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(b) Reduction during usage by consumers (energy, water) has
been achieved since the previous year?
The class leading fuel efficiencies of the Company’s vehicles
enable the customers to achieve fuel savings which translate
into cost savings as well. The launch of all new REVOTRON
engine which epitomizes the FuelNext philosophy of the
Company is developed under Futuready philosophy of the
Company. It is developed using a range of eco-friendly and
future oriented technologies. It also incorporates latest know-
how like multi drive modes, allowing the best of economy
and driving pleasure. The Company’s value proposition in
the commercial vehicles is aimed to create vehicles with
lowest overall cost of ownership. The Recon business, which
reconditions aggregates, extends the life of the aggregates
and eliminates the use of fresh resources that might have been
consumed for new aggregates.
3.
Does the company have procedures in place for
sustainable sourcing (including transportation)? If yes,
what percentage of your inputs was sourced sustainably?
The Company continually works with its vendors and suppliers
to reducing the environmental impacts of sourcing. The
Company has an Environment Procurement Policy to engage
with its value chain partners on environmental sustainability.
Significant initiatives have been taken to reduce the packaging
impacts in the supply chain by using recycled / returnable
packaging solutions for various components sourced.
Transportation and logistics optimization is an ongoing activity
to reduce the related environmental impacts. The Pantnagar
and Sanand plants have created a vendor park model, wherein
the key vendors are situated surrounding the plant. This
not only enables to optimize the production related costs
but also significantly reduces the environmental impact of
transportation of components.
4.
Has the company taken any steps to procure goods
and services from local & small producers, including
communities surrounding their place of work? If yes,
what steps have been taken to improve their capacity and
capability of local and small vendors?
During the year, the Company has procured 50.88% of the
materials (by value) from local sources, where local is defined as
the State in which the manufacturing plant is established.
The Company takes significant initiatives in enhancing the
capabilities of local and small vendors. Through the AA policy
initiatives, this year the Company has added 5 new SC/ST
entrepreneurs in the supply chain totaling to 27 in number and
extended business of
`
10.99 crores to them.
To ensure reliable and responsible suppliers for automotive
production and service parts, the Company expects all its
suppliers to adopt the ISO 9001/TS 16949 quality management
system frameworks. The Company also encourage its dealers to
adopt quality, environmental and safety management systems.
The Company conducts awareness sessions for suppliers on
social and environmental issues. Suppliers are provided with
managerial and technical assistance to train them on practices
and procedures that will ensure improvements in Productivity,
Quality, Cost, Delivery, Safety, Moral and Environment
(PQCDSME).
5.
Does the company have a mechanism to recycle products
and waste? If yes what is the percentage of recycling of
products and waste (separately as <5%, 5-10%, >10%).
Also, provide details thereof, in about 50 words or so.
It is the Company’s ongoing endeavor to have a mechanism
to recycle its products and limit the waste arising out of
production of vehicles. The Company has initiated well defined
program Prolife. The Company’s objective is to reduce the
waste and to minimize the need of raw materials to produce
a brand new item. In Fiscal 2017, total of 24065 components
were reconditioned. The re-conditioned long blocks are also
being exported to international markets. Hazardous waste is
disposed as per regulatory requirements through the Common
Hazardous Waste Treatment, Storage & Disposal Facilities
(CHWTSDF), Authorized Re-cyclers and co-processing in
cement plants.
PRINCIPLE 3 EmployeeWellbeing
1.
Please indicate the Total number of employees.
47,920 as at March 31, 2017 (includes permanent, temporary,
trainee and contractual employees)
2.
Please indicate the Total number of employees
hired on temporary/ contractual/ casual basis.
21,885 as at March 31, 2017
3.
PleaseindicatetheNumberofpermanentwomenemployees.
806 as at March 31, 2017
4.
Please indicate the Number of permanent employees with
disabilities
13 as at March 31, 2017
5.
Do you have an employee association that is recognized
by management?
The manufacturing plants at Jamshedpur, Pune, Lucknow,
Pantnagar and Sanand have employee unions recognized by
the management. The Company enters into long term wage
settlements with these recognized unions.
6.
What percentage of your permanent employees is
members of this recognized employee association?
Around 94% of the operative employees at Jamshedpur, Pune,
Lucknow, Pantnagar & Sanand plants are members of these
employee unions. These employees represent around 52%
of the total permanent employees at these five plants. The
Company do not have an Employees Union at the Company’s
Dharwad Plant presently.
Notice
Board’s Report
Management Discussion & Analysis Corporate Governance Report
Business Responsibility Report
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