MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2021-22
105 MAHINDRA & MAHINDRA LTD. Integrated Annual Report 2021-22 Sr. No. Name of the Policy Brief description Summary of key changes made to the Policies during the year 10. Corporate Social Responsibility Policy The Corporate Social Responsibility Policy is aimed, inter alia , at promoting a unified and strategic approach to CSR across the Company by incorporating under one “Rise for Good” umbrella the diverse range of its philanthropic giving, identifying select constituencies and causes to work with, thereby ensuring a high social impact. The CSR Policy of the Company was amended to enhance focus on empowering both girls and women, supporting the environment through scaling up of tree plantation programs, CSR Approach & Guiding Principles, Implementation, etc. The Policy was further amended to include in Annexure-1 of the CSR Policy, the CSR Projects undertaken by the Company in the Financial Year 2021-22. 11. Archival Policy As per the policy, the events or information which has been disclosed by the Company to the Stock Exchanges pursuant to Regulation 30 of the Listing Regulations shall be hosted on the website of the Company for a period of 5 years from the date of hosting. There has been no change to this policy. 12. Business Responsibility Policy The objective of this policy is to ensure a unified and common approach to the dimensions of Business Responsibility across M&M and Group companies, act as a strategic driver that will help all Group Companies respond to the complexities and challenges that keep emerging and be abreast with changes in regulations. There has been no change to this policy. 13. Safety, Occupational Health and Environment Policy The vision of the policy is to sustain zero incident, zero occupational health hazard and pollution free working environmental organization. There has been no change to this policy. 14. Policy on Prevention of Sexual Harassment The policy on Sexual Harassment is for redressal of complaints received regarding sexual harassment and compliance of other provisions as per the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013. The Company in its good governance has extended the same to male employees also. The Policy was amended to combine the existing two separate policies for men and women into a single Policy named as Policy on Prevention of Sexual Harassment (“POSH Policy”) which is gender neutral Policy and to move all process, procedures, etc. to Guidelines under POSH Policy which primarily covers POSH complaint handling framework and standard operating procedures for Committees or Individuals dealing with the subject. 15. Anti-Bribery and Anti- Corruption (ABAC) Policy While the basic tenets of anti-bribery and anti‑corruption policy are enshrined in the Code of Conduct of the Company, this Policy comprehensively captures the Company’s approach towards bribery and corruption in detail. Subsequent to the year end, the Directors of your Company approved amendments to this Policy with a view to simplify and make the Policy concise by retaining the essence and ethos of the Policy. 16. Investor Grievance Redressal Policy The Policy is to promote and build prompt Investor Grievance Redressal Mechanism and investor friendly relations. The Policy has been amended to, inter alia , provide for Escalation Matrix for Investors Grievances and detailing grievance handling mechanism.
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