Principle 5

Businesses should respect and promote human rights

We prioritise human rights within our Company and the communities we serve, guided by internationally recognised frameworks such as the Universal Declaration of Human Rights, ILO's Declaration on Fundamental Principles and Rights at Work, and the UN Guiding Principles on Business and Human Rights. This commitment is integral to our core values and corporate responsibility agenda. Our human rights policy, aligned with global standards like SA8000 and international treaties is aligned with respecting and promoting human rights across our operations and value chain. We ensure that human rights considerations are embedded in all facets of our business practices and interactions.

100%

Employees & workers are paid more than minimum wages

Zero

Complaints reported on human rights related issues

Zero

Complaints reported on sexual harassment & discrimination

Human Rights Policy

approved by Board

CategoryFY 2023-24
(Current Financial Year)
FY Jan 2022-Mar 2023*
(Previous Financial Year)
Total (A)No. of employees /workers covered (B)% (B / A)Total (C)No. of employees /workers covered (D)% (D / C)
Employees
Permanent2,1711,90788%2,97510%
Other permanent311548%2944816%
Total Employees2,2021,92287%3,269491%
Workers
Permanent1,68100%2,19200%
Other permanent100%1100%
Total Workers1,68200%2,20300%

* The Company had changed its financial year end from December to March in FY23. Therefore, the figure for FY23 is for 15 months

CategoryFY 2023-24 (Current Financial Year)FY Jan 2022-Mar 2023* (Previous Financial Year)
Total (A)Equal to Minimum WageMore than Minimum WageTotal (D)Equal to Minimum WageMore than Minimum Wage
No. (B)% (B / A)No. (C)% (C / A)No. (E)% (E / D)No. (F)% (F / D)
Permanent Employees
Male2,03600%2,036100.0%2,79100%2,791100.0%
Female13500%135100.0%18400%184100.0%
Other than permanent
Male2700%27100.0%25700%257100.0%
Female400%4100.0%3700%37100.0%
Workers Permanent
Male1,64700%1,647100.0%2,15100%2,151100.0%
Female3400%34100.0%4100%41100.0%
Other than permanent
Male000%0100.0%500%5100.0%
Female100%1100.0%000%0100.0%

* The Company had changed its financial year end from December to March in FY23. Therefore, the figure for FY23 is for 15 months

a. Median remuneration/wages:

FY 2023-24MaleFemale
NumberMedian remuneration/ salary/ wages of respective categoryNumberMedian remuneration/ salary/ wages of respective category
Board of Directors (BoD)733 lac123.25 lac
Key Managerial Personnel36.78 crore0NA
Employees other than BoD and KMP2,06315.04 lac1397.88 lac
Workers1,6475.32 lac355.25 lac

b. Gross wages paid to females as % of total wages paid by the entity, in the following format:

FY 2023-24
(Current Financial Year)
FY 2022-23
(Previous Financial Year)
Gross wages paid to females as % of total wages3.59%4.47%

Yes.
Please refer https://www.acclimited.com/assets/new/pdf/Human%20Rights%20Policy.pdf
(Practicing Open door policy. Grievances are heard by HR Head, Plant Head and at CMO Level)

CategoryFY 2023-24
(Current Financial Year)
FY Jan 2022-Mar 2023*
(Previous Financial Year)
Filed during the yearPending resolution at the end of yearRemarksFiled during the yearPending resolution at the end of yearRemarks
Sexual Harassment00NA00NA
Discrimination at workplace00NA00NA
Child Labour00NA00NA
Forced Labour/Involuntary Labour00NA00NA
Wages00NA00NA
Other human rights related issues00NA00NA

*The Company had changed its financial year end from December to March in FY 23. Therefore, the figure for FY 23 is for 15 months.

FY 2023-24
(Current Financial Year)
FY Jan 2022 Mar 2023*
(Previous Financial Year)
Total complaints reported under Sexual Harassment on of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013 (POSH)00
Complaints on POSH as a % of female employees/workers00
Complaints on POSH upheld00

Local plant management have the committee comprising of plant head, HR head and one more person preferably head plant operations. Any complaint regarding discrimination and harassment etc. in specific shall be treated most urgently and will be inquired on priority at the plant level itself.

Yes

% of your plants and offices that were assessed (by entity or statutory authorities or third parties)
Child labour100.0%
Forced/involuntary labour100.0%
Sexual harassment100.0%
Discrimination at workplace100.0%
Wages100.0%
Others – please specify100.0%

Proactive measures are taken. At the time of entry of employee or worker, a detailed checklist will be followed to ensure statutory compliance w.r.t. child labour, forced labour and wages without fail. For Sexual harassment, POSH is there in place and for discrimination, local management committee is in place.

ACC Limited