Page 28 - Apraava Energy Report_01-73
P. 28

28     Energy in action








            Breach of code of conduct                                          Our policy can be accessed here:
                                                                               https://www.apraava.com/assets/pdf/policy&practice/Vigil
            Any alleged or potential violation of the Code of Conduct          -Mechanism.pdf
            is subject to a company-wide reporting system. All
            Apraava Energy employees are expected to cooperate                 Instances of Whistleblowing can be reported through our
            fully in the investigation of an alleged violation, and any        Whistleblower Hotline No. : 022-66709720
            staff member found to be in violation of the Code faces
            disciplinary action. The number of Code violations is              Or by writing to Head – Group Internal Audit (India) via
            reported annually to Apraava Energy's Board of Directors.          mail at surender.nagarajan@apraava.com
            Potential violations of the Code of Conduct are reported to
            the Group Internal Audit (GIA) by employees, vendors,              Compliance
            contractors and GIA auditors. Communications are
            received through means such as anonymous letters, emails           Businesses thrive in a stable legal and regulatory framework.
            or phone calls. Non-compliance with the Code results in            It is critical that all regulations are followed in letter and
            disciplinary action.                                               spirit, which is why Apraava Energy has implemented a
                                                                               Compliance Management System (CMS) to ensure that all
                                                                               statutory and regulatory compliances are met by our plants,
               Apraava Energy has also implemented the CLP Group
               Anti-Fraud Policy, which includes programmes for                sites, corporate and branch offices.
               detecting, preventing, and reporting fraud.                     We adhere to all international and national laws as well as
                                                                               standards of transparency and accountability.  We were not
               During the reporting period, FY 2020-21, in                     subject to any fines from any regulatory authority for
               accordance with the Company's general policy of                 non-compliance with laws and regulations during the
               remaining politically neutral, Apraava Energy has not           reporting period.
               made any political contributions (donations).


            Vigil Mechanism                                                       During FY 2020-21, Apraava Energy has extended CMS to
                                                                                  its following solar and transmission assets, to ensure
                                                                                  compliance with all applicable laws.
            A whistleblower is someone who makes a reported                       1.  100 MW solar power plant at Veltoor, Telangana;
            disclosure in accordance with the whistleblower policy.
            A whistleblower policy provides adequate safeguards                   2.  50 MW solar power plant in Nirmal district, Telangana;
            against victimisation of the whistleblower and establishes            3.  30 MW solar power plant in Vikarabad district,
            the principles and standards that our company's directors,              Telangana;
            senior management, and employees must follow when                     4.  50 MW solar power plant in Dhule district,
            reporting their concerns. We encourage our directors and                Maharashtra;
            employees who have legitimate concerns about suspected                5.  20 MW solar power plant in Dhule district,
            wrongdoing to promptly alert their supervisor/s or higher               Maharashtra; and
            management of business and work-related situations that               6.  Intra-state transmission project consisting of a
            could be damaging to Apraava Energy or cause harm to                    240-km double circuit 400 KV transmission line at
            others such as emergencies, crimes, accidents,                          Satpura in Madhya Pradesh
            irregularities or other unexpected events; and to take
            reasonable action to prevent damage or harm.
   23   24   25   26   27   28   29   30   31   32   33