According to applicable laws, SIA (Social Impact Assessment) is not required for any of the projects undertaken by us. However, as a part of our commitment to giving back to society, the company asses the need and evaluates the impact of major CSR projects. The impact assessment of CSR projects is aligned as per CSR Rules of 2014.

We have not undertaken any new projects that requires Rehabilitation and Resettlement (R&R). Most of our plants and projects are operating on a land which is part of industrial development corporation.

We are committed towards community development not only around plant sites but also other areas. We are also involved in redressing their grievances and concerns. We maintain open registers at all our locations, in which community stakeholder groups can voice their concerns. Additionally the CSR team of the organisation, through its implementing agencies (NGOs) engages with the community members. The concerns are discussed and addressed through the elected members of Panchayats, other bodies and consequently a formal application of the concerns is submitted to Schaeffler India.

According to applicable laws, SIA (Social Impact Assessment) is not required for any of the projects undertaken by us during FY 2023.

No. Our suppliers are selected based on their performance on various parameters and standards including cost, quality, delivery, technology, and sustainability. Before being awarded a project, all suppliers must comply with the established sourcing guidelines.

However, under CSR activities company has started initiative to develop Entrepreneurial skill development programs for weaker section of society. People preferably women entrepreneurs are imparted with training to develop their entrepreneurial skills. Company is trying to bring them into business, not necessarily as supplier but for procuring other administrative requirement at various offices or plants. e.g packing material, uniforms, gifts articles etc. Recent example is, under our CSR activities, women entrepreneur belonging to marginalised group was registered as our vendor. They supply gifts article, bags, handmade gift article at corporate events. We are taking efforts to see whether any prospective product we could develop from these people which can be used in value chain. Also, we work with MSME suppliers to further upgrade on technical (technology aspects) & quality upgradation.

Not applicable as answer to above question (a) is “No”

Not applicable as answer to above question (a) is “No”