About Navitas Life Sciences
Navitas Life Sciences is a global leader in the Life Sciences industry. Navitas is committed to being a socially responsible organization that contributes to the sustainable development of society. Our core values of Domain Centricity, Customer Obsession, High-Performance Mindset, Talent Empowerment, and Seamless Collaboration guide us in our efforts to make a positive impact on society. It is our prerogative to contribute back and make our society a better place. It is only through this mutualism that both our society and our business can sustain and thrive.
Navitas Life Sciences is committed to:
- Conducting business operations in an ethical, transparent, and responsible manner, upholding the highest standards of integrity, and complying with all relevant laws and regulations.
- Promoting diversity, equity, and inclusion within the company and the communities where we operate, creating an inclusive and respectful workplace for all employees.
- Ensuring a safe and healthy work environment for our employees and taking measures to prevent accidents and illnesses.
- Contributing to the sustainable development of society by engaging in activities that promote education, healthcare, sports, and environmental sustainability.
Objectives and Focus Area
Navitas Life Sciences will focus its efforts on the following key areas of interest:
Environmental Stewardship: We recognize that environmental sustainability is crucial to the long-term well-being of our planet and future generations. We are committed to implementing sustainable practices and supporting initiatives that preserve and protect the environment for generations to come. To minimize our environmental footprint, we will:
- Adopt sustainable practices throughout our operations, such as reducing energy consumption and waste generation, promoting recycling and waste reduction, and sourcing environmentally friendly products and services.
- Support initiatives that protect natural resources and biodiversity, such as reforestation, wildlife conservation, and water resource management.
- Collaborate with external stakeholders to promote sustainable practices, such as participating in industry initiatives and engaging with suppliers and customers to promote sustainable products and services.
Impactful Healthcare: We are committed to supporting initiatives that improve access to healthcare, particularly in underserved communities. Our focus is on promoting preventive healthcare initiatives that have a significant impact on societal health, while also supporting research and development efforts aimed at finding innovative solutions to healthcare challenges. To promote preventive healthcare, we will:
- Support initiatives that promote healthy living, such as nutrition and exercise programs, disease prevention campaigns, and mental health awareness initiatives.
- Invest in research and development efforts aimed at finding innovative solutions to health challenges, such as developing new medicines and therapies, and promoting health technologies that enable remote patient care.
- Collaborate with external stakeholders to promote healthcare access and affordability, such as partnering with non-profits and government agencies to provide healthcare services to underserved communities.
Empowering Education: We believe that education is the key to unlocking opportunities and empowering individuals to reach their full potential. We are committed to supporting initiatives that promote access to quality education, particularly in science, technology, engineering, and mathematics (STEM) fields, that equip individuals with the skills they need to succeed in a rapidly changing world. To promote education, we will:
- Support initiatives that promote access to quality education, particularly in science, technology, engineering, and mathematics (STEM) fields, such as providing scholarships, supporting mentorship programs, and investing in education infrastructur
- Encourage employee engagement and participation in education initiatives, such as volunteering in schools, and promoting STEM education through employee-led initiatives.
- Collaborate with external stakeholders to promote education access and affordability, such as partnering with non-profits and government agencies to support education initiatives in underserved communities.
At Navitas Life Sciences, we firmly believe that by acting responsibly and ethically, we can create long-term value for our stakeholders and contribute to a more sustainable future.
GOVERNANCE, COMPLIANCE AND MONITORING PROCESS
The Company can undertake CSR activities either by itself or through other entities eligible to undertake CSR activities under Applicable Law.
The CSR activities are directly approved and supervised by the Board of Directors. The Board reviews the progress and impact of various implemented CSR programs, to determine any further action plans that need to be undertaken. Appropriate documentation of the CSR Policy, Annual CSR Activities report, Budget & Expenditure incurred on CSR activities are prepared, reviewed and approved by the Board. For CSR spend the preference is given to the local area and areas around which the Company operates.
ENQUIRIES AND SUGGESTIONS
For dealing with enquiries/ suggestions received from public/government authorities related to Company’s CSR initiatives, the Head of Corporate Services is the nodal officer on behalf of the Company.