Bharat Serums and Vaccines (BSV) is a leading biotech company based in India that is committed to improving the health and well-being of people around the world. Founded in 1971, BSV has grown to become one of the largest biotech companies in India, with a strong presence in over 60 countries. The company is focused on developing and manufacturing innovative biotech products such as vaccines, plasma derivatives, and biosimilars.

As a responsible corporate citizen, BSV is committed to reducing its carbon footprint and promoting sustainable practices. The company has implemented a number of initiatives to support decarbonisation and reduce its environmental impact. One of the key areas of focus for BSV is corporate energy management. The company has implemented a comprehensive energy management system that includes energy audits, energy efficiency measures, and renewable energy projects.

BSV has also embraced the concept of corporate power purchase agreements (PPAs) as a way to support renewable energy development. PPAs are long-term contracts between a company and a renewable energy provider, which guarantee a fixed price for renewable energy over a specified period of time. By entering into PPAs, BSV is able to support the development of new renewable energy projects, while also reducing its carbon footprint and energy costs.

In 2018, BSV signed a 10-year corporate PPA with a wind energy provider to purchase 5.5 MW of wind power. This agreement is expected to generate over 1.5 million units of renewable energy each year, which is equivalent to the energy consumption of over 1,200 Indian households. By purchasing renewable energy through a PPA, BSV is able to reduce its carbon emissions by over 1,200 tonnes per year.

BSV has also invested in on-site renewable energy projects, including solar PV systems at its manufacturing facilities. The company has installed over 1 MW of solar PV capacity across its facilities, which generates over 1.3 million units of renewable energy each year. This investment in on-site renewable energy not only reduces BSV's carbon footprint, but also helps to reduce its energy costs and improve energy security.

In addition to its renewable energy initiatives, BSV has also implemented a number of energy efficiency measures across its operations. The company has conducted energy audits at its facilities to identify areas for improvement, and has implemented a range of measures to reduce energy consumption. These measures include the installation of energy-efficient lighting, HVAC systems, and process equipment.

BSV's commitment to sustainability extends beyond its energy and environmental initiatives. The company has also implemented a range of social and environmental programs to support the communities in which it operates. BSV has established a number of partnerships with NGOs and other organizations to support healthcare, education, and environmental initiatives.

One of BSV's key social initiatives is its "Healthy Women, Healthy India" program, which aims to improve the health and well-being of women in rural India. The program provides access to healthcare services, education, and training for women, and has reached over 10,000 women across 50 villages in India.

BSV has also implemented a number of environmental programs to support biodiversity and conservation. The company has established a "Green Belt" program, which involves planting trees and other vegetation around its facilities to support local ecosystems. BSV has also implemented a waste management program, which includes recycling and composting initiatives to reduce waste and promote sustainable practices.

In conclusion, Bharat Serums and Vaccines is a leading biotech company in India that is committed to sustainability and reducing its environmental impact. The company has implemented a range of initiatives to support decarbonisation, including renewable energy projects, corporate PPAs, and energy efficiency measures. BSV's commitment to sustainability extends beyond its energy and environmental initiatives, with a range of social and environmental programs to support the communities in which it operates.