Atul Ltd 2019-20

78 Atul Ltd | Annual Report 2019-20 Corporate Overview Statutory Reports Financial Statements 01-21 22-91 92-228 3. Governance No. Questions Frequency a. What is the frequency with which the Board, Committee of the Board or the CEO assesses the BR performance? The WtD assesses the BR performance once a quarter. b. Whether BR and Sustainability reports are published and if so, its frequency and the URL of the published reports? Published annually URL: https://www.atul.co.in/wp-content/uploads/2020/02/BRR-2019-20.pdf Section E: Principle-wise performance Principle 1: Ethics, transparency and accountability Businesses must conduct and govern themselves with ethics, transparency and accountability. 1. Does the policy relating to ethics, bribery and corruption cover only the Company or does it extend to the Group | joint ventures | suppliers | contractors | NGOs | others? The policy extends to the Group | joint ventures | suppliers | contractors | NGOs | others. 2. Howmany stakeholders’ complaints have been received in 2019-20 and what percentage was satisfactorily resolved by the Management? During 2019-20, no such complaints were received from the stakeholders and there were no outstanding complaints as on March 31, 2020. Principle 2: Product lifecycle sustainability Businesses will provide goods and services that are safe and contribute to sustainability throughout their lifecycle. 1. List up to three products or services of the Company whose design(s) has (have) incorporated social or environmental concerns, risks and | or opportunities. i) para Cresol ii) Epoxy resins iii) Caustic | Chlorine 2. Does the Company have procedures in place for sustainable sourcing (including transportation)? If so, what percentage of inputs was sourced sustainably? The Company is in the process of institutionalising procedures for sustainable sourcing including transportation and communicated its Supplier Code of Conduct to all suppliers to follow. 3. Has the Company taken any steps to procure goods and services from local and small producers | providers, including communities surrounding its place of work? If so, what steps have been taken to improve their capacity and capability? The Company gives preference to local and small producers I providers of goods and services based near its manufacturing sites. Its managers regularly interact with such producers I providers of goods and services to improve their capacity and capability, particularly in the areas of manufacturing, fabrication, quality and environment, health and safety standards. 4. Does the Company have a mechanism to recycle its products and waste? If so, what percentage of products and waste is recycled (separately as <5%, 5-10%, >10%) and what are the details thereof? The Company has in-house facilities to recycle its waste and is continuously striving to minimise them. At present, it is recycling more than 10% of its waste. Ankleshwar manufacturing site is fully Zero Liquid Discharge (ZLD) and implementation is under progress to make many other plants ZLD. Projects to recover and recycle cooling tower blow down water and reuse of steam condensate as a boiler feed are in progress. In addition to the in-house facilities, it also works with selected companies which are duly authorised by the State Pollution Control Board (SPCB) for using such waste as their inputs.