Our suppliers and business partners are essential stakeholders, playing a crucial role in the success of our operations. We prioritise building mutually beneficial relationships with partners who align with our values, uphold ethical standards and are committed to sustainability, ensuring long-term success for all involved.
Before forming partnerships, we conduct thorough assessments to ensure our suppliers meet legal, health, safety, and other essential standards. Our Supplier Code of Conduct (SCoC) serves as a comprehensive framework, enabling suppliers to consistently adhere to our established standards.
The foundational principles delineated in our Supplier Code of Conduct underscore our commitment to responsible and ethical engagement:
By prioritising these principles, we strive to cultivate a partnership that is both collaborative and mutually beneficial. We are committed to managing the risks associated with adverse social and environmental impacts across our supply chain. We strive to engage with suppliers who demonstrate strong environmental and social practices. We train and support all of our procurement professionals and suppliers on matters related to sustainable purchasing and the improvement and prevention of adverse environmental impacts. Furthermore, we will integrate sustainable procurement objectives in the performance reviews of buyers in the future. We are also dedicated to supporting businesses owned by women and minorities and seek to work with them on a priority basis wherever possible.
We have introduced a comprehensive supply chain assessment programme aimed at key suppliers. Implemented in phases, this initiative is designed to systematically evaluate and enhance the sustainability standards of our suppliers and business partners. Through detailed assessments, we identify areas for improvement, promote transparency and drive positive change across our supply chain. This ongoing programme seeks to build a resilient, socially responsible supply chain that aligns with our values and fosters a sustainable future.
our website Access our policy on responsible and sustainable procurementAs part of our focus towards responsible sourcing and sustainable practices, we have introduced a comprehensive Digital Sustainability Supply Chain Assessment across our core verticals-steel, cement, energy, infrastructure and paints.
In a significant milestone during the reporting year, we completed in-depth ESG assessments for over 90 key suppliers, representing around 35% of total procurement spend. This initiative demonstrates our commitment to embedding sustainability throughout our value chain. Using the ‘Synesgy’ digital platform, of CRIF India, suppliers participated in structured ESG self-assessments, scoring exercises and tailored action plans to drive continuous improvement and transparency. These measures ensure that environmental, social and governance considerations are at the heart of our supply chain.
To amplify the impact of these initiatives, we conducted sustainability awareness sessions for suppliers and buyers. We also encouraged our leadership and procurement teams to integrate these principles into our sourcing strategies and decision-making. We remain resolute in creating a responsible, resilient and future-ready supply network that delivers lasting value for all stakeholders.
We completed assessment for
90+
of our key suppliers