PRIVI SPECIALITY CHEMICALS LIMITED Annual Report 2020-21
75 Annual Report 2020-21 CORPORATE OVERVIEW STATUTORY REPORTS FINANCIAL STATEMENTS 2. Have you advocated/lobbied through above associations for the advancement or improvement of public good? Yes/No; if yes specify the broad areas (drop box: Governance and Administration, Economic Reforms, Inclusive Development Policies, Energy security, Water, Food Security, Sustainable Business Principles, Others) Yes, through CHEMEXCIL, FICCI and MMA. Broad Areas: Policy related to Chemical Sector (Fragrance), Environment. PRINCIPLE 8: BUSINESSES SHOULD SUPPORT INCLUSIVE GROWTH AND EQUITABLE DEVELOPMENT. 1. Does the company have specified program / initiatives / projects in pursuit of the policy related to Principle 8? If yes details thereof. The details related to such program/initiatives/projects are given in the CSR Report which is also included in the Annual Report. 2. Are the program/projects undertaken through in-house team/own foundation/external NGO/government structures/ any other organization? The program/projects during the year were undertaken through external agencies as well as our in-house team. 3. Have you done any impact assessment of your initiative? No 4. What is your company’s direct contribution to community development projects- Amount in INR and the details of the projects undertaken. The details related to company’s contribution towards community development are given in the CSR Report which is also included in the Annual Report. 5. Have you taken steps to ensure that this community development initiative is successfully adopted by the community? Please explain in 50 words, or so. Yes. We include few persons from village willing to volunteer in such initiative for preserving / maintaining the work done by the Company under CSR. PRINCIPLE 9: BUSINESSES SHOULD ENGAGE WITH AND PROVIDE VALUE TO THEIR CUSTOMERS AND CONSUMERS IN A RESPONSIBLE MANNER 1. What percentage of customer complaints/consumer cases are pending as on the end of financial year. The Company has no open or unresolved customer complaint for the Financial Year 2020-2021. 2. Does the company display product information on the product label, over and above what is mandated as per local laws? Yes/No/N.A./Remarks (additional information) All our finished products are liquids and are generally sold to industrial users. All the necessary information pertaining to the product transportation, safety and quality is provided along with the products. 3. Is there any case filed by any stakeholder against the company regarding unfair trade practices, irresponsible advertising and/or anti-competitive behaviour during the last five years and pending as on end of financial year. If so, provide details thereof, in about 50 words or so. No case is filed against the Company. Further, since the company is in B2B segment, Company does not advertise its products in any newspapers, TV media or on social platform. 4. Did your company carry out any consumer survey/consumer satisfaction trends? Yes, we do carry out Customer Satisfaction surveys and our customers share their satisfaction survey Report every year.
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