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Maruti Suzuki announces 6th edition of sustainability report
Source: IRIS | 21 Oct, 2014, 05.21PM
Rating: NAN / 5 stars.
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Car market leader Maruti Suzuki unveiled the 6th edition of the Sustainability Report, which presents extensive economic, social and environmental performance of Maruti Suzuki for 2013-14. The report has been prepared as per the latest GRI G4 guidelines and has been externally assured.

Adopting the theme, 'Making it Matter', the report outlines the company's focus of taking action in the social, environment and economic sphere that makes a positive and meaningful difference in the lives of its stakeholders. The company is committed to set new benchmarks and build excellence in Corporate Social Responsibility, as in all areas of business.

In a forward looking initiative, in the 6th edition, Maruti Suzuki has pro-actively adopted the GRI G4 reporting framework. This reporting framework is applicable only from 2015 but as early adopters the company has widened the reporting structure. The GRI G4 is the most updated GRI framework for sustainability reporting, being practiced by several developed countries.

In line with the new GRI framework, the company has revised and strengthened its materiality matrix. It is comprehensive and covers several aspects such as economic, environment, labour practices, human rights, society and product responsibility.

Shares of the company gained Rs 69.05, or 2.3%, to settle at Rs 3,075.90. The total volume of shares traded was 31,156 at the BSE (Tuesday).

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