Heritage Foods Limited
Heritage Foods Limited 98 Principle 5: Businesses should respect and promote human rights. The Company respects and promotes human rights for all individuals. The Company’s commitment to human rights and fair treatment is set in its Policy on Human Rights. 5.1 Does the policy of the Company on human rights cover only the Company or extend to the Group/ Joint Ventures / Suppliers/ Contractors / NGOs / Others? The Company follows its policy on Human Rights which are applicable to all employees in the Company. The Company encourages its Business Partners to follow the policy. Company discourages dealing with any supplier/contractor if it is in violation of human rights and also prohibits the use of forced or child labour at all manufacturing units /with business associates. 5.2 How many stakeholder complaints have been received in the past fi nancial year and what percent was satisfactorily resolved by the management? The Company has not received any stakeholder complaint pertaining to human rights during the fi nancial year 2020- 21. Principle 6: Business should respect, protect and make e ff orts to restore the environment 6.1 Does the policy related to Principle 6 cover only the company or extends to the Group /Joint Ventures / Suppliers / Contractors / NGOs /others. The Company follows its policy on Environment Protection which is applicable to all its business places. 6.2 Does the company have strategies/ initiatives to address global environmental issues such as climate change, global warming, etc? If yes, please give hyperlink for webpage etc. Company is in constant lookout for opportunities for reducing its own operational environmental footprint. Use of renewable energy to the extent possible & energy conservation e ff orts are in line with global initiatives such as climate change. 6.3 Does the company identify and assess potential environmental risks? Yes, the Company has a mechanism to identify and assess potential environmental risks in its plants and projects. The Company is consistently putting in e ff orts to improve the environment protection measures further. 6.4 Does the company have any project related to Clean Development Mechanism? Currently no projects related to Clean Development Mechanism have been taken up by the Company. However we are in constant lookout for opportunities in this regard. 6.5 Has the Company undertaken any other initiatives on – clean technology, energy e ffi ciency, renewable energy, etc. If yes, please give hyperlink for web page etc. The Company has designed technologies to enable resource e ffi cient, sustainable manufacturing processes and technologies required to manufacture its products. The e ff orts of the Company are aimed to minimise energy consumption by adopting energy conservation measures. 6.6 Are the Emissions/Waste generated by the Company within the permissible limits given by Central Pollution Control Board (CPCB) / State Pollution Control Board (SPCB) for the fi nancial year being reported? Company’s emissions/waste generated was always within the regulatory de fi ned limits. 6.7 Number of show cause/ legal notices received from CPCB/SPCB which is pending (i.e. not resolved to satisfaction) as on end of Financial Year. The Company has not received any show cause notice or legal notice from Central Pollution Control Board/State Pollution Control Board during 2020-21. Principle 7: Businesses, when engaged in in fl uencing public and regulatory policy, should do so in a responsible manner 7.1 Is your company a member of any trade and chamber or association? If Yes, Name only those major ones that your business deals with: The Company is a member of The Federation of Telangana and Andhra Pradesh Chambers of Commerce and Industry (FTAPCCI) and The Confederation of Indian Industry (CII). 7.2 Have you advocated/lobbied through above associations for the advancement or improvement of public good? If yes specify the broad areas. Company’s Senior Management represents the Company in various industry forums. They understand their responsibility while representing the company in such associations, and while they engage in constructive dialogues and discussions in favour of public good. Principle 8: Businesses should support inclusive growth and equitable development 8.1 Does the Company have speci fi ed programmes/ initiatives/projects in pursuit of the policy related to Principle 8? The Company undertakes the initiatives through the CSR committee of the Board as per the CSR policy of the Company. A brief outline of the policy for undertaking the CSR activities of the Company includes the following: • Promoting education • Enhancing the vocational skills • Supply of clean drinking water • Promoting and preventive health care • Environment Sustainability • Rural Development projects • Disaster management, relief and rehabilitation
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