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UNGC Report:UNITED NATIONS GLOBAL COMPACT

MIDHANI reaffirms commitment to UN Global Compact

MIDHANI, as a signatory to ‘UN Global Compact’ initiative, reiterates its firm commitment to implementation of the UN Global Compact’s ten principles in the areas Human Rights Protection, Labor, Environment and Anti –Corruption measures. The Company does implement the spirit of the guiding principles of UN Global impact in its business strategies and operations.

Committed and duty bound, MIDHANI a Central Public Sector Company under Ministry of Defence, Government of India, had incorporated the issues of Corporate Governance, Corporate Social Responsibility (CSR), Safety, Energy Consumption, Human Resource Development and customer satisfaction with measurable yardsticks in the Memorandum of Understanding (MoU) for the year 2011-12 with Government of India; Sustainable Development (SD) has been added in current year 2012-13 MoU.

Assessment of Carbon Footprint of the Company has been carried out and scope areas as per Green gas (GHG) protocol have been identified ; remedial measures are being taken. As an anti –corruption measure and for smooth functioning of Purchase department all procurements have been initiated through e-procurement route. The prevention and redressal mechanism for sexual harassment in work place has also been introduced.

As a responsible business organization, MIDHANI has always been striving hard to create and maintain clean environment, uphold dignity of human beings , prevent corruption, exploitation of labor and follow the concept of “ Triple Bottom-line”-Planet, People and Profit for corporate sustainability.

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M. Narayana Rao
Chairman & Managing Director
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Last Updated and Reviewed on 08-12-2017