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Social Responsibilities Policy

Our Policy & Strategy

Our policy is to “To actively contribute to the social and economic development of the communities in which we operate. In so doing, we aim to build a better, sustainable way of life for the weaker sections of society and raise the country’s human development index”.

The Company is a firm believer in its core values and recognizes that, in order to succeed in today’s competitive business world, the Company must fulfill its multiple responsibilities towards multiple stakeholders.

The Company believes that, besides producing good financial benefits to its shareholders, it should maintain the dynamic relationship with its stakeholders, both local and global.

Corporate Social Responsibility (CSR) is a key component of the Company’s business strategy. Throughout its history of 45 years, the Company has worked diligently in implementing programs and practices that reflect our commitment and care.

Focus is on all-round continuous development of the communities through sustainable economic development around the plant locations.

Projects and Activities are planned through a participatory need assessment of the communities around the plants. This enables us to widen our reach to a larger section of society. Our partners in development are government bodies, district authorities, leaders of villages and the end beneficiaries ‘the villagers.

Our Focus Areas

We consider ourselves an integrated part of society, which rewards us with respectable returns on our investment. Our knowledgeable solutions and beneficial actions to contribute to community welfare & development help create value for the society at large. The Company is actively involved with local community in the implementation of various CSR projects that make difference to their lives. Our social responsibilities criteria span in following key areas and our single-minded goal here is to deliver superior value to our customers, shareholders, employees and society at large. Our focus areas are:
  1. 1. Fair Operating PracticesThe Company is committed to fair business practices, as enshrined in the Company’s vision and mission statement. The Company has published its Corporate Governance Policy so that the Company’s directors, executives and all employees can maintain high standards, morals and ethics at all times which can assist the Company to achieve its business goals, for the benefit of all stakeholders of the Company.
  2. 2. Anti-CorruptionThe Company enforces strict anti-corruption policies, including guidelines that prohibit bribery and improper gifts. Regular monitoring is conducted to identify risk areas. Any reported misconduct is investigated thoroughly, and appropriate disciplinary actions are taken.
  3. 3. Respect for Human RightsThe Company treats all employees with dignity and respect, does not employ child labor, and supports the formation of labor unions. Regular engagement with employee representatives ensures proper management of labor relations.
  4. 4. Fair Employment and TreatmentEqual opportunity is provided to all employees regardless of ethnicity, language, gender, or nationality. Recruitment, promotion, and compensation are based on merit and performance.
  5. 5. Environmental ProtectionThe Company assesses environmental risks across all operations and implements measures to comply with environmental standards and regulations.
  6. 6. Community and Social DevelopmentThe Company actively contributes to the development of surrounding communities by addressing real needs in areas such as infrastructure, healthcare, education, employment, and cultural preservation.
  7. 7. InnovationInnovation is encouraged in both products and processes to enhance competitiveness and long-term sustainability.