We believe that the capability of our employees is the key to our success thus we are committed to provide necessary human resource development and training prospects. This is likely to equip our employees with additional skills, which enable them to adapt to contemporary technological advancements.
We consider our people to be our most valuable assets, and we are determined to offer all our employees a safe and healthy work environment.
We align our business goals with individual goals and provide overall development, emphasising upskilling and equipping them with the ability to maximise the opportunities available within the ecosystem of our Company.
Creating and nurturing a good office environment entails a variety of aspects, primarily revolving around a business culture that supports a healthy work-life balance. Across our value chain, we employ many people, either directly or indirectly. Given the scope of our activities, there is an inherent danger of human rights breaches, which might hurt our reputation. As a result, we bear responsibility and accountability for safeguarding human rights throughout our value chain, including our operations, supplier chain, communities, and commercial connections.
Our Code of Conduct establishes a set of guiding principles, and our employees are subjected to regular Code of Conduct training. The e-learning portal is used to launch online awareness modules of mandatory sessions on Code of Conduct Business Ethics and Whistle-Blower Policy, ABAC, Anti-Trust Guidance Laws and Human Rights, which now have a 100% coverage. The e-learning portal further drives awareness among employees on the many facets of POSH law.
At BALCO, we hold training and development closely related to our employee's development and is critical for our Company's growth and success as it improves employee efficiency and helps them in being more innovative and productive. Throughout the year, we provide a variety of training programmes to help upskill our employees. Recruits participate in a month-long SBU-based induction programme to learn about the Company's processes, policies, and procedures. We ensure that our recruits transition from their campus to the corporate with the help of various inductions.
Likewise, existing professionals receive extensive training in various topics relating to technical and behavioural traits. Behavioural training dives into programmes to increase the quality of life and achieve a work-life balance. Parts of managerial and leadership abilities are also imparted.
Furthermore, we encourage our employees to constantly equip themselves with the emerging technologies to improve their efficiency to optimise our processes, reduce errors and streamline information exchange. In addition, we offer online courses, and employees have complete access to all learning materials. In the year under review, we have had a lot of training and developments programmes targeted towards our employees, such as:
A total of 20 e-learning modules active and cross functional training sessions across group
More than 50 internal and over 15 external learning sessions conducted
Training session on gender sensitisation
Training session on New Me, We Care (health and hygiene) for diversity employees
Self-defence training session by Fitcom
Finance, ESG, marketing, commercial, legal, quality, CC, PR, CSR, rolled product and management functional act up
Identified 8 business and 14 technical STARS
Role elevation and recognition given to 186 identified leaders across various talent development initiative
Comprehensive training interventions
We, at Balco strive to bring a positive change and effectively contribute in building a meritocratic society, one which will be Balco free of discrimination, in terms of age, gender, race, colour, biological challenges, marital status, country, caste, or religion.
Under the umbrella of diversity and inclusion, we have always believed in providing equal opportunity to everyone (D&I). To support this, Vidya Rajput, a transgender rights activist who has been advocating for transgender rights, collaborated for transgender participation at BALCO.
To turn words into actions, we have employed four transgender people and placed in Business Partner roles, where they are contributing to our Company’s operational and organisational success. M/S Gear India employs transgender individuals in forklift operations. The project began with hiring four transgender people and will eventually expand to twenty.
In the interest of all the stakeholders, we, at Balco try to establish a sustainable business model by laying a strong emphasis on employee protection in the workplace from accidents, injuries, and exposure to harmful substances. We frequently hold safety training for our personnel to increase their awareness and behavioural safety (Chetna). Additionally, the Vedanta Sustainability Assurance Programme provides training for specific work responsibilities such as Emergency preparedness and response through DGFASLI. In case of prolonged absence (considered when taken for more than 90 days), employees are provided with the upgraded safety and well-being training courses.
Among the various initiatives taken in the path to health and safety, the following events were organised during the year:
Lost time injury frequency rate (LTIFR)
© Bharat Aluminium Company Limited - Annual Report 2021-22