||Business should conduct and govern themselves with ethics, Transparency and Accountability.
|| Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle.
|| Businesses should promote the well- being of all employees.
||Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized.
||Businesses should respect and promote human rights
||Business should respect, protect, and make efforts to restore the environment.
||Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner.
|| Businesses should support inclusive growth and equitable development.
||Businesses should engage with and provide value to their customers and consumers in a responsible manner.
||P1 P2 P3 P4 P5 P6 P7 P8 P9
||Do you have policy/policies for…..
||Yes. To comply with the guidelines, the Company has formulated policies and Standard operating procedures (SOPs) to provide clarity to the operating personnel at various levels.
||Has the policy being formulated in consultation with the relevant stakeholder?
||The Company has formulated the policies, SOPs and adopted best practices by considering inputs, feedback and sensitivities of the stakeholders, wherever practicable
|| Does the policy conform to any national/ international standards? If yes, specify? (50 words)
||Yes, the policies/practices broadly conform to the National Voluntary Guidelines (NVGs) issued by the Ministry of Corporate Affairs, Government of India, July 2011.
|| Has the policy been approved by the Board? If yes, has it been signed by MD/owner/ CEO/appropriate Board Director?
||Policies have been approved by the Board wherever it is mandatorily required and signed by the Whole Time Director of the Company
||Does the company have a specified committee of the Board/Director/Official to oversee the implementation of the policy?
||The BR initiatives are informally led by the Whole Time Director in conjunction with the CSR Committee?
||Indicate the link for the policy to be viewed online?
||The Company will be formalizing its BR policies in the due course. The BR initiatives are presently governed by Policies (Code of conduct, whistle blower policy, Corporate Social Responsibility Policy, Code of Fair Disclosure) and SOPs (Environment Occupational Health & Safety Policy, Policy of Sexually Harassment, Quality Policy) The link for the Policies: http://www.triveniturbines.com/key-policies
||Has the policy been formally communicated to all relevant internal and external stakeholders?
||The internal stakeholders have been made aware of the policies. External Stakeholders are communicated to the extent applicable. The mandatory Policies are also updated on the website of the Company.
||Does the company have in-house structure to implement the policy/policies
||Y Y Y Y Y Y Y Y Y
||Does the Company have a grievance redressal mechanism related to the policy/ policies to address stakeholders’ grievances related to the policy/policies
||The Company has an effective system of recording comments / complaints of the stake holders relating to above policies and there is a time bound approach to resolve such complaints in a fair manner
||Has the Company carried out independent audit/evaluation of the working of this policy by an internal or external agency?
||Apart from self certification and discussions in meetings of crossfunctional teams, certain areas related to EHS, customer satisfaction and quality are subject to internal audit by independent third party agencies. The compliance is also evaluated during the process of certification of various international quality standards.