Material area identified Indicate whether risk or opportunity Rationale for identifying risks | opportunities Mitigating actions Financial implications of the risk or opportunity Employee development Employee development helps in enhancing employee competence, skills and knowledge. It also reflects a commitment to fairness, inclusion and long-term value creation, which are key for organisational growth. The Company views employee development as a continuous process and focuses to: Implement learning and development initiatives for all work levels Enhance skills through role rotations and role enrichments Positive Innovation and Technology Innovation and technology drive efficiency, improve product safety and reduce environmental impact. This can help in meeting stakeholder expectations, enhance competitiveness and create long term value. The Company is currently focusing to: Integrate the principles of green chemistry into manufacturing operations Implement novel technologies Positive Logistics and sustainable sourcing Logistics and sustainable sourcing impact the environment, cost efficiency and supply chain resilience of the Company. Responsible sourcing ensures ethical practices and sustainable use of resources, while efficient logistics help reduce emissions, effluents and wastes. The Company places great importance on logistics and sustainable sourcing to achieve its business objectives, reduce environmental impact and make a positive difference to the lives of people. We are taking the following actions: Build ESG capacity within critical suppliers (tier 1, 2) Develop a supplier assessment framework to assess policy, practices and performance on ESG Conduct on-site sustainability evaluation audits for critical suppliers Develop third-party audit of suppliers along with reward and recognition Explore digital technology for transparency in supply chain Optimise routes and use fuelefficient vehicles Use electric vehicles for warehouse Positive Integrated Annual Report 2024-25 100
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