Press Release

Lupin Labs wins Businessworld-FICCI-SEDF CSR Award 2003

Section :Print Briefs, Category : Media

Lupin Laboratories has bagged the Businessworld-FICCI-SEDF CSR Award 2003 for its commendable contribution in the field of community development. The company has taken significant initiatives towards empowering women in Bharatpur district of Rajasthan by encouraging self-help groups. Lupin has also undertaken remarkable projects to upgrade water, agriculture, income generating programmes and health. The company has been able to suitably influence the government on policies issues.

The Businessworld FICCI-SEDF Corporate Social Responsibility Award - the first in its category - was constituted in 1999 to recognise the efforts of the most socially responsive company every year. The methodology for selecting the winners included an initial evaluation by KPMG and validation through field visits by 'Partners in Change' - a leading exponent of CSR. An eminent jury - comprising Soli Sorabjee, attorney general of India, Naina Lal Kidwai, vice-chairman & MD, HSBC Securities & Capital Markets (India) and Prof Abid Husain, former Ambassador to the USA - evaluated the short-listed entries..

The first runners-up prize was given to Canara Bank for its contribution towards social development programmes including education, self-help group formation, health, income generation programmes and micro financing. Gujrat Ambuja Cements was nominated as the second runners-up for recognising the impact of its business on environment and society. The company's initiatives are spanned across seven states targeting the marginalised population in the society.

During the occasion, certificates of honour were awarded to Indal, ITC and Wipro for outstanding contributions in the field of CSR.