BRSR STRATEGIC REVIEW STATUTORY REPORT FINANCIAL STATEMENTS 121 HERITAGE FOODS LTD | 32ND ANNUAL REPORT 2023-24 2. Provide details of corrective action taken or underway on any issues related to anti-competitive conduct by the Company, based on adverse orders from regulatory authorities. Name of the authority Brief of the case Corrective action taken There are no incidences of corrective action taken or underway on concerns related to anti-competitive conduct by the Company in FY 2023-24 Leadership Indicators 1. Details of public policy positions advocated by the Company: S. No. Public Policy advocated Method resorted for such advocacy Whether information available in public domain? (Yes/ No) Frequency of Review by Board (Annually/ Half yearly/Quarterly/ Others- please specify) Web Link, if available Nil Principle 8: Businesses should promote inclusive growth and equitable development. The organization firmly upholds the belief that inclusive growth is a fundamental prerequisite for attaining long-term success. It acknowledges the imperative of creating an environment that enables equitable access to development opportunities for all members of society. With a steadfast commitment to sustainable value creation, the organization actively works towards serving the collective interests of the community. Through its dedicated Corporate Social Responsibility programs, the Company strategically allocates resources and efforts to initiatives that foster equitable growth. It recognizes that promoting social inclusion and addressing societal challenges are integral to its role as a responsible corporate entity. By investing in various social development projects and initiatives, the organization seeks to empower marginalized communities, bridge socio-economic gaps, and facilitate equal opportunities for all. Essential Indicators 1. Details of Social Impact Assessments (SIA) of projects undertaken by the Company, based on applicable laws, in the current financial year. Name and brief details of project SIA Notification No. Date of notification Whether conducted by independent external agency (Yes / No) Results communicated in public domain (Yes / No) Relevant Web link Company has not undertaken any social impact assessment of its projects 2. Provide information on project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being undertaken by the Company, in the following format: S. No. Name of Project for which R&R is ongoing State District No. of Project Affected Families (PAFs) % of PAFs covered by R&R Amount paid to PAFs in the FY (In INR) Nil 3. Describe the mechanisms to receive and redress grievances of the community. The Company understands the importance of providing community with accessible channels to report their grievances and concerns. It has established a comprehensive system that enables community to voice their grievances through various communication channels. By actively listening to community concerns, following up on communications, and maintaining transparent processes, the Company strives to build strong community relationships and foster a collaborative environment. 4. Percentage of input material (inputs to total inputs by value) sourced from suppliers: FY2024 FY2023 Directly sourced from MSMEs/small producers 30.47% 22.65% Sourced directly from within the district and neighbouring districts 0.00 0.00 * The Company shall start monitoring and reporting this data in future
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