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Annual Report 2012-13

Creating Value


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Business Responsibility Report

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Čƒ Strategic Report

Čƒ Management Discussion and Analysis

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Čƒ Statutory Reports

Čƒ Financial Statements


75 BUSINESS RESPONSIBILITY REPORT

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Annual Report 2012-13


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ȃ Management Discussion and Analysis

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Training on Code of Conduct

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PRINCIPLE 1

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Annual Report 2012-13

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BUSINESS RESPONSIBILITY REPORT

8,700 man hours


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511,200 man hours

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“To ensure the safe handling of our products, we use a Material Safety Data Sheet which includes information on physical data, health effects, storage and disposal. We also use a Technical Services Resource for quality assurance.”

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PRINCIPLE 2

Safety and Optimal Resource Utilisation Across Product Lifecycle

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ȃ Strategic Report

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“Our occupational health standard helps us minimise the adverse impact of our operations on the health of our workforce. All units maintain a health management system that minimises, as far as is reasonably practical, the hazards and risks to employees and contract employees.” ]HURKDUPHQYLURQPHQWDFURVVDOORXURSHUDWLRQV :HVHHNWRDFKLHYHWKLVWKURXJKUHJXODURQVLWH WUDLQLQJ%HVLGHVZHDOVRVWULYHWRHQVXUHWKDW RXUVLWHPDQDJHPHQWWHDPVDUHIXOO\HQJDJHG LQHQGRUVLQJDQGSURPRWLQJDFXOWXUHRIFDUH DQGGLOLJHQFH:HHQFRXUDJHHPSOR\HHVDQG FRQWUDFWRUVWRUHSRUWQHDUPLVVHVŜZLWKRXWDQ\ IHDURIUHFULPLQDWLRQVWRGHYHORSDFXOWXUHRI FRQVWDQWVDIHW\PRQLWRULQJDQGHYDOXDWLRQ:H KDYHODXQFKHGDQGUROOHGRXWDSDQRUJDQLVDWLRQ 8QVDIH&RQGLWLRQV(OLPLQDWLRQ3URJUDPPH 7KHUHKDVEHHQDQRYHUDOOGHFOLQLQJWUHQGLQWKH LQFLGHQWUDWHVH[SHULHQFHGE\WKH*URXSZLWK DORVWWLPHLQMXU\IUHTXHQF\UDWH /7,)5 LQWKH UHSRUWLQJSHULRGRI DGHFUHDVHFRPSDUHG WRODVW\HDU DFFRXQWLQJIRUPDQGD\V ORVW5HJUHWWDEO\KRZHYHUZHGLGH[SHULHQFH IDWDOLWLHVLQ.H\VKRUWIDOOVRU LGHQWLʐHGLVVXHVDUHDGGUHVVHGDQGDWLPHIUDPH IRUWKHEXVLQHVVWRPHHWWKHVKRUWIDOOVLVDJUHHG FROOHFWLYHO\ZLWKWKHOHDGHUVKLSWHDP

BUSINESS RESPONSIBILITY REPORT

30% decrease

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Annual Report 2012-13

70,000

Sterlite Industries (India) Limited

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4.62 million man hours

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“Our people strategy is founded on this belief and is designed to recruit, develop and retain the talented workforce that run our businesses. We are committed to providing our employees with a safe and healthy work environment. ”

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ȃ Statutory Reports

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“We effectively engage with our stakeholders (Employees, Communities, Shareholders, Lenders, Civil societies, Government and our Industry) by understanding their key concerns and opinions and our materiality process has been an important aspect of our approach to achieving this understanding.” PRINCIPLE 4

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“Our biodiversity policy commits us to minimise and mitigate biodiversity risks throughout our operations and we strive to avoid adverse impacts on natural habitats.”

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Biodiversity

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â&#x20AC;&#x153;As a member of the Indian Primary Copper Producers Association (IPCPA), we contribute to economic policy by anticipating future needs, responding to these challenges and preparing stakeholders to benefit from opportunities.â&#x20AC;?

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125,000 Children

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“Our Health, Nutrition and Sanitation activities include the delivery of medical infrastructure such as the seven hospitals have established across various locations.”

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PRINCIPLE 8

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BUSINESS RESPONSIBILITY REPORT

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Annual Report 2012-13

250,000 Students

Sterlite Industries (India) Limited

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Serving the overall well being of the Society

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BUSINESS RESPONSIBILITY REPORT

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Product Development

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Quality Emphasis

VALUE TO CUSTOMERS Best-in-class Services

Technical Engagements

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Robust Systems and Processes

Annual Report 2012-13


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â&#x20AC;&#x153;We promote our products as sustainable, vital, clean, natural, durable and essential metals. We uphold key end applications such as energy efficiency, durability, corrosion protection and the essentiality of metals in everyday life.â&#x20AC;?

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Promoting responsible use of resources

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Annual Report 2012-13


Sterlite Industries (India) Limited SIPCOT Industries Complex Madurai By Pass Road, TV Puram P.O. Tuticorin - 628002, Tamil Nadu, India Tel. +91 461 424 2591 www.sterlite-industries.com

This annual report is printed on Eco-Friendly Paper


Sterlite Industries BRR 2012-13