Communication on Progress

Participant
Published
  • 13-Apr-2017
Time period
  • April 2016  –  April 2017
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.

  • 13.04.2017

    To our stakeholders:

    I am pleased to confirm that Shivoham Temple of Consciousness Trust 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,

    C V Ravindranath
    Chairman and Managing Trustee

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.

  • Our company supports the six fundamental rights recognized by the Indian constitution:
    1. Right to equality - Our Company aims at giving equal rights to women and commit for the welfare of their being.
    2. Right to freedom – Our Company aims at giving freedom of speech and expression to the employees.
    3. Right against exploitation – Our company prohibits all forms of forced labour
    4. Right to freedom of religion – Our Company believes in Unity in Diversity and encourages people from all religion, sect, caste, creed and colour to work together to achieve common objective
    5. Cultural and Educational rights - Our company promotes the cultural heritage of Kerala and give educational opportunities to support drop outs
    6. Right to constitutional remedies - Our company supports the employees during their grievances and they can seek remedial support from union and other constitution.

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

  • 1. Twenty five years back we have provided our employees with Provident Fund Employees’ State Insurance, Gratuity and Group Insurance by Life Insurance Corporation of India (LIC) and Bonus.
    2. We provide free meals to our staff and world-class working area with centralized AC and Wi-Fi facilities.
    3. Training Sessions have been conducted for awareness of employees regarding human rights both in Krishna Jewels and in Shivoham Centre.
    4. For Women Empowerment, Sthree Shakti Award 2017 was held on March 8th, Womens Day at Town Square, Kannur to award and honour prominent women of Kannur in the field of social service, sports, health,, business, dance, music, academics, Ayurveda, cinema & Literature.Special lecture on women empowerment and protection of her rights have been by the prominent and eminent personality – Dr. Mary Oomen (Renowned Eye Specialist) to the lady staffs. This function has inspired the women of Kannur to contribute in the respective fields.
    5. To support educational rights ,we are the first authorised franchisee in Kerala for Reliance Education - VFX and Animation Academy to provide education opportunities in creative field to help the drop outs in Kerala. To provide careers in civil services we have IAS academy that provides civil services coaching.

    6. Free Yoga, Classical music and Classical dance classes are conducted at Shivoham to promote cultural heritage of Kerala.

    7. Free workshops like Digital painting, Clay Modelling, Landscape sketching, Portrait Sketching, Personality Development Workshop have been conducted at Shivoham Centre. The children who have no access to education can attend these sessions free of cost.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • 1. Periodic Review meetings are held to look into employee grievances.
    2. Company maintains Open Door policy. Any issues faced by employees can report to senior management.
    3. Corrective actions are taken to ensure compliance of human rights. Employees not failing to comply the rules and regulations are given 3 warnings and after that still not complying are dismissed from the organisation.
    4. The company has been audited by Brickworks and has given the rating of B+
    5. Mayyilpilli Puraskaram (Mayilpeeli Awards): Awards for the best writer and best artist and Scholarship for underprivileged students.It is an annual prestigious event of North Malabar conducted to honour best writer and best artists in Kerala. It was started in the year 2005. 17 Mayilpeeli Puraskaram events have been conducted. Cash prize and awards are distributed to the winners. 200 scholarships are given to the underprivileged students for education each year after technical and interview round. This helps underprivileged children to have access to basic education.
    6. Free careers counselling sessions have been conducted to schools and colleges in Kannur covering 1200 student database

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.

  • 1. Company policy aims at equal opportunity and pay, employees' physical and mental well-being and safety. Company rules function as mandates to give consideration and equal opportunities to workers, regardless of their age, color, disability, national origin, race, religion or sex and s have an obligation to provide a safe work environment.
    2. Shivoham is dedicated and committed to work for the betterment of
    our society where we serve, by promoting ethics in Business, value based
    Education, Literature, Art, Creativity, Yoga, Meditation and Spirituality to
    realize our unique potential and Inner-self, even for our labours & staffs of the
    organisation.

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

  • 1. We have a strong labour union under CITU (CPM) – Centre of Indian Trade Union (Communist Party – Marxist), which gives the freedom of association and right to collective bargaining.
    2. We have a working hours from 10am to 7pm with breakfast, lunch and tea breaks in between ; and Sunday Holidays as well as National Holidays.
    3. There is no child labour anywhere in our organizations.
    4. We employ staff without any prejudice of caste, gender, creed and colour. We have Hindus, Muslims and Christians working in our organisations. The Male Female ratio is 3:1. By 2030, we want a ratio of 1:1.
    5. We are a patron of Akshaya patra Foundation: Free mid-day meals for school kids association with ISKCON – Bangalore
    6. Shivoham temple of Consciousness presents Free coaching in Yoga and Meditation & Classical Music and Dance. This is also applicable for employees as well
    7. Medical and financial support is given to the employees faced with accidents, injuries etc.
    8. Training such as fire fighting, handling equipments etc are given to the employees.

  • Measurement of outcomes
  • Description of how the company monitors and evaluates performance.

  • 1. Periodic Review meetings are conducted frequently to receive feedback from the employees
    2. The Employee turnover is almost negligible at Krishna Jewels.
    3. Attendance rate is as per the industry standards
    4. Corrective actions are taken to ensure compliance of labour laws. Employees not failing to comply the rules and regulations are given 3 warnings and after that still not complying are dismissed from the organisation.
    5. The company has been audited by Brickworks and has given the rating of B+

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.

  • 1. The Environmental Policy of our Company we intend to inform Customers, Suppliers, interested Public, Officials, Associations as well as our staff Members about our goals for the Environment Protection.
    2. To support the Swacch Bharat Mission
    3. To support “ Clean & Green Kannur”
    4. To conserve energy and make choice of eco-friendly measures

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

  • 1. We are plastic free organization. Our gold jewellery are free from cadmium solders and other toxins. India’s First BIS (Bureau of Indian Standards) Certified Jeweller, since April 1, 2000.
    2. All are buildings are constructed with exposed laterite stones. Our Gold shop ‘Krishna Jewels’ is the world’s first wood free showroom of 24000 sq.ft.
    3. We use hybrid cars – Toyota Camry, Toyota Prius and Solar watches.
    4. Our Krishna Beach Resort provides STP (Sanitation Treatment Plant), VRF Airconditioners and latest Fire Safety Measures.
    5. Our production unit of ‘Krishna Jewels’, have on-grid solar panels, which supplies electricity to Kerala State Electricity board at free of cost.
    6. Every year, we plant 100 trees to make ‘ Kannur – Clean & green’ through schools. 100 Homes are selected every year for Organic Kitchen garden under ‘ My Home- My School’ and ‘Mannil Ninnu Ponnu’ (Gold from Earth) schemes.
    7. To promote Swach Bharath mission 2 Short films- Welcome Home Auspiciousnous” and “ Purity of thought” are created to generate awareness.
    8. Krishna Jewels in association with Shivoham Centre of Excellence have supported for Eco friendly Cloth Bags to be distributed at Kannur University Staffs with Shivoham Centre of Excellence logos on 16.01.2017. Ecofriendly cloth bags have also been initiated at Krishna Jewels with a launch and inauguration by Mayor Kannur Muncipal Corporation by Smt. EP Latha and Adv P Indira Chairperson – Standing Committee ( Health ) , Kannur Corporation.
    9. Rain Water Harvesting measures are being adopted at all our organisations to face the threat of water shortages.

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

  • 1. All the electrical aspects , machines etc has been sanctioned and audited by the health inspectors.
    2. ISO Certification 9001:2015 Has been received for both Krishna Jewels and Shivoham Centre.
    3. Swachh Bharath Short films have received Certificate of Excellence for the Swachh Bharath Short Film Festival Competition on 2nd October 2016, New Delhi from the Ministry of Information and Broadcasting for both the short films Welcome home Auspiciousness and Purity of thoughts.
    4. Using solar grids at our organisations, we are saving an energy estimate of average 45 Kilo Watt per day .We also plan to install solar grids additionally that would save 30 KW additionally.

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.

  • More than 600 year ago, England had their own hallmarking and assaying systems for gold ornaments. By seeing our Gods and Goddesses, adorning gold crowns and ornaments, our gold market could be at least 5000 years old.

    Still we did not have such scientific methodology to know the purity of gold in India. Perhaps, this could be because our goldsmiths were either very truthful or our consumers were ignorant of gold technology.

    When lakh of jewellers hesitate and shy away from this new process, Kunhikannan jewellery gold house, (Now Krishna Jewels) Kannur Kerala, came forward to obtain India’s first BIS certification in gold.

    On 11th April 2000, for the first time hallmarking Assaying of gold was introduced in India by the Bureau of Indian Standards (BIS) under the Ministry of Consumer Affairs, Govt. of India in co-operation with world gold council and it is going to be mandatory for the gold business in India soon. Thus we have become a land mark in the purity of gold.
    It was started in the year 1985 as a partnership firm with a meagre stock of 700gms of gold jewellery in a 200sq.ft showroom.
    On 8th April 2013, Krishna Jewels stands as a market leader with 300kg stock of gold jewellery in a 24000 sq.ft sophisticated showroom of 6 floors

    Krishna Jewels envisions in achieving perfection in PURITY of Gold
    Jewellery, because Gold is an investment of all times with high liquidity.

    Our vision statement consists of Core Values :Purity So Divine!To attain Purity, we have to abide by Truth.

    We also support the goal of remonetising India and undertake measures to achieve the goal of cashless economy to eradicate corruption and benefit the needy.

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

  • All payments are made by cheques and RTGS/ NEFT, so there is no extortion and bribery. Transparency is the keyword in our business.
    Bank finance is used as business loan from South Indian Bank and State Bank of India. Benami Funds & Black money are not accepted.
    Hallmarking of gold to ensure the compliances of BIS Certification
    Trainings are held to staffs of organisation, memos are sent regarding business ethics and code of conduct.

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

  • The corporate ethics which we follow has resulted in goodwill and trust from the customers for the last 30 years in the jewellery industry being the "India's First BIS certified jeweller."
    We have a repeated customer clientele of 1500 customers and a booking of order advance of 16 crores in cash
    This has resulted to Awards and recognition

    1. Rajiv Gandhi National Unity Award, New Delhi - 1995.
    2. India Forward Award, New Delhi – 1995.
    3. Udyog Pragati Award, New Delhi – 1995.
    4. Jamnalal Bajaj Uchit Vyavahar Puraskar, Mumbai - 1996.
    5. National Award for Excellence in Journalism and Trade Promotion, Chennai – 1997.
    6. Millennium Young Businessman Award of Jaycees - 2000.
    7. International Poet of Merit from International Society of Poets,U.S.A – 2000.
    8. Outstanding Trader Award by Chamber of Commerce - 2003.
    9. Rotary Seva Ratna Award – 2007.
    10. Best Business Achievement Award 2011 : (KVVES)
    11. Best CSR initiatives – 2011 – Institute of Co-operative Management (Govt. of India)
    12. BIS Award – 2012 – India’s First BIS Certified Jeweller (2000)
    13. Sarathi Puraskar – Bala Gokulam – 2013.
    14. Saraswathi Seva Puraskar – 2013.