Page 117 - Kolte Patil AR 2019-20

Questions
P1
Ethics, Transparency, sustainability, accountability
P2 sustainability in life cycle product
P3 Employee wellbeing
P4 Stakeholder engagement
P5 Promotion of human rights
P6 Environment Protection
P7 Responsible public policy advocacy
P8 Inclusion growth
Does the Company have
a grievance redressal mechanism related to the policy/ policies to address stakeholders’ grievances related to the policy/ policies?
Y
Y
Y
Y
Y
Y
Y
Y
Has the company carried out independent audit/ evaluation of the working of this policy by an internal or external agency?
N^
N^
N^
N^
N^
N^
N^
N^
No P9 Customer
9
value
Y
10 N^
* The policies are developed and aligned with Securities and Exchange Board of India, other applicable laws/regulations and general practices adopted by the Company.
** The policies are approved by the Board and signed by the heads of the respective department responsible for the implementation of the policies.
^It is planned to be done within next 6 months 3. Governance related to BR
(a) Indicate the frequency with which the Board of Directors, Committee of the Board or CEO to assess the BR performance of the Company. Within 3 months, 3-6 months, Annually, More than 1 year
BR performance of the Company has been assessed annually.
(b) Does the Company publish a BR or a Sustainability Report? What is the hyperlink for viewing this report? How frequently it is published?
The Company annually publishes its non-financial performance in the form of BRR as part of the Annual Report.
SECTION E: PRINCIPLE-WISE PERFORMANCE
Principle 1
1. Does the policy relating to ethics, bribery and corruption cover only the company? Yes/ No. Does it extend to the Group/Joint Ventures/ Suppliers/Contractors/NGOs /Others?
The policy relating to ethics, bribery and corruption covers Group Companies, Joint Ventures, Supplies, contractors.
2. How many stakeholder complaints have been received in the past financial year and what percentage was satisfactorily resolved by the management? If so, provide details thereof,
NIL.
Principle 2
1. List up to 3 of your products or services whose design has incorporated social or environmental concerns, risks and/or opportunities.
For each such product, provide the following details in respect of resource use (energy, water, raw material etc.) per unit of product(optional):
(a) Reduction during sourcing/production/ distribution achieved since the previous year throughout the value chain?
(b) Reduction during usage by consumers (energy, water) has been achieved since the previous year?
The Company is in the business of real estate development. We developed the new projects using technology to reduce environmental impact. We do Landscaping, water treatment systems and fittings to reduce water consumption.
We provide Sewage Treatment and Rainwater Harvesting systems in our projects to reduce water consumption.
2. Does the company have procedures in place for sustainable sourcing (including transportation)? (a) If yes, what percentage of your inputs was sourced sustainably? Also, provide details thereof, Yes, we source materials from local suppliers. 85% of the materials are procured locally.
3. Has the company taken any steps to procure goods and services from local & small producers, including communities surrounding their place of work?
(a) If yes, what steps have been taken to improve their capacity and capability of local and small vendors?
Yes, the Company procure goods and services from local & small producers, including communities surrounding their place of work. The Company arranges several training programs on skill upgradation for vendors.
Annual Report 2019-20 | 115