Table of Contents Table of Contents
Previous Page  74 / 236 Next Page
Information
Show Menu
Previous Page 74 / 236 Next Page
Page Background

Atul Ltd | Annual Report 2016-17

03. Does the Company identify and assess potential environmental risks?

The Company identifies and assesses potential environmental risks for its existing and new products.

04. Does the Company have any project related to Clean Development Mechanism and if so, details thereof and whether any

environmental compliance report is filed?

The Company does not have any project related to Clean Development Mechanism.

The Company is continuously improving its environmental performance for its existing products and undertakes thorough

investigation for new products. It drops any project, even if financially viable, if it does not meet norms of CPCB I SPCB.

05. Has the Company undertaken any other initiatives on clean technology, energy efficiency, renewable energy, etc? If so, what

is the URL?

The Company regularly undertakes many initiatives related to clean technology, energy efficiency, renewable energy, etc

For example, it has implemented a new caustic | chlorine project with membrane technology and installed 2 wind turbines.

It recovers products from effluents | emissions | wastes. At present, it does not have any URL.

06. Are the emissions | waste generated by the Company within permissible limits given by CPCB | SPCB for 2016-17?

The effluents I emissions I wastes generated by the manufacturing facilities of the Company are within the permissible limits

given by CPCB I SPCB for 2016-17.

07. Number of show cause | legal notices received from CPCB | SPCB which are pending (not resolved to satisfaction) as of end

of 2016-17.

There were no pending show cause notices as on March 31, 2017.

Principle 7: Policy advocacy

Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner.

01. Is the Company a member of any trade chamber or association?

The Company is a member of various associations such as:

i) Basic Chemicals, Cosmetics and Dyes Export Promotion Council

ii) Chemical and Allied Export Promotion Council of India

iii) Confederation of Indian Industry

iv) Crop Care Federation of India

v) Federation of Indian Chambers of Commerce and Industry

vi) Federation of Indian Export Organisations

vii) Pesticides Manufacturers and Formulators Association

02. Has the Company advocated | lobbied through above associations for advancement or improvement of public good?

If so, which are the broad areas?

The Company works with the trade associations from time to time for advancement or improvement of public good.

For example, it worked with such associations and on its own for rationalisation of duty structure (excise and customs).

Principle 8: Equitable development

Businesses should support inclusive growth and equitable development.

01. Does the Company have specified programs | projects | initiatives in pursuit of the Policy related to equitable development?

If so, what are the details thereof?

The Company has 6 programs, namely, Education, Empowerment, Health, Relief, Conservation and Infrastructure

in support of inclusive growth and equitable development. Serving the society is embedded in its working since its inception

– for example, its first site was established not only as a factory, but an integrated township. The details of initiatives

undertaken for such programs are given at page numbers 16 and 17.

02. Are the programs | projects undertaken through in-house teams | own foundation | external NGOs |Government structures |

any other organisation?

The Company undertakes projects through Atul Foundation (a trust established by the Company), NGOs and other

selected trusts.

03. Has the Company done any impact assessment of its initiatives?

Every initiative is monitored and reviewed for its effective implementation, quantitatively and qualitatively.

04. What is the direct contribution of the Company towards community development in terms of amount (in

`

) and what are

the details of the projects I initiatives undertaken?

The direct contribution of the Company was

`

659.94 lakhs (2016-17); details of the projects | initiatives undertaken are

mentioned at page number 29.