VALUE THROUGH INNOVATION

We give utmost importance to safety of subcontractors working with
us. With every contract, we tell our subcontractors to give focus on
safety of environment and employees.
• Standard Operating Procedure (SOP) on safe working is issued to
all subcontractors for adherence.
• We provide on-site training to all contractors and ask them to
follow all our safety procedures.
• Subcontractors provide us details of all labour being deployed on
our site so that we can undertake necessary procedures and inform
their supervisors in case of emergency.
• Subcontractors have to take work permit from us such as work
permit for hot work, working at height, inaccessible places, etc.
Before start of work, they need to sign a safety agreement to follow
all relevant safety procedures.
Respecting Human rights of people working with our supply chain are
important to us. This we have ensured by two stage verification.
• We audit our suppliers’ operations to verify whether they adhere
to right human rights practices and comply with applicable
regulations.
• We mention in every purchase order that our suppliers must
respect and follow human rights.
• We have uploaded all our policies and code of conduct in our
company website and encourage all concerned to read our policies
and thus raise awareness on human rights and other policies.
From logistics side, we have made following improvements in the
reporting period .
• All our Finished Goods (FG) trucks are fitted with GPS devices so
that we can track their movement real time and plan for emergency
situations. Also, we can ensure the goods are delivered in time at
the respective locations /customers.
• We are also sending auto triggered mails to our customers about
delivery information of FGs such as quantity, name of the driver,
truck number, products delivered, etc.
At our ware house, we are planning for product wise stacking which will
improve the traceability of FGs quickly and reduce the time to load. This
will also improve FIFO (First In First Out).
We are consciously focusing to improve our local procurement while
procuring materials and services. Providing opportunity to local vendors
improves the local economy and a stronger local economy will improve
our sustainability. This approach has helped us to improve our current
local procurement (percentage of our budget spent on procurement
from local vendors) to 87.1% from the previous 81.96% in the past year.
Local Procurement
KPIs
Number of local suppliers
Percentage of procurement
budget spent on local
suppliers
2013
2014
2015-16
2013 2014
226 319
81%
83%
81.00%
83.00%
87.00%
Percentage of procurement budget spent on
local suppliers
2015-16
223
87%
INDO THAI SYNTHETICS SUSTAINABILITY REPORT 2016 | 42