Baldota began publishing its sustainability reports from the year 2005-2006. Until the first year, we reported according to the application level A on the GRI G2 reporting framework. Now, we are reporting according to the level A+ of the G3 reporting guidelines. The themes for each year reflect our thoughts and actions. They are also driven by the market research scenario and our response to fulfill our commitments and promises to our stakeholders. We take it as our responsibility to build a society where all our employees and stakeholders play an equal and significant part in ensuring a sustainable environment.
Our reports are guided by the GRI (Global Reporting Initiative) G3 guidelines, with the purpose of authenticating the most important information pertaining to all our stakeholders through materiality analysis, hence being balanced, open, transparent and honest to all our stakeholders.
Reporting Cycle, Scope and Period
Since we initiated our sustainability reporting exercise, we have been following an annual reporting cycle. The scope of the report covers all significant activities, data and information for the respective financial year.
Intent of our Reporting
Our report is designed to connect with a diverse set of stakeholders. Our identified stakeholder groups are employees, suppliers, customers, local communities, regulatory authorities and lenders. However, the audience for our report is not limited to our identified stakeholders. Other stakeholders to whom we wish to communicate our commitment to sustainability through this report are non-government organizations (NGOs), research organizations and our peers in the industry.
We expand our horizons to
Our Approach towards identification of material issues
Through a top down approach, our management has prioritized materiality issues by examining several factors, including the levels of stakeholder, societal concern of our activities, our policies, objectives, and the level of control we have over these issues. You can know more about materiality issues by studying our sustainability reports.
Our sustainability report has been assured by a third-party agency. Please refer the assurance statement provided by M/s Ernst & Young Private Limited.