Leading Mid-Corporates of India 2023

Leading Mid-Corporates of India 2023 | 29 [ EXPERT’S VIEW ] [ BRANDED CONTENT ] INDFRAGBIOSCIENCES-INTRODUCTION Established in 1989, Indfrag Biosciences Private Limited (IndBio) has evolved from being a provider of flower essence extracts for perfumes to becoming a leading manufacturer of botanical extracts, oils, and specific flavorings for renowned global cosmetics brands and the food industry. Over the past three and a half decades, our journey has been marked by significant milestones, including the successful launch of our premier ingredient Centella Asiatica in 2012, the initiation of our Sustainability Program in 2015, and our achievement of carbon neutrality in 2021. Headquartered in Bengaluru, India, IndBio operates internationally with an office in Singapore and warehousing facilities in India and France. People and their well-being continue to be a key area of consideration for us at IndBio. We are committed to improving the quality of life for our workforce by delivering remuneration that exceeds prescribed wage levels and enabling access to school education in order to discourage child labor. The global climate crisis has made it imperative for us to continually reinforce the resilience of our supply chain. We are actively involved with capacity building and embedding sustainable practices in the procurement process. We have four Business Objectives namely: • Uplift livelihoods and good working conditions • Build environmentally sustainable business practices • Strengthen business growth and stability • Take responsibility towards climate change beyond business LONG–TERMFOCUSONSUSTAINABILITY We began our sustainability journey in 2014 and have consistently strengthened our resolve to contribute to the enhanced resilience of the natural and social environments, and to the sustainable growth of IndBio. It is our firm belief that the economic growth of an organization and its sustainability trajectory are closely intertwined. At IndBio, we believe that business expansion and enhancing the sustainability initiatives of the organization go hand in hand. In our approach, the journey towards sustainability stimulates profitability, which in turn enables us to invest in initiatives that maximize benefits for the social and environmental ecosystems surrounding us. The focus areas and goals further align with multiple UN Sustainable Development Goals (SDGs) which represent a blueprint for UN member nations to formulate plans and take action to end poverty, protect the planet, and ensure that all people enjoy peace and prosperity by 2030. We aim to create • A resilient planet, and happier communities by leveraging upon sustainability-driven innovation • A positive impact on planet, people, products • Truly sustainable products, regenerated ecosystems, and uplifted communities For comprehensive information about our company’s history, operations, and diverse range of products, we invite you to visit our corporate website at https://www.Indfragbiosciences.com Dun & Bradstreet