Page 103 - FBL AR 2019-20
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CORPORATE STATUTORY FINANCIAL
OVERVIEW STATEMENTS STATEMENTS
(a) If yes, what percentage of your inputs was sourced Pollution Control Boards (SPCBs) across all divisions.
sustainably? Also, provide details thereof, in about 50
words or so. - The company has procedures in place for Principle 3
sustainable sourcing which specify that business needs At Fermenta, we care for the well-being of our employees, by
for materials, goods, utilities and services are met in an providing a safe, inclusive and engaging work environment. Our
environment-friendly, responsible and ethical way. All these corporate values are imbibed in our company culture, and our
factors are considered while selecting the suppliers locally and certification as a Great Place to Work® is a reflection of the trust our
globally. Around 60% of our inputs are sourced sustainably. employees place in the company.
The Company contracts in place to buy key raw materials,
1. Please indicate the total number of employees. - 524
thereby de-risking the dependency. At Fermenta, 100% of
our transportation services are sourced locally which helps 2. Please indicate the total number of employees hired on
Fermenta in reducing costs, compliance and mitigating temporary/contractual/casual basis. - 229
business risk in supply chain.
3. Please indicate the number of permanent women employees -
4. Has the company taken any steps to procure goods and 33
services from local & small producers, including communities 4. Please indicate the number of permanent employees with
surrounding their place of work?
disabilities - 3
(a) If yes, what steps have been taken to improve their 5. Do you have an employee association that is recognized by
capacity and capability of local and small vendors? management – Yes
The company is engaged in procurement of goods and 6. What percentage of your permanent employees is members of
services from local & small producers. In order to improve the this recognized employee association? – 19%
capacity and the capability of local & small producers, the
steps taken are as follows: 7. Please indicate the Number of complaints relating to child
labour, forced labour, involuntary labour, sexual harassment
- To ensure the yearly supply assurance and clarity on the in the last financial year and pending, as on the end of the
yearly volumes in understanding the financial limits, financial year.
- support in payment terms consideration. No. Category No of No of
- Periodic factory visits and support in quality and process complaints complaints
improvement for competitiveness. filed during pending as on
the end of
For all manufacturing facilities, Fermenta sources transportation financial year the financial
services locally from small vendors, startups and local transport year
unions. Fermenta collaborates with service providers to raise 1 Child labour/forced Nil Nil
the bar of service. Fermenta also shares the standards and best labour/involuntary
practices with business partners to increase their capacity and labour
capability thereby making a positive impact on their business.
2 Sexual harassment Nil Nil
5. Does the company have a mechanism to recycle products and 3 Discriminatory Nil Nil
waste? If yes what is the percentage of recycling of products employment
and waste (separately as <5%, 5-10%, >10%). Also, provide
details thereof, in about 50 words or so.- Yes, Manufacturing 8. What percentage of your under mentioned employees were
process is actively reviewed to identify opportunities for waste given safety & skill up- gradation training in the last year?
minimization and resource optimization/resource recovery. Both
the manufacturing facilities have well defined system to recycle (a) Permanent Employees – 100%
waste and recycling of products waste is more than 10%. Fermenta (b) Permanent Women Employees - 100%
has adopted focused strategy towards waste management
through waste minimization and conservation of resources. Mixed (c) Casual/Temporary/Contractual Employees - 100%
solvent generated during product processing is recycled through (d) Employees with Disabilities - 100%
recovery plant and reutilized. A substantial percentage of solvents
were recovered and recycled into the process. Hazardous chemicals Principle 4
are being segregated and neutralized properly for safe disposal. 1. Has the company mapped its internal and external
Waste generation is contained within the limits prescribed by stakeholders? Yes. Stakeholder identification is a continuous and
the Centre Pollution Control Board (CPCB) and applicable State on-going process at Fermenta.
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