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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 companies’ accountability status.

The evaluation was done on 7 major attributors namely corporate values, Identifying risks and opportunities, Policy coverage, Stakeholder engagement,

Management & 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 continues 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 a commercial scale dating back to early 1970 s.

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 signing example for other business organizations too.

Siddhalepa has been maintaining a strong relationship with its stakeholders and provides management training and hands on experience to an island wide 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 programmes 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.

The Postgraduate Institute of Management named Siddhalepa as one of the best-managed companies in Sri Lanka. It has now received ISO 9001, ISO 14001 and GMP Certification and currently working for obtaining HACCP. Siddhalepa achieved Superbrand status in 2006 and was ranked as one of the top hundred brands in Sri Lanka. Siddhalepa Corporate Governance has set high standards of best business practices and accountability.