It is the Company's intent to make a positive difference to society. Corporate Social Responsibility (CSR)
is the responsibility of the corporate entity towards the society in consideration of the support given
and sacrifices made by the society by sharing part of its profit for the betterment of society.
Corporate Social Responsibility is strongly connected with the principles of Sustainability; an organization
should make decisions based not only on financial factors, but also on the social and environmental consequences.
Therefore, it is the core corporate responsibility of our Company to practice its corporate values through commitment
to grow in a socially and environmentally responsible way, while meeting the interests of its stakeholders.
We at Indoco Remedies Limited (IRL), believe that reaching out to underserved communities is part of our DNA.
We believe in transcending business interests and grappling with the "quality of life" challenges that underserved
communities face and working towards making a meaningful difference to them.
Our mission is to improve the quality of human life by enabling people to do more, feel better and live longer.
We intend to provide resources in terms of money, medicines, time and equipment to non-profit organizations to focus
on programs that are 'innovative, sustainable and bring real benefits to those most in need'. Our philosophy is to
target support to selected programs that are innovative, sustainable and which produce tangible results.
We intend to lend a helping hand to the underprivileged in our society through the support of women, children and
the aged in the areas of health, education, Public Sanitation etc. Implementing this philosophy in spirit, we shall
make a positive contribution to the communities in which we operate, and invest in health and education programs and
partnerships that aim to bring sustainable improvements to these people.
Policy on CSR
IRL will be vigilant in its enforcement towards corporate principles and is committed towards sustainable development
and inclusive growth. The company shall constantly strive to ensure strong corporate culture which emphasizes on integrating
CSR values with business objective and also pursue initiatives related to quality management, environment preservation and social awareness.
To attain its CSR objectives in a professional and integrated manner, it shall: