annual-report-FY2020

214 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS In connection with procurement from Local & small suppliers in Swaraj Division, significant reduction in Electrical energy, Water & diesel consumption was achieved by our suppliers due to which 18% improvement was observed in average BSC (Balanced Score Card) score for F20 w.r.t. F19 for our major suppliers. Many of our suppliers are now practicing sustainable logistics solutions and have implemented Returnable packaging for 76 tractor parts in F20. Due to constant focus on energy saving initiatives by our Business partners, Installation of 3 Solar Power plants has been accomplished at their works in F20 leading to monthly energy savings of 14000 units (cost benefit of 1 lacs approx.). for each of them. 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 endeavour to have a mechanism to recycle products and limit the waste arising out of production of vehicles and tractors. The Company has initiated well documented processes to ensure compliance with the European Union Directive 2005/64/EC which is now implemented for vehicles exported to European Union. Our objective is to restrict the amount of waste produced from End of Life of vehicles (ELVs) and increase the recovery and recycling of ELVs that arise. The information on recyclable parts and manual for dismantling is provided with export vehicles. We follow the ISO 22628:2002, to calculate the recyclability rate, the recoverability rate and reusability rate (RRR) of our export vehicles. We have 5 models complying with the European Union Directive 2005/64/EC norms on recyclability and are currently exporting 1 product. Your Company is actively participating in the committee formed by the Society of Indian Automotive Manufacturers (SIAM) to frame processes and procedures for Product Recycling in India. At present, the batteries used in vehicles are recycled in a structured manner through the battery manufacturing companies in India. Similarly, other parts such as tyres, body components, etc. are recycled in an unstructured manner through licensed scrap dealers who either recover the material used or cannibalize/ refurbish the parts for reuse. So far we have been doing a simplified Life Cycle Assessment (LCA) in the form of compliance with End of Life of vehicle (ELV) directive for European M1 & N1 products. The vehicles are exported and certified as per European Emission Compliance (EEC) directive 2005/64/ EC. We have now conducted an experimental project to evaluate full LCA. For this study one UV pickup model Bolero Maxi Truck (BMT) and one XUV 5OO assessment has been completed. The outcomes will be incorporated in the future development phases. The CO2 emissions are evaluated during the type approval test at the government approved test agencies and this data is used to assess the CO2 impact of products as Company weighted average fuel consumption (CAFE) to align with future Fuel Economy emission regulation in India. Principle 3: Businesses should promote the wellbeing of all employees- 1. Please indicate the Total number of employees: 39,792 2. Please indicate the Total number of employees hired on temporary/contractual/ casual basis: 19,154 3. Please indicate the Number of permanent women employees: 751 4. Please indicate the Number of permanent employees with disabilities: 30 5. Do you have an employee association that is recognized by management: Yes 6. What percentage of your permanent employees is members of this recognized employee association? (Total Unionized Permanent Workmen/Total Permanent Workmen): 78% 7. Please indicate the Number of complaints relating to child labour, forced labour, involuntary labour, sexual harassment in the last financial year and pending, as on the end of the financial year. Sr. No. Category No. of complaints filed during the financial year No. of complaints pending as on end of the financial year 1. Child labour/forced labour/ involuntary labour NIL NIL 2. Sexual harassment 2 NIL 3. Discriminatory employment NIL NIL 8. What percentage of your under mentioned employees were given safety & skill up-gradation training in the last year? (a) Permanent Employees: 75% (b) Permanent Women Employees: 68% (c) Casual/Temporary/Contractual Employees: 60% (d) Employees with Disabilities: 87%