human rights policy
Yadu Corporation recognises the valuable role that business can play in the longer-term protection of human rights. The Group Companies are committed to respecting the human rights of our workforce, communities and those affected by our operations wherever we do business (including our contractors and suppliers) in line with internationally recognised frameworks. Our commitment entails respecting human rights and seeking to avoid involvement in human rights abuses, identifying, assessing and minimising potential adverse impacts through due diligence and management of issues, and resolving grievances from affected stakeholders effectively”.
Every Yadu Corporation Company endeavours to achieve our commitment by:
- Maintaining positive legal compliance with applicable constitutional and regulatory human rights requirements and conforming to the Yadu Corporation Sustainability Framework;
- Undertaking an iterative, due diligence process, the focus of which is identifying, assessing and managing potential risks and impacts;
- Aligning our existing policies, processes and activities with our commitment to respect human rights, including those that apply to labour practices, engagement with indigenous peoples; land acquisition, supply chain, and security management;
- Promoting awareness of the human rights with employees at various levels of our operations through training and communication;
- Engaging with stakeholders in an inclusive, transparent and culturally appropriate manner on human rights concerns related to our business activities;
- Valuing diversity, equal opportunity and the need to consider the rights of vulnerable groups such as indigenous peoples, women, migrant workers and other minorities;
- Prohibiting all forms of harmful child labour, forced / trafficked labour, discrimination and harassment;
- Providing access to remedy by resolving grievances in a timely and culturally appropriate manner;
- Influencing our contractors, suppliers and other organisations with whom Yadu Corporation has a leverage to adopt our Sustainability Framework and to encourage and support the development of equivalent management systems;
- Developing goodwill, creating sustainable employment and stimulating economic opportunities in the communities that host our activities;
- Establishing clear accountability by assigning adequate resources and responsibilities for effective management of human rights risks;
- Continually improving human rights performance by sharing good practices and learnings, setting and reviewing targets, and monitoring, reporting and disclosing performance.
Each Yadu Corporation Company shall sign up to this policy or develop an equivalent that shall be implemented throughout its operations.
This policy shall be reviewed periodically for its suitability and updated as necessary.
Every Yadu Corporation Company endeavours to:
- Establish site emergency plans at all sites to manage events whose impacts while serious do not require the resources needed by a crisis;
- Establish and maintain a Crisis Management manual, including an escalation protocol, and appropriate Business Continuity / Disaster Recovery plans to maintain production and customer service levels;
- Ensure compliance with applicable legal and regulatory requirements and conform to the requirements of Yadu Corporation Crisis Management Technical Standard;
- Establish and maintain a Crisis Management organization with defined roles and responsibilities for managing a Crisis;
- Establish a crisis management governance programme to oversee the development and maintenance of a crisis management plan that also fosters and reinforces organisational resilience (and if appropriate covers crises at key outsourced or supplier sites);
- Identify generic outcomes and quantify the impact of incidents whose severity is sufficient that they would be designated as a Crisis;
- Identify response options to be invoked in the event that an incident is declared as a Crisis;
- Plan for and provide access to physical and technical resources likely to be required during the management of a Crisis;
- Ensure a communication protocol is established and functional to disseminate timely and accurate information among internal and external stakeholders during a crisis;
- Establish a programme of training, desk-top tests and full-scale drills designed to simulate high risk incidents and crisis scenarios;
- Pursue excellence through continuous improvement based on learnings from Crisis scenarios and drill programmes.
Each Yadu Corporation Company shall sign up to this policy or develop an equivalent that shall be implemented throughout their operations.
This policy shall be reviewed periodically for its suitability and updated as necessary.