Page 45 - InterloopLimitedSR2020

Engagement Topics Identified by
Stakeholders Engagement Method Frequency Stakeholders Our Response
STAKEHOLDERS’ ENGAGEMENT Continuous focus on innovation
•
Economic returns
and business development,
• Management of health and defining /updating polices for
safety of employees and
Shareholders/ AGM/EOGM/ Corporate health and safety management
Investors Affairs Department Ongoing environmental risks in the wake of COVID-19,
• Interventions for the investing in environmentally
progress of local friendly technologies and CSR
communities program management
Continuous investment
in production capacity
• Investments/Expansion
Briefing, Reports, Ongoing/ & expansion, pursuing
Analysts Corporate Affairs Occasional • Environmental initiatives environment friendly initiatives,
Department • CSR actions regular CSR investment and on
account of COVID-19 for the
betterment of local communities
Continuous innovation and
• New Products/Designs up-gradation and enhanced
Customer Surveys, • Quality focus on quality products,
Customers Customer Feedback, Ongoing management of impacts on
Marketing Department • Impacts on the the environment and society
environment and society through internal initiatives and
CSR policies
Annual Dinner, CBA
Stakeholder consultation is an integral reporting principle of Stakeholder discussing the issues relevant to them Meetings, Human Provision of market-
part of our business strategy. The Inclusiveness from GRI Standard and Interloop. Resource Department, • Employee benefits based benefits, on job
inputs from stakeholders not only Foundation 101:2016 was used Open House Sessions, • Job-related training training to enhance their
help us in devising strategies to during the process of stakeholder However, during the year, we have Employees Mission Awareness Ongoing • Health and safety of skill sets and investment,
meet stakeholder expectations but engagement. The stakeholders were carried out specific engagement Sessions, Employee workers policies, procedures for the
also enable us to create and deliver identified, mapped, and prioritized with the selected stakeholder groups Surveys, Employee management of health and
safety of workers
shared value. Stakeholders include for engagement on the basis of their to discuss our response to their Awards
individuals, entities, and groups relationship with Interloop, their ability concerns, which were raised during
who have the potential to affect our to impact or vulnerability due to last year’s sustainability report specific • Business opportunities Business development leading
ambitions, targets, and business Interloop’s activities and operations, engagement, and collected their input Supplier Surveys, • Environmental friendly to increased opportunities,
objectives and/or who are affected proximity, and willingness to engage. to update the material topics for this Suppliers Code of material and guidance on exploring environmental
by our activities and operations. GRI They are engaged throughout the year year’s sustainability report. Suppliers Conduct, Request for Ongoing new material requirements friendly materials and training/
through concerned departments for Quotations and assessment of guidance to suppliers on new
suppliers for environmental requirements
and social impacts
Reports, Consultative Compliance with laws and
Regulators/ Ongoing/ • Compliance with laws and
Government Sessions, Corporate Occasional regulations regulations in all business
Affairs Department activities
• Intervention in the field
of education especially
special children education,
technical education, Structured CSR program,
sports, health and initiatives based on community
safety of employees needs assessment, and
Local Meetings, Employee Ongoing and communities during investment in education, health,
Community Engagement COVID-19 pandemic, and sports for the betterment
health initiatives of local communities, along
for underprivileged with specific initiatives due to
communities for chronic COVID-19 pandemic
diseases, provision
of clean water and
infrastructure development

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