SHAPING THE FUTURE

SUSTAINABLY

ESG REPORT 2021-22

CONTENTS

About the Report

• Theme of the report

4

Reporting Methodology

6

Reporting Scope and Boundary

6

Company Landscape

About Gabriel India

10

• Our Presence and Reach

14

• ESG Performance in FY 2021-22

15

• Message from the Executive Chairperson

16

Message from the Managing Director

18

Embracing Sustainable Development

• Engaging with Our Stakeholders

22

Materiality at Gabriel

25

Our ESG Strategic Framework

29

Governance

• Business Ethics and Compliance

40

• Corporate Governance, Transparency, and Disclosures

41

Resilient Business Model

44

• Data Privacy and Security

45

Economic Performance

45

• Market Presence and Customer Focus

46

• Product Quality and Safety

48

• R&D And Intellectual Property Management

49

Risk Management

50

Environment

  • Investment in Clean Technology
  • Water Stewardship
  • Waste Management
  • Energy and Emission Management
  • Sustainable Products and Services
  • Environmental Risk Management
  • Biodiversity

Social

  • Occupational Health and Safety
  • Talent Recruitment and Retention
  • Diversity, Inclusion, and Non-discrimination
  • Human Rights and Labour Relations
  • Employee well-being and Development
  • Community Engagement
  • Responsible Procurement
  • Our Achievements
  • Alignment with Standards
  • Glossary

57

58

59

60

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69

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2

ESG REPORT FY 2021-22

ESG REPORT FY 2021-22

3

Shaping

The Future

Sustainably

4 ESG REPORT FY 2021-22

The COVID-19 pandemic has not just

and business strategy. In the automotive

transformed how markets operate but has

component sector too, companies are

also compelled organisations to reconsider

progressively focusing on driving the ESG

their strategy for business sustainability.

agenda by emphasising on areas such as

While the pandemic has accelerated many

climate strategy, product stewardship, global

trends,

including

technology

adoption,

efficiency in the value chain, human capital

supply chain transformation, and digital

development,

innovation

management,

consumer behaviour, it has also pushed the

strong brand reputation, and talent attraction

pedal on 'stakeholder capitalism', a critical

and retention, amongst others.

strategic shift to stay relevant and engaged

At Gabriel India, sustainability had always

in the world of accelerating ESG revolution.

been at the core of our operations. An integral

Globally, there is growing awareness around

part of our business strategy, it helps us to

several ESG issues including climate

create enduring partnerships and deliver

change, diversity, ethics, transparency, and

long term value to our stakeholders. While

human rights as well as an imperative need

we strengthen our position as a technology

to address them.

driven future ready organisation, our efforts

While countries like the United Kingdom (UK),

are directed towards accomplishing holistic

the United States (US) and the European

growth on the foundations of trust, good

Union (EU) are leading the ESG agenda

governance,

and

transparency, focusing

across the globe through a number of policy

on innovation management, and adopting

changes, India has also shown significant

best risk management practices. We are

commitment to strengthening its ESG

cognizant of our impact on the ecosystem

agenda through the Business Responsibility

and have developed an enabling roadmap to

and Sustainability

Reporting

guidelines.

achieve our environmental and social goals

Additionally, its bold and ambitious climate

towards creating a positive impact.

change

agenda-The

'Panchamrit'-

As we aspire to become India's leading

announced at the 26th session of the

sustainable

auto

component

manufacturer

Conference of the Parties (COP26), held in

our first Sustainability Report 'Shaping The

Glasgow in November 2021, is a reflection

Future Sustainably' highlights our constant

of the nation's commitment to sustainable

endeavours

to

serve our customers with

economic development.

the highest standards of quality, efficiency,

In the current scenario heightened by

and sustainability. Driven by our values of

increasing stakeholder expectations, there is

leadership through partnership and people

growing evidence that ESG is a critical driver

empowerment, our ambition is to achieve

for being globally competitive and building

ethical and holistic growth as we work

trust. Organisations around the world are

relentlessly towards shaping and building a

placing strong emphasis on integrating

sustainable future for generations to come.

sustainability into

their

companies' vision

ESG REPORT FY 2021-22

5

Social Environment Governance Development Sustainable Embracing Landscape Company report the About

Reporting

Methodology

At Gabriel India Limited (Gabriel India), we have prioritised sustainability as one of the core values of the organisation. We believe that conducting responsible business is the key to achieving holistic economic growth and sustained social development. Our relentless focus on promoting sustainability is reflected in the Company's pursuit of leading initiatives in the areas of Environmental, Social and Governance (ESG).

Gabriel India has been a firm believer in creating sustainable and holistic growth for our stakeholders since its establishment in 1961. We continually strive

to deliver value that goes beyond profitability to make a long-term difference in the lives of everyone affiliated with the Company. To this end, we have worked consistently to integrate sustainability into our culture by incorporating responsible practices into our decision-making and strategy development.

As we channel our efforts to create true value, we would like to keep our stakeholders informed of our progress and way forward. With this view, we present to you our first ESG report for FY 2021-22. This report encapsulates Gabriel's ESG objectives and strategies towards achieving our sustainability targets/goals.

Reporting

theAbout

Period

This report presents Gabriel India's sustainability performance and activities for the period April 1, 2021 to

report

March 31, 2022.

Management's

Company

Responsibility

This maiden sustainability report of Gabriel India

to business growth. All the information provided

Landscape

reflects the organisation's environmental, social, and

in this report has been reviewed by the Company's

economic impact on matters that are meaningful

management.

Feedback

Reporting Scope and Boundary

We have a strong commitment to considering and

are welcome as they will improve our future reports.

Embracing

valuing the ideas and opinions of our stakeholders.

Please feel free to contact us by mail or email at the

Your comments, questions, inquiries, and information

contact information provided below:

on any element of our sustainability performance

The report has been developed in accordance with the 'GRI Standards- Core Option' on sustainability reporting and disclosures on the social, environmental, and economic responsibilities of our business. In this report we have also mapped our performance in accordance with the United Nations Sustainable Development Goals (UN SDGs).

Our report covers our operations across our sites at Chakan (Maharashtra), Dewas (Madhya Pradesh), Hosur (Tamil Nadu), Khandsa (Haryana), Nashik (Maharashtra), Parwanoo (Himachal Pradesh) and Sanand (Gujarat).

Sustainable

Contact Us

Development

Gabriel India Limited

Registered Office / Head Office

Governance

29th Milestone, Village Kuruli,

Pune Nashik Highway, Taluka Khed,

Pune, Maharashtra- 410501 (India)

Email

Environment

sustainability@gabriel.co.in

Social

6 ESG REPORT FY 2021-22

ESG REPORT FY 2021-22

7

COMPANY LANDSCAPE

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Disclaimer

Gabriel India Ltd. published this content on 08 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2022 11:23:10 UTC.