Beruflich Dokumente
Kultur Dokumente
HERO
ANNUAL REPORT 2015-16 FOREVER
ANNEXURE VI
BUSINESS RESPONSIBILITY
REPORT
103
SECTION B: FINANCIAL DETAILS OF THE COMPANY
1. Paid up Capital (`) 39.94 crores
2. Total Turnover (`) 28,990.42 crores
3. Total prot after taxes (`) 3,132.37 crores
4. Total Spending on Corporate Social Responsibility (CSR) as Our total spending on CSR is ` 65 crores which is 2.23% of average
percentage of average net prots (%) net prots of the last three nancial years
SECTION C: OTHER DETAILS the Company? If yes, then indicate 1.2 Details of the BR head:
1. Does the Company have any the percentage of such entity/ DIN 00004223
Subsidiary Company/ Companies? entities? [Less than 30%, 30-60%, (if applicable)
Yes. We have 6 Subsidiaries More than 60%] Name Mr. Pawan Munjal
(including step-down Subsidiaries) Hero actively engages with its Designation Chairman, Managing
outside India and 1 Subsidiary in suppliers through its BR initiatives. Director & CEO
Telephone +91 11 4604 4100
India. Details of the same have Currently, percentage of suppliers
Number
been provided in another section of under the Green Vendor Development E-mail id secretarialho@
the Annual Report. Program (GVDP) is more than 60% of heromotocorp.com
total supplier universe.
2. Do the Subsidiary Company/ 2. The National Voluntary Guidelines
Companies participate in the BR SECTION D: BR INFORMATION on Social, Environment and
Initiatives of the parent company? 1. Details of Director/Directors Economic Responsibilities of
If yes, then indicate the number of responsible for BR Business (NVGs), released by the
such subsidiary company(s) 1.1 Details of the Director/Directors Ministry of Corporate Affairs, has
The Company engages actively responsible for implementation of adopted nine areas of Business
with its Subsidiary Companies on the BR policy/policies Responsibility.
Business Responsibility initiatives. DIN 00004223
(if applicable)
3. Do any other entity/entities (e.g. Name Mr. Pawan Munjal
suppliers, distributors etc.) that Designation Chairman, Managing
the Company does business with, Director & CEO
participate in the BR initiatives of
P P P P P P P P P
No. Questions
1 2 3 4 5 6 7 8 9
1. Do you have policy/policies for Y Y Y Y Y Y NA Y Y
Has the policy being formulated in consultation with the relevant
2. Y Y N N N Y NA Y Y
stakeholders?
3. Does the policy conform to any national/international standards? If yes,
Y Y Y Y Y Y NA Y N
specify?#
4. Has the policy being approved by the Board? If yes, has it been signed by
Y Y Y Y Y Y NA Y Y
MD/owner/ CEO/ appropriate Board Director?
5. Does the Company have a specied committee of the Board / Director/
Y Y Y Y Y Y NA Y Y
Official to oversee the implementation of the policy?
6. Indicate the link for the policy to be viewed online? Y Y Y Y Y Y NA Y Y
Has the policy been formally communicated to all relevant internal and
7. Y Y Y Y Y Y NA Y Y
external stakeholders?
Does the Company have in-house structure to implement the policy/
8. Y Y Y Y Y Y NA Y Y
policies?
9. Does the Company have a grievance redressal mechanism related to the
policy/policies to address stakeholders grievances related to the policy/ Y Y Y Y Y Y NA Y Y
policies?
10. Has the Company carried out independent audit/evaluation of the working
Y Y Y Y Y Y NA Y Y
of this policy by an internal or external agency?*
* Mostly through internal audits and external consultants
# All policies have been formulated after detailed consultation across the Industry. The policies are materially in compliance with all mandatory/applicable national/
international laws, rules, regulations, guidelines and standards.
All policies denes the responsibility spectrum of respective policy owners
Code of Conduct of the Company is available at http://www.heromotocorp.com/en-in/about-us/code-of-conduct.html . Code of Insider Trading, Policy on Prevention
of Sexual Harassment, HR Policies on Employee well-being are available intranet. Policy on Vigil mechanism is available at http://www.heromotocorp.com/en-in/
about-us/key-policies/vigil-mechanism-policy.html. Policies on Quality and Environmental Protection are available at http://www.heromotocorp.com/en-in/about-us/
key-policies.html. CSR Policy of the Company is available at http://www.heromotocorp.com/en-in/about-us/key-policies/corporate-social-responsibility.html. Policy
on warranty and service maintenance schedule is available at http://www.heromotocorp.com/en-in/rider-zone/bike-warranty-details-and-policy.html
If answer to the question as stated above against any principle, is No, please explain why: Not Applicable
P P P P P P P P P
No. Questions
1 2 3 4 5 6 7 8 9
1. The Company has not understood the Principles
The Company is not at a stage where it nds itself in a position to
2.
formulate and implement the policies on specied principles
3. The Company does not have nancial or manpower resources available for
the task
4. It is planned to be done within next 6 months
5. It is planned to be done within the next 1 year
6. Any other reason (please specify)
Sexual Harassment of Women at 130350 cum per year which is services from local & small
Workplace (Prevention, Prohibition 3.5 times more than the total producers, including communities
and Redressal) Act, 2013. The water requirement. surrounding their place of work?
Policy on Vigil Mechanism has 3) Other power saving initiatives If yes, what steps have been
been formulated on the basis of like installation VFDs, LED taken to improve their capacity
Companies Act, 2013 and SEBI Lighting, Energy efficient and capability of local and small
(Listing Obligations and Disclosure devices, presence sensor etc. vendors?
Requirements) Regulations, 2015. at different plants amount Localisation is paramount to
to 26.89 LKWH which is able sourcing strategy and HMCL is
All our executive employees have to offset use of Natural Gas/ procuring goods and services
been imparted mandatory training GRID power/HSD resulting in from Local supply chain partners
and acceptance to adherence has a reduction of 1521 tons of which includes Large, Midsize and
been obtained. Regular training CO2 emissions annually. small scale industries who meets
programs are conducted across our quality, delivery, cost and
locations to explain and reiterate 2. For each such product, provide technology expectations.
the importance of adherence to the following details in respect of
the Code. The Code of Conduct is resource use (energy, water, raw 5. Does the company have a
informed to all stakeholders via material etc.) per unit of product mechanism to recycle products
our website and annual reports. (optional). and waste? If yes what is the
Communication campaign was run (a) Reduction during sourcing/ percentage of recycling of
to further strengthen awareness production/distribution products and waste (separately as
on Code of Conduct. Additionally, achieved since the previous <5%, 5-10%, >10%).
an E-learning module is being year throughout the value Yes, the company has a mechanism
created to ensure understanding chain? for recycling of its waste. We have
and acceptance to adherence. Not applicable managed to recycle 90% of our
waste water back to the process
While the above-mentioned (b) Reduction during usage by using Zero liquid discharge
policies/codes are currently not consumers (energy, water) platform. Balance 10% is being
applicable on the Group/Joint has been achieved since the reused for horticulture activities.
Ventures/Suppliers/Contractors/ previous year?
NGOs/Others, the Company plans Details given above in point 1. Principle 3
to extend the applicability of The Company recognises that its
the same to other entities going 3. Does the company have procedures employees are an invaluable asset and
forward. in place for sustainable sourcing fundamental driver of its growth. The
(including transportation)? If yes, Company has implemented several
2. How many stakeholder complaints what percentage of your inputs policies and initiatives which promote
have been received in the past was sourced sustainably? the welfare of all its employees.
nancial year and what percentage Yes. The Company has taken few
was satisfactorily resolved by the initiatives in past years, wherein The policies on Employee Mutual Medical
management? the Company has ensured the Benet Scheme have been communicated
We have not received any sustainable sourcing. Following to all employees by means of the intranet.
complaints with regard to violation are two of the initiatives taken in The (a) Superannuation / National
of the Code of Conduct, Insider past FY in this regard: Pension Scheme and (b) Post-Retirement
Trading Code and Policy on Program SCOPE (Supplier Medical Insurance Fund Scheme are
Prevention of Sexual Harassment Certication of Part communicated to all employees via
in FY 2015-16. Total of 6 cases Excellence), in which we email.
were reported in FY 2015-16. enrolled 22 suppliers for new
3 cases have been investigated & parts quality up-gradation Key initiatives taken during the year are
action taken, 3 cases are currently for direct on line supplies in as follows:
under investigation. FY 2015-16. a) In order to retain Talent across
106
Implementation of TPM the company and promote Work
Principle 2 methodology approach at our Life Balance, the Company has
1. List up to 3 of your products supplier was continued and introduced Flexi-Working Hours for
or services whose design has we enrolled 16 supplier in our Corporate Functions.
incorporated social or environmental FY 2015-16 in this initiative. b) Your Company has taken a
concerns, risks and/ or opportunities. multipronged process to develop
1) Our R&D centre at Jaipur However, it is difficult to ascertain gender diversity inside the
has a solar power plant of the percentage of inputs sourced organization and created policy
650 KWp on its roof which is from these suppliers accounting that helps female professionals
able to offset 750 ton of CO2 towards total inputs due to many to thrive at workplace. Alternate
emission annually. different kinds of materials being Career Path (ACP) policy is one
2) Rain water harvesting system used by us. such step that provides a career
with 150 recharge shafts at transition to female professionals
CIT Jaipur with an annual 4. Has the company taken any who have taken a break from their
water harvesting potential of steps to procure goods and professional lives.
CORPORATE GOVERNANCE FINANCIAL
OVERVIEW REPORTS STATEMENTS
Company has a CSR Policy Its fundamentals are based on improve the state of environmental
which derives its core values inputs from top management and resources affected by human
and covers various aspects as all stakeholders. The policy is activities. Our environment
per guidelines given by Ministry completely in sync with current management aims toward ensuring
of Corporate Affairs as part of government regulations as well. that the ecosystem services in areas
Companies Act, 2013. The Policy where we operate are protected
has been developed considering We undertake purposeful activities and maintained for equitable use by
our organizations focus as well with the goal to maintain and future generations.
as international best practices.
Our efforts during the year were focussed on the following key initiatives:
S.
Project or activity identied Project Details
No
1. Tree plantation 1.6 Lac tree plantation at Delhi NCR and near to our Offices PAN India
2. Promoting preventive health care and Preventive health care camps in rural area and schools.
sanitation Toilet facility of 82 nos to 13 Govt. schools in Haryana, Rajasthan and Uttrakhand
3. Education promotion and vocational skill Construction and Renovation of schools infrastructures at Haryana and Uttrakhand.
development for children and women Education promotion program in Delhi, Punjab, Rajasthan, AP, Bihar, Orissa and UP
4. Promoting Road Safety Awareness Promoting Safe Riding through traffic training park development and Road safety
awareness program
5. Community Development Community Development program and Promoting Education, Safety and socio
economic development awareness through all media
2. Are the programmes/projects undertaken through inhouse team/own foundation/external NGO/government structures/
any other organisation?
The programmes are undertaken either directly or through specialized agencies Raman Kant Munjal Foundation, Ayus,
FUEL, Magic Bus, CRY, HPPI and RoSES.
4. What is your companys direct contribution to community development projects - Amount in INR and the details of the
projects undertaken?
Amount (` in crores)
Project
for FY 2015-16
i. Tree Plantation 3.40
ii. Promoting preventive health care and sanitation 2.42
iii. Education promotion and vocational skill development for children and women 42.95
iv. Promoting Road Safety and Awareness 6.99
v. Community Development 3.72
5. Have you taken steps to ensure d) Health check-up camps, eye received by the Company. Out of
that this community development check-up camps, yoga camps. this, 52974 complaints/cases were
initiative is successfully adopted e) 66 motorcycles for WWF/ successfully resolved and 497 (1%)
by the community? forest departments. were pending at the end of 2015-16.
We make attempts to ensure that f) Supporting people after Nepal
109
projects continue and sustain earthquake. 2. Does the company display product
within communities beyond our information on the product label,
interactions. During the year, During the year, we have conducted over and above what is mandated
we focussed on the following 71 activities across locations as per local laws? Yes/No/N.A. /
new community development covering 44,968 people. Remarks (additional information)
initiatives: Yes. We provide information as
a) Supporting night shelters in Principle 9 required by the Legal Metrology
winters. 1. What percentage of customer Act, 2009. We voluntarily and
b) Supporting Chennai ood complaints/consumer cases are actively inform all our dealers on
victims. pending as on the end of nancial any changes in product packaging
c) Workshops on tie and dye, year. through notices. We have also
Fire Safety, Health and Safety, During the year, 53471 customer been running educative campaigns
Cleanliness and other areas. complaints/consumer cases were informing customers to operate
HERO MOTOCORP LTD. HERO
ANNUAL REPORT 2015-16 FOREVER
vehicles in a more fuel efficient consumers can also log in to the 4. Did your company carry out any
manner and to read the operating corporate website and send in consumer survey/ consumer
manual and the Road Safety their feedback or complaints. satisfaction trends?
leaet. The leaet enumerates We continue to undertake study to
good to emulate riding practices, 3. Is there any case led by any measure customer satisfaction for
fuel saving tips etc. in a reader- stakeholder against the company the new products launched last
friendly and easy to understand regarding unfair trade practices, year through a third part agency.
manner. Our spare part products irresponsible advertising and/or anti- Apart from that we carry out brand
come with a customer cell phone competitive behaviour during the last track study on a monthly basis to
number, address and email ID, ve years and pending as on end of gauge health of our product brands
where consumers can reach nancial year? If so, provide details as well as corporate brand vis-a-
our executives with feedback, thereof, in about 50 words or so. vis competition.
grievances and even queries There is no such case pending as
regarding our products. Besides, on nancial year 2015-16.
110