Communication on Progress

Farida's Communication on Progress

Participant
Published
  • 19-Oct-2022
Time period
  • October 2021  –  October 2022
Format
  • Stand alone document – Basic COP Template
Differentiation Level
  • This COP qualifies for the Global Compact Active level
Self-assessment
  • Includes a CEO statement of continued support for the UN Global Compact and its ten principles
  • Description of actions or relevant policies related to Human Rights
  • Description of actions or relevant policies related to Labour
  • Description of actions or relevant policies related to Environment
  • Description of actions or relevant policies related to Anti-Corruption
  • Includes a measurement of outcomes
 
  • Statement of continued support by the Chief Executive Officer

  • Statement of the company's chief executive (CEO or equivalent) expressing continued support for the Global Compact and renewing the company's ongoing commitment to the initiative and its principles.

  • Statement of continued support

    18-10-22

    To our stakeholders:

    I am pleased to confirm that Farida Shoes Private Limited 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,
    Irshaad Ahmed Mecca
    Managing Director

Human Rights
  • Assessment, policy and goals

  • Description of the relevance of human rights for the company (i.e. human rights risk-assessment). Description of policies, public commitments and company goals on Human Rights.

  • Farida Code of Conduct provides guidelines to the company on respecting employee Rights and in turn Human rights. The Farida CoC inturn is based on the brands/Customers CoC which are again based on ILO/UN Conventions.

  • Implementation

  • Description of concrete actions to implement Human Rights policies, address Human Rights risks and respond to Human Rights violations.

  • Robust internal communication channels are established for grievance reporting and redressal mechanism. Various internal committees on grievance redressal and other employee wellbeing measures are institutionalized with active participation of employee representatives. Suggestion boxes and hotline numbers are provided at multiple locations inside the factory.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • The factories are periodically audited by independent 3rd parties which assess amongst others the Human Rights violations (if any). Internal assessments are also periodically carried out to identify any violations.

Labour
  • Assessment, policy and goals

  • Description of the relevance of labour rights for the company (i.e. labour rights-related risks and opportunities). Description of written policies, public commitments and company goals on labour rights.

  • No Child labour, No Forced labour, Non discrimination and Freedom of association and collective bargaining policies and procedures are documented and incorporated in the company’s Code of Conduct.

  • Implementation

  • Description of concrete actions taken by the company to implement labour policies, address labour risks and respond to labour violations.

  • Recruitment procedure defines the age verification protocols to be followed to assure no one below the employable age are recruited. SOP’s are well established to ensure compliance to company policies on No forced labour, Freedom of association and other employee welfare measures.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates performance.

  • The facilities are subjected to periodic assessments to ensure compliance to Social and ethical practices which are based on Global compact Labour principles.The assessments confirmed the continuing compliance of the factories to the social and ethical requirements.

Environment
  • Assessment, policy and goals

  • Description of the relevance of environmental protection for the company (i.e. environmental risks and opportunities). Description of policies, public commitments and company goals on environmental protection.

  • Our companies Environment management systems are ISO 14001 certified. The facility has also been assessed using the HIGG FEM module. 98% of the energy used comes from renewable source.

  • Implementation

  • Description of concrete actions to implement environmental policies, address environmental risks and respond to environmental incidents.

  • Awareness on Environment management policy and procedures are provided to all employees. Organisation structure for EMS is defined. Projects and programs for energy saving are undertaken. Environmental aspect and its impact of the organisations activities are caried out.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates environmental performance.

  • Environment objectives are set and progress measured and reported in the Management review meetings. Environmental performance is also assessed by 3rd parties

Anti-Corruption
  • Assessment, policy and goals

  • Description of the relevance of anti-corruption for the company (i.e. anti-corruption risk-assessment). Description of policies, public commitments and company goals on anti-corruption.

  • Anti bribery policy is established and awareness provided to the employees.

  • Implementation

  • Description of concrete actions to implement anti-corruption policies, address anti-corruption risks and respond to incidents.

  • Awareness provided to internal as well as external stakeholders on the company's anti bribery policy.

  • Measurement of outcomes

  • Description of how the company monitors and evaluates anti-corruption performance.

  • No incidents of bribery reported