Vigil Mechanism Policy
L&T-Sargent & Lundy (the ‘Company’) is committed to the highest possible standards of openness, probity, and accountability. In line with that commitment we expect directors and employees that we deal with, to come forward and voice genuine concerns.
Keeping this in mind and to facilitate this process, the Company has formulated a Vigil Mechanism Framework to enable directors and employees to report genuine concerns.
The Vigil Mechanism Framework is a structured process, which encourages and facilitates directors and employees to report without fear, wrongdoings or any unethical or improper practice which may adversely impact the image, credibility and/or the financials of the company, through an appropriate forum. The objective is to maintain a redressal system which can process all complaints concerning questionable accounting practices, internal accounting controls, or fraudulent reporting of financial information and anti- social conducts.
Code of Conduct for Suppliers
L&T & its Group companies foster responsible behavior in their supply chain, in accordance with the highest standards of ethics and integrity, respect for the law, human and labour rights, and environmental stewardship. L&T & its Group companies uphold in letter and in spirit the United Nations Universal Declaration on Human Rights, the fundamental Human Rights Conventions of International Labour Organisation (ILO) and Sustainable Development Goals (SDGs). We follow Global Reporting Initiative (GRI) standards, Integrated Reporting (IR) and Business Responsibility and Sustainability Reporting (BRSR) frameworks.
Our Code of Conduct guides all suppliers to engage in ethical, responsible, and legal business practices in their operations and adhere to ESG standards. L&T & its Group companies expect suppliers to comply with all applicable regulatory requirements and implement policies and procedures, and provide training, as deemed necessary within their organization. The CoC has been developed considering the current national and international laws, policies, regulations and global standards.
Download the Code of Conduct for Suppliers