Our Corporate Responsibility strategy
Deccan Healthcare has a sound strategy to navigate a world with youth,
aging population and continuously evolving healthcare needs. Our mission
and vision complement our strategy, and together they support the
creation of value over the long term for our company, our shareholders
and society.
Our strategy is to use science-based innovation to deliver better outcomes
for consumers in growing areas of healthcare. We maintain strong focus in
research and development (R&D) on areas of unmet nutritional and
healthcare requirements. We seek to develop supplements and products
that can produce positive real-world outcomes for consumers and
healthcare providers. We aim to develop innovative products in growing
areas of healthcare where we can make a real difference. At the same
time, we are expanding our presence in the emerging markets of Asia,
Africa and Mauritius, where populations are growing fastest and where
demand for high-quality supplements and healthcare products is also
likely to continue to increase.
Expanding access and doing business responsibly
We focus our corporate responsibility (CR) work in two areas: expanding
consumer reach to healthcare and doing business responsibly. This
combination of responsible business and making supplements accessible
are important elements supporting our company mission, vision and
strategy.
To help us find ways to improve access to our nutritional products for as
many people as possible, we offer an array of approaches, including
innovative, sustainable business models; commercial models; education
models; healthcare assistance programs and philanthropic efforts.
To help us become a trusted leader in changing the healthcare from
curative to preventive, we are taking steps to ensure our standards align
with society’s increasingly high expectations by strengthening our
compliance function, continuing to educate our associates, and changing
how we interact with customers. At the same time, we are working to
increase our environmental sustainability.
Corporate responsibility is endorsed and ingrained at the highest level in
the company. Board of Directors of Deccan Healthcare specifically
oversees the company’s strategy and governance on corporate
responsibility topics that may affect the company’s business and
reputation. The engagement and dedication of our associates help bring
all of these initiatives to life. We are committed to transparent reporting.
Our Annual Report serves as our primary reporting mechanism for
corporate responsibility. We engage with our diverse stakeholders to
understand their needs and expectations, and to improve access to
healthcare and nutrition. We track key performance indicators on access,
people and ethics, and environmental sustainability.