Remedial Actions for Human Rights Risk Mitigation
We have taken several robust measures to mitigate the risks related to Human Rights. These include:
Risk Management Framework Expansion
Sub-committees established under the Risk Management Committee, thus augmenting our capacity to identify, assess and mitigate potential Human Rights risks.
Rigorous ESG Due Diligence
Stringent ESG due diligence implemented for offshore mergers & acquisitions and greenfield projects, with incorporation of environment and social impact assessments for proactive mitigation of Human Rights risks.
Governance Strengthening
Presence of Independent Directors in key committees expanded, lending a broader perspective and oversight on Human Rights issues.
Community, Supplier and Customer Engagement
Participatory Human Rights surveys conducted for procurement of critical feedback from our community, suppliers and customers, enhancing our bonds and understanding with them.
Broadened Risk Identification
Human Rights risk identification extended, to encompass new business engagements, including mergers, acquisitions and joint ventures, beyond our direct operations and existing value chain partnerships.
Systematic Reviews and Stakeholder Engagement
Periodic reviews of potential Human Rights issues conducted, followed by active engagement with stakeholders to ensure that the Human Rights Policy aligns with our needs, and any concerns or identified risks are promptly addressed.
