Aditya Birla Group-A Rich Heritage of Ethics and Values

Mr. Kumar Mangalam Birla

Starting with a quoted, “The Golden rule I can think of is the fact that you must follow your passion and do something that’s close to your heart”,

And this followed by one of the most passionate and committed people and who is a source of inspiration to many  entrepreneurs Mr. Kumar Mangalam Birla owner of ADITYA BIRLA GROUP.

Started in 1857 and since from they are  delivering values to customers and the society.

Conducting business with ethics

Aditya Birla Group business activities  which are  influence by ethics approach includes

1. ·          Human  rights
2. ·         Antitrust and anti-corruption,
3. ·         Grievance measures and
4. ·         Collective bargaining

Human rights

Human rights are importance for all businesses. The Aditya BIRLA GROUP gives values and protection to the rights of there workers.

They are having a good connection with there employees.

On July 2019 the company published a new Human Rights Policy on the principles of UN Global Compact.

Which covers issues such as employee and stakeholder engagement, diversity and equal opportunities, and forced and child labor.

This are the some points of the policy,

·       Maintaining positive legal compliance with applicable constitutional and regulatory human rights requirements and conforming to the Aditya Birla Group Sustainability Framework.

·       Promoting awareness of the human rights with employees at various levels  through training and communication.

·       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.

Antitrust and anti-corruption

Fraud is a broad legal concept, majorly encompassing the characteristic of the intention to defraud.
Fraud can occur in all types of organizations, irrespective of their size or type and due to the technologically advanced operations, growing complexities of internal structures of organizations.
And as its a global organization they formed  an Anti Fraud Policy in the Company .
The  intention is to control the corruption in the organization and also  promote consistent legal and ethical organizational behaviour by assigning responsibility for the development of controls and providing guidelines for reporting and conducting investigations of suspected fraudulent behaviour. 

OBJECTIVES OF POLICY  

The policy has been framed to implement controls and prevention of fraud, reporting of any fraud   and appropriate dealing of issues relating to fraud. 

here are some main objectives

            a. Creating and maintaining a culture of honesty and high ethics; 

            b. Creating awareness about risks and controls;

            c. Identify and assess the risks of fraud; 

            d. Implement the processes, procedures and controls needed to mitigate the risks and reduce                    the opportunities for fraud; and

            e. Develop an appropriate oversight process. 

Grievance measures

The  hotline is available for employees to anonymously report, via telephone, text message or email, any illegal or non compliant behavior they observe.

The hotline is run by an independent third party, 24 hours a day, 365 days a year, and escalates issues to our Internal Audit Department and Chief Legal Officer.

Employees may ask questions concerning actual or potential situations, and calls made to the hotline are handled in full compliance with local law. Depending upon the issues, these are then investigated by a team of auditors and/or human resources professionals. The hotline is available at all our plants and offices.

Grievance measures	2018	2019
Hotline calls (total)	28	10
Calls investigated	19	10
No further action needed	14	3
Resolved through collective bargaining	0	0
Disciplinary actions	5	7
Formal community grievances	-	0

 

Collective bargaining agreements

They are committed to absolute fairness when it comes to employee concerns such as wages, working hours, benefits and conflict resolution processes. As such, the sign legally binding collective bargaining agreements to ensure we operate fairly and consistently with all our staff.

THANKS,
MD ALI KHAN