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Our commitment to robust corporate governance influences every aspect of our operations. As a listed Company, we comply with all relevant laws, regulations and governance standards mandated by the Stock Exchange Board of India. Going beyond these basics, we uphold high standards of individual integrity, business ethics, labour practices and environmental management.
We continually review and update our policies to keep them relevant and accessible to stakeholders. Internal and external audits help us assess adherence to standards, laws and reporting regulations, providing valuable insights for management and shareholders.
The Syngene Board comprises a diverse mix of directors, including executive, non-executive and independent members. With complementary skills and experience, our Board ensures independent, objective and effective oversight and decision-making. The Nomination and Remuneration Committee is tasked with identifying and evaluating suitable candidates for the Board.
Chaired by our Managing Director & CEO, the Executive ESG Council oversees our environmental, social and governance (ESG) performance. It includes key executives responsible for maintaining ESG oversight and reporting to the Stakeholder Relationship and ESG Committee of the Board.
Audit committee
Risk management committee
Stakeholders relationship & ESG committee
Corporate social responsibility committee
Nomination & remuneration committee
Science & technology committee
Our Board diversity policy emphasizes the importance of varied expertise, backgrounds and industry knowledge. All Board appointments are made based on merit, ensuring a balanced mix of skills necessary for effective governance. In FY24, 44% of Syngene's Board members were female.
Our MD & CEO oversees the implementation of our ESG strategy, with support from the Executive ESG Council. Regular updates are provided to the Stakeholders Relationship and ESG Committee, while an ESG working group drives initiatives across our operations.
Our employee code of conduct sets clear expectations regarding matters such as conflict of interest, workplace harassment and anti-corruption. A dedicated business ethics team monitors compliance and a proprietary compliance tool, Synpliance, tracks adherence to standards and regulations. The Code of Conduct is being revised with additional provisions on key areas such as anti-bribery, conflict of interest, fair employment, fair competition and social media usage guidelines.
Code of Ethics and Business Conduct
We extend our commitment to ethical business practices to our suppliers, contractors and business associates through our Supplier Code of Conduct. Prior to onboarding, suppliers undergo due diligence in areas such as corruption and labour standards.
Supplier Code of ConductWe provide various channels for stakeholders to report non-compliance concerns, ensuring confidentiality and non-retaliation for whistleblowers. In FY24, eight whistle-blower complaints were received, all of which were thoroughly investigated and closed.
We prioritize training on our Code of Conduct, anti-bribery, anti-corruption and prevention of sexual harassment for all employees. Board members also undergo familiarization Programs on critical subjects like cybersecurity and strategic planning.
Syngene actively engages with industry associations and advocacy organizations to play a significant role in shaping industry standards and practices.
CSR partners
R&D, manufacturing and other commercial clients
Vendors
Local and national authorities
Media
Employees
Investors/ shareholders
Quality stakeholders
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