Quality & Compliance.

Stericon is an ISO 13485 certified company by DNV GL Presafe, Norway.

Stericon’s Contact Lens Cleaning Solutions are CE certified by DNV GL Presafe, which certifies that the products comply with the applicable requirements of the European Medical Device Directive. The CE Certificate authorises the free movement/marketing of Stericon’s Contact Lens Cleaning Solutions in all European Union countries.

Stericon is also BRC (British Retail Consortium) Certified by SGS, UK. This certifies Stericon to supply to UK retail chains through a strategic manufacturing alliance with EM Pharma UK for supply to Tesco, Boots, etc.

The Stericon manufacturing facility in Bangalore has also been audited and approved by TESCO, UK, Morrisons and other UK retail chain stores.

Stericon is a member of SEDEX, UK (Supplier Ethical Data Exchange) and is committed to continuous improvement of its ethical performance. Stericon also undergoes yearly Social and Ethical audits by various international organisations.

See all certifications.

CSR Policy

1.Preface:

Corporate Social Responsibility (CSR) is the way and mean through which corporates can repay the obligations made by the Society by contributing the resources in its various forms as required for the efficient operation of the Business. Corporate Social Responsibility is strongly connected with the principles of sustainability. Organization should make decisions based not only on financial or operational factors, but also on the social and environmental consequences. Therefore, it is the core corporate responsibility of STERICON to practice its corporate values through its commitment to grow in a socially and environmentally responsible way, while meeting the interests of its stakeholders.

2. Objective and Purpose:

The key purpose of this Policy is to:

1. Promote education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects.

2. Promote gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.

3. Promote sports activities.

4. Provide medical relief and rehabilitation to communities who either don’t have access to quality health care or cannot afford it;

5. Contribution to the Prime Minister’s National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women.

6. Support activities as prescribed in Schedule VII of the Companies Act, 2013.

3. Applicability:

CSR Policy is applicable to Stericon Pharma Private Limited which are mandated with the CSR expenditure obligations as per Section 135 of the Companies Act, 2013 (‘the Act’) read with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time.

4. Scope of CSR Policy:

This Policy applies to all CSR activities that will be undertaken by Stericon and shall fulfil all the requirements of Section 135 of the Companies Act, 2013 and rules made thereunder. Stericon shall ensure all these activities are over and above the normal course of business and are in line with Schedule VII of the Companies Act, 2013. This Policy will be periodically reviewed and updated in line with the relevant codes of legislation and best practices that can be adopted by Stericon.

5. Undertaking CSR activities:

Stericon will undertake CSR activities in partnership with a registered public trust or a registered society, registered under section 12A and 80G of the Income Tax Act, 1961 or such other entities prescribed under the Act, who are engaged in activities or programs which fall within the purview of Stericon’s CSR Policy.

6. CSR Committee:

The requirement for constitution of the Corporate Social Responsibility Committee is not applicable to Stericon as the amount spent for CSR activities does not exceed fifty lakhs rupees. Therefore, the functions of such committee provided under Section 135 shall be discharged by the Board Directors of company.

7. CSR Contributions:

The Company will endeavour to contribute and spend at least 2% of the average net profits of the Company made during the three immediately preceding financial years or such amount as may be recommended by the Board from time to time in pursuance of this Policy.

8. CSR Expenditure:

If the Company spends an amount in excess of the requirements provided under the Act, then the Company may set off such excess amount against the requirement to spend under sub-section 5 of Section 135 for such number of succeeding financial years and in such manner, as may be prescribed under the Act and rules made thereunder.

This CSR Policy is subject to such changes and amendments as may be notified by the Ministry of Corporate Affairs under Section 135 of the Companies Act, 2013 and rules made thereunder and the same shall be read in line with the provisions of the Act applicable to the Company from time to time.