Corporate Social Responsibility

At SRMT, Corporate Social Responsibility is an inherent component of its long term business strategy that shapes the value system supporting the company’s vision & mission. This business strategy also accounts for and is responsible for the decisions and choices made each day by its executives, managers, employees and business partners as they engage with the society at large. It’s a broader framework that covers how SRMT lives & practices its values through its behavior: in the products it manufactures, in the services it offers, in how it treats its employees, in how it ensures a sustainable work environment.

Social responsibility and sustainability is an integral part of the SRMT ethos since its inception, and was crafted to constructively and consistently give back to society and contribute to social well-being.

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Environment

Management
Environmental Policy
Policy

Basic Principle on the Environment

SRMT recognizes co-existing with the global environment is an important management issue and is committed to realize sustainable growth of the society through the combined efforts of all members in all business operations.

Basic Policy on the Environment

Based on this principle, SRMT will lead society by carrying out environmental protection activities quickly and effectively with the consideration for climate change, biodiversity and finiteness of resources to hand over a healthier environment to future generations.

  • Promote activities to realize this policy by the organization with clearly defined responsibility and resources assured by Top Management.
  • Contribute to the society by creating and supplying eco-conscious products in the lifecycle perspective to the market.
  • Conduct eco-conscious production by assessing potential environmental impact from the product designing stage
  • Comply with national and local environmental laws, regulations and agreements with suppliers and customers, and also correspond to social needs.
  • Act proactively with the consideration for contributions to protect environment and conserve ecosystem through communication and interaction with local society.
  • Improve environmental performance continuously to achieve mid-long term targets and realize the environmental vision.
Protecting Nature and Biodiversity

In order to make its products, SRMT uses various metals and oxides as raw materials. These come from mineral ore and other sources mined all over the world. Mining for ore involves the risk of damage to the environment, including landscape damage, clearing of forests, changes in water sources, and possible effects on the ecosystems.

As a manufacturer of components, we cannot simply stop using raw materials, but we can try to mitigate adverse effects. We actively promote not only raw material resource savings by improving production efficiency, we also engage in activities aimed at protecting forest resources, water resources, and more.

All SRMT employees are aware of the impact on the environment from production activities. We consider the relationship between business operations and the environment and strive to protect a diverse global environment. SRMT expressly provides that employees are to consider contributions to ecosystems and take proactive action at all times.

Environmental Management System

EMS comprehensively address environmental issues that are becoming ever more complex and globalized. It goes beyond the approach focusing on single sites, allowing us to respond promptly and effectively while remaining aware of the big picture.

The production site of SRMT have applied ISO14001* certification and aimed at promoting SRMT Environment, Health and Safety.

SRMT invites suppliers to briefing seminars for business partners. Issues to be addressed will include reducing environmental impact at the procurement stage.

SRMT recognizes how important it is in management to assess environmental impact throughout the full lifecycle of products.

Through these seminars SRMT plans to emphasize to suppliers the importance of issues both societally and for business, and we will ask suppliers to take further environmental action and cooperate by making the necessary improvements.

Performance
  • Reduce CO2 Emissions from Production Activities
  • Reduce Water Usage
  • Use Resources Effectively
  • Reduce CO2 Emissions in Logistics
  • Reduce Risks of Chemical Use

Society

Response to Humanitarian Disaster

When natural disasters and humanitarian crises strike, communities are often devastated and left vulnerable, having little access to some of life's essentials, such as food, clean water, shelter, and basic services. While they must deal with the tragic loss of human life and property, they also have to face the uncertainty of seeing their livelihoods destroyed or severely affected.

SRMT is charged with mobilizing corporate and private contributions, and public sector grants, to support disaster preparedness and mitigation, emergency responses and to implement disaster rehabilitation and reconstruction programs.

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Social business projects

SRMT besides being a positive force to inspire youth. wishes to convey the fact that self-employment opportunities can also be made by individuals with a mind set to get trained.

In order to encourage Micro Enterprises all over the State of TamilNadu, “Suyathozhil manram” (Forum for Micro & Small Enterprises - FMSE) has been launched.

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The Forum will provide Training, mentoring along with guidance to avail bank loans for Micro and Small Enterprises. In addition to the Financial linkage assistance, the forum also aims at giving marketing assistance.

Benefits under FMSE:
  • Access to emerging Entrepreneurs all over Tamil Nadu.
  • Effective Networking with all stake holders like Bankers, Financial Institutions, Skill Development Institutes, Entrepreneurs etc…
  • Social Service Programmes through which Forum members can increase their reach and spread their Business.
  • Monthly Programmes involving Micro Enterprises, Financial Institutions & Training Institutions etc…
  • Free Special Entrepreneurship Directory to all Members.
Promotion of education

SRMT has been establishing Rural Tuition Centres under the Rural Education Development Scheme for the welfare of the school students of the rural areas. The aim of this scheme is to facilitate them to study in a peaceful environment and without any obstacles. We have appointed knowledgeable and experienced teachers in all our Centres to guide the students.

Unlike cities, we can see only a very few number of tuition Centres in the villages. SRMT runs 52 Rural Tuition Centres all over Tamil Nadu and Puducherry. This enables the children to get proper guidance and concentration in their studies.

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Governance

SRMT is striving to build an effective governance setup.

CSR Policy
Working Committee
S.No. Name Designation
1. Mr. Jayakumar
Management Representative, Social Sustainability
Head – Operations
2. Mr. Ashok Murali
Management Representative, Business Conduct & Compliance
PMO
3. Mr. Prakash
Management Representative, Environmental Sustainability
Manager – Quality
4. Mr. Ravichandran Head – Quality
5. Mr. Sathiah Sankar Sr. Manager HR
6. Mr. Vasanth Asst. Manager Admin
7. Altrin Jenix Prabhu Lead Engineer
8. Dharmaraj Production Engineer
9. Kavitha K Software Engineer
10. Ajmal khan Software Engineer
11. Mahaganesh C N Senior System Analyst
12. Sivagami K System Analyst
Code of Conduct
Corruption, Extortion and Anti-Bribery Policy:

We discourage employees from accepting gifts from clients or partners. Corruption is the misuse of public power for private profit, or the misuse of entrusted power for private gain. SRMT condemns improper demands for payment from Employees or government officials, referred to in many parts as ``extortion``. We prohibit briberies for the benefit of any external or internal party. Bribery is the offer, promise, or payment of cash, gifts, or even excessive entertainment, or an inducement of any kind offered or given to a person in a position of trust to influence that person’s views or conduct or to obtain an improper advantage. Bribery and corruption can take many forms, including the provision or acceptance of:

  • Cash payments;
  • Phony jobs or “consulting” relationships;
  • Kickbacks;
  • Political contributions;
  • Charitable contributions;
  • Social benefits; or
  • Gifts, travel, hospitality, and reimbursement of expenses.
Supplier Code of Conduct Policy
Respect for Human Rights Policy

SRMT believes that all persons have the fundamental right to be treated equal with personal dignity, respect, and fairness on any business decision regarding employment.

Non – Discrimination Policy

SRMT does not and will not discriminate any employee or job applicant, under any circumstances, because of race, color, religion, sex, national origin, age, physical or mental disability.

Our non-discrimination policy extends to hiring, placement, promotion, transfer, compensation, training opportunity and the administration of any personnel policy or condition of employment.

No forced or compulsory labor Policy

SRMT ensures that employees working in its facility are doing so voluntarily and does not engage in or support the use of forced labor.

The company shall not engage in or support the use of forced or compulsory labor as defined in ILO Convention 29. Neither the company nor any entity supplying labor to the company shall withhold any part of any personnel’s salary, benefits, property, or documents in order to force such personnel to continue working for the company.

Personnel shall have the right to leave the workplace premises after completing the standard workday, and be free to terminate their employment provided that they give reasonable notice to their employer. This is in compliance with Indian Bonded labor system (abolition) Act, 1976 and the contract labor (regulation and abolition) Act, 1970.

Neither the company nor any entity supplying labor to the company shall engage in or support trafficking in human beings.

All employees are informed of the terms of their employment i.e. job description, hours of work, over time details etc. and are not expected to work beyond these hours without their consent.

Employees are not required to work on any holiday or work overtime without their consent.

Designated person with specific responsibility to communicate, deploy, monitor and maintain the process and procedures aimed towards ensuring that forced labor is not used in the SRMT.

Employees in the recruitment & production function are trained on the requirements and other instruments relating to forced labor to ensure that violations do not take place at SRMT.

Periodic verification of the operation of processes and procedures aimed at ensuring that forced labor is not used in SRMT is carried out to monitor and ensure continued compliance.

No child labor Policy

SRMT does not employ Child Labor nor does it support the use of Child Labor.

The minimum age for recruitment for all levels of employees shall be 18 years and above.

It is ensured that any contract employees engaged through contractors and working in our factory shall also be above the minimum age.

At the time of employment, it is ensured that all employees are above or at least of minimum age. This is ensured by checking the age of all employees from age records as evidenced by birth certificates, school records, and certificate of age proof.

Periodic review of the performance of the process and procedures aimed at prohibiting child labor implemented in SRMT is carried during which the documents in support of age are also reviewed.

Health & Safety Policy

Ensure that all employees/personnel have a safe and healthy place to work and that the surrounding environment shall not be adversely affected by work activities.

Continual improvement in prevention of accidents, particularly those involving personal health or injury, through improvisation in process, where permissible, to avoid hardship and suffering.

Inculcate in all employees a sense of personal responsibility in preventing injury to themselves, their fellow workers and the public in general and to report to their immediate supervisor any hazard which they themselves cannot eliminate.

Comply with all statutory, regulatory & other applicable requirements related to occupational Health & safety.

Competition Law Compliance Policy

Employee shall not, directly or indirectly, for himself or herself, individually, jointly or as a partner, employee, agent or otherwise seek employment or to do business with any client of the Employer on whose accounts Employee worked at any time during employment, or any other client for which the Employer is performing services at the time of Employee’s termination of employment.

No human trafficking Policy

SRMT is committed to a work environment that is free from human trafficking and slavery, including forced labor and unlawful child labor. SRMT will not tolerate human trafficking or slavery in any part of our organization. This Policy applies to all personnel employed by or engaged to provide services to SRMT, including, but not limited to, SRMT employees, contract workers, contractors’ suppliers and partners. Every SRMT employee is responsible for reading, understanding and complying with this Policy.