Ambuja Cements is committed to fostering long-term, trust-based relationships with its stakeholders through transparent and continuous communication. Proactive engagement enables the Company to identify concerns, offer effective solutions and ensure alignment between stakeholder expectations and business objectives.
Under the oversight of the Stakeholder Relationship Committee, stakeholder engagement initiatives are undertaken, in accordance with the Companies Act, 2013 and SEBI regulations. The Committee reports directly to the Board and involves the participation of Independent Directors. Its mandates are regularly reviewed to ensure alignment with regulatory requirements and industry best practices. No specific minority or vulnerable groups identified within the Company’s sphere of influence were disproportionately affected by its operations.
Active participation from stakeholders is essential to the Company’s success and Ambuja Cements’ stakeholder engagement framework is aligned with international best practices. It not only enables the Company to understand and address stakeholder concerns but also ensures consistent interaction with all relevant groups. This approach builds trust and strengthens overall engagement with different stakeholders.
The Company follows a comprehensive, closed-loop methodology to identify and prioritise stakeholders who are directly or indirectly affected by its operations. It assesses the nature and significance of potential impacts on each group and maintains regular communication to gather insights and address concerns effectively. Continuous feedback mechanisms and accessible grievance redressal channels ensure swift resolution and stakeholder satisfaction.
Capitals Impacted
Financial
Manufactured
Intellectual
Natural
Human
Social and Relationship
