ESG Policy

Doc.No : ESP/5/25.16, issue date : 01.01.25,Rev.:00

At USAKA INDUSTRIAL COMPONENTS PRIVATE LTD , we use the term ‘ESG’ to describe a comprehensive set of environmental, social and governance matters impacting our company. We put these concerns at the core of our operations.
What ESG means for us We are following a definition of ESG developed with and by Venture ESG which defines ESG across issue areas linked to E, S and G respectively. as per SOP
  1. Environment
  2. Social:
  3. Governance
How we operationalize ESG in  :USAKA INDUSTRIAL COMPONENTS PRIVATE LIMITED
  • ESG responsibility: while every member of our team is concerned with and thinks along the lines of ESG when making decisions, we have assigned the overall responsibility for ESG to Akshit Mahendru . Our approach to ESG will be discussed regularly in our Director level meetings once a year
  • Hiring and working environment: we are committed to hiring a diverse team and providing an inclusive working environment.
  • Good governance: all our decision making in both the advisory / oversight board and larger team is committed to good governance principles; across these bodies, we track a range of diversity metrics (e.g. gender/ethnicity of team and advisory board) and are committed to always keeping ideally a 50/50 gender split.
  • Impact & ESG report: We will publish a public Impact & ESG report every year including both our own internal impact & ESG metrics and assessments as well as an overview of our portfolio’s.
Acknowledgment
By signing below, I acknowledge that I have read and understand this policy.
Date: 01.01.2025
Name: Mr.Akshit Mahendru