Unlocking wealth together through Alternative Risk Financing Solutions.
1. Introduction
Cell Insurance is a leading provider of innovative insurance, risk management, and financing solutions for all sectors of the economy. The Group is built on a philosophy anchored on providing ALTERNATIVE RISK TRANSFER (ART) solutions. The Group comprises three business units: Cell Insurance Company Private Limited, CellMed Health Medical Fund, and Nectacare Pvt Ltd. In recognition of the significance of sustainable development to our business operations, we are committed to integrating Environmental and Social Governance (ESG) principles into all our processes, products, services, and activities.
2. Purpose and commitment
Our business recognizes that ESG is a business imperative with relevance to our organization and its stakeholders. We have taken conscious steps to adopt international standards on ESG, as a key driver for our good corporate citizenship. In pursuit of this endeavour, we are committed to:
-
- Mainstreaming ESG in all business processes, adopting practices which address environmental, social, and governance considerations in all aspects of our operations.
-
- Transparency, through adopting the practice of ESG reporting to inform our stakeholders of the organisation’s sustainability performance and its progress to enhance trust and credibility of our ESG performance.
-
- Implementing ESG initiatives that address stakeholders’ needs, including assisting less privileged members of our community.
-
- Integrating sustainability principles in insurance, risk management, and financing solutions of the organisation.
-
- Promoting the integration of Sustainable Development Goals (SDGs) into organisational processes, indicators tracking, and corporate sustainability disclosures.
-
- Adopting ESG Strategies and Action plans that facilitate the attainment of measurable ESG results and impact.
-
- Complying with ESG regulations and policy requirements, which may impinge on the organisation.
-
- Continually improving our ESG performance in line with set ESG targets and international best practices.
-
- Building a long-lasting adherence to ESG amongst our employees, contractors, and stakeholders.
-
- Stakeholder engagement on matters of ESG, to ensure that our ESG initiatives, programmes, and projects are “stakeholder-centred”.
-
- Sustain effective governance, accountability, and oversight capabilities on ESG across the group and its business units.
-
- Supporting the development of competencies, training, awareness, and skills to tackle both existing and emerging ESG issues relevant to the business.
-
- Carrying out Annual ESG Materiality Assessments, to identify, anticipate, assess, evaluate, and monitor positive and potentially negative ESG issues that are relevant to our operations.
The Board and Management are committed to ensuring continual improvement of the organisation’s ESG performance and aligning it with the global landscape of ESG standards.
3. Review of policy statement
The policy must be reviewed by the Executive Committee on as and when appropriate and changes approved by the Board.
This Environmental Social and Governance Policy was adopted by the Board on the day of October 2025
Signed by: Group C.E.O. & Board Chairperson