The achievement recognizes Natural Remedies’ commitment to conservation of biodiversity. Natural Remedies patented, branded products, are clinically-substantiated, scientifically-validated innovations. The company has contributed to improving the quality of Indian botanicals with an active participation in preparation of analytical monographs for various international pharmacopoeias. The company is also a leading manufacturer and supplier of phytochemical reference standards from Indian medicinal plants, which are being used for quality and research purposes globally.
“As a testimony to our vision to harness nature and apply science for health and happiness we’re delighted that Natural Remedies now joins an elite list of corporations to be recognized for its outstanding contribution to sustainable business practices,” said Anurag Agarwal, MD and CEO of Natural Remedies.
As part of its sustainability program, Natural Remedies conducted pesticide residue and heavy metals analysis beyond the specified limits of soil and water and trained the local farmers on how best to avoid pesticide residues. The company also worked with an NGO to train herb collectors in sustainable collection practices.
The organization’s biodiversity impact assessment covered ecosystem services. Impact assessment of the initiative included diversion, harvest, and percolation surface runoff on ground water, and recharge to borewells in the 90-acre vicinity of the factory site. It also assessed the impact on birds, reptiles, and small mammal populations in the surrounding region.
Natural Remedies used its multi-acre tree-based farming to achieve more stable incomes for farmers. It also formed a part of the adaptation to climate change and variability and reached out to programmers to target groups within India as well as other countries. This included an organic farmers’ network of an NGO and Infection Control Risk Assessment (ICRA), that teaches members how to contain pathogens, control airflow, and work without disrupting adjacent operations and functions as an Indian independent and professional investment information and credit rating agency.
CII-ITC Centre of Excellence for Sustainable Development is a non-profit, industry-led institution that helps businesses become sustainable organizations. CESD is on a mission to catalyze innovative ideas and solutions in India, as well as globally, enabling companies and its stakeholders to move toward sustainable value creation.