IOLCP’s commitment is to ensure a fair and equitable working environment and transparent business practices. Social initiatives cover a number of activities. They include initiatives in terms of employment and skills development; covering matters such as job tenure, benefit systems, and worker protections; they also cover educational, charitable, and artistic provision; they include the participation and representation of employees in the governance of the enterprise. To name a few, we have Mediclaim and Group Personal Accident policies and insurance schemes covering the employee and his family, round the clock medical assistance, pension schemes like Superannuation Pension scheme (SAS from LIC of India) and EPF, Financial securities such as EPF and Gratuity and various Welfare initiatives.

Our motto “Stay Together Stay Focused” has bonded us like a one big family where we share our joys and problems together.

The protection of the environment is an integral part of IOLCP's business operations and community activism. The Company invests in the development of wastewater and effluent treatment systems, expanding the use of replenishing energy sources, limiting energy consumption and conserving scare water resources. Ongoing management audits, environment-designated customer surveys and systematic environmental audits are initiated and conducted by both Company management and employees. IOLCP's goal is that all of its plants, offices and facilities comply with environmental regulations and ordinances in the countries they operate, and the Company initiated a plan to achieve full compliance with ISO 14001.

IOLCP strives that all Company sites will prepare an annual Environmental Work Plan for long-term commitment and ongoing improvement, in accordance with the ISO 14001 Environment Management principles. These plans encompass environment audits; new environment procedures & standards; environmental committees & forums; controlling emissions; wastewater and solid waste; environmental risk management, training & enforcement; and business licensing, permit renewal & reporting. In addition, IOLCP conducts periodic monitoring of air emissions and wastewater discharge, with regular reporting the appropriate authorities.

IOLCP has adapted "Go Green" principles, with special units for designing environmentally-friendly production processes in place in the IBB and MCA Divisions, as well as for new imminent construction projects. In the energy sphere, guidelines are in place to use passive techniques for heating, cooling and air flow, improve air conditioning and heating systems, and use natural light and insulation.

We, IOL Chemicals and Pharmaceuticals Ltd., are in the business of manufacturing Industrial Chemicals and Active Pharmaceutical Ingredients. In consequence to this, our management is wholly committed for the protection and preservation of the environment with in and outside our premises through following ways:

• Incorporate Environmental management in all our business processes and practices.
• Strive to minimize adverse environmental impact by controlling emission, effluents and waste generation to prevent pollution.
• Optimum utilization of resources through our practices - Recovery of solvents, improvement in the yields, energy and water.
• Continuously upgrade the operating standards and EMS and to comply with applicable legalization and regulations.
• Create awareness about the EMS.
• Policy shall be reviewed periodically.

Varinder Gupta (Chairman & Managing Director)
Rev. No. 01
Eff. Dt. 13.03.2008

There are more children under the age of 14 in India than the entire population of the United States. The great challenge of India, as a developing country, is to provide nutrition, education and health care to these children.

Children under 14 constitute around 3.6% of the total labour force in India. Of these children, nine out of every ten work in their own rural family settings. Nearly 85% are engaged in traditional agricultural activities. Less than 9% work in manufacturing, services and repairs. Only about 0.8% works in factories.

While child labour is a complex problem that is rooted in poverty, there is unwavering commitment by the Government and the people of India to combat it. Success can be achieved only through social engineering on a major scale combined with national economic growth. We, at IOLCP ensures that the no person under the age of 18 years is employed with us directly or under contracted manpower and strictly comply with The Child Labour (Prohibition & Regulation) Act, 1986.