annual-report-FY2021

200 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS 3. Do any other entity/entities (e.g. suppliers, distributors etc.) that the Company does business with, participate in the BR initiatives of the Company? If yes, then indicate the percentage of such entity/entities? [Less than 30%, 30-60%, More than 60%] Yes. • The percentage of suppliers that participate in the BR initiatives is more than 60%. • A majority of supplier base have been covered by conducting awareness sessions on ‘sustainability’. • Total of 606 suppliers were covered in the ‘Sustainability’ awareness session. • In F-21, 4 online webinars were conducted on different topics for sustainability awareness which includes National Motor replacement program along with Institute of sustainable communities (ISC). • 144 strategic Suppliers have actively participated in the Annual Supplier meet conducted in F21. Section D: BR Information 1. Details of Director/Directors responsible for BR a) Details of the Director/Director responsible for implementation of the BR policy/policies DIN Number : 00254502 Name : Dr. Pawan Kumar Goenka (ceased as MD & CEO of the Company consequent to his term coming to an end from close of 1 st April 2021) Designation : Managing Director and Chief Executive Officer Upon cessation of Dr. Pawan Kumar Goenka as the Director of the Company, Dr. Anish Shah, Managing Director and Chief Executive Officer has been appointed as the Director responsible with effect from 2 nd April, 2021 for implementation of the BR Policies. b) Details of the BR Head Sr. No. Particulars Details 1. DIN Number (If applicable) NA 2. Name Mr. Rajeshwar Tripathi 3. Designation Chief Human Resources Officer - Auto and Farm Sectors, M&M Ltd. 4. Telephone Number +9122 2884 9702 5. Email ID [email protected] 2. Principle-wise (as per NVGs) BR Policy/policies (Reply in Y/N) The Business Responsibility Policy (“BR Policy”) addressing the following 9 principles as per the National Voluntary Guidelines on Social, Environmental and Economic Responsibilities of Business (NVGs), duly approved by Board, is in place. This policy is operationalized and supported by various other policies, guidelines and manuals. P1: Businesses should conduct and govern themselves with Ethics, Transparency and Accountability. P2: Businesses should provide goods and services that are safe and contribute to sustainability throughout their life cycle. P3: Businesses should promote the wellbeing of all employees. P4: Businesses should respect the interests of, and be responsive towards all stakeholders, especially those who are disadvantaged, vulnerable and marginalized. P5: Businesses should respect and promote human rights. P6: Business should respect, protect, and make efforts to restore the environment. P7: Businesses, when engaged in influencing public and regulatory policy, should do so in a responsible manner. P8: Businesses should support inclusive growth and equitable development. P9: Businesses should engage with and provide value to their customers and consumers in a responsible manner.