Glenmark Pharmaceuticals inducted into the Dow Jones Sustainability Indices (DJSI) Emerging Markets 2018, one of the most prestigious global sustainability benchmarks

  • Glenmark is one among the only 10 companies from India to be listed in the DJSI Emerging Markets Index
  • From 94 companies listed in the Emerging Markets Index, only two companies have made it from the Pharmaceuticals, Biotechnology & Life Sciences industry
  • DJSI is one of the world's premier benchmark for sustainable business practices

Glenmark has been listed on the Dow Jones Sustainability Indices 2018. Dow Jones Sustainability Index (DJSI) is one of the most esteemed global benchmarks for sustainable business practices. Only the top ranked companies in terms of Corporate Sustainability within each industry are selected to be featured in the index. The inclusion in this list is considered highly prestigious by global investors, financial analysts and other stakeholders and also serves as a benchmark for investors who integrate sustainability considerations into their portfolios.

Speaking on the achievement, Glenn Saldanha, Chairman & MD said, “Glenmark is proud to be included in the Dow Jones Sustainability Emerging Markets Index 2018. Being listed in the index is a landmark achievement for us and it re-emphasizes our efforts towards Environment, Social and Governance factors and how over the years we have emerged as a leader in the area of sustainability. This honour has motivated us to continue working on strengthening all our actions to build a sustainable future.”

The DJSI Emerging Markets leaders were chosen from over 800 companies who were assessed, out of which 94 made it to the Index. Our focussed approach on sustainable practices in conducting our core business, operations and social investments has facilitated Glenmark to be among the only 2 pharmaceutical companies to be featured in the Emerging Markets Index. From India there are only 10 companies who have made it to this prestigious listing. The evaluation included 24 long-term economic, environmental and social criteria. We have secured high scores for our Marketing Practices, Product Quality and Recall, Environmental Policy and Management System, Corporate Citizenship and Philanthropy, Health Outcome Contribution and Code of Business Conduct.

Glenmark’s philosophy is to conduct its operations in a manner that is ethical, transparent, proactive, environmentally conscious and sensitive to all its stakeholders. A strong focus on innovation, good corporate governance, operational excellence, quality, environment practices and social responsibility provides the necessary foundation in our quest to become a leading sustainable organisation.

About Dow Jones Sustainability Indices (DJSI):

The DJSI is the foremost global benchmark for corporate sustainability. Launched in 1999, the DJSI World represents the gold standard for corporate sustainability and is the first global index to track the leading sustainability-driven companies based on RobecoSAM’s analysis of financially material Environmental, Social, and Governance (ESG) factors and S&P DJI’s robust index methodology.