Communication on Progress

Communication on Progress

Participant
Published
  • 08-Nov-2012
Time period
  • November 2011  –  November 2012
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • 8.11.12

    To our stakeholders:

    I am pleased to confirm that 'Southeast Electronic Components' reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

    In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

    Sincerely yours,

    
[ I S Banan ]
    (M.D.)

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Southeast has of confirm belief that all human beings are born free and equal in dignity and rights.They are endowed with reason and conscience and should act towards one another in a spirit of brotherhood.

    We at southeast promote the culture that everyone is entitled to all the rights and freedoms, without distinction of any kind, such as race, colour, sex, language, religion, political or other opinion, national or social origin, property, birth or other status.

    We feel that it is our duty,to educate people about their rights and we promote this activity thru our human resource dept.and for any queries people can contact it directly.

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • Our HR dept is instructed to guide and teach persons for their rights and ensure that they are benefitted from them.

    We had placed a suggestion / complaint box in which any person can put their suggestions or complaints and the same was handled confidentially with the top management for its resolution and it is ensured that there is no voilation of any human rights.

    We encourage our employees for openness and a due respect is provided for their suggestions / complaints.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • The company has not encountered any incident in the last year for human rights violation and the top management contiually reviews the company policies so as to achieve more.

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • We had a written down 'Labour Policy' wherein Southeast committed to comply to the various rules and regulations applicable by the law of land and applicable in the country.

    Southeast, promotes the culture which is developed on trust and respect and discourage any type of child labour.

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • Labour policy is displayed in the company and all care has been taken by top management that various rules and regulations are implemented.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • HR dept.and top management jointly discuss and ensure that all employees are treated equally and provided equal resources which are applicable as per law of land.

    Montlhy meeting of all employees with the top management is organised to listen to their issues and their resolution.

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • Environment, Health Policy is written down at Southeast so as to ensure protection of environment and health of their employees.To strengthen its working and ensuring sustainability company has a valid ISO-14001 certificate.

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • Regular trainings provided to employees on environment protection and ISO-14001 systems followed in the companty with regular audits by third party.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • Performance is monitored thru regular internal audits and compliances assured.Also third party audits conduted once in a year for ensuring compliance of the system in the company.

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Comapny is very strict on this issue and continously holds the Zero tolerance policy for corruption and bribery.In accordance to this company has formulated the Ethics Policy and continue with it.

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • Ethics Policy is formulated and displayed and regularly monitored by top management for the actions. Employees are encouraged to give feedback for any unfair practices prevalent in the company thru' suggestion / complaint bos which is in direct access to everyone.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • Regular interaction meetings held at different levels with different employee groups and feedback taken without disclosing their identities and also they are encouraged to submit their suggestions thru suggestion box. Any case related to violation shall be handled directly by senior management.