Health and Employee Safety
We endeavour to adhere to laws and regulations relating to protection of health and employee safety, which we consider significant to our success. We have appointed a safety head to oversee our health and safety initiatives. In addition, each of our facilities has a safety champion who is responsible for reporting to our safety head directly on safety matters. There is a comprehensive health and safety policy for each facility.
We carry out our activities while following appropriate standards of work safety and our working conditions seek to promote a healthy and safe work environment. We have taken initiatives to reduce the risk of accidents at our manufacturing facilities, including: (i) ensuring that employee safety manuals covering employee safety and environmental procedures, are in place and that hazard identification and risk assessments with respect to our operations are periodically carried out; (ii) providing training and awareness programs on employee safety and environment to all employees, including training on machines and other operations, and the use of first aid and other procedures to deal with emergencies; (iii) implementing regular employee safety audits, management review meetings and periodic employee safety meetings; and (iv) conducting periodic emergency mock drills in our facilities.
Environmental, Social and Governance
We place emphasis on our environmental, social and governance (“ESG”) initiatives, and undertake a weekly ESG meeting. The following are some of our key ESG initiatives:
- Environment. We monitor the environmental impact of our power consumption and emissions from our fleet of tankers. We have installed solar panels in our Jadcherla plant to increase energy efficiency. We also monitor our power efficiency for each cubic metre of liquid produced, which is referred to as specific power, and aim to optimize this. We have recently commissioned a rainwater harvesting system for our facility at Parawada (Visakhapatnam), Andhra Pradesh to reduce our water footprint. To reduce transportation emissions, we are in the process of upgrading the size of our tankers, thereby allowing larger payloads to our customers and reducing the number of trips required to cater to the demand of a customer. As of March 31, 2024, the largest tankers we own have a capacity of 28,000 litres, compared to the largest tanker sizes of 19,000 litres and 15,000 litres as of March 31, 2023 and March 31, 2022.
- Social.We contributed towards education through Dayanand Foundation in building of Venkateshwar World School in Pune. We have also contributed to healthcare sector by contributing to AIIMS, Kalyani.
- Governance. We have established policies and ethical standards that promote diversity and inclusivity within our organization. Our aim is to cultivate a work environment where employees feel safe and empowered to be their authentic selves, free from any form of discrimination. To encourage open communication, we have established an employee forum where individuals can share their thoughts and ideas. In the event of any grievances, we have a grievance redressal system in place to ensure that concerns are addressed and resolved in a timely and effective manner.
Further, our Managing Director, Padam Kumar Agarwala, has been a part of the ESG committee for Confederation of Indian Industry from 2022.