Page 117 - Kolte Patil AR 2019-20
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No  Questions        P 1       P 2       P 3     P 4       P 5    P 6       P 7      P 8    P 9
                                  Ethics,   sustainability  Employee   Stakeholder   Promotion  Environment   Responsible   Inclusion  Customer
                                  Transparency,   in life cycle   wellbeing  engagement  of human   Protection  public   growth  value
                                  sustainability,   product             rights           policy
                                  accountability                                         advocacy
             9  Does the Company have   Y   Y         Y       Y         Y      Y         Y        Y     Y
                a grievance redressal
                mechanism related to the
                policy/ policies to address
                stakeholders’ grievances
                related to the policy/ policies?
             10  Has the company carried   N^  N^     N^      N^        N^     N^        N^       N^    N^
                out independent audit/
                evaluation of the working of
                this policy by an internal or
                external agency?

            * 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
            ^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
                   The Company annually publishes its non-financial performance in the form of BRR as part of the Annual Report.

            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,
            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
               (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.

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