Page 44 - Chambal SR_2015-16
P. 44

Materiality                        For us at Chambal, the three sustainability
                                                              challenges are of equal importance. Specifically,
                                                              we are focussing on climate change, economic
            The fertiliser industry is of national importance   performance, employee welfare, process safety and
            for a variety of reasons: the nature of raw materials   social responsibility. These issues are addressed
            used, the risk factors associated with the production   through  various  material  aspects  identified  by an
            and operation, energy and resource intensive      assessment process keeping in mind a sustainable
            production, and finally because, here’s a product   approach, stakeholders’ view and importance
            that supports the rural economy and ensures food   to business. Though we have been addressing
            security in India. This is why the industry works   significant issues important to our business and
            closely with the Government, regulatory authorities,   stakeholders for years now, this is the first year that
            activists and the general public. At Chambal, we   we have done the materiality assessment based on
            have successfully maintained our position as a    GRI G4 guidelines. Since this is our first year, the
            leading agri-products manufacturing and trading   assessment has been done internally through a
            company since inception. Our top priority remains   survey of employees. The material aspects identified
            sustainable and inclusive development for the     and prioritized during the materiality assessment
            benefit of all our stakeholders. With this objective in   survey are listed below.
            mind, we have embedded responsible practices in
            all our business strategies and operations.          Level of   Material Aspects
                                                               Importance
            MAteRIALIty MAtteRS!                                    1       Occupational Health and Safety
            Material issues are those that have a direct or
            indirect impact on an organization’s ability to         2       Energy
            create, preserve or erode economic, environmental       3       Emissions
            and social value for itself, its stakeholders and
            society at large.                                       4       Effluents and Waste
                                                                    5       Compliance

                                                                    6       Local Communities (CSR)

                                                                    7       Economic Performance
                                                                    8       Training and Education

                                                                    9       Employment

                                                                   10       Labour/Management Relations

                                                                   11       Materials

                                                                   12       Water
                                                                   13       Marketing Communications

                                                                   14       Biodiversity

                                                                   15       Public Policy

                                                                   16       Transport

                                                                   17       Market Presence

                                                                   18       Anti-corruption




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