Heritage Foods Limited | 30th Annual Report 2021-22

Financial Statements Company Overview Statutory Reports 91 Principle 4: Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized. 4.1 Has the Company mapped its internal and external stakeholders? Yes, the Company has mapped the stakeholders i.e. farmers, customers, shareholders, employees, suppliers, banks and financial institutions, government and regulatory bodies. 4.2 Out of the above, has the Company identified the disadvantaged, vulnerable and marginalized stakeholders? The Company continuously engages with small and marginal farmers and identifies their needs and priorities so as to serve. 4.3 Are there any special initiatives taken by the company to engage with the disadvantaged, vulnerable and marginalized stakeholders. If so, provide details thereof, in about 50 words or so. The Company has taken special initiatives for welfare of the farmers. The activities includes vet + app, cattle insurance, insurance coverage for farmers, healthcare facilities for milch animals, relief activities in case of any unforeseen calamities. 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 financial year and what percent was satisfactorily resolved by the management? The Company has not received any stakeholder complaint pertaining to human rights during the financial year 2021-22. Principle 6: Business should respect, protect and make efforts 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 efforts 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 efforts 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 efficiency, renewable energy, etc. If yes, please give hyperlink for web page etc. The Company has designed technologies to enable resource efficient, sustainable manufacturing processes and technologies required tomanufacture its products. The efforts of theCompany 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 financial year being reported? Company’s emissions/waste generated are always within the regulatory defined 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 2021-22. Principle 7: Businesses, when engaged in influencing 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 Chambers of Commerce and Industry (FTCCI) and The Confederation of Indian Industry (CII). Board’s Report