Diversity and Inclusion Policy

At Navitas Life Sciences, we believe that a diverse and inclusive workplace is essential for fostering innovation, collaboration, and sustainable growth. The leadership and management are committed to cultivating an environment that welcomes and values diversity, equity and inclusion in all its forms, where every individual and partner feels respected, empowered, and able to reach their full potential. Our Diversity and Inclusion Policy outlines our commitment to promoting diversity, ensuring equal opportunities, and fostering an inclusive work culture across our organization. By adopting this approach, we seek to cultivate positive relationships among individuals, regardless of their backgrounds, identities, or diverse abilities, thus creating a safe and inclusive workplace environment at Navitas Life Sciences.

Definition of Diversity and Inclusion

Diversity refers to the range of human differences, including but not limited to, race, ethnicity, gender, age, sexual orientation, religion, disability, nationality, perspectives, experiences, ideologies, and socioeconomic status. Inclusion is the practice of creating an environment where all individuals, regardless of their diverse backgrounds and experience, are welcomed, respected, and encouraged to bring their authentic selves to contribute meaningfully to our company’s success.

Our policy applied to every employee of Navitas Life Sciences across geographies.

Our Key Objectives

  • Foster a diverse workforce that reflects the communities we serve and represents a broad range of perspectives.
  • Create an inclusive work culture that values and celebrates diversity, enabling every individual to thrive and contribute.
  • Provide an environment of equality and respect for all employees and contractors.
  • Promote equal opportunities for career development, advancement, and engagement for all employees through the policies and practices.
  • Building leadership capability by providing equal opportunities for training and development of staff, as required, to harness their full potential.
  • Eliminate all forms of discrimination, harassment, and bias by fairly dealing with complaints of harassment, bullying, or unlawful discrimination by employees, customers, suppliers, and other stakeholders.
  • Leverage diversity to drive innovation, enhance decision-making, and achieve superior business results.

Approach to Diversity

Diversity, Equity, and Inclusion (DEI) forms a part of our organization’s DNA and we are committed to integrate it throughout the employee life cycle, including recruitment, development, advancement, engagement, and retention. We recognize that diverse teams encourage collaboration, creativity, and the ability to respond effectively to the complex challenges faced by the life sciences industry.

Diversity and Inclusion Initiatives

To achieve our objectives, we will implement the following initiatives:

  • Establish Employee Resource Groups (ERGs) that provide a platform for employees to share experiences, exchange idea, and advocate for underrepresented groups.
  • Conduct regular diversity and inclusion training programs for all employees to raise awareness, challenge bias, and promote inclusive behaviors.
  • Implement mentorship programs to support the professional growth and development of diverse talent.
  • Collaborate with external partners and organizations that specialize in diversity and inclusion to enhance our efforts and learn from best practices.
  • Regularly review and analyze our diversity metrics to measure progress and identify areas for improvement.

Leadership and Accountability

Leaders at all levels of the organization are accountable for fostering a diverse and inclusive workplace. They are expected to demonstrate inclusive leadership behaviors, actively promote diversity and inclusion initiatives, and hold themselves and their teams accountable for creating an environment that is free from discrimination and bias. We believe that every leader should be an inclusive leader demonstrating their commitment, cognizance of bias, curiosity, cultural intelligence, and collaboration as key traits. Senior leaders will provide the necessary resources and support to ensure successful implementation of this policy.

RISE – Recruit, Include, Sustain, and Evolve

Through the RISE approach, we are committed to recruiting, including all talents equally without bias, developing and sustaining talents, and advancing to evolve into a highly empowered diverse talent pool. Our recruitment process will be fair, transparent, and free from bias, ensuring equal opportunities for all candidates. We will actively seek diverse candidates through various channels and aim to create a workforce that reflects and incudes the diverse communities in which we operate. To promote development and advancement, we will invest in training programs, mentorship, and sponsorship opportunities, ensuring a level playing field for all employees. The same will be stressed during performance reviews, rewards and recognitions, benefit programs, and all talent practices to ensure the goals are sustained and we evolve as an organization with the changing trends. The old approach is replaced with the new approach that Diversity and Inclusion is a business responsibility, not an HR responsibility and is a CEO-level priority being considered as important throughout all levels of management.

Inclusive Work Culture

We will foster an inclusive work culture by:

  • Encouraging open and respectful communication, where different perspectives are valued, and all employees feel comfortable expressing their views without fear or retribution.
  • Providing flexible work arrangements and promoting a healthy work-life balance to support the diverse needs of our employees.
  • Promoting collaboration and teamwork across diverse teams to foster innovation and creativity.
  • Celebrating diversity through cultural events, recognition programs, and initiatives that promote awareness and understanding of different cultures, traditions, and backgrounds.

Anti-Discrimination and Equal Opportunity Policies

We have a zero tolerance policy regarding discrimination, harassment, and bias. We will take immediate and appropriate action in response to any complaints or incidents, ensuring a thorough investigation and resolution process. We will maintain confidentiality and protect those who report any violations. We are committed to providing equal opportunities for all employees and ensuring that all policies, practices, and decisions are fair, transparent, and free from discrimination.

Work-Life Balance Policies

We recognize the importance of work-life balance for our employees and will provide flexible work arrangements where feasible, to support their diverse needs. We encourage managers to foster a culture of understanding and support, enabling employees to manage their personal and professional responsibilities effectively.

We believe that by embracing diversity and fostering inclusion, we will not only strengthen our organization, but all contribute positively to the communities in which we operate. This policy serves as a guiding principle for all employees, and we expect them to adhere to its principles and contribute to the realization of our diversity and inclusion goals.

Measurement and Impact through Metrics

Recruitment

Diversity in Hiring:

  • Gender
  • Race
  • Disabled

Operations

  • Gender headcount and gender ratio
  • Women ratio in Board
  • Women ratio in Executive Leadership
  • Women ratio in departments
  • Disabled ratio

Performance Management System (PMS)

  • Gender pay gap

Exit

  • Gender turnover rate

Effective February 20, 2023

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