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2. Principles related to BR as per National Voluntary Guidelines
The National Voluntary Guidelines on Economic, Environmental and Social responsibilities of Businesses released by the
Ministry of Corporate Affairs has adopted nine principles related to BRR. These are as follows:
P1
Ethics, transparency and accountability
Businesses will conduct and govern themselves with ethics, transparency and accountability.
P2
Product lifecycle sustainability
Businesses will provide goods and services that are safe and contribute to sustainability throughout their lifecycle.
P3
Well-being of the employees
Businesses will promote the well-being of all employees.
P4
Engagement with the stakeholders
Businesses will respect the interests of and be responsive towards all the stakeholders, especially those who are
disadvantaged, marginalised and vulnerable.
P5
Human rights
Businesses will respect and promote human rights.
P6
Environment
Businesses will respect, protect and make efforts to restore the environment.
P7
Policy advocacy
ƭƙĿŠĚƙƙĚƙȡ DžĺĚŠ ĚŠijîijĚē ĿŠ ĿŠǜƭĚŠČĿŠij ƎƭċŕĿČ îŠē ƑĚijƭŕîƥūƑNj ƎūŕĿČNjȡ DžĿŕŕ ēū ƙū ĿŠ î ƑĚƙƎūŠƙĿċŕĚ ŞîŠŠĚƑȦ
P8
Equitable development
Businesses will support inclusive growth and equitable development.
P9
Value to the customers
Businesses will engage with and provide value to their customers and consumers in a responsible manner.
a. Details of the compliance (Y: yes, N: no)
No.
Questions
P1
P2
P3
P4
P5
P6
P7
P8
P9
01.
Does the Company have policies for the 9
principles of BR?
Y
Y
Y
Y
Y
Y
Y
Y
Y
02.
Have the policies been formulated in consultation
with the relevant stakeholders?
Y
Y
Y
Y
Y
Y
Y
Y
Y
03.
Do the policies conform to any national |
international standards?
Y
Y
Y
Y
Y
Y
Y
Y
Y
¹ĺĚ ūŞƎîŠNj ĺîƙ ēĚDŽĚŕūƎĚē ƎūŕĿČĿĚƙ ljūƑ Ŀƥƙ ƙĿijŠĿǛČîŠƥ ūƎĚƑîƥĿūŠƙ ĿŠ
conformance with the international standards (such as ISO 9000, ISO
14000, OHSAS 18000), UNGC guidelines and ILO Principles.
04.
Have the policies been approved by the Board? If
so, has it been signed by the owner | MD | CEO |
appropriate Board of Director?
Y
Y
Y
Y
Y
Y
Y
Y
Y
All the policies have been approved by the Board and have been
signed by a Whole-time Director (WtD).
05.
'ūĚƙ ƥĺĚ ūŞƎîŠNj ĺîDŽĚ î ƙƎĚČĿǛĚē ūŞŞĿƥƥĚĚ
ūlj ƥĺĚ ūîƑē ʈ 'ĿƑĚČƥūƑƙ ʈ ~ljǛČĿîŕƙ ƥū ūDŽĚƑƙĚĚ ƥĺĚ
implementation of the policies?
Y
Y
Y
Y
Y
Y
Y
Y
Y
The Company has appointed a WtD to oversee implementation of the
policies.
06.
What is the URL to view the policies online?
The policies are not yet made available online.
07.
Have the policies been formally communicated to
îŕŕ ƑĚŕĚDŽîŠƥ ĿŠƥĚƑŠîŕ îŠē ĚNJƥĚƑŠîŕ ƙƥîŒĚĺūŕēĚƑƙȧ
Y
Y
Y
Y
Y
Y
Y
Y
Y
The policies have been communicated to many relevant internal and
ĚNJƥĚƑŠîŕ ƙƥîŒĚĺūŕēĚƑƙȦ
08.
Does the Company have an in-house structure to
implement the policies?
Y
Y
Y
Y
Y
Y
Y
Y
Y
09.
Does the Company have a grievance redressal
mechanism to address grievances of the
stakeholders (related to the policies)?
Y
Y
Y
Y
Y
Y
Y
Y
Y
10.
Has the Company carried out independent audit
| evaluation of the working of the policies by an
ĿŠƥĚƑŠîŕ ūƑ ĚNJƥĚƑŠîŕ îijĚŠČNjȧ
Y
Y
Y
Y
Y
Y
Y
Y
Y
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250
84
Atul Ltd | Annual Report 2018-19