“Corporate Governance is the application of best management practices, compliance of law in true letter and spirit and adherence to ethical standards for effective management and distribution of wealth and discharge of social responsibility for sustainable development of all stakeholders”
– Institute of Company Secretaries of India

Corporate governance is vital in achieving any company’s mission and setting the right path towards future trends. It compels and guides the company and the leadership bound both in spirit and in execution to abide by the applicable legislation in the regions in which it operates. Akums believes in robust governance, right transparency and accountability. This will lead to trusteeship, enhanced customer focus, innovation, excellence in corporate citizenship and responsible nation building.

Strengthening Corporate Governance and enriching organizational environment with fair practices and ethical values is fundamentally an ongoing process at Akums. The Government, the Corporate and professionals work together to create a synergistic effect in the co-creation of values and morals for the achievement of the organizational goals.

With a firm belief in sustainable development and CSR policies of the company and the land, the pharmaceutical giant is committed to establishing a trustworthy climate confidence and creativity among various constituents. The ethically sound practices and methodologies lead to higher degree of corporate excellence where a from enhanced success yields long-term value for stakeholders.

CORPORATE GOVERNANCE

Employee First

Educating, training and motivating Akums colleagues to work in a safe, environmentally responsible manner well reflects in the company’s value statements. The company continues to highlight full compliance with legal requirements and has developed a clear vision for embracing the employee safety programs. Myriad of measures to prevent workers from succumbing to accidents and developing work related diseases include :

Oxygen cylinders and full body suits

Compressed air showers

Training of safety

24 hrs ambulance

Fire drill

A proper system of waste management is regularized with Bharat Oil &Waste Management Ltd (BOWL) for Recycling of Wastes & Bio-Degradable. Akums has proper system for disposal of factory waste and this is done through a systematized process as listed below:

(A) Establishment of STP/ETP for water recycling.

(B) Rain water harvesting pit for saving and reserve of water.

(C) 30% maintained green area in factory premises.

Educating, training and motivating Akums colleagues to work in a safe, environmentally responsible manner well reflects in the company’s value statements. The company continues to highlight full compliance with legal requirements and has developed a clear vision for embracing the employee safety programs. Myriad of measures to prevent workers from succumbing to accidents and developing work related diseases include :
  • Clean Ganga voluntarily drives
  • Maintenance of 8 Km of green belt
  • Afforestation drive each year
  • Awareness workshops on HIV/AIDS
  • Supply of free medicine to medical camps and charitable hospitals.
  • Supports several development schemes, road passenger amenities, road sidegreenery, police booths and employee economic development amenities

Composition CSR Committee

Shri Sanjeev Jain

Shri Sandeep Jain

Shri N.L Kalra

Dr. Amit Varma

Way we make difference