P1 |
Business should conduct and govern themselves with ethics, Transparency and Accountability. |
P2 |
Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle. |
P3 |
Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle. |
P4 |
Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are
disadvantaged, vulnerable and marginalized. |
P5 |
Businesses should respect and promote human rights |
P6 |
Business should respect, protect, and make efforts to restore the environment. |
P7 |
Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner. |
P8 |
Businesses should support inclusive growth and equitable development. |
P9 |
Businesses should engage with and provide value to their customers and consumers in a responsible manner. |
S No. |
Questions |
P1 P2 P3 P4 P5 P6 P7 P8 P9 |
1 |
Do you have policy/policies for BR |
Yes. The Company has policy for Business Responsibility.
Besides, the Company has formulated policies and standard
operating procedure (SOP) to provide clarity to its personnel at
various operating level. |
2 |
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 stake holders, wherever practicable. |
3 |
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 |
4 |
Has the policy being 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 Executive Director |
5 |
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 ExecutiveDirector
under guidance of CSR Committee and overall supervision of the
Board of Directors. |
6 |
Indicate the link for the policy to be viewed online? |
The BR initiatives are presently governed by various Policies
(such as 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) |
7 |
Has the policy been formally communicated to all
relevant internal and external stakeholders? |
The internal stakeholders have been made aware of the policies.
SOPs are distributed to all HODs for wide circulation. External
Stakeholders are communicated to the extent applicable and
relevant. The mandatory policies are also updated on the website
of the Company. |
8 |
Does the Company have in-house structure to
implement the policy/policies |
Y Y Y Y Y Y Y Y Y |
9 |
Does the Company have a grievanceredressal
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 and relating to above policies
and there is a time bound approach to resolve such complaints
in a fair manner. |
10 |
Has the Company carried out independent audit/
evaluation of the working of this policy by an internal
or external agency? |
Apart from self-certification, 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 and domain expert consultants.
The compliance is also evaluated during the process of
certification of various international quality standards. The
spending and controls of corporate social responsibility are
audited by statutory auditors. |