ACC prioritises transparency and integrity in stakeholder relations to ensure meaningful engagement, provide valuable insights and ensure effective resolution of concerns. Periodic engagement with stakeholders enhance the Company’s understanding of social, environmental and economic factors related to the business. The Stakeholder Relationship Committee, chaired by an Independent Director, safeguards the interests of all stakeholders.
ACC’s stakeholder engagement is driven by a robust policy, overseen by the Stakeholder Relationship Committee. Comprising solely Independent Directors, the Committee operates under the Companies Act, 2013, and SEBI regulations, ensuring governance of the highest standard. Reporting directly to the Board, it continuously refines its charter to stay ahead of regulatory developments and industry best practices, reinforcing ACC’s focus on transparency and stakeholder trust.
Approach to Stakeholder Engagement
To fulfil the Company’s strategic objectives, the active engagement of stakeholders is essential. It provides valuable insights into their expectations and ensures effective resolution of concerns or grievances. ACC’s stakeholder engagement framework, guided by a robust policy, aligns with international best practices to ensure a consistent and standardised approach to communication and interaction with diverse stakeholder groups.
Process of Stakeholder Engagement
ACC has a structured process to identify key stakeholders through a defined, closed-loop methodology. Stakeholders include individuals or organisations directly or indirectly affected by ACC’s activities or those with a vested interest in its operations. Each group’s actual and perceived impacts, along with their magnitude, are assessed. Continuous dialogue is maintained throughout the year, across multiple communication channels, gathering insights that help refine strategies. Regular feedback and grievance redressal mechanisms ensure effective engagement and timely resolution of concerns.
Stakeholders | Engagement Mechanisms |
Purpose of Engagement |
Frequency | Stakeholder Value Created |
Capitals Impacted |
---|---|---|---|---|---|
Shareholders
and Investors
![]() |
|
|
|
`7.5
Dividend per Share
14%
Return on Equity (RoE) |
![]() |
Channel
Partners
![]() |
|
|
|
537
Channel Partner meets |
![]() ![]() ![]() |
Government
and Regulatory
Authorities
![]() |
|
|
|
Taxes paid to the national exchequer |
![]() ![]() |
Customers
![]() |
|
|
|
14,750
Knowledge Meets |
![]() ![]() ![]() |
Employees
![]() |
|
|
|
3,171
Employees and Workers Given Training |
![]() ![]() |
Suppliers
![]() |
|
|
|
96.6%
Local Sourcing |
![]() ![]() ![]() |
Community
![]() |
|
|
|
2.1 million
CSR Beneficiaries |
![]() ![]() |
Media
![]() |
|
|
|
Impactful brand initiatives launched |
![]() ![]() |
Construction
Professionals
![]() |
|
|
|
767
Training and Certification Programmes Held |
![]() ![]() ![]() |
Industry
Associations
![]() |
|
|
|
8
Partnerships |
![]() ![]() |
ACC collaborates with various national and international associations to influence public policies and industry actions, thereby strengthening its engagement with the broader industry landscape.
Trade and Industry Chambers/Associations