Our Sustainability Framework
The long-term viability of our Sustainability Strategy is a result of our comprehensive Sustainability Framework that we are implying across the JSW Group. This structured approach is helping us ensure that the important elements of our strategy along with the key sustainability issues faced by our sites and companies are managed consistently with the utmost efficiency.
These are documents which will set out exactly how each site and/or business within the JSW Group will perform certain activities related to the key elements of our Framework. They will describe how our sites, and how some of our Group functions, shall set and deliver objectives, manage changes, manage their supply chain, collect performance data and report it, carry out new projects, etc.
For many of the sustainability issues that are likely to affect our sites, or our Group as a whole, we will be defining certain expectations. These may be things we do not want to happen at all in our businesses (e.g. child labour), or things we may aspire to achieve (e.g. carbon neutrality), or things we require all our sites and businesses to do (e.g. comply with laws and regulations). Such prohibitions, aspirations and requirements relating to a particular sustainability issue will be summarised in a single Policy document against which, ultimately, the success of our Strategy and our Framework can be assessed.
In order to achieve the expectations defined in a Policy, sites and/or businesses within our Group will be required to perform certain activities the same way to ensure consistency. And hence, the means of undertaking these activities will be defined within a Technical Standard. Sometimes, these Technical Standards may also define things such as minimum performance levels, requirements for generating records, maybe even specific requirements relating to ensuring competence.
Where additional information is thought to be relevant in order for requirements within Management Standards or Technical Standards to be delivered, this will be included in a Guidance Note. A Guidance Note won’t include anything that must be done; instead, it will provide further information on how a thing that must be done can be carried out.