commitment is to ensure a fair and equitable working environment and
transparent business practices. Social initiatives cover a number of
activities. They include initiatives in terms of employment and skills
development; covering matters such as job tenure, benefit systems, and
worker protections; they also cover educational, charitable, and artistic
provision; they include the participation and representation of employees in
the governance of the enterprise. To name a few, we have Mediclaim and Group
Personal Accident policies and insurance schemes covering the employee and
his family, round the clock medical assistance, pension schemes like
Superannuation Pension scheme (SAS from LIC of India) and EPF, Financial
securities such as EPF and Gratuity and various Welfare initiatives.
Our motto Stay Together Stay Focused
has bonded us like
a one big family where we share our joys and problems together.
protection of the environment is an integral part of IOLCP's business
operations and community activism. The Company invests in the development of
wastewater and effluent treatment systems, expanding the use of replenishing
energy sources, limiting energy consumption and conserving scare water
resources. Ongoing management audits, environment-designated customer
surveys and systematic environmental audits are initiated and conducted by
both Company management and employees. IOLCP's goal is that all of its
plants, offices and facilities comply with environmental regulations and
ordinances in the countries they operate, and the Company initiated a plan
to achieve full compliance with ISO 14001.
IOLCP strives that all Company sites will prepare an annual Environmental
Work Plan for long-term commitment and ongoing improvement, in accordance
with the ISO 14001 Environment Management principles. These plans encompass
environment audits; new environment procedures & standards;
environmental committees & forums; controlling emissions; wastewater and
solid waste; environmental risk management, training & enforcement; and
business licensing, permit renewal & reporting. In addition, IOLCP
conducts periodic monitoring of air emissions and wastewater discharge, with
regular reporting the appropriate authorities.
IOLCP has adapted "Go Green" principles, with special units for
designing environmentally-friendly production processes in place in the IBB
and MCA Divisions, as well as for new imminent construction projects. In the
energy sphere, guidelines are in place to use passive techniques for
heating, cooling and air flow, improve air conditioning and heating systems,
and use natural light and insulation.
and Safety Policy
IOL CHEMICALS AND PHARMACEUTICALS LTD,is wholly
committed for the protection of the Environment, Health and Safety of its
employees and integrate the commitment into our routine practices. To
realize the commitment, we shall implement
the following EHS Policy:-
- Strive to minimize the adverse impact on environment, health and
Safety by upgrading technology, optimum utilization of resources and
minimizing effluent / waste generation.
- Complying with the applicable statutory and legal requirements and
providing safe working environment / work place by imparting training to
- Spread awareness about the EMS and Process Safety and necessary PPE.
(Chairman & Managing Director)
Child Labour Policy
are more children under the age of 14 in India than the entire population of
the United States. The great challenge of India, as a developing country, is
to provide nutrition, education and health care to these children.
Children under 14 constitute around 3.6% of the total labour force in
India. Of these children, nine out of every ten work in their own rural
family settings. Nearly 85% are engaged in traditional agricultural
activities. Less than 9% work in manufacturing, services and repairs. Only
about 0.8% works in factories.
While child labour is a complex problem that is rooted in poverty, there is
unwavering commitment by the Government and the people of India to combat
it. Success can be achieved only through social engineering on a major scale
combined with national economic growth. We, at IOLCP ensures that the no
person under the age of 18 years is employed with us directly or under
contracted manpower and strictly comply with The Child Labour (Prohibition &
Regulation) Act, 1986.