Siddhalepa rated "Gold in Corporate Accountability"
Siddhalepa has excelled in all key attributes of Corporate
Accountability to merit gold status in the country's first "Report Card"
presented by LMD-Sri Lanka's leading business magazine. We are delighted
to have been selected for "gold status" in this benchmarking exercise
undertaken by Sting Consultants to provide a rating that reflect the
holistic nature of the companies' accountability status.
The evaluation was done on 7 major attributes namely corporate
values, identifying risks and opportunities, policy coverage,
stakeholder engagement, management and measurement, workplace practices
and public disclosure. The rating system is designed on assessing the
performance of individual business and its commitment to implement
processes and systems through a strategic operation model.
The corporate values of Siddhalepa included continuous innovation,
adherence to cultural values and strong commitment to customer
satisfaction. Siddhalepa has moved seamlessly into a modern health and
wellness business keeping centuries old system of medicine intact and is
confident that this can be sustained for future generation as well. One
of the key areas of focus for Siddhalepa in the sphere of Corporate
Accountability is its own version of sustainability - one with a Sri
Lankan flavour.
In identifying the opportunities, Siddhalepa was the pioneer in
manufacturing and marketing natural and Ayurvedic preparations on
commercial scale dating back to early 1970s.
Siddhalepa has reached every temple and school in the island through
its CSR and environment protection policies, which have been an integral
part of Siddhalepa ethos. Its dental clinics conducted at various
schools in rural areas and herbal garden projects have been highly
commended by the public. Siddhalepa CSR has been a shining example for
other business organisations too.
Siddhalepa has been maintaining a strong relationship with its
stakeholders and provides management training and hands on experience to
an islandwide network of retailers and wholesalers to uplift their
performance. It supports growers who supply raw materials for its
products and sees to it that only environmentally and socially
acceptable materials are used in the manufacturing process. This ranking
is a very good platform for Siddhalepa to exhibit its concern for
customers. Since 1978, to strengthen the relationship with the end users
Siddhalepa has been carrying out regular welfare programs and consumer
researches at Sripada. The company provides free meals, housing loans,
medical and insurance facilities to its staff and contributes to their
family needs.
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