Takeda Pharma's India operations become United Nations Global Compact signatory

Published On 2022-09-27 07:45 GMT   |   Update On 2022-09-27 07:46 GMT

New Delhi: Takeda Pharmaceutical Company Limited has announced that its India operations have become a signatory of the United Nations Global Compact (UNGC), the largest sustainability initiative globally.

"As a signatory, Takeda has committed to adopting the Ten Principles of the UNGC which are derived from the Universal Declaration of Human Rights, the International Labour Organization's Declaration on Fundamental Principles and Rights at Work, the Rio Declaration on Environment and Development, and the United Nations Convention Against Corruption," the release stated.

Ratnesh Kumar, Executive Director, UN-GCNI said, "The commitment to support UNGC Principles & Sustainable Development Goals (SDGs) has encouraged socially responsible organizations to join the Global Compact initiative. We are delighted to welcome Takeda India into the GCN family and look forward to jointly pursuing goal-oriented initiatives towards the advancement of UN Global Compact's mandates."

Speaking on the announcement, Ms. Serina Fischer, General Manager for Takeda in India said, "Takeda is proud to have a values-based culture as its strong foundation. Our Global Code of Conduct is based on principles that are organized around Patient-Trust-Reputation-Business in that order. It embodies the spirit of Takeda — what we stand for and how we conduct ourselves. We are proud to become a signatory to adopt the Ten Principles of UNGC which is another step in bringing our global code of conduct to life and at the same time enables us in contributing to sustainable development goals (SDGs) while advocating for responsible business practices."

"We're focused on accelerating Environmental, Social, and Governance (ESG) initiatives across our business and look forward to working with the UNGC to make more progress toward the sustainable development goals (SDGs). Takeda in India is already a member of the UNGC's Centre of Excellence for Governance, Ethics and Transparency (CEGET) and Anti-Corruption Collective Action Work Group (ACCA) focused on shaping governance transparency and anti-corruption initiatives" said Dr. Ruchi Sogarwal, Head of Public Affairs and Patient Advocacy for Takeda India.

The UNGCN is the world's largest corporate sustainability initiative having 14000+ companies, 3800+ non-business partners based on 169 countries. The UN Global Compact is a principle-based framework for businesses, stating ten principles in the areas of human rights, labor, the environment and anti-corruption. Under the Global Compact, companies are brought together with UN agencies, labor groups and civil society.

Read also: Takeda Dengue vaccine TAK-003 provides continued protection against dengue fever through 4.5 years in trial

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