Sai Life Sciences Sustainability Report 2020

25 CSR Committee In addition to the various committees that ensure the sustainability of business operations, we also have a separate Corporate Social Responsibility Committee that oversees our goals and objectives to make things better for our communities. The CSR Committee reviews, monitors and provides strategic direction to the Company’s CSR activities. The Committee seeks to guide the Company in integrating its community engagement objectives with its business strategies and assists in crafting unique models to support creation of sustainable initiatives. The Committee formulates and monitors the CSR Policy and recommends to the Board the annual CSR Plan of the Company. Code of conduct and policies There are several codes and policies framed by the Board in compliance with the Companies Act, 2013. We have code of conduct and ethics policies for all employees as well as our suppliers and partners. Our governance structure and formulated policies are designed to support legal and ethical conduct in all our operations. Our Code of Conduct policies govern the Board, Senior Management, all employees and our suppliers. Our policies reflect our values and commitments. For example, we have a zero tolerance for corruption and bribery and are committed to avoid any form of corruption in our business dealings and have therefore framed a Code of Conduct policy that also stipulates the prohibition of ‘Bribery and Corruption’. In addition, the Company has formulated a ‘Whistle Blower Policy’ to enable employees and Directors to voice their concerns anonymously without the fear of retaliation/victimization/discrimination which is a sine qua non for an ethical organization. A ‘Grievance Redressal Policy’ ensures that any issue or concern may be reported by e-mail to the contact stated in the policy. Confidentiality is the utmost concern for the Company, and we work to ensure and respect that concern. To ensure that all employees are aware of these policies, we ensure regular training and refresher sessions are provided across the organization. During the reporting period, Code of Conduct, Ethics and Prevention of Sexual Harassment and Anti- Corruption trainings were provided to all employees. In summary, the following are the key codes and policies which provide broad guidelines for the smooth and transparent functioning of the organization: • Code of Conduct and Ethics for Directors and Senior Management • Policy on Materiality of Related Party Transactions and Dealing with Related Party Transactions • Corporate Social Responsibility Policy • Performance Evaluation/Promotion Policy • Appointment and Remuneration Policy • Whistle Blower/Vigil Mechanism Policy • Code of Conduct and Ethics for Employees • Code of Conduct and Ethics for Suppliers • Policy for Prevention of Sexual Harassment • Grievance Redressal Policy In addition, audits are also carried out by our in-house internal audit team to ensure implementation and adherence to our policies and suggestions. Special audits are also performed in areas that may be vulnerable to fraud and corruption and other significant risks are identified on a regular basis.

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