Good Corporate Governance is a key tenet of our approach to good corporate citizenship. At Glenmark, we have adopted a codified Code of Conduct to fulfil our corporate responsibilities, achieve financial objectives and create long term value for all our stakeholders. Our stakeholders include shareholders, customers, employees, suppliers and the communities in which we operate, amongst others.
Our Code of Conduct is applicable to the board of directors, senior management and employees. Signed by the Chairman, the Code lays down policies in four broad areas that include business conduct, conducting business in the market place, employees and resources, and supporting the community.
We conduct training programs for all our employees to enhance awareness and ensure adherence to the Code of Conduct.
The Code lays down our guiding principles and pertinent ideologies on the following aspects:
We have a process that enables our employees to escalate any non-compliance, which is then investigated and closed promptly. Further details regarding our Corporate Governance can be found on our website.