Business Ethics and Corporate Governance
BUSINESS ETHICS AND CORPORATE GOVERNANCE
ASSIGNMENT
I. CSR practices by Maruti Suzuki & Maytas Infra ltd.
A) CSR by Maruti Suzuki India Ltd.
Employee welfare
Company will be deeply committed towards the welfare of its employees, their families and communities around its operations to improve quality of life as a whole.
Practicing 3R (Reduce, Reuse and Recycle) The company has been promoting 3R since its inception. As a result the company has not only been able to recycle 100% of treated waste water but also reduced fresh water consumption. The company has implemented rain water harvesting to recharge the aquifers. Also, recyclable packing for bought out components is being actively promoted. Greening of Supply Chain The company has been facilitating implementation of Environment Management System (EMS) at its suppliers' end. Regular training programs are conducted for all the suppliers on EMS. Surveys are conducted to assess the vendors who need more guidance. The systems and the environmental performance of suppliers are audited. Adopting energy saving technologies While the company continuous to improve energy saving initiatives through numerous Kaizens (continuous improvements) on the shop floor, thrust on adopting energy saving technologies has increased phenomenally. Three-coat-one-bake painting system: The Company introduced the three-coat one-bake system at its Manesar facilities. In this state of the art painting system, three wet-on-wet coats are applied and baked together. Conventional painting systems use two baking steps before the final finish. This helps is lower energy consumption and yet improving the productivity levels. The green co-efficient of this system is much better than the conventional system.
Road Safety
The company has been playing a leading role for many years now in promoting road safety and safe driving in the country. The company believes that in addition to
ASSIGNMENT
I. CSR practices by Maruti Suzuki & Maytas Infra ltd.
A) CSR by Maruti Suzuki India Ltd.
Employee welfare
Company will be deeply committed towards the welfare of its employees, their families and communities around its operations to improve quality of life as a whole.
Practicing 3R (Reduce, Reuse and Recycle) The company has been promoting 3R since its inception. As a result the company has not only been able to recycle 100% of treated waste water but also reduced fresh water consumption. The company has implemented rain water harvesting to recharge the aquifers. Also, recyclable packing for bought out components is being actively promoted. Greening of Supply Chain The company has been facilitating implementation of Environment Management System (EMS) at its suppliers' end. Regular training programs are conducted for all the suppliers on EMS. Surveys are conducted to assess the vendors who need more guidance. The systems and the environmental performance of suppliers are audited. Adopting energy saving technologies While the company continuous to improve energy saving initiatives through numerous Kaizens (continuous improvements) on the shop floor, thrust on adopting energy saving technologies has increased phenomenally. Three-coat-one-bake painting system: The Company introduced the three-coat one-bake system at its Manesar facilities. In this state of the art painting system, three wet-on-wet coats are applied and baked together. Conventional painting systems use two baking steps before the final finish. This helps is lower energy consumption and yet improving the productivity levels. The green co-efficient of this system is much better than the conventional system.
Road Safety
The company has been playing a leading role for many years now in promoting road safety and safe driving in the country. The company believes that in addition to