QUALITY POLICY

●    We shall comply with all statutory and other applicable requirements.

●    We shall provide products and services that meet stated standards on time, every time.

●    We shall continually improve our processes to understand changing stakeholder needs and preferences including statutory changes and use the same as input for periodically reviewing and revising performance standards of our products and services.

●    We accept Zero Defect as a quality absolute and shall design and operate our quality system accordingly.

●    We shall organize our work practices to do a job right the first time, every time.

●    We are committed to continual improvement in quality in all business processes and shall track such improvement through measurable indicators.

CUSTOMER POLICY

● Valli Paints will offer the finest products in its line of businesses and provide the best possible services to its customers. We will Partner with them and provide any assistance required in using our products & services in the areas of Décor and Protection.

● We shall operate in an ethical and transparent manner treating customers as we ourselves would like to be treated.

ENVIRONMENT, HEALTH AND SAFETY POLICY

ENVIRONMENT POLICY

Valli Paints is committed to manage its operations including deployment of resources using principles of sustainable development to minimize impact on the environment and communities.

●     We shall comply with all statutory requirements. We consider compliance with statutory EHS requirements as the  minimum performance standard and are committed to go beyond and adopt stricter standards. We shall work in partnership with the government and industry associations for policy and regulatory reforms related to the environment. We shall annually publish our environmental performance to all stakeholders.

●     We shall source our materials and products from vendors that comply with the child labor laws and other statutory regulations.

●     We shall continually improve our products with an intention to reduce their environmental footprint. We shall inform the customers about the environmental impact and safe use of our products.

●     We are committed to protecting the environment.

●     Adhering to the highest operational standards for handling hazardous materials.

●     Preventing Pollution & leveraging the 3R (Reduction, Recycle, Reuse) principle and moving towards zero industrial effluent generation and zero hazardous solid waste generation.

●     Minimizing impact of end-of-life plastics generated out of our packaging material.

●     Reducing energy-intensity, carbon-intensity and increasing contribution of energy from renewable sources.

●     Leveraging rainwater harvesting, water conservation & water replenishment and utilizing wastewater as an alternate source.

●     Nurturing biodiversity within and outside our factory premises.

●     We are committed to continual improvement in environment-related parameters in all business processes and shall track such improvements through measurable indicators.

HEALTH & SAFETY POLICY

Valli Paints is committed to ensuring safety and protecting the health of its employees, service providers, visitors, neighboring communities, customers and assets.

SCOPE AND APPLICABILITY OF THE POLICY

This Health and Safety Policy is applicable to all the operating sites of Valli Paints, its subsidiaries, and joint ventures (where Valli Paints has Management Control). The operating sites include Plants, Research & Technology facilities, Offices, Distribution operations, Sales depots, Retail Sales & Services and Project Sales. This policy is applicable at work, travel between home and work of employees, business related travel including stay and all Company organized business events.

Objectives of the Company Management shall be to :

1.    Comply with all applicable health and safety statutory regulations.

2.    Move towards Zero Injuries, Zero Occupational illnesses and Zero incidents of Property Damage

3.    Comply with the applicable Safety Manual to achieve its safety, health and wellbeing objectives.

4.    Adopt and implement best practice standards of risk management to prevent and mitigate consequences arising out of major accident hazards

The Company Management shall    :

1. Ensure compliance with all applicable health and safety legislations and relevant standards.

2. Integrate safety, health and wellbeing into all business processes.

3. Ensure that all activities across the value chain are conducted as per the defined health and safety procedures, including

        a.     Selection and evaluation of suppliers, contractors and other service providers,

        b.     Research leading to the development of new products and services

        c.     Design, engineering, construction and commissioning of new projects,

        d.     Adopting principles of inherently safe design,

        e.    Operating and maintaining plants and other facilities in accordance with the designated safety criteria throughout their working life

        f.    Distribution of products

        g.    Technical service at customer sites and other consumer interfaces

4.     Educate customers on the safe use of products.

5.     Provide safe and healthy working conditions for the prevention of work-related injury and ill health of employees and service providers.

6.     Ensure that adequate resources, support and supervision are provided to employees and service providers to carry out their job safely and to continually upgrade health and safety standards.

7.     Conduct risk assessments, safety audits and safety inspections at a prescribed frequency and take all remedial measures to eliminate hazards and reduce health and safety risks, arising out of operations. Risk registers are continuously reviewed and upgraded on a regular prescribed frequency.

8.     Implement Behavior-Based Safety Program in order to inculcate safety as a personal value

9.     Maintain a comprehensive On-Site Emergency Plan and related facilities to handle emergencies.

10.     Assess the competence of individuals in the area of safety during recruitment and career advancement.

11.     Define roles and responsibilities of employees in the safety organization of the plant/facility/operations.

12.     Keep employees and service providers informed, educated, trained and retrained on safety, health and wellbeing to ensure the safe conduct of their jobs.

13.     Establish mechanisms for consultation with employees and their representatives, contractors, suppliers, customers, local communities, neighbors and regulators to promote safety and build a safe work culture.

14.     Establish mechanisms for the participation of employees and service provider’s representatives wherever applicable.

15.     Ensure that each employee including contractors and visitors comply with all safety rules and regulations framed for the operation.

16.     Extend all possible help to industries /depots/offices around Valli Paints Operations in case of emergencies.

17.     Provide a resume of health and safety performance in the Company annual report

The Company shall ensure the effectiveness of this policy through:

1.     Setting goals and objectives on safety, health and wellbeing and reviewing these periodically to ensure that these are being met.

2.     Analysis of health and safety incidents, identification of root causes and implementation of corrective and preventive actions (CAPA).

3.     Appropriate action, in case of a violation by an employee, as per rules and procedures framed for the purpose.

4.     Review of this policy annually or on significant changes in the business.

5.     Periodic review of the safety, health and wellbeing standards for their continued appropriateness and effectiveness.