Page 12 - ABFRL SUSTAINABILITY REPORT 2016-17
P. 12

EXECUTIVE MESSAGES       REPORTING SCOPE & BOUNDARY       CORPORATE GOVERNANCE
             COMPANY PROFILE        SUSTAINABILITY & US







                                                              U         s
                                                     S U S T A I N B I L I T Y      &









                        Sustainability has been woven into Aditya Birla Fashion and Retail Ltd. (ABFRL) and reflects
                        in fashion, style and values that we promote. It has been built into our business strategies,
                        integrated into our brand and tied to our core business. As the founding circle member of
                        Sustainable Apparel Coalition, our brands and facilities have adopted the Higg Index,
                        to self-assess and steer sustainability throughout the product life cycle.

                                    ADITYA BIRLA GROUP SUSTAINABILITY FRAMEWORK



                             Responsible Stewardship  Stakeholder Engagement  Future-Proo ng Including
                             Create a framework to move us   Gain knowledge to understand  our Supply Chain
                             towards international standards   how fast  External Factors  will   Modify our strategic business
                             and mitigate our impact on   change and when disruptions   plan to include additional
                              Externalities .       will occur.              mitigation and adaptation to
                                                                             changes in the  External Factors .





                                                                                                LEGAL
                                                                                                STANDARDS
                                                                                                NEEDED FOR A
                                                                                                SUSTAINABLE
                                                                                                WORLD 2050
                                                                                                By 2050,
                                                                                                only the best
                                                                                                managed
                                                                             MORE DEMANDING
                                                                    BEST     LEGAL STANDARDS    business,
                                                                                                with highest
                                                                   PRACTICE     BY 2030         performance
                                                   INTERNATIONAL    TODAY      By 2030, to be
                                                  STANDARDS TODAY  Companies                    will be able to
                                   LEGAL                            operating   on the road to a   survive.
                                 STANDARDS         Operating voluntarily      sustainable planet,
                                                    to international   at best practice   businesses will have
                                Following local laws,
                                                   standards requires a   levels are   to perform
                                 gives business a   systematic approach   normally driven by   better than ever.
                                relatively large space   and higher levels of control   visionary leaders.
                                 to operate in.   and performance i.e. a
                                                    smaller space.

                        The Aditya Birla Group endeavours to become the   depending on their business and location to improve
                        leading Indian conglomerate for sustainable business   their sustainability performance.
                        practices across its global operations. With this ambition,   At ABFRL, we have aligned our ReEarth mission with the
                        the Group has articulated a Sustainabiltiy Framework
                        comprising three pillars - RESPONSIBLE STEWARDSHIP,   group level sustainability policies and international
                        STAKEHOLDER ENGAGEMENT and FUTURE PROOFING.   frameworks. Through ReEarth, we hope to create a
                                                                     future-ready organisation, which can preempt imminent
                        Each of the Groups' businesses are aligned with this   challenges, address the needs of all stakeholders and
                        overarching principle, and have individually de ned   continue to be a preferred partner for its consumers,
                        their unique set of stakeholders and material issues  thereby securing a common future for tomorrow.



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