Sandhya J, CFO, Narayana Health, Sustainable Success
Sandhya J, CFO, Narayana Health, was honoured with the Gold for Sustained Wealth Creation at BW Businessworld’s Best CFO Awards
The core mission of Narayana Health is to provide high-quality healthcare services that are affordable to a wider population in India. This mission is guided by core values, including innovation, compassionate care, accountability, respect for all and excellence as a culture.
In 2014, Narayana Health attracted significant investment from the US Centers for Disease Control and Prevention (CDC), a key investor, which showed confidence in its vision. This investment allowed Narayana Health to focus on implementing high environmental and social (E&S) management standards across its hospitals.
Collaborating closely with CDC, Narayana Health developed a dedicated Environmental, Social and Governance (ESG) team and worked on enhancing environmental management systems. This move was crucial as the demand for transparent and sustainable business practices was at an all-time high.
To further align with these demands, Narayana Health conducted exercises to formulate an ESG strategy, engaging both internal and external stakeholders. This included a comprehensive ESG materiality assessment carried out once in three years to prioritise significant ESG issues relevant to the business and stakeholders.
These initiatives have led to tangible results such as improved environmental management, enhanced community engagement and strengthened corporate governance, ensuring Narayana Health’s continued success in delivering quality healthcare services while remaining financially robust.