Yatharth Hospital & Trauma Care Services Ltd., one of the leading healthcare players in India, has just released its Business Responsibility and Sustainability Report, BRSR, for FY 2023-24. As healthcare goes deep into the evolving era, the company continues to believe in quality medical services at the heart with an amalgamation of sustainability, social responsibility, and ethical governance. The report underlines various areas of environmental impact, employee welfare, and responsible governance as some of the key elements where the hospital is steadily making efforts to align business operations with responsible practices.
Responsibly Leading the Healthcare Sector
Yatharth Hospitals was established in 2008 with the dream of offering quality healthcare services while adopting sustainability practices. Operating in numerous states of India, Yatharth Hospitals aims at continuous segregation of spots on ESG factors and, more importantly, for its employees, the patients it serves, and the communities. The 2023-24 BRSR enlisted several measures taken to ensure that Yatharth not only complies with or strives to surpass each regulatory requirement related to waste management and energy consumption but maintains social equity too.
Environmental Sustainability and Waste Management
Primary areas of focus for Yatharth Hospitals over the last year have been the reduction in ecological footprint. The bio-medical waste management at this hospital is adhering stringently to the guidelines set by the Government of India under the Bio-Medical Waste Management Rules, 2016. Proper segregation, treatment, and disposal of biomedical waste minimize environmental and health hazards, thus ensuring a cleaner and safer environment for all stakeholders.
Apart from waste management, the energy consumption in this hospital has been highly streamlined. The continuous process of monitoring and undertaking strategic energy management initiatives has helped Yatharth reduce its dependence on non-renewable sources while additionally working out options for renewable energy adoption. This aligns with the general philosophy of environmental protection and resource conservation.
Social Responsibility and Welfare of the Employees
Yatharth Hospitals follows a very human-centered approach toward the care of its employees. The organization is committed to building an inclusive work culture based on equal opportunities and growth for all employees. In 2023-24, the hospital imparted a wide range of training on subjects related to infection control, disaster management, fire safety, etc. These initiatives ensure that all staff are equipped with the knowledge and skills to respond effectively in critical situations, ensuring patient safety and quality of care.
Further, the hospital policies have risen to the level of human rights, with stringent anti-harassment and nondiscrimination policies fully in place. Yatharth has instituted an appropriate grievance redressal mechanism to ensure that help and resolution are at hand for all employees on any workplace grievance.
Governance and Ethical Practices
Governance remains the foremost priority for Yatharth Hospitals, and, accordingly, its risk management committee oversees different aspects of ESG responsibility according to the national guidelines. Hence, this section includes governance-related information on the interaction of the hospital with stakeholders through transparency and accountability in the form of policies.
Yatharth’s ethical policy coverage also ranges from overall business practices to assurance of integrity and wholeness of adherence to regulatory imperatives. The company has adopted National Guidelines on Responsible Business Conduct issued by the Ministry of Corporate Affairs and attempts to align its business operations in tune with nationally and internationally accepted ethical practices.
Outlook Ahead
In the future, Yatharth Hospitals is committed to further strengthening its efforts for sustainability by optimizing resource utilization and increasing the component of renewable energy. Innovation is in view, intending to introduce new technologies that enhance operational efficiency with the least environmental impact. Long-term, the strategy also involves deepening its social responsibility initiatives through more community engagement and investing in healthcare access for underprivileged populations.
Conclusion
Yatharth Hospitals has emerged as a leader in the healthcare sector by imbibing responsible business practices as an integral part of its core operations. It stands as testimony to its commitment to sustainability, governance, and welfare of employees through its Business Responsibility and Sustainability Report for 2023-24. With due consideration of environmental conservation, ethical business practices, and social equity, Yatharth Hospitals set a benchmark for responsible healthcare services in India.
Source: BRSR
Credit: Yatharth Hospital & Trauma Care Services Ltd.