| Quality Policy |
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| We, at Ispat Industries Limited, are committed to achieving total customer satisfaction through the supply of quality products and services on time, as per mutually agreed specifications and terms. We shall achieve this goal through the team effort of our committed employees and by continuously elevating quality consciousness and concern for the environment in all spheres of activity, in our prevailing responsive working atmosphere. |
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| Environment Policy |
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Ispat Industries Limited is committed, as a responsible corporate citizen, to caring for the environment in all our activities, products and services, in our endeavour to make the world a better place to live in. We shall continuously strive to improve in various ways such as reducing the consumption of material and energy, and minimize the impact on the environment, while complying fully with all the applicable environmental regulations. We shall encourage our business associates to adopt a similar approach to environmental protection. We shall continue to increase the greenery in and around our premises. We will make all efforts to ensure the safety and well-being of our employees and the society in general. To fulfil our commitment to environmental protection, we shall set and periodically review challenging objectives and targets. |
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| Safety Policy |
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Ispat Industries Limited (IIL) firmly believes that health and safety is one of its prime concerns. It is the company's policy that the management shall do all that is reasonable to provide a safe and healthy workplace and make every possible effort to prevent accidents and minimize health hazards in the company's operations, maintenance and other plant activities. |
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• IIL will strictly comply with relevant statutory provisions and adhere to various technical codes and standards. |
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• The company has set up a fire and safety department manned by qualified professionals who will be closely associated with the
day-to-day operations of the plant, and who will also impart relevant training to the employees. This will ensure that safe,
healthy and environment-friendly conditions prevail within the company, and that accidents are prevented. |
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• The company is committed to involving its employees in safety activities through their active participation in safety committees
meetings, fire drills and safety week celebrations. |
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• The safety performance of each employee will be evaluated at the time of his or her annual appraisal and career advancement
review. |
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• The company will consider safety and health as a primary criterion in the selection and procurement of plant, equipments and
materials. |
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• The company shall impart adequate training to employees to improve safety within the company. |
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• The company shall periodically assess the status on safety, health and environment by using various techniques such as safety
audits and risk assessments. |
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| Hazard Identification |
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To identify the hazards in the day-to-day operations, we conduct internal and external safety audits every year. This year, we conducted internal safety audits through Tata AIG Risk Management Services and IFFCO Tokyo Risk Assessment Services. An external safety audit was also held through M/s K R Bedmutha Asso. Additionally, the company's own officers carry out safety surveys and inspections at regular intervals. |
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| Emergency Preparedness |
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To check the emergency preparedness, we conduct mock drills including fire drills at regular intervals. |
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| Awareness |
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Increased awareness always helps in accident prevention. To make the employees aware of the hazards associated with their work, the company has put up safety instruction boards, posters and slogans at all key locations. |
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| Mission |
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To make the company a benchmark in industrial safety by achieving zero accident status through:
• Elimination of unsafe conditions and unsafe acts
• Training of employees
• Increasing awareness
• Raising employee involvement
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| Employee Involvement in Safety |
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We firmly believe that safety is a line function and employees are the key to improving it. We involve employees in safety activities through:
• Safety committee meetings
• Observance of safety week
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| Accident Prevention |
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To minimize the risk of accidents, the following tools are used:
• Training
• Sound engineering practices
• Personal protective equipment
• Work permit system
• Safe operating procedures
• Compliance with statutory requirements
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| Training |
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We firmly believe that safety is a state of mind and that all unsafe behaviour results from a wrong mind set. Training is the best tool available to ensure that employees are armed with the proper mind set. At Ispat, we place great emphasis on safety training. In the past year, we have conducted 74 training programmes for employees covering, about 1500 employees.
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| Survey/Audit |
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Safety audits are conducted through external agencies on a yearly basis and suggestions are implemented immediately. Further, safety surveys are conducted on a monthly basis by the company's safety officers and time bound corrective action is taken.
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| Sound Engineering Practices |
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The plant layout and design are approved by the factory inspectorate. The technology used in the plant is the latest and incorporates many inherent safety measures to safeguard against human errors.
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| Personal Protective Equipments |
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To take care of the dynamic risk arising out of the plant activities, we have provided various Personal Protective Equipments (PPEs) to the employees.
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| Permit-to-Work System |
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One key accident prevention tool is a permit-to-work system. At Ispat, we have successfully launched this system. Any non-regular work carried out in the hazardous areas has to be associated with a work permit.
A work permit will not only fix the responsibilities but also clearly spell out the precautions required to be taken while carrying out the job. This has helped us in reducing the rate of accidents.
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| Safe Operating Procedures |
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Any plant-related activity is associated with a safe operating procedure and all the operations staff are required to strictly follow the same.
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| Safety through Total Productivity Management (TPM) |
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We have constituted a Safety, Health and Environment Pillar (SHE Pillar) under TPM and various health, safety and environment-related activities are carried out under this, with the active involvement of plant employees.
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| Safety of Visitors |
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Visitors are in no way considered different from the company employees, as far as safety is concerned. No visitor is allowed to enter the plant premises unless he is escorted by an employee and is wearing adequate safety gear. |
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| Statutory Compliance |
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As spelt out in our safety policy, we strictly adhere to the provisions mentioned below:
1. Factories Act 1948
2. Petroleum Act 1934
3. Indian Electricity Act 1910
4. Indian Boiler Act 1923
5. Environment Protection Act 1986
6. Public Liability Insurance Act 1991
7. Motor Vehicle Act 1989
8. Manufacture Storage and Import of Hazardous Material 1989
9. Gas Cylinder Rules 1981.
10. Static and Mobile Pressure Vessel Rules 1981
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| Achievements |
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» 36 out of 40 departments have remained accident-free
» 50 per cent reduction in accidents as compared to 2001-02
» Accident rate reduced to 1.21 from 3.43 (2001-2002)
» Second lowest in accident indices as compared to similar industries in India (Steel and Power sector)
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| Human Resource Development Policy |
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| Human capital is an appreciating asset at Ispat Industries Limited. Our employee skill-sets are our competitive edge along with technological innovation. Our employee skill-sets differentiate us from our competitors. |
The objectives of our Human Resources Development initiatives are:
» To become the Business Partner, thus, not just acquiring skills to solve specific problems, but also expanding minds to address
problems and opportunities with a full understanding of cross-functional linkages.
» To continue developmental initiatives to harness the total potential of our human capital.
» To make Ispat a learning organisation for continued success.
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