we provide all our female employees with self-defense and safety training. This program covers physical safety, home security, and cybercrime awareness.
Diversity Indicator FY25
Global India
Share of women in total workforce (as % of total workforce) 12.5 9.0
Target for share of women in total permanent workforce 15% by 2030
Share of women in all management positions, including junior, middle, and top management (as % of total management positions) 8.2 6.8
Share of women in junior management positions, i.e. first level of management (as % of total junior management positions) 7.9 6.7
Share of women in top management positions, i.e. maximum two levels away from the CEO or comparable positions (as % of total top management positions) 21.9 11.5
Share of women in management positions in revenue-generating functions (e.g. sales) as % of all such managers (i.e. excluding support functions such as HR, IT, Legal, etc.) 7.1 3.6
Share of women in STEM-related positions (as % of total STEM positions) 26.3 22.6
Gender Pay Indicators FY25
Global India
Employee Level Average Women Salary Average Men Salary Average Women Salary Average Men Salary
Executive level* (base salary only) 6,256,238 9,492,307 6,689,437 10,120,457
Executive level* (base salary + other cash incentives) 8,818,565 12,620,880 7,690,894 11,696,685
Management level** (base salary only) 2,035,664 2,225,542 2,087,287 2,292,304
Management level** (base salary + other cash incentives) 2,334,582 2,504,799 2,192,443 2,381,841
Non-management level*** (base salary only) 571,574 688,142 552,959 689,554

* Employees with senior positions and playing a strategic role
** Employees in management level positions excluding executive-level positions
*** Employees in charge of executionary functions (no managerial role)

Category FY25
Difference Between Men and Women Employees (%)
Global India
Mean gender pay gap -4.86 -6.04
Median gender pay gap 5.90 5.99
Mean bonus gap -14.83 -17.79
Median bonus gap -15.08 -17.33

Performance Management

Category FY25
Global India
Total permanent employees 22,735 20,949
Employees eligible for performance appraisal 22,735 20,949
% of eligible employees receiving performance appraisals 100% 100%

We follow a collaborative, transparent approach toward performance management. We involve employees in setting objectives and development plans. Performance conversations track employee progress against key targets, allowing timely support. Continuous feedback is facilitated through our SuccessFactors platform, supplementing annual reviews and self-appraisals. This year, we have further digitized this process. For our mid- to senior-level employees, we have integrated development objectives, linking performance management with talent development. This creates a more agile and holistic system, supporting continuous growth and improvement. Our performance conversations, facilitated by managers, encourage open dialogue as well as discussion around the eight Lupin leadership competencies. This ensures multi-dimensional feedback, reflecting the evolving needs of a modern workplace. For our employees, performance assessment also incorporates a shared accountability component. Teams are given the responsibility for achieving relevant corporate ESG goals, thereby establishing a form of team-based appraisal system across different functions.

Employee Well-Being

Well-Being 360: Our Comprehensive Wellness Program

Launched in 2024, Well-Being 360 supports our employees’ physical and emotional well-being through medical checkups, health talks, workplace stress management, yoga, zumba, fitness classes, and sports tournaments. Program activities are tracked via a digital dashboard and are overseen by a governance committee. For our U.S. staff, we conducted workshops supporting their holistic well-being. These workshops covered issues like mental health (such as coping with anxiety and recognizing burnout), healthy lifestyles, and financial wellness.

Family-Friendly Programs

We are committed to support our employees during childbirth phase. In India, primary caregivers receive 26 weeks (about 6 months) of paid leave, while non-primary caregivers receive one week. Similar benefits in other regions might vary, in adherence with local laws. For example, recent legislative changes in Switzerland extended co-parent rights to eligible same-sex couples, provisioning a 10-day paid leave for the mother’s wife. We also offer daycare facilities for the children of our employees and in our U.S. offices, we have designated “Mothers’ Rooms”, providing a private and comfortable space for feeding mothers.

We offer flexible work arrangements such as hybrid, on-site, and work-from-home options, based on roles and business needs, to help employees balance their work and personal lives.

Sports Initiatives

We promote fitness and community engagement through regular sports events. This includes cricket and football tournaments (for both men and women) and monthly or annual Pharmathon events across our sites. This year, our Sikkim location (and Lupin Women’s Network) hosted an inter-company women’s football tournament, bringing together teams from other leading pharmaceutical companies. We also supported and participated in the 20th Tata Mumbai Marathon. We were proud to sponsor and participate in Pharmathon 2.0, organized by the Indian Pharmaceutical Association in Pune.

Employee Recognition

Our recognition programs not only acknowledge exceptional achievements, but also those everyday actions that reflect our core values and contribute to our collective success.

Desh Bandhu Gupta Spirit of Lupin Awards

This is Lupin’s highest honor which recognizes individuals who embody the innovative and compassionate spirit of our founder. These awards celebrate those individuals who go above and beyond in advancing healthcare, reflecting Lupin’s commitment to improve lives. This global program culminates in a special ceremony where we acknowledge the remarkable achievements of our winners, inspiring all of us to strive for excellence.

BRAVO 2.0! and Shabaash 2.0

We believe that recognition should not be limited to formal awards. Our ongoing programs, BRAVO 2.0 and Shabaash 2.0 make it easy for employees to acknowledge colleagues who exemplify our core values. This regular recognition of positive behavior strengthens teamwork, enhances motivation, and builds a more connected and engaged workforce.

Employee Satisfaction

Core Focus Unit FY25
Global India
Employee satisfaction % of employees with top level satisfaction 80% 89%
Data coverage % of employees who responded to the survey 85% 85%

At Lupin, we believe that thriving employees build thriving organizations. That’s why we go beyond anecdotal feedback to systematically measure what truly matters — by listening at scale and responding with intent. Once in every two years, we conduct the McKinsey Organizational Health Index (OHI) survey to assess critical markers of employee experience, such as job satisfaction, sense of purpose, overall happiness, and stress levels. In our most recent OHI cycle, we achieved a remarkable 85% global participation rate — with scores reflecting strong engagement: 80% satisfaction globally and an even stronger 89% across our India operations. But data is only the beginning. We ensured transparent communication of results to all participants, followed by focused group discussions across teams. These conversations translated into tangible, function-specific action plans — monitored quarterly to ensure accountability and progress. One standout outcome was the launch of S.O.A.R. (Synergy, Open Communication, Action, Results) — a targeted intervention for our R&D and Biotech teams based on their specific feedback. Delivered to 17 cohorts and reaching over 1,000 employees, SOAR wasn’t just a program—it was a movement to deepen collaboration, strengthen purpose, and accelerate outcomes. At Lupin, listening isn’t passive—it’s a promise to improve.

At Lupin, performance is not just about business outcomes — it’s about the broader impact we create for our stakeholders, society, and the planet. Hence, we have embedded Environmental, Social, and Governance (ESG) priorities into the heart of our performance management and rewards framework.

Every Lupinytt undergoes a structured performance review aligned with our Leadership Competencies and Values Framework. For senior leaders, including the Chief Executive Officer, Managing Director, Business Unit Heads, and applicable managers, performance evaluation goes much deeper. It integrates ESG goals tied directly to Lupin’s material priorities, ensuring a clear line of sight between strategic intent and individual accountability.

An Award Winning Workplace

GPTW 2025 Certified: Nanomi (Netherlands), Hormosan (Germany), Laboratorios Grin (Mexico), and Multicare (Philippines)

Accelerate DEI Index 2024 by Forbes:

Laboratorios Grin (Mexico)

Our ESG targets for FY25 were shaped by our enterprise-wide materiality assessment and focused sharply on high-impact areas such as climate change, GHG emissions reduction, water recycling, waste management, biodiversity, DEI, patientcentric innovation, and access and affordability. These objectives are assigned to relevant Presidents and cascaded to functions, where they are weighted appropriately within annual performance reviews and the year-end rewards process.

Performance against these ESG goals directly influences both monetary and non-monetary outcomes. Bonuses, increments, and ESOPs are tied to the achievement of ESG-linked KPIs, while high-performing individuals who embody Lupin’s values are also celebrated through The Desh Bandhu Gupta Spirit of Lupin Awards — a prestigious recognition of excellence in integrity, customer focus, innovation, and care.

All executive-level ESG performance outcomes are reviewed and approved annually by the Nomination and Remuneration Committee (NRC) and the Board. In parallel, the Board’s Sustainability and Corporate Social Responsibility Committee periodically reviews our progress against sustainability goals — ensuring that Lupin’s purpose-driven ambitions remain firmly on track.

Our Commitment to Fair Work

Fairness at Lupin is a practice woven into how we support, protect, and empower our people every day. We know that when individuals feel respected, secure, and valued, they show up with greater commitment, not just to their roles, but to the purpose we all share.

To safeguard the well-being of our employees and contract workers, we have instituted clear limits on working hours and actively monitor overtime, ensuring transparency and compensation for all additional work. Regular dialogue with representatives on working conditions allows us to identify concerns early and respond with agility, strengthening mutual trust.

We also routinely benchmark salaries against industry standards to close the gender pay gap, ensuring equity across the board. Every Lupinytt receives paid annual leaves and support to take their entitled time off. We believe that rest is a basic right. Compensation is fair, consistent, and free from bias, regardless of gender or background.

We extend social protections to our workers, supplementing public programs with company-backed safeguards.

We uphold dignity during transitions — ensuring reasonable notice periods during transitions and offering reskilling opportunities to adapt to industry shifts.

We at Lupin take pride in fostering a culture of fairness, the foundation of a workplace where people feel safe to grow, supported to succeed, and empowered to make a difference.

Human Rights

Our Approach

We are committed to upholding human rights both within our operations and across our value chain. We hold all our business partners, including joint ventures, to the same high standards. Risk identification in our own operations is managed by our HR Head, supported by site and functional teams, who develop and implement mitigation plans. This encompasses a systematic and periodic review of the risk mapping of potential human rights issues through internal audits at the start of every fiscal year. There is also an independent third-party audit that is conducted once in every two years. Risk identification in our value chain, especially with key suppliers, is addressed through our supplier ESG Program, which monitors their performance against social criteria, including specific human rights standards. When establishing new business relationships, including mergers, acquisitions, and joint ventures, risk identification is prioritized to ensure alignment with our human rights commitments.

We have institutionalized human rights management processes through site-level Human Rights Core Committees — crossfunctional, inclusive forums led by site heads, comprising of representatives from management, junior staff, women employees, and contractors.

These committees collaborate to ensure our human rights policy isn’t just documented — it’s actively implemented, monitored, and lived. They track performance indicators, investigate grievances, and enable early interventions wherever needed, reinforcing our zero-tolerance stance toward any form of workplace injustice.

During FY25, we further strengthened our human rights practices. We conducted a dedicated workshop focused on cross-location audits, preparing our internal teams to proactively identify and mitigate risks. In parallel, all Lupin employees completed a refresher training on Lupin’s Human Rights Policy, re-establishing our shared responsibility to uphold respect and dignity across our operations. All our security personnel were included as part of this training.

Looking ahead, we are deepening our commitment by aligning with the Human Rights Excellence Criteria (BEC 1500:2024). In FY26, we will initiate the BEC 1500:2024 standards across relevant locations and equip our teams with ILO-certified human rights training ensuring that our actions remain rigorous, compliant, and compassion-led.

Human Rights Assessment

Following independent third-party audits across all our operations last year, we renewed our certifications in the current year and achieved Platinum Rating. Independent third-party auditors conducted audits at all 17 locations (including two Lupin subsidiaries) and these certifications cover both Lupin employees and contractual workers.

Our location-level human rights committees ensure active compliance and continuous improvement.

The human rights issues included for evaluation encompassed the following:

Leadership

Discrimination

Diversity and Inclusion

Forced Labor and Human Trafficking

Child Labor

Freedom of Association and Right to Collective Bargaining

Fair Wages, Equal Remuneration and Benefits

Anti-Harassment

Environment, Health and Safety

Community Engagement

Reporting Concerns

Non-Retaliation

Coverage

100% Own operations including subsidiaries, contractors, and JVs

Based on the assessment, no operations or suppliers have been identified where the right to freedom of association and collective bargaining is at risk. Although the company has not caused nor contributed to any adverse effect concerning any of the human rights topics/human rights violations during the reporting year, we have a few special projects ongoing at every site. This is in line with our human rights policies.

Occupational Health and Safety

At Lupin, Occupational Health and Safety (OHS) remains a cornerstone of our sustainability strategy and is guided by our Environment, Health, Safety, and Sustainability (EHS&S) policy. We conduct comprehensive risk and hazard assessments to proactively identify potential sources of harm in the workplace. Based on these assessments, we prioritize and implement targeted action plans with clearly quantified objectives to mitigate identified risks. Our emergency preparedness framework is robust, integrating specific actions to ensure swift and effective responses to unforeseen situations. We continuously evaluate our progress in reducing and preventing health-related issues by benchmarking outcomes against predefined targets. Regular internal inspections and structured procedures for investigating work-related injuries, illnesses, and incidents further reinforce our commitment to a safe work environment. To foster a culture of safety, we provide ongoing OHS training to employees and relevant stakeholders, enhancing awareness, and minimizing operational health and safety incidents. Additionally, we have embedded the OHS criteria into our procurement and contractual processes, ensuring that our safety standards and EHS Policy commitments are upheld across our value chain. We ensure compliance with all laws and regulations, adopting high safety standards across all our operations and value chain.

Well-Defined OHS Management

We have implemented a holistic OHS management system that clearly defines the roles and responsibilities of each EHS employee, ensuring successful integration of safety practices and active worker involvement in preventive measures.

Proactive Risk Mitigation

We employ comprehensive hazard identification and risk assessment practices to implement effective control measures. This includes HAZOP assessments, risk evaluations for formulation units, and job safety analyses. Regular mock drills are conducted to ensure our response effectiveness, prioritizing rapid access to medical services and antidotes.

Continuous Improvement and Oversight

Monthly reviews of Environmental, Health, and Safety (EHS) performance are conducted at both site and corporate levels to identify challenges and implement improvements. Our dedicated EHS units help integrate safety management with performance appraisals, setting clear safety targets. Rigorous internal and external audits of our EHS policies and practices, aligned to ISO 45001 standard provide key oversight to maintain high performance levels. All our manufacturing units are ISO 45001 certified with independent external verification of health, safety, and well-being.

13

Internal
Occupational Health
and Safety Audits

12

External/Third Party
Occupational Health
and Safety Audits

Reporting and Incident Response

We encourage employees to report hazards and incidents through our well-established Incident Management System. Our well-qualified and specialized safety team performs rootcause analyses and implements preventive actions to prevent recurrences.

Recognizing Excellence with EHSAAS

Our industry leading Environment, Health and Safety Awards and Accolade System (EHSAAS) initiative rewards outstanding contributions to EHS performance, including greenhouse gas reduction and resource conservation. This recognition system strengthens our ‘EHS First’ culture across all our facilities.

Category FY25
Lost Time Injury
Frequency Rate
Total Recordable Work
Related Injuries
Number of
Fatalities
Accident Frequency
Rate (per 1 Mn man hours worked)
Employee 0 24 0 1.09
Contractual 0.085 56 1 2.43
Total 0.04 80 1 1.78
Category FY24
Lost Time Injury
Frequency Rate
Total Recordable Work
Related Injuries
Number of
Fatalities
Accident Frequency
Rate (per 1 Mn man hours worked)
Employee 0 34 0 1.62
Contractual 0.12 60 0 2.48
Total 0.07 94 0 2.08
Category FY23
Lost Time Injury
Frequency Rate
Total Recordable Work
Related Injuries
Number of
Fatalities
Accident Frequency
Rate (per 1 Mn man hours worked)
Employee 0.05 37 0 1.75
Contractual 0.09 86 0 3.85
Total 0.069 123 0 2.83
Category FY22
Lost Time Injury
Frequency Rate
Total Recordable Work
Related Injuries
Number of
Fatalities
Accident Frequency
Rate (per 1 Mn man hours worked)
Employee 0.26 65 0 2.81
Contractual 0.16 145 0 5.82
Total 0.21 210 0 4.37

Occupational Health and Safety Trainings

Effective safety and health practices stem from a welltrained and informed workforce. To that end, we conduct safety and health training across all Lupin manufacturing sites, utilizing a diverse array of training modes. These include:

Classroom Training: Interactive sessions delivered by subject matter experts.

On the Job Training: Hands-on, practical training sessions conducted at the workplace, ensuring direct application of safety procedures.

Toolbox Talks: Brief, focused discussions on specific safety topics, refreshing best practices and raising awareness.

Digital Learning: Leverage the L2LMS/SABA training platform to provide accessible and engaging online safety training modules.

Some examples of safety training programs are: material safety data sheet, laboratory safety, chemical safety, near-miss reporting, process safety, and basic firefighting.

A few examples of health training topics are: first-aid training, health and hygiene, prevention of eye injury, and awareness on hypertension and diabetes.

Way Forward

Every step we take is about creating a workplace where people choose to stay, grow, and know that their contributions matter.

At Lupin, our journey forward is anchored in one belief: that when people feel seen, supported, and empowered, they stay, grow, and elevate the organization with them. Every initiative we undertake is a step toward building a workplace where individuals don’t just contribute, they belong.

We are advancing our commitment to diversity and inclusion in bold, tangible ways. By introducing second shifts at more of our manufacturing sites and piloting a ‘Learn & Earn’ program exclusively for women trainees, we are expanding opportunities for women to thrive in roles historically underrepresented. To help ensure secure commute for women employees, we are implementing a dedicated app-based solution. Meanwhile, accessibility audits are underway across all our facilities to better accommodate colleagues with disabilities — because true inclusion leaves no one behind.

To deepen our culture of care, we are scaling up emotional wellness programs focused on mental wellbeing of employees, including the training of certified Wellness Champions who will act as peer anchors and mental health advocates within the workplace.

Our commitment to modernization continues with the digitization of our global talent management systems — designed to improve transparency, agility, and employee experience. We are also partnering with experts to assess and strengthen our organizational capabilities as we scale.

At Lupin, the future of work isn’t something we wait for. It’s something we shape, together.