Corporate Social Responsibility refers to transparent business practices that are based on ethical values, compliance with legal requirements, and respect for people, communities, and the environment. Thus, beyond making profits, companies are responsible for the totality of their impact on people and the planet.
Panchavaktra has adopted a business approach which enhances living our value, our long-standing commitment to health and safety, environmental stewardship, honesty and integrity, corporate citizenship and a high performance team. The Panchavaktra manages its business in a way that promotes social, environmental and economic benefits to its customers and traders. The Panchavaktra’s Corporate Social Responsibility (CSR) Policy covers the core elements of CSR.
Care for all Stakeholders:
The Panchavaktra respect the interests of, and is responsive towards all stakeholders, including shareholders, employees, customers, suppliers, project affected people, society at large etc. and create value for all of them. We develop mechanism to actively engage with all stakeholders, inform them of inherent risks and mitigate them where they occur.
Ethical responsibilities embody those standards, norms, or expectations that reflect a concern for what consumers, employees, shareholders, and the community regard as fair, just, or in keeping with the respect or protection of stakeholders’ moral rights.
Respect for Workers’ Rights and Welfare:
The Panchavaktra provide a workplace environment that is safe, hygienic and humane and which upholds the dignity of employees. We provide all employees with access to training and development of necessary skills for career advancement, on an equal and non-discriminatory basis.
Respect for Environment:
The Panchavaktra take measures to check and prevent pollution; recycle, manage and reduce waste, manage natural resources in a sustainable manner and ensure optimal use of resources like land and water. We also proactively respond to the challenges of climate change by adopting cleaner production methods, promoting efficient use of energy and environment friendly technologies.