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- Featuring in the Bloomberg Gender-Equality Index (GEI) for the fifth year in a row, Dr. Reddy’s is the only Indian pharma company from among seven Indian companies to be listed in the 2022 index
- Included in S&P Global’s Sustainability Yearbook for a second successive year based on the 2021 Corporate Sustainability Assessment (CSA) in which the company was positioned ninth globally among pharma companies
- Recently, the company also received Sustainable Corporate of the Year 2021 award – the highest recognition – at the Frost & Sullivan-TERI Sustainability 4.0 Awards
- These recognitions reinforce the company’s commitment to contribute to an inclusive and sustainable society
Dr. Reddy’s Laboratories Ltd. ((BSE: 500124, NSE: DRREDDY, NYSE:RDYNSEIFSC: DRREDDY, hereafter referred to as “Dr. Reddy’s”)) announces two major back-to-back recognitions in sustainability and gender equality.
Dr. Reddy’s is one of seven Indian companies in Bloomberg’s Gender-Equality Index (GEI) 2022, and the only Indian pharma company in the index. The 2022 GEI comprises 418 companies across 45 countries with a combined market capitalisation of $16 trillion. The assessment framework consists of five pillars – female leadership and talent pipeline, equal pay and gender pay parity, inclusive culture, anti-sexual harassment, and pro-women brand. The GEI helps bring transparency to gender-related practices and policies in publicly-listed companies around the world, thereby increasing the breadth and depth of environmental, social, and governance (ESG ) data available to investors and other stakeholders. The inclusion marks Dr. Reddy’s listing in the GEI for a fifth consecutive year. It is a recognition of the year-on-year enhancement of the company’s efforts to create an inclusive and equitable workplace through employee -friendly policies and engagement, especially during the current pandemic through maximum flexibility in ways of working, special consideration and leaves for caregive rs, and employee assistance programmes. The company has rolled out insurance policy coverage for fertility services for the global workforce and adoption assistance besides COVID-19 insurance. Dr. Reddy’s recently joined the United Nations Women’s Empowerment Principles (WEPs) as a …
Full story available on Benzinga.com
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