VALUE THROUGH INNOVATION

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RESOURCE STEWARDSHIP Focus on how we manage today and our goal is to build a framework of policies, technical and management standards aligned to international standards as defined by the IFC, OECD, UNGC, ISO and OHSAS. By introducing these standards into our systems we manage our operations in the most responsible manner. Message from Finance Message from Operations Energy & Carbon Water & Effluents Materials Wealth out of Waste Occupational Health & Safety Message from HR Employee Engagement Communities Engagement Message from Supply Chain Message from Marketing 17 21 23 25 27 28 30 33 38 40 41 44
Message from Finance Balancing Economic Values Strong and sound financial management and risk mitigation are crucial for the sustainable performance of an organisation both in short as well as in long term. Accordingly, we have adopted some of the best practices in the industry. One such practice is sustainability risk identification, mitigation and continuous monitoring. Acute labour shortage was one of our key risks and to mitigate this, we have recruited labour from Myanmar, trained them and engaged them. This process is being continuously improved upon for better performance. Overall market looks better than last year. In FY 2015, our revenues galloped to 48.65 Million USD from 39.26 million USD in FY 2014. We have taken many actions such as reducing overhead costs reducing packaging expenses, and investing in process improvements to improve process efficiency as well as our bottom line. Our Debt: Equity ratio is well under 0.50 which shows the strength of our Balance Sheet. This way, we have been able to gain the trust of our bankers too. Innovation in process is a continuous activity in our company which gives us better operational efficiency year after year. Our performance targets have been recently revised upwards challenging our employees and creating a passionate environment to excel in performance. Guided by our business strategy and periodic updating of risk matrix, we identify areas and projects for improvement, assess feasibility and prioritize the projects. After careful consideration, as per priority, projects are taken up and implemented. While selecting such projects, sustainability aspects are duly and diligently considered. We give utmost importance to total compliance and take steps proactively even if administration of a certain regulation is weak in a geography. INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 17
Page 1 and 2: VALUE THROUGH INNOVATION SUSTAINABI
Page 3 and 4: Foreword by BUSINESS HEAD Dear Read
Page 5 and 6: “We thus started making investmen
Page 7 and 8: FOOTPRINT Our economic,social and e
Page 9 and 10: Products Portfolio: Ne 20s Cotton O
Page 11 and 12: ABG Sustainability Framework 1) RES
Page 13 and 14: Mission Teams: 1. ENERGY & CARBON 6
Page 15 and 16: GOVERNANCE & MANAGEMENT ABG Values
Page 17 and 18: “We have identified Ten Missions
Page 19 and 20: The Board In the year 2015, ITS had
Page 21: This institutional mechanism is the
Page 25 and 26: Direct Economic Value Generated and
Page 27 and 28: Message from Operations Aligning ma
Page 29 and 30: Energy & Carbon Energy Conservation
Page 31 and 32: Water & Effluents Considering high
Page 33 and 34: Waste Management Materials Raw mate
Page 35 and 36: We are continually upgrading techno
Page 37 and 38: Our safety guidelines extend to our
Page 39 and 40: Caring & Sharing Message from Head,
Page 41 and 42: Employee engagement is being deepen
Page 43 and 44: 2013 2014 2015-16 Retention Rate 46
Page 45 and 46: In the reporting year, training and
Page 47 and 48: Responsible Supply Chain Message fr
Page 49 and 50: Responsible Supply Chain Supply Cha
Page 51 and 52: “Our target to sell value added p
Page 53 and 54: Product labelling We provide inform
Page 55 and 56: STAKEHOLDERS Suppliers Customers Mo
Page 57 and 58: Customer Engagement We are connecte
Page 59 and 60: STRATEGIC STAKE HOLDER ENGAGEMENT &
Page 61 and 62: Demographics & Associated Changes &
Page 63 and 64: Business Structural Changes & Futur
Page 65 and 66: Information Technology & Future Pro
Page 67 and 68: Regulatory Environment & Future Pro
Page 69 and 70: INDEPENDENT ASSURANCE STATEMENT To:
Page 71 and 72: GRI Index General Standard Disclosu
Page 73 and 74:
G4-EN2 G4-EN3 G4-EN4 G4-EN5 G4-EN6
Page 75 and 76:
G4-SO1 G4-SO2 G4-SO3 G4-SO4 G4-SO5
Page 77 and 78:
Definitions & Acronyms CoE: Centre
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VALUE THROUGH INNOVATION

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