| Sr. |
Business Principle |
Actions |
| 1. |
Business conducted with ethics, transparency, and accountability |
- Ethical behavior at all levels across the Company - every employee of the Company conducts himself with professionalism, honesty, and integrity.
- Human Resources Manual covers internal code of conduct and business ethics abided by every employee. Genuine concerns of misconduct/ unlawful conduct reported in a responsible and confidential manner through the Company’s Vigil Mechanism.
- Transparency of operations by ensuring that the statutory disclosures are governed by the Code of Practices and Procedures for Fair Disclosure of Unpublished Price Sensitive Information, Determination of Materiality Policy, etc. All necessary disclosures are published on regular basis on website.
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| 2. |
Providing goods and services that are safe and contribute to sustainability |
- Implementing principles of sustainability into various stages of product or service lifecycle, including procurement of raw material/ service, manufacturing products or delivery of service, transportation of raw materials and finished goods, and disposal by consumers.
- Manufacturing processes and technologies required to produce its products are resource efficient and sustainable, even while designing products.
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| 3. |
Promoting the well-being of all employees |
- Provision of ample opportunities of growth - encouraging employees to suo moto take up initiatives in the interest of the Company so that they are motivated, result oriented and committed to achieve excellence in their domain.
- Strict policy against child and involuntary labour, in any of its offices and plants. Ensure fair, timely and transparent payment of statutory wages to all employees without discrimination.
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| 4. |
Respecting the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized |
- Identifies its stakeholders, understands their concerns, and commits to engage with them. We acknowledge, assume responsibility and are transparent about the impact of our policies, decisions, products, services, and associated operations on the stakeholders.
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| 5. |
Respecting and promote human rights |
- Respect Company’s impact on immediate communities. We believe that local issues are most appropriately addressed at the local level. Committed to creating economic opportunity and fostering goodwill in the communities through locally relevant initiatives.
- Promotes awareness and realization of human rights across its value chain.
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| 6. |
Respect, protect, and make efforts to restore the environment |
- Strive to utilize natural and manmade resources in an optimal and responsible manner and ensure the sustainability of resources by reducing, reusing, recycling and managing waste.
- Seek to improve our environmental performance by adopting cleaner production methods, promoting use of energy efficient and environment friendly technologies and use of renewable energy.
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| 7. |
Association with relevant authorities based on integrity |
- Engagement with the relevant authorities is guided by values of commitment, integrity, transparency, and the need to balance interest of diverse stakeholders. Engage with industry bodies and associations to influence public and regulatory policy in a responsible manner.
- Works with industry organizations which are engaged in policy advocacy in a responsible manner and ensure that advocacy position remains consistent with its values and philosophy.
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| 8. |
Support inclusive growth and equitable development |
- Ensure protection of interest of all its stakeholders. To achieve inclusive growth and equitable development, we engage in various CSR projects.
- Innovate and invest in products, technologies and processes that promote the well-being of society and make efforts to complement and support the development priorities at local and national levels.
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| 9. |
Provide value to customers and consumers in a responsible manner |
- Disclose all information truthfully and factually as per applicable laws and educates customers through product labelling, advertisements, van activities, factory visits, trainings to dealers, and other associates.
- Adequate consumer feedback mechanism in place to address consumer concerns and feedback. Also ensure customers’ data collected does not infringe upon the right of privacy of its customers.
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