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Atul Ltd | Annual Report 2016-17

03. 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.

Will the BR and Sustainability Reports be published

and if so, with what frequency and at what URL?

The BRR will be published annually.

URL:

http://www.atul.co.in/sustainability/overview.html

Section E: Principle-wise performance

Principle 1: Ethics, transparency and accountability

Businesses should conduct and govern themselves with ethics, transparency and accountability.

01. 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.

02. How many Stakeholders’ complaints have been received in 2016-17 and what percentage was satisfactorily resolved by the

Management?

During 2016-17, no such complaints were received from the Stakeholders and there were no outstanding complaints as

on March 31, 2017.

Principle 2: Product lifecycle sustainability

Businesses should provide goods and services that are safe and contribute to sustainability throughout their lifecycle.

01. List up to 3 products or services of the Company whose design(s) has (have) incorporated social or environmental concerns,

risks and | or opportunities.

i)

para

Cresol

ii) Caustic | Chlorine

iii) Sulphur Black

02. 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. Currently,

the Company expects its suppliers to abide by ISO 9001 and ISO 14001 standards.

03. 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 and fabrication and safety, health and environment.

04. Does the Company have a mechanism to recycle its products and wastes? If so, what percentage of products and wastes

is recycled (separately as <5%, 5-10%, >10%) and what are the details thereof?

The Company has in-house facilities to recycle its wastes and is continuously striving to minimise them. At present, it is

recycling more than 10% of its wastes. 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 wastes as their inputs.

Principle 3: Well-being of the employees

Businesses should promote the well-being of all employees.

01. Number of employees: 2,434 permanent employees as on March 31, 2017

02. Number of employees hired on temporary | contractual | casual basis: 2,551 as on March 31, 2017

03. Number of permanent women employees: 98 as on March 31, 2017

04. Number of permanent employees with disabilities: 5 as on March 31, 2017

05. Recognition of employee association by the Management: the Company has recognised employee associations for workmen.

06. Percentage of permanent employees who are members of the recognised employee associations: 100% of workmen

constituting 41% of the permanent employees.

07. Number of complaints relating to child labour, forced labour, involuntary labour, sexual harassment in 2016-17 and pending

as on March 31, 2017: none