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Corporate Social Responsibility at Biocon

Biocon's Corporate Social Responsibility (CSR) initiatives, established in 2004, are deeply rooted in the principle of making a lasting impact through programs that promote social and economic inclusion. As a leading biopharmaceutical company, Biocon has consistently integrated CSR into its business model, demonstrating a steadfast commitment to innovation, affordability, and accessibility in healthcare. Over the past decade, Biocon has significantly invested in various CSR programs to improve the lives of marginalized communities, embodying its vision of inclusive growth and sustainable development.

CSR Vision

To promote social and economic inclusion by ensuring that marginalized communities have equal access to healthcare services, educational opportunities, and proper civic infrastructure.
To create a globally competitive Biotech ecosystem in India through skill development.
To bridge the gap of gender disparity in education, healthcare and employment.
To create a platform for promoting the rich Art & Culture of the country and sensitizing the communities to appreciate fine arts.

CSR Philosophy

Biocon acknowledges its responsibility towards all stakeholders, including the environment, consumers, employees, and the wider community. Their CSR philosophy emphasizes:

Funding innovative projects in healthcare and education that can be scaled up by the government.
Collaborating with government and like-minded organizations to maximize impact and ensure transparency.

CSR Approach

Affordable.…Accessible…... Innovative... Inclusive…..Transparent…Technology driven…Sustainable

CSR Programs

Biocon’s CSR activities are implemented through various channels, ensuring a broad and effective reach:

Biocon Foundation: Develops and implements healthcare, educational, and infrastructure projects for marginalized sections of society. It also promotes the rich art and culture of India, supporting artists and sensitizing communities.
Biocon Academy: Aims to address the skill deficit in the biotechnology sector by providing advanced learning and industrial training to make individuals employable.
External Partners: Collaborates with organizations that have a proven track record in CSR.

Focus Areas

Biocon's CSR programs target key areas to create a ripple effect of positive change:

Healthcare: Focuses on preventive care, primary healthcare accessibility, and even tertiary care for complex medical needs.
Education and Training: Provides educational opportunities and advanced training through Biocon Academy.
Promoting Art & Culture: Celebrates and fosters appreciation for India's artistic heritage.