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Social Responsibility

A, Human responsibility

 

Towards employees:

• By providing a competitive and challenging work environment to the employees.

• By having ethical recruitment, remuneration, promotion and other policies

• By providing opportunities to the employees to voice their opinion and complaints and have an effective policy for the solution of these complaints.

• Ensuring a safe working environment for the employees.

• Having fair policies for the solution of employee disputes.

 

Towards customers:

• By providing quality products to the customers at reasonable prices

• By undertaking constant research and development and coming up with innovative and more useful products from time to time


Towards investors:

• By giving the investors a true and fair picture of the financial condition of the business.

• By giving them due returns on the investment made by them.


Towards shareholders:

• By representing a fair picture of the company’s financial position and profit/loss to the shareholders

• By paying them a fair rate of dividend


Towards the government:

• By providing the necessary information to the government as and when required

• By making payment of the due taxes and duties at the proper time

• By abiding by the laws and regulations of the area in which the firm operates.

• Contributing to the economy through exports.


Towards suppliers:

• Making competitive payment to the suppliers for the products purchased from them.

• Maintaining a good relationship with the suppliers.


Towards competitors:

• Indulging in ethical and healthy competition


Towards society:

• Undertaking community development and area development programs.

• Undertaking charity work for the underprivileged sections of the society.

• By creating job opportunities.

 

B, Environmental responsibility


Towards environment:

• Ensuring the purchase of environment-friendly supplies.

• Ensuring a pollution-free process of production

• Having an efficient system for the disposal of waste

• Making the product and the process of production as environment-friendly as possible.

• Adopting eco-friendly packaging.

Eco-friendly Clothing
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