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Statutory Reports • Business Responsibility Report Annual Report 2014 - 15
TABLE 1 PRINCIPLE-WISE (AS PER NVGS) BR POLICY/POLICIES (REPLY IN Y/N)
SR.
NO.
PRINCIPLE-WISE
(AS PER NVGS) BR
POLICY/POLICIES
(REPLY IN Y/N)
1 Do you have a
policy/policies for....
2 Has the policy
being formulated
in consultation
with the relevant
stakeholders?
3 Does the policy
conform to
any national/
international
standards? If yes,
specify? (50 words)
4 Has the policy
being approved by
the Board? If yes,
has it been signed
by MD/owner/
CEO/appropriate
Board Director?
5 Does the Company
have a specified
committee of the
Board/Director/
Official to oversee
the implementation
of the policy?
6 Indicate the link
for the policy to be
viewed online?
P1
ETHICS, TRANSPARENCY
AND ACCOUNTABILITY
P2
PRODUCT LIFE CYCLE
P3
EMPLOYEE WELL-
BEING
P4
STAKEHOLDER
ENGAGEMENT
P5
HUMAN RIGHTS
Yes Yes Yes Yes We comply to all the
statutory requirements.
All the contracts and
standing order include
relevant aspects of
Human Rights.
Yes Yes Yes Yes All the standing orders
are co-signed by the
recognized union.
We have adopted a Code
of Business Ethics (COBE)
which conforms to
national and international
standards. This applies
to all the Directors and
Employees across the
group.
Yes, it has been approved
by the Board.
We abide by all laws of the
land and are a signatory
to the 10 principles of the
UN Global Compact. We
take into account industry
best practices and global
benchmarks in defining
our policies.
Statutory policies are
placed before the board
for consideration and
approval. All other policies
are approved by CEO/MD.
Yes The responsibility of the
implementation policies
and their review primarily
lies with the respective
business/function head.
Yes, we conform to
the required labor
law in each country.
Apart from that,
we continuously
benchmark our
policies with
competition in
different markets
and review them as
needed.
Policies in India are
approved by CHRO
and international
policies by COO. The
Management Council
(MC) and relevant
stakeholders are
consulted.
All policy changes
are discussed in HR
Leadership team
meeting. The MC and
relevant stakeholders
are consulted before
taking it for approval.
We abide by all laws
of the land and are
a signatory to the 10
principles of the UN
Global Compact. We
take into account
industry best practices
and global benchmarks
in defining our policies.
Statutory policies are
placed before the
board for consideration
and approval. All other
policies are approved
by CEO/MD.
The responsibility of the
implementation policies
and their review
primarily lies with the
respective business/
function head.
Yes, the policy conforms
to National Standards
pertinent to Human
Rights.
Policies in India are
approved by CHRO and
international policies
by COO. The MC and
relevant stakeholders are
consulted.
P6
ENVIRONMENT
Yes
Yes, the policy is in
line with National
Standards.
P7
POLICY
ADVOCACY
P8
EQUITABLE
DEVELOPMENT
P9
CUSTOMER VALUE
Yes Yes
Yes Yes Yes
Yes, the policy
is in line with
National
Standards.
We abide by all laws
of the land and are
a signatory to the
10 principles of the
UN Global Compact.
We take into account
industry best practices
and global benchmarks
in defining our policies.
Yes Yes Statutory policies are
placed before the Board
for consideration and
approval. All other
NA
policies are approved by
CEO/MD.
NA Yes Yes The responsibility of
the implementation
policies and their review
primarily lies with the
respective business/
function head.
www.drreddys.com/investors/cobe.html
www.drreddys.com/aboutus/pdf/SHE_policy.pdf
NA
www.drreddys.com/aboutus/pdf/SHE_policy.pdf
www.drreddys.com/investors/cobe.html
www.drreddys.com/aboutus/pdf/SHE_policy.pdf
www.drreddys.com/investors/popups/csr-policy.
html
www.drreddys.com/aboutus/pdf/SHE_policy.pdf
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