02.01.2012

To our Business Partners:

I am pleased to confirm that M/s. PRESS METAL INDUSTRIES reaffirms its support of the Ten Principles of the United Nations Global Compact in the areas of Human Rights, Labour, Environment and Anti-Corruption.

In this annual Communication on Progress, we describe our actions to continually improve the integration of the Global Compact and its principles into our business strategy, culture and daily operations. We also commit to share this information with our stakeholders using our primary channels of communication.

Sincerely yours,


Mayur Mundra
Partner

A) M/s. PRESS METAL INDUSTRIES supports the principles stated in the Universal Declaration of Human Rights and ensures
that all their employees abide to the same principles.
B) All health and safety regulations required by the Factory labour law and ISO 9001-2008 are strictly followed.
C) Labour relations comply with the Maharashtra labour law.
D) All employees, business associates and contractors are complicit with human rights.
E) Any employee who detects a potential Human Rights abuse reports it to the Human Resources Department. This is done
without revealing the source of complaint.
F) We have already taken session on Rehabilitation of worker suffering from bad habits like smoking, drinking in the upcoming
year we would be Conducting one to one counseling sessions for workers / labourers & staff members as when needed.

A. Anonymous abuse report system – We have maintained a AARS (Anonymous abuse report system) where the labourer /
staff / worker can come up with the complaint regarding the human rights abuse and his / her identify is maintained
anonymous
B. Assessment of the Human Rights Risk using the Human Rights related Assessment Quick Check guidelines.
C. Human Resources department is entirely accountable for the compliance of Human Rights in the Organisation & it has
delegated the tasks duties to ensure that there is no Human Rights abuse at any level.
D. If any abuse is detected the following procedures are to be followed:

At the Employee level - An internal investigation is initiated and if the abuse is proved true can result it in the termination of
the employee's contract.
Business associates and contractors - Upon confirmation of the abuse, the business relationship is terminated and the
entity black-listed for future business prospects.

A. Company implemented a Risk Assessment Tool based on the Human Rights Compliance Assessment Quick Check
guidelines.
B. No incidents have been reported in this period.
C. We maintain a skill matrix for every employee’s performance in a systematic & fair manner which helps for ascertaining the
progress of the employee.
D. Every 6 months company policies are reviewed by the senior management team.

A. PRESS METAL INDUSTRIES I fully supports the principles stated in the ISO Declaration on Fundamental Principles and
Rights at Work.
B. Company's Labour policies are compliant with International Labour Organization Declaration on Fundamental Principles
and Rights at Work.
C. As per our company’s HR policies we provide lot of Benefits & rights to the employee’s out of which a few are highlighted
below.
i. The minimum age limit is 18 yrs hence child is strictly prohibited in our Organisation.
ii. Annual leave
iii. Maternity leave
iv. ESIC, EPF or Gratuity
v. Personal Accident insurance
vi. Minimum wages accordingly to as per the law.
D. "No discrimination" policies are implemented in the company. Hence equal opportunities are provided to all on a fair & just
basis.
E. Discrimination abuses must be reported by employees.
F. Anonymous abuse report system is in place.
G. Goals:
To maintain the zero abuse record.

A. New employees receive induction training on the company labour policies.
B. All the health, safety & work procedures are followed as defined by the Maharashtra labour law
C. Anonymous abuse report system - Employees reporting abuse are maintained anonymous.
D. If any labour law is violated then an internal investigation is initiated and it can result in the termination of the employee's
contract.

A. Company Demographics is a good example of the implementation of the Labour Principles:
B. No labour incidents have been reported in this period.
C. Every 6 months company labour policy is reviewed by the senior management team.

A) The production operations of our company does not involve any damage to environment since it is non polluting activity
because we are involved primarily in to manufacturing of sheet metal press components.

A. Zero waste policy: Company implements a zero waste policy to minimize energy, paper and water consumption.
B. The Administrative Department is responsible for the environmental policy of the company.

A) Every 6 months company environmental policy is reviewed by the senior management team

A. PRESS METAL INDUSTRIES fully supports the UN Convention Against Corruption.
B. None of the employees, business associates and contractors are not involved in any corruption activities.
C. Any suspicion of involvement in corruption or fraudulent activities by any company's employee is reported to the Human
Resources Department & strict disciplinary action is taken against the suspicious person.

A. Fraudulent situations may be anonymously reported by employees.
B. The Board of Directors is responsible for the Anti-corruption policy of the company.
C. New employees receive specific training on handling fraudulent situations & they can freely communicate the same to the
Board of Directors.
D. If any corruption situation detected that involves employees, or suppliers, it is investigated and may lead to contract
termination.

A. No fraudulent or corruption activities were detected during this period.
B. Every 6 months company Anti-Corruption policy is reviewed by the senior management team.