VALUE THROUGH INNOVATION

Chemicals management with traceability and transparency to meet
expectations of direct customer as well as customers and users in the
downstream value chain, is very critical. Besides, we are committed
to produce products which are healthy and safe to users during use
and which has minimal impact on environment on disposal. We follow
practices as required by REACH and standard operating practices
delineated in our Integrated Management System.
Providing a safe working place is our responsibility. We have taken
continuous steps to monitor safety of working conditions and remedied
unsafe working conditions. Our business leadership has been monitoring
safety indicator to bring down injury and fatality rates significantly. We
have also involved our employees in safety committees, conducted
training to workers engaged by contractors. Though this inclusive
initiatives, we have succeeded in reducing the injury rate from 11.26 in
CY 14 to 3.55 in FY 16.
We focus continuously on adding value to the yarn by improving intrinsic
properties of yarn and through special attachments like Compact, Sir,
Slub yarn.
Our Vision for 2020 is to recycle 50% of process waste, reduce 10%
specific energy consumption, produce 40% Value added products.
We conform to WASH pledge in order to improve our performance
on water, waste water, sanitation, hygiene and health. We have been
implementing Higg index’s Environmental Module, Social & Labour
Module and Brand Module to improve our sustainability practices
along the value chain.
We arranged health awareness programs for employees to increase
their awareness on basic health. We also arranged health check up for
all employees to ensure their health is in good condition and there
is no abnormality. This was followed by follow up program for needy
employees.
We also strengthened the recruitment process by enforcing all new
recruits to undergo basic health screening and to cover health risks
assessment. We also extended health check to all food vendors within
the plant.
We have established grievance mechanism for all stakeholders including
employees and the community. Anyone can register their grievances
by registering with the HR head and the grievance will be addressed by
HR appropriately. The mechanism provides for escalation of grievances
to senior management for resolution. So far, we have not received any
grievance from any of our stakeholders.
Over the past few years, we have worked towards complying with all the
local laws and regulations in all areas and fulfilling our environmental
and social responsibility.
In the coming years
(i) We will work with our suppliers and support them through awareness
raising to improve their performance on issues such as safety, human
rights, environmental preservation.
(ii) We will improve /innovate our products to deliver better functional
performance to our customers and final users during use and disposal.
(iii) We will further improve our operational performance to make our
workplace more equal, engaging, safe and healthy.
We hope our initiatives will motivate stakeholders to drive change and
create a better future.
Sanjeev Gupta
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 22