Hindalco's Commitment to the United Nations Global Compact (UNGC)
At Hindalco, we believe that sustainable business practices are integral to creating value for all our stakeholders. We are proud to be a member of the United Nations Global Compact (UNGC). Our membership in the UNGC underscores our commitment to aligning our operations and strategies with universally accepted principles in the areas of human rights, labour, environment, and anti-corruption.
Upholding the Ten Principles of the UNGC
Hindalco is dedicated to the Ten Principles of the UNGC, which serve as the foundation for our approach to corporate responsibility:
- Human Rights: We are committed to supporting and respecting the protection of internationally proclaimed human rights and ensuring that we are not complicit in human rights abuses. (Human Rights Policy )
- Labour: We uphold the freedom of association and the effective recognition of the right to collective bargaining. We are committed to the elimination of all forms of forced and compulsory labour, the effective abolition of child labour, and the elimination of discrimination in respect of employment and occupation. (Human Rights Policy)
- Environment: Hindalco is devoted to addressing environmental challenges by adopting precautionary approaches, promoting greater environmental responsibility, and encouraging the development and diffusion of environmentally friendly technologies. (Sustainability Policy & Environment Policy)
- Anti-Corruption: We work against corruption in all its forms, including extortion and bribery, ensuring that integrity and ethical behaviour are embedded in all our business practices. (Anti-Money Laundering & Anti-Bribery And Anti-Corruption Policy (AML & ABAC Policy)
Driving Sustainability Through Leadership
As a global leader in non-ferrous metals, Hindalco leverages its membership in the UNGC to further enhance our sustainability journey. We continuously strive to reduce our environmental footprint, enhance the well-being of our employees and communities, and maintain the highest standards of governance and transparency.
Our commitment to the UNGC principles is reflected in our actions and initiatives. From implementing robust environmental management systems to fostering an inclusive and equitable workplace, we aim to contribute meaningfully to the Sustainable Development Goals (SDGs) and create long-term value for society.
Transparency and Accountability
At Hindalco, transparency and accountability are key pillars of our corporate philosophy. We are committed to sharing our progress in implementing the UNGC principles through regular reporting and communication with our stakeholders. Our annual integrated report outlines our progress aligned to the UNGC 10 principles.
A Collaborative Approach
Our membership in the UNGC allows us to engage in meaningful collaborations with other businesses, civil society, and governments to address global challenges. By participating in various UNGC platforms and initiatives, we contribute to collective efforts aimed at creating a more sustainable and equitable world.