Faze Three Ltd. - Environmental & Social Information 2024

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September 05, 2024

To,

BSE Limited National Stock Exchange of India Limited Department of Corporate Services, Listing Compliance Department, P. J. Towers, Dalal Street, Exchange Plaza, Plot No. C/ 1, G Mumbai – 400 001. Block, Bandra Kurla Complex, Scrip Code: 530079 Bandra (E), Mumbai – 400 051. Symbol: FAZE3Q

Dear Sir/Ma’am,

Sub: Submission of the Business Responsibility and Sustainability Report for the Financial Year 2023-24

Pursuant to Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Business Responsibility and Sustainability Report for the Financial Year 2023-2024 on voluntary basis.

The aforesaid Business Responsibility and Sustainability Report is available on the Company’s website as a part of Annual Report for the Financial Year 2023-2024.

Link: https://www.fazethree.com/wp-content/uploads/2425/FAZE3ANNUALREPORT2024.pdf.

You are requested to kindly take the same on record.

Thanking You,

Yours Sincerely,

For Faze Three Limited

AKRAM Digitally signed by AKRAM HASAN HASAN SATI Date: 2024.09.05 SATI 18:28:21 +05'30' Akram Sati Company Secretary & Compliance Officer M. No.: A50020

Encl: a/a

FAZE THREE LIMITED (CIN: L99999DN1985PLC000197) Regd. Office: Survey 380/1, Khanvel Silvassa Road, Dapada, Silvassa – 396 230, UT of D&NH Corporate Office: 63, 6[th] Floor, Wing C, Mittal Court, Nariman Point, Mumbai - 400021. Tel. : 91 (22) 43514444, 66604600 * Fax : 91 (22) 24936811 * E-mail : [email protected] * Website : www.fazethree.com

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BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT FOR FY 2023-24

SECTION A: GENERAL DISCLOSURES

I. Details of the listed entity

Corporate Identity Number (CIN) of the Listed Entity: L99999DN1985PLC000197
Name of the Listed Entity: Faze Three Limited
Year of incorporation: 1985
Registered office address: Survey No. 380/1, Khanvel Silvassa Road, Village Dapada, UT of DNH & DD, 396230 India.
Corporate address: 63, 6th Floor, Wing C, Mittal Court, Nariman Point, Mumbai – 400021.
E–mail: [email protected]
Telephone: 91 (22) 43514400
Website: www.fazethree.com
Financial year for which reporting is being done: Financial year 2023–24
Name of the Stock Exchange(s) where shares are listed: BSE Limited and National Stock Exchange of India Limited
Paid–up Capital: 24,31,90,000/-
Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report:
Mr. Ankit Madhwani, Chief Financial Officer / Mr. Akram Sati, Company Secretary and Compliance Officer
Telephone no.: 91 (22) 43514400 Email id: [email protected]
Reporting boundary – Are the disclosures under this report made on a standalone basis (i.e. only for the entity) or on a consolidated basis (i.e. for the entity and all the entities which form a part of its consolidated financial statements, taken together) – The disclosures under this report are made on standalone basis for Faze Three Limited.

II. Products/Services

14. Details of business activities (accounting for 90% of the turnover)

Sr.No.	Description of Main Activity	Description of Business Activity	% of Turnover of the entity
1	Manufacturing	Home & Technical Textile Products	90%

15. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover)

Sr. No.	Product/Services	NIC Code	% of total Turnover contributed
1	Manufacturing of made- up textile products except apparels.	1392	90%

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III. Operations

16. Number of locations where plants and /or operations/offices of the entity are situated

Location	Number of Plants	Number of offices	Total
National	7	2	9
International	-	-	-

17. Markets served by the entity

a. Number of locations:

Locations	Number 0 26
National(No. of States)
International(No. of Countries)

b. What is the contribution of exports as a percentage of the total turnover of the entity? = 90%
c. A brief on types of customers

Faze Three Limited is engaged in the business of manufacturing home & technical textiles furnishing products. The Company generates over 90% of its total revenue from Exports. The Company has a diversified product line, Products range from All types of Bathmats, Ultra Luxury Bath Rugs, Washable Area Rugs, High–Performance Outdoor/Indoor rugs, Top of the Bed products, Blanket, Curtains, Patio Mats, Cushions, etc. The Company supplies to Global retail giant and caters to a wide range of vendors and wholesalers in USA/ EU/UK.

IV. Employees

18. Details as at the end of Financial Year:

a. Employees and Workers (including differently abled):

Sr. No.	Particulars	Total (A)	Male	Male		Female
			No.(B)		%(B/A)	No.(C)	%(C/A)
			EMPLOYEES
1.	Permanent(D)	707		653	92.36	54	7.64
2.	Other than Permanent(E)	0		0	0	0	0
3.	Total employees (D+E)	707		653	92.36	54	7.64
				WORKERS
4.	Permanent(F)	1539		1201	78.04	338	21.96
5.	Other than Permanent(G)	832		656	78.85	176	21.15
6.	Total workers (F+G)	2371		1857	78.32	514	21.68

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b. Differently abled Employees & Workers:

Sr. No.	Particulars	Total (A)	Total (A)	Total (A)	Male	Male	Female
					No.(B)	%(B/A)	No.(C)	%(C/A)
			DIFFERENTLY ABLED EMPLOYEES
1.	Permanent(D)	0			0	0	0	0
2.	Other than Permanent(E)	0			0	0	0	0
3.	Total employees (D+E)	0			0	0	0	0
				DIFFERENTLY ABLED WORKERS
4.	Permanent(F)	4			3	75	1	25
5.	Other than Permanent(G)	3			3	100	0	0
6.	Total workers (F+G)	7			6	85.71	1	14.29

19. Participation/ Inclusion/ Representation of women

	Total (A)	No. andpercentage of Females	No. andpercentage of Females
		No.(B)	%(B/A)
Board of Directors	7	1	14.29%
Key Management Personnel	2	0	0.00%

20. Turnover rate for permanent employees and workers

	FY 2023-24	FY 2023-24		FY 2022-23	FY 2022-23		FY 2021-22	FY 2021-22
	Male	Female	Total	Male	Female	Total	Male	Female	Total
Permanent Employees & Workers	10.68%	11.73%	10.82%	14.11%	12.61%	13.36%	10.69%	7.07%	9.93%

V. Holding, Subsidiary and Association Companies (including joint ventures)

21. Name of the holding/ subsidiary/ associate companies/ joint ventures.

Sr. No.	Name of the holding/ subsidiary/ associate companies/ joint ventures(A)	Indicate whether holding/ Subsidiary/ Associate/ Joint Venture	% of shares held by listed entity	Does the entity indicated at column A, participate in the Business Responsibility initiatives of the listed entity? (Yes/No)
1	Faze Three US LLC	Wholly Owned Foreign Subsidiary	100.00%	No
2	Mats and More Private Limited	Wholly Owned Foreign Subsidiary	100.00%	No

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VI. CSR Details

(i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes (ii) Turnover (in Rs) : 5,35,84,80,818.13
(iii) Net worth (in Rs): 3,16,40,05,352.38

VII. Transparency and Disclosure Compliances

Complaints/Grievances on any of the principles (Principles 1 to 9) under the National Guidelines on Responsible Business Conduct:

Stakeholder group from whom complaint is received	Grievance Redressal Mechanism in Place (Yes/No) (If Yes, then provide web-link for grievance redress policy)	FY 2023-24 Current Financial Year	FY 2023-24 Current Financial Year	FY 2023-24 Current Financial Year	FY 2022-23 Previous Financial Year	FY 2022-23 Previous Financial Year	FY 2022-23 Previous Financial Year
		Number of complai nts filed during the year	Number of complai nts pending resoluti on at close of theyear	Remarks	Number of complai nts filed during the year	Number of complai nts pending resoluti on at close of theyear	Remarks
Communities	The Company has deployed its employees at each factory location who regularly visit the communities and interact with people to ascertain and address community concerns, if any.	NIL	NIL	NIL	NIL	NIL	NIL
Investors (other than shareholders )	No	NIL	NIL	NIL	NIL	NIL	NIL
Shareholders	The Company has Stakeholders Relationship Committee ("SRC") to examine and redress complaints by shareholders. SRC meets as and when required and atleast once a year to resolve shareholders grievances. Scores platform is also available for shareholders to raise any complaints (https://scores.gov.in/admin /Welcome. html)	NIL	NIL	NIL	NIL	NIL	NIL
Employees and workers	https://www.fazethree.com/ policies/	NIL	NIL	NIL	NIL	NIL	NIL

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Customers	The Company operates into B2B Model and exports manufactured products to large retailers around the world. Each customer has a dedicated key account manager for 360-degree communication.	NIL	NIL	NIL	NIL	NIL	NIL
Value Chain Partners	The Company has deployed its employees at each factory location who regularly interacts with Value chain partners to ascertain and address concerns,if any.	NIL	NIL	NIL	NIL	NIL	NIL

Please indicate material responsible business conduct and sustainability issues pertaining to environmental and social matters that present a risk or an opportunity to your business, rationale for identifying the same, approach to adapt or mitigate the risk along-with its financial implications, as per the following format

Sr. No.	Material issue identified	Indicate whether risk or opportunity (R/O)	Rationale for identifying the risk / opportunity	In case of risk, approach to adapt or mitigate	Financial implications of the risk or opportunity (Indicate positive or negative implications)
1.	Natural Resource availability	Opportunity	Natural capital being an essential part of our value creation model, drives us towards meeting our business needs by creating sustainable products and solutions with minimum impact on the natural ecosystem.	1. The Company, have installed Rooftop Solar of 2.1 MW at Silvassa location for captive consumption contributing up to 35% of existing electricity units consumed. 2. Company's finished goods warehouses (capacity upto 130 HQ containers at a time) are operated by fully Electric lithium– ion fleet of forklifts / reach trucks. 3. The above these initiatives are conscious efforts	Positive: Scope to increase reliability on renewal energy.

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				towards ESG goals of the company with sustainable capitalpaybacks
2.	Geo Politics	Risk & opportunities	A tension between key trading partners such as USA, UK, China, etc could lead to tariff and trade restrictions. Geo political instability in trade routes could result in supply chain disruption, higher cost and delays.	The Company sources 99% of its Raw material from domestic market to avoid supply chain disruptions. China plus one sentiment continues to improve in India’s favour overall and especially in value added textile merchandise pertaining to MMF. The Company has invested significantly across all locations over last three years and added capacity in legacy products and build new product lines to grab the opportunity of Chine plus one sentiment.	Positive
3.	Climate Change	Risk	Being a Textile manufacturing Company, the yarn is the primary raw material for production. Climate change adversely impacts the growth and production of yarn	The Company has in place the adequate system to regularly monitor stock of the raw material including keeping alternative supply sources, offering products with different type of yarn such as Suprima, recycled, etc. keeping in view of the climate risk factor. Further, company aims to increase use	Negative: Scarcity/ shortage of yarn leads to high production cost. Positive: Move towards sustainable cotton and use rPET and recycle/ reuse fiber

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				of sustainable inputs and procedure to fight climate change.
4.	Water Management	Risk	Water is mainly required for processing the textiles consumes.	Plant wise plan/actions implemented for alternate sources of water like borewell, ground water, effluent treatment plant, water re–use, rainwater harvesting, tanker water supply and achieving water neutrality	Negative: Scarcity/ Shortage will impact the manufacturing process.
5.	Regulatory changes	Risk & Opportunity	The company is governed by various law, rules & regulations. Any regulatory changes can change the way company operates, impacting sourcing of materials, emissions, waste generation, storage and use of material or quality of finished goods	1. The Company continues to monitor all emerging regulations, incidents, developments and map it for compliance. 2. Regular training and discussion with employees is conducted to keep them updated about regulatory changes. 3. Data mapping and records are kept in organised manner.	Positive: Scope for product innovation to meet new regulatory requirements and explore new sources of raw materials. Negative: Increased expenses in transiting towards meeting new regulations.
6.	Health and Safety risk	Risk	The manufacturing operations of the Company require workers and employees to interact with plant, machinery, and material handling equipment, all of which carry an inherent risk of injury.	1. Training of workers and employees for operating machines, procedure, SOP etc. 2. Compliance with all applicable health and safety legislations and relevant standards.	Negative: Impact on health and well– being of the workers and employees of the Company.

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				3. Keep upgrading the health and safety standards.
7.	Employee/ Worker engagement	Risk and Opportunities	Employees and workers are key component in functioning of the organisation. Any strike /dispute can disturb functioning of the organisation	1. Employee engagements and training for providing new growth opportunities. 2. Knowledge sharing sessions on labour laws. 3. Physical and Mental Wellness sessions conducted on regular basis. 4. Grievances redressal system where employees are encouraged to share their concerns with their Reporting Manager or the members of the senior management. 5. Policy on Prevention of Sexual Harassment at Workplace for prevention, prohibition and redressal of sexual harassment at workplace has been formulated and Internal Complaints Committee has also been set up to redress any such complaints received.	Positive: The engagements lead to employee/ workers feeling part of organisations leading to better efficiency and creating leaders for tomorrow. Negative: Labour unavailability can impact manufacturing.
8.	Customer Satisfaction	Opportunity	The key goal of any organisation is to ensure that ‘customers get, what customers want’. We here at	Company has dedicated person for each customer at each location for customer feedback along with	Positive: Satisfied customer plays very vital role for growth and expansion of the company. It also

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			Faze Three believes that a satisfied customers brings greatest opportunities.	“Customer Policy” to ensure best possible business experience to customers.	adds to brand value of the company.
9.	Employment	Opportunity	Organisation’s efficiency is a result of its employee’s efficiency. Thus, we consider employment as an opportunity to attract, train and retain workforce that grow and developwith us.	--	Positive: Skilled employees helps business to grow and develop more consistently, ensuring sustainable growth in revenue and profits.

SECTION B: MANAGEMENT AND PROCESS DISCLOSURES

This section is aimed at helping businesses demonstrate the structures, policies and processes put in place towards adopting the NGRBC Principles and Core Elements.

Disclosure Questions	P1	P2	P3	P4	P5	P6	P7	P8	P9
Policy and managementprocesses
1. a. Whether your entity’s policy/policie s cover each principle and its core elements of the NGRBCs.	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
b. Has the policy been approved by the Board?	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
c. Web Link of the Policies, if available
2. Whether the entity has translated the policy into procedures.	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes
3. Do the enlisted	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes	Yes

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policies extend to your value chain partners?
4. Name of the national and international codes/certifi cations/label s/ standards (e.g. Forest Stewardship Council, Fairtrade, Rainforest Alliance, Trustea) standards (e.g. SA 8000, OHSAS, ISO, BIS) adopted by your entity and mapped to each principle.	Fair Trade USA, GOTS, Oeko–Tex – standard 100, STeP (Sustainabl e Textile Production) , MIG label (Made in Green), ISO9001:20 15, SA8000:20 14, SMETA; The Supplier Compliance Audit Network (SCAN); Global Recycled Standard (GRS).	ISO9001:2 015, Fair Trade USA, Oeko–Tex – standard 100, STeP (Sustaina ble Textile Productio n), MIG label(Mad e in Green); intertek – Global security verificatio n; The Supplier Complian ce Audit Network (SCAN); Global Recycled Standard (GRS); Recycled Claim Standard (RCS)	SMETA, SA8000:20 14; Intertek – Global security verificatio n	SMETA; intertek – Global security verification; The Supplier Compliance Audit Network (SCAN); GOTS; Global Recycled Standard (GRS); SA8000:2014	SA8000: 2014	Fair Trade USA, GOTS, Oeko– Tex – Standar d 100, MIG label(M ade in Green )	NA	SA8000:20 14, STeP (Sustainabl e Textile Production ), Global Recycled Standard (GRS),	intertek– Global security Verificatio n; Oeko– Tex – standard 100; ISO 9001:2015
5. Specific commitment s, goals and targets set by the entity with defined timelines, if any.	The Company is in compliance with all applicable laws and regulations and is committed & working regularly to further improve the current standards
6. Performance of the entity against the specific commitment s, goals and targets along-with	The Board of Directors of the Company has empowered the Senior Management at each location to ensure the compliance with the principles and to review it periodically and strive to improve the current standards.

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reasons in case the same are not met. Governance, leadership and oversight

Statement by director responsible for the business responsibility report, highlighting ESG related challenges, targets and achievements ( listed entity has flexibility regarding the placement of this disclosure)
Details of the The Board of Directors of the Company through top management oversee the highest implementation of the Business Responsibility policies. authority responsible for implementat ion and oversight of the Business Responsibilit y policy (ies).
Does the No entity have a specified Committee of the Board/ Director responsible for decision making on sustainability related issues? If yes, provide details.

Note 1

Note 1
Principles	Applicable Policies	Link forpolicies
PRINCIPLE 1 - Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable	Code of Conduct for Directors and Senior Management Personnel, Insider Trading Policy, Policy on dealing with and materiality of Related Party Transactions, Vigil Mechanism/ Whistle Blower Policy	https://www.fazethree.com/policies/
PRINCIPLE 2 - Businesses should provide goods and services in a manner that is sustainable and safe	Environment, Health and Safety Policy	https://www.fazethree.com/policies/
PRINCIPLE 3 - Businesses should respect and promote the well–being of all employees, including those in their value chains	Code of Conduct for Employees, HR Policy, Policy on Prevention of Sexual Harassment (POSH) of women at the workplace	https://www.fazethree.com/policies/

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PRINCIPLE 4 – Businesses should respect the interests of and be responsive to all its stakeholders	Corporate Social Responsibility Policy	https://www.fazethree.com/policies/
PRINCIPLE 5 - Businesses should respect and promote human rights	Code of Conduct for Employees, HR Policy	https://www.fazethree.com/policies/
PRINCIPLE 6 - Businesses should respect and make efforts to protect and restore the environment	Environment, Health and Safety Policy, Corporate Social Responsibility Policy	https://www.fazethree.com/policies/
PRINCIPLE 7 - Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent	NA	NA
PRINCIPLE 8 - Businesses should promote inclusive growth and equitable development	Corporate Social Responsibility Policy	https://www.fazethree.com/policies/
PRINCIPLE 9 - Businesses should engage with and provide value to their consumers in a responsible manner	Customer Policy	https://www.fazethree.com/policies/

10. Details of Review of NGRBCs by the Company:

Subject for review	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9	Indicate whether review was undertaken by Director / Committee of the Board/ Any other Committee P1 P2 P3 P4 P5 P6 P7 P8 P9
		P2	P3	P4	P5	P6	P7	P8	P9
Performance against above policies and follow upaction	Committee of the board						NA	Committee of the board
Compliance with statutory requirements of relevance to the principles, and, rectification of anynon–compliances							NA

of anynon–compliances
Subject for review	Frequency [Annually (A)/ Half yearly (H)/ Quarterly (Q)/ Any other – please specify]
	P1	P2	P3	P4	P5	P6	P7	P8	P9
Performance against above policies and follow upaction	A	A	A	A	A	A	NA	A	A
Compliance with statutory requirements of relevance to the principles, and, rectification of any non– compliances	Q	Q	Q	Q	Q	Q	NA	Q	Q

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11. Has the entity carried out independent assessment/ evaluation of the working of its policies by an external agency? (Yes/No). If yes, provide name of the agency.

P1	P2	P3	P4	P5	P6	P7	P8	P9
No	No	No	No	No	Yes*	No	No	No

*The Company has conducted independent assessment from outside agency for FY 2022-23.

12. If answer to question (1) above is “No” i.e. not all Principle are covered by a policy, reason to be started:

Questions	P7
The entity does not consider the Principles material to its business(Yes/No)	No
The entity is not at a stage where it is in a position to formulate and implement the policies on specifiedprinciples(Yes/No)	No
The entity does not have the financial or/human and technical resources available for the task(Yes/No)	No
It is planned to be done in the next financial year(Yes/No)	No
Any other reason (please specify)	The Company may share its knowledge / knowhow to assist in the formulation of public policy, but it does not directly engage in advocacy activities. The Company is committed to extend financial literacy, employment generation, equal opportunity, increasing investor awareness,amongothers.

PRINCIPLE 1: Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.

Essential Indicators

Percentage coverage by training and awareness programmes on any of the Principles during the financial year: 2023-24

Segment	Total number of training and awareness programmes held	Topics /principles covered under the training and its impact	%age of persons in respective category covered by the awareness programmes
Board of Directors	6 (as part of Board Meeting)	Corporate Governance/ Companies Act/ SEBI Regulations.	80.95%
Key Managerial Personnel			100%

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Employees other than BoD and KMPs	189*	Fire and safety, mock drill, on site emergency, waste management handling, first aid training, use of PPE, social awareness, health & safety, environment, posh training, crisis, disaster management training, QMS procedures,etc.	100%
Workers	314*	Fire and safety, mock drill, on site emergency, waste management handling, first aid training, use of PPE, social awareness, health & safety, environment, posh training, crisis, disaster management training, QMS procedures, hazardous waste and chemical handling,etc	100%

*The above mention number of training is sum of training conducted at all of company’s plants & offices during FY 2023-24.

Details of fines / penalties /punishment/ award/ compounding fees/ settlement amount paid in proceedings (by the entity or by directors / KMPs) with regulators/ law enforcement agencies/ judicial institutions, in the financial year, in the following format (Note: the entity shall make disclosures on the basis of materiality as specified in Regulation 30 of SEBI (Listing Obligations and Disclosure Obligations) Regulations, 2015 and as disclosed on the entity’s website): NONE

		Monetary	Monetary
	NGRBC Principle	Name of the regulatory/ enforcement agencies/ judicial institutions	Amount (In INR)		Brief of the Case	Has an appeal been preferred? (Yes/No)
Penalty/Fine	-	-	-		-	-
Settlement	-	-	-		-	-
Compounding fee	-	-	-		-	-

		Non-Monetary
	NGRBC Principle	Name of the regulatory/ enforcement agencies/ judicial institutions		Brief of the Case		Has an appeal been preferred? (Yes/No)
Imprisonment	-	-		-		-
Punishment	-	-		-		-

Of the instances disclosed in Question 2 above, details of the Appeal/ Revision preferred in cases where monetary or non-monetary action has been appealed.

Case Details Name of the regulatory/ enforcement agencies/ judicial institutions Not Applicable

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Does the entity have an anti-corruption or anti-bribery policy? If yes, provide details in brief and if available, provide a web-link to the policy:

Yes, the Company has an Anti-Bribery and Anti-corruption policy. This policy applies to all persons associated with the Company and who may be acting on behalf of the Company. The policy is available on the Company’s website at https://www.fazethree.com/policies/.

Number of Directors/KMPs/employees/workers against whom disciplinary action was taken by any law enforcement agency for the charges of bribery / corruption:

	FY 2023-24	FY 2022-23
Directors	NIL	NIL
KMPs
Employees
Workers

Details of complaints with regard to conflict of interest:

	FY 2023-24	FY 2023-24	FY 2022-23	FY 2022-23
	Number	Remarks	Number	Remarks
Number of complaints received in relation to issues of Conflict of Interest of the Directors	NIL	NA	NIL	NA
Number of complaints received in relation to issues of Conflict of Interest of the KMPs	NIL	NA	NIL	NA

Provide details of any corrective action taken or underway on issues related to fines / penalties / action taken by regulators/ law enforcement agencies/ judicial institutions, on cases of corruption and conflicts of interest:

Not Applicable.

Number of days of accounts payable:

	FY 2023-24	FY 2022-23
Number of days of accountspayable	10.44 days	8.07 days

*Formula used to calculate above data: (Avg. Accounts payable x 365)/ Cost of Goods & Services procured.

9. Open-ness of business:

Details of concentration of purchase & sales with trading houses, dealers, and related parties along-with loans and advances & investments, with related parties:

Parameter	Metrics	FY 2023-24	FY 2022-23
	a. Purchases from trading houses as % of totalpurchases	10%	12%

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Concentration of Purchases	b. Number of trading houses where purchases are made from	268	290
	c. Purchases from top 10 trading houses as % of total purchases from tradinghouses	64.09%	67.91%
Concentration of Sales	a. Sales to dealers / distributors as % of total sales	0	0
	b. Number of dealers / distributors to whom sales are made	0	0
	c. Sales to top 10 dealers / distributors as % of total sales to dealers/distributors	0	0
Share of RPTs in	a. Purchases (Purchases with related parties/Total Purchases)	6.34%	2.50%
	b. Sales (Sales to related parties / Total Sales)	8.29%	6.56%
	c. Loans & advances (Loans & advances given to related parties / Total loans & advances)	100%	100%
	d. Investments (Investments in related parties / Total Investments made)	0	0

*Loan given to Mats & More Limited (WOS).

Leadership Indicators

Awareness programmes conducted for value chain partners on any of the Principles during the financial year: 2023-24

year: 2023-24
Total number of awareness programmes held	Topics / principles covered under the training	%age of value chain partners covered (by value of business done with such partners) under the awareness programmes
The Company conducts programmes at the time of on boarding new vendor and thereafter at regular interval	Ethical Policy, Integrity, Health and Safety, Sustainability, Transparency and Accountable behaviour	100% major value chain partners covered

Does the entity have processes in place to avoid/ manage conflict of interests involving members of the Board? (Yes/No) If Yes, provide details of the same.

Yes, the Company has a Code of Conduct for Board of Directors and Senior Management Personnel which provides clear guidelines for avoiding and disclosing actual or potential conflict of interest with the Company. The Company receives an annual declaration from its Board of Directors and Senior Management Personnel on compliance with the code. The Company also ensures requisite approvals as required under the applicable laws are taken prior to entering into transactions with interested entities, if any.

The policy is available on the Company's website at https://www.fazethree.com/policies/.

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PRINCIPLE 2: Businesses should provide goods and services in a manner that is sustainable and safe

Essential Indicators

Percentage of R&D and capital expenditure (capex) investments in specific technologies to improve the environmental and social impacts of product and processes to total R&D and capex investments made by the entity, respectively.

the entity, respectively.
	FY 2023-24	FY 2022-23	Details of improvements in environmental and social impacts
R&D	0*	-	Kindly refer Annexure III (Report on conservation of energy, technology absorption) of the Directors' Report forming part of the Annual Report.
Capex	4.84	23.23

*The Company has dedicated team at all locations for new product development which continuously engage with customers for new product and improvement in existing offerings

a. Does the entity have procedures in place for sustainable sourcing? = Yes

b. If yes, what percentage of inputs were sourced sustainably?

= The Company has procedures in place to source inputs from sustainable source, the materials are sourced from well-established names in industry. The Company also follows strategy for ethical business practice and discourages child labour, force labour for sustainable sourcing.

Describe the processes in place to safely reclaim your products for reusing, recycling and disposing at the end of life, for (a) Plastics (including packaging) (b) E-waste (c) Hazardous waste and (d) other waste.
(a) Plastics (including packaging) - The Company encourages its customers to replace Plastics Tags with FSC Paper Tag and other recyclable material.
(b) E-waste – All IT related disposal are done through E–waste certified supplier who ensures safe disposal with minimal environmental impact.
(c) Hazardous waste - The legally prescribed procedures are adopted reusing and recycling the hazardous waste and environmentally sound disposal techniques are applied for disposing hazardous waste.
(d) Other waste - The non–hazardous waste is sold to authorised recyclers/ government authorities/ government agents.
Whether Extended Producer Responsibility (EPR) is applicable to the entity’s activities (Yes / No). = No.

If yes, whether the waste collection plan is in line with the Extended Producer Responsibility (EPR) plan submitted to Pollution Control Boards? If not, provide steps taken to address the same. = NA

Leadership Indicators

Has the entity conducted Life Cycle Perspective / Assessments (LCA) for any of its products (for manufacturing industry) or for its services (for service industry)? If yes, provide details in the following format?

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Given the diversity of our products, Company has not undertaken LCA. However, the Company is exploring various initiatives to assess Carbon Footprint and reduce the same.

If there are any significant social or environmental concerns and/or risks arising from production or disposal of your products / services, as identified in the Life Cycle Perspective / Assessments (LCA) or through any other means, briefly describe the same along-with action taken to mitigate the same.

Name of Product / Service	Description of the risk / concern	Action Taken
Home textiles products (All types of Bathmats, Ultra Luxury Bath Rugs, Washable Area Rugs, High– Performance Outdoor/Indoor rugs, Top of the Bed products, Blanket, Curtains, Patio Mats, Cushions, etc.)	Waste Generation in the process of production.	The Company encourages its customers to place orders for products which are sustainable and manufactured with recycled and reused material.
	Oil Discharge	The Company has in place effluent treatment/ discharge facility for proper disposal of oil.
	Carbon Emission (as a result of production process and generation /use of electricity)	i. Expanding use of CNG, Solar Energy, Electrical Vehicles and other renewable energy source. ii. Installation of rooftop solar project at its Dadra location for generation of renewable energy. iii. Installation of LED lamps in the vicinity of all factories powered by solar energy. iv. Installation of new sewing machines with servo motors leading to higher productivity and lower electricity cost. v. Turbo fans installed in the factories instead of electrical blowers thereby cutting energy
	Water pollution/ soil and land pollution.	The Company increasingly works with vendors who have integrated facility for effluent treatment or subscribe to a common treatment/discharge facility.

Percentage of recycled or reused input material to total material (by value) used in production (for manufacturing industry) or providing services (for service industry).

Indicate input material	Recycled or re-used input material to total material	Recycled or re-used input material to total material
	FY 2023-24 (%)	FY 2022-23 (%)
Plastic bags	17.53	8.17
Yarn	7.79	10.50
Spun PolyYarn	4.20	3.19
Fiber	100	100
Chindi	100	100
PackingMaterial	3.18	1.39

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Of the products and packaging reclaimed at end of life of products, amount (in metric tonnes) reused, recycled and safely disposed:

The Company operates into B2B Model and exports manufactured products to large retailers around the world and these products are not reclaimed by the Company.

Reclaimed products and their packaging materials (as percentage of products sold) for each product category.

Since the Company is engaged in B2B business model, the process with respect to the reclaimed products is not applicable to the Company.

- PRINCIPLE 3: Businesses should respect and promote the well being of all employees, including those in their value chains.

Essential Indictors

a. Details of measures for the well-being of employees:

Categor y				% of employees covered by	% of employees covered by	% of employees covered by	% of employees covered by
	Total (A)	Health insurance		Accident insurance		Maternity benefits		Paternity Benefits		Day Care facilities
		Number (B)	% (B/ A)	Number (C)	% (C/ A)	Number (D)	% (D/ A)	Number (E)	% (E/ A)	Number (F)	% (F/ A)
				Permanent employees
Male	653	221	33.84	653	100	NA	NA	653	100	653	100
Female	54	6	11.11	54	100	54	100	NA	NA	54	100
Total	707	227	32.11	707	100	54	100	653	100	707	100
				Other than Permanent employees
Male	0	0	0	0	0	0	0	0	0	0	0
Female	0	0	0	0	0	0	0	0	0	0	0
Total	0	0	0	0	0	0	0	0	0	0	0

b. Details of measures for the well-being of workers:

Categor y				% of workers covered by	% of workers covered by	% of workers covered by	% of workers covered by
	Total (A)	Health insurance		Accident insurance		Maternity benefits		Paternity Benefits		Day Care facilities
		Number (B)	% (B/ A)	Number (C)	% (C/ A)	Number (D)	% (D/ A)	Number (E)	% (E/ A)	Number (F)	% (F/ A)
				Permanent workers
Male	1201	566	47.13	1201	100	NA	NA	1201	100	1201	100
Female	338	50	14.79	338	100	338	100	NA	NA	338	100
Total	1539	616	40.03	1539	100	338	100	1201	100	1539	100
				Other than Permanent workers
Male	656	0	0	656	100	0	0	0	0	656	100
Female	176	0	0	176	100	0	0	0	0	176	100
Total	832	0	0	832	100	0	0	0	0	832	100

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c. Spending on measures towards well-being of employees and workers (including permanent and other than permanent) in the following format:

permanent) in the following format:
	FY 2023-24	FY 2022-23
Cost incurred on wellbeing measures as a % of total revenue of the company	0.083%	0.063%

Details of retirement benefits, for Current FY and Previous Financial Year.

2. Details	of retirement ben	efits, for Curre	nt FY and Previou	s Financial Year	.	.
Benefits		FY 2023-24			FY 2022-23
	No. of employees covered as a % of total employees	No. of workers covered as a % of total workers	Deducted and deposited with the authority (Y/N/N.A.)	No. of employees covered as a % of total employees	No. of workers covered as a % of total workers	Deducted and deposited with the authority (Y/N/N.A.)
PF	100	100	Yes	100	100	Yes
Gratuity	100	100	Yes	100	100	Yes
ESI	100	100	Yes	100	100	Yes

* The Employees and Workers are covered as per the threshold limit as prescribed under the various applicable law.

Accessibility of workplaces

Are the premises / offices of the entity accessible to differently abled employees and workers, as per the requirement of the Rights of Persons with Disabilities Act, 2016? = Yes

If not, whether any steps are being taken by the entity in this regard. = NA

Does the entity have an equal opportunity policy as per the Rights of Persons with Disabilities Act, 2016? If so, provide a web-link to the policy.

Yes, The Company is committed to provide equal employment opportunities without any discrimination on the grounds of race, religion, national origin, ethnic origin, colour, gender, age, citizenship, veteran status, marital status or a disability. The Company has in place Gender Equality Policy and Diversity, Equality & Inclusion Policy, which calls for no discrimination on any grounds.

The Gender Equality Policy and Diversity, Equality & Inclusion Policy can be accessed on our website at www.fazethree.com

Return to work and Retention rates of permanent employees and workers that took parental leave. :-

	Permanent employees	Permanent employees	Permanent workers	Permanent workers
Gender	Return to work rate	Retention rate	Return to work rate	Retention rate
Male	100%	100%	NA	NA
Female	NA	NA	NA	NA
Total	100%	100%	NA	NA

*NA = No parental leaves were availed during the FY 2023-24 in said category.

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Is there a mechanism available to receive and redress grievances for the following categories of employees and worker? If yes, give details of the mechanism in brief.

	Yes/No	Details of the mechanism in brief
Permanent Workers	Yes	The Company aims to provide a safe, friendly and conducive work environment to all of its employees and associates. Employees are encouraged to share their concerns with their Reporting Manager or the members of the senior management. The Company has formulated whistle blower policy which allows all our employees to report any kind of suspected or actual misconduct in the organisation in an anonymous manner. In addition, Policy on Prevention of Sexual Harassment at Workplace for prevention, prohibition and redressal of sexual harassment at workplace has been formulated and Internal Complaints Committee has also been set up to redress any such complaints received.
Other than Permanent Workers	Yes
Permanent Employees	Yes
Other than Permanent Employees	Yes

Membership of employees and worker in association(s) or Unions recognised by the listed entity:

		FY 2023-24			FY 2022-23
Category	Total employees / workers in respective category (A)	No. of employees / workers in respective category, who are part of association(s) or Union (B)	% (B/A)	Total employee s / workers in respective category (C)	No. of employees / workers in respective category, who are part of association(s) or Union (D)	% (D/C)
Total Permanent Employees	707	0	0	561	0	0
- Male	653	0	0	523	0	0
-Female	54	0	0	38	0	0
Total Permanent Workers	1539	0	0	1315	0	0
-Male	1201	0	0	1018	0	0
-Female	338	0	0	297	0	0

Details of training given to employees and workers:

Category		FY 2023-24	FY 2023-24	FY 2023-24	FY 2023-24		FY 2022-23	FY 2022-23	FY 2022-23	FY 2022-23
	Total (A)	On health and safety measures		On skill upgradation		Total (D)	On health and safety measures		On skill upgradation
		No. (B)	% (B/A)	No. (C)	% (C/A)		No. (E)	% (E/D)	No. (F)	% (F/D)
		Employees
Male	653	289	44.26	139	21.29	523	208	39.77	94	17.97
Female	54	21	38.89	12	22.22	38	17	44.74	8	21.05
Total	707	310	43.85	151	21.36	561	225	40.11	102	18.18
		Workers

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Male	1201	1201	100	250	20.82	1018	1018	100	243	23.87
Female	338	338	100	47	13.91	297	297	100	137	46.13
Total	1539	1539	100	297	19.30	1315	1315	100	380	28.90

*Only permanent employees and workers

Details performance and career development reviews of employees and worker:

Category	FY 2023-34	FY 2023-34	FY 2023-34		FY 2022-23
	Total(A)	No.(B)	%(B/A)	Total(C)	No.(D)	%(D/C)
		Employees
Male	653	653	100%	523	523	100%
Female	54	54	100%	38	38	100%
Total	707	707	100%	561	561	100%
			Workers
Male	1201	1201	100%	1018	1018	100%
Female	338	338	100%	297	297	100%
Total	1539	1539	100%	1315	1315	100%

Health and safety management system:
a. Whether an occupational health and safety management system has been implemented by the entity? (Yes/ No). If yes, the coverage such system?

The Company has in place Environmental, Health and Safety Policy for protection of the employees from work related hazards. This Health and Safety Policy covers all the operating/ factory sites of Company. The health and safety management system broadly covers the following:

Risk assessments, safety audits and safety inspections at a prescribed frequency
Optimize use of natural resources i.e. energy, fuel, water and chemicals.
Ensure that each employee, workers and visitors comply with all safety rules and regulations framed for the operation.
b. What are the processes used to identify work-related hazards and assess risks on a routine and non-routine basis by the entity?

Periodic inspections are carried out at plant site to identify work related hazards. The Company is committed to provide safe and healthy working conditions & the prevention of work–related injury and ill health of employees and workers. Periodic training is to given to the workers/ employees on dealing with hazardous goods. The Company regularly updates the health and safety standards.

c. Whether you have processes for workers to report the work-related hazards and to remove themselves from such risks. (Y/N)
=Yes
d. Do the employees/ worker of the entity have access to non-occupational medical and healthcare services? (Yes/ No)
=Yes

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Details of safety related incidents:

Details of safety related incidents:
	*Category **	FY 2023-24	FY 2022-23
Lost Time Injury Frequency Rate (LTIFR) (per one million-person hours worked)	Employees	0	0
	Workers	0	0
Total injuries recordable work-related	Employees	0	0
	Workers	0	0
No. of fatalities	Employees	0	0
	Workers	0	0
High consequence work-related injury or ill-health(excludingfatalities)	Employees	0	0
	Workers	0	0

*Including contract worker/ non-permanent workforce.

Describe the measures taken by the entity to ensure a safe and healthy work place.

The Company has in place Health and Safety Policy which covers all the operating/ factory sites of Company. The Company has taken following measures to ensure and safety and health work place:

Implementation of Heath and Management System
Systematic process in place for identification of work–related hazards.
Imparting trainings to the workers/ employees on dealing with hazardous goods.
Conducting mock drills for workers/ employees.
Adequate system in place to identify work related hazards and to formulate contingency plan and to eliminate or mitigate the hazards.
Ensures that all activities across the value chain are conducted as per the defined health and safety procedures.
Risk assessment is done on a periodic basis and actions are taken to maintain the risks.
Providing patient–centred, culturally appropriate, and individual holistic care and checkups, including sickness checkups and regular follow–ups to factory worker/ employees.
Conducts weekly checkups of employees working in Hazardous areas.
Maintenance of accurate medical records.

13. Number of Complaints on the following made by employees and workers:

		FY 2023-24			FY 2022-23
	Filed during the year	Pending resolution at the end ofyear	Remarks	Filed during the year	Pending resolution at the end ofyear	Remarks
Working Conditions	0	0	NA	0	0	NA
Health & Safety	0	0	NA	0	0	NA

Assessments for the year:

Assessments for the year:
	% of your plants and offices that were assessed (by entity or statutory authorities or thirdparties)
Health and safety practices	100%
WorkingConditions	100%

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Provide details of any corrective action taken or underway to address safety-related incidents (if any) and on significant risks / concerns arising from assessments of health & safety practices and working conditions.

The following safety measures are taken by the Company:

Thermography Scanning: Thermography scanning is conducted at all plants.
Installation of instruments to prevent fire injury & Emergency Exit: To prevent any injury from fire, the Company has installed various instruments as prescribed by the Department of Fire and Emergency Services at all plants and compliance with respect to emergency exit requirements is ensured. Further, the fire drills are carried out at regular intervals.
Masks: It is mandatory for the workers even before Covid–19 Pandemic, to wear mask at the time of processing raw cotton, in order to prevent any respiratory disorders caused due to inhalation of dust produced by raw cotton.
Safety Earmuffs: It is mandatory for workers, working in loud conditions, to wear appropriate hearing protection equipment.
Machine guards and censors: The machine guards and censors are installed to protect the machine operator and other employees in the work area from hazards created during the machine's normal operation.

Leadership Indicators

Does the entity extend any life insurance or any compensatory package in the event of death of (A) Employees = Yes
(B) Workers = Yes
Provide the measures undertaken by the entity to ensure that statutory dues have been deducted and deposited by the value chain partners.

The Company ensure that statutory dues are paid within timeline by the Company and regularly follows up with the value chain partners for the same. The Company is regular in paying the statutory dues.

Provide the number of employees / workers having suffered high consequence work- related injury / illhealth / fatalities (as reported in Q11 of Essential Indicators above), who have been are rehabilitated and placed in suitable employment or whose family members have been placed in suitable employment:

	Total no. of affected employees/ workers	Total no. of affected employees/ workers	No. of employees/workers that are rehabilitated and placed in suitable employment or whose family members have beenplaced in suitable employment	No. of employees/workers that are rehabilitated and placed in suitable employment or whose family members have beenplaced in suitable employment
	FY 2023-24	FY 2022-23	FY 2023-24	FY 2022-2023
Employees	0	0	0	0
Workers	0	0	0	0

Does the entity provide transition assistance programs to facilitate continued employability and the management of career endings resulting from retirement or termination of employment? (Yes/ No) = Yes
Details on assessment of value chain partners:

Details on assessment of value chain partners:
	% of value chain partners (by value of business done with suchpartners) that were assessed
Health and safety practices	100% of The Major value chainpartner.

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Working Conditions 100% of The Major value chain partner.

Provide details of any corrective actions taken or underway to address significant risks / concerns arising from assessments of health and safety practices and working conditions of value chain partners.

During the year under review, there were no major health and safety related risks.

PRINCIPLE 4: Businesses should respect the interests of and be responsive to all its stakeholders

Essential Indicators:

Describe the processes for identifying key stakeholder groups of the entity.

The key stakeholder group identified by the Company includes Employees, Shareholders, Regulatory Bodies & Investors, Vendors and Communities. Identifying key stakeholder groups of an entity is crucial for effective management and strategy development. It involves understanding its mission and objectives, listing potential stakeholders (both internal and external), and categorizing them based on their relationship with the entity. The process further involves regular review and update the stakeholder list and analysis as the entity evolves to ensure entity remains responsive to the changes.

List stakeholder groups identified as key for your entity and the frequency of engagement with each stakeholder group.

Stakeholder Group	Whether identified as Vulnerable & Marginalized Group (Yes/No)	Channels of communication (Email, SMS, Newspaper, Pamphlets, Advertisement, Community Meetings, Notice Board, Website), Other	Frequency of engagement (Annually/ Half yearly/ Quarterly / others – please specify)	Purpose and scope of engagement including key topics and concerns raised during such engagement
Employees	No	As needed: Email, in person meeting, calls	At regular intervals	1. Career Management and Growth Prospects 2. Learning opportunities 3. Compensation structure Flexible workinghours
Shareholders & Investors	No	As needed: Presentation, email advisories.	1. Quarterly: Financial statements in IndAS and Company's presentation on financial results	1. Understanding shareholder expectations 2. Addressing their concerns

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			2. Annual: Annual General Meeting; Annual Report
Vendors	No	As needed: calls and meetings, emails, presentations, reviews.	At regular intervals	1. Quality Management 2. Pricing of products 3. Purchase orders Supply chain management
Communities	Yes	As needed: reviews, calls and meetings, surveys	Throughout the year.	1. Sustainable ways of doing business 2. Community welfare 3. Business concerns

Leadership Indicator

Provide the processes for consultation between stakeholders and the Board on economic, environmental, and social topics or if consultation is delegated, how is feedback from such consultations provided to the Board.

The Company actively engages with its key stakeholders. A continuous engagement with the stakeholders helps the Company to meet its stakeholders' needs and expectations. The Board is kept abreast on recent developments and feedback on the same is sought from the Directors on regular basis.

Whether stakeholder consultation is used to support the identification and management of environmental, and social topics. If so, provide details of instances as to how the inputs received from stakeholders on these topics were incorporated into policies and activities of the entity.

Yes, stakeholder consultation is used to support the identification and management of environmental, and social topics.

Continuous engagement with stakeholders helps in aligning expectations, thereby enabling the Company to better serve its stakeholders. Company, as a result of such interactions, with its stakeholders, realized its various responsibility towards society. As a result of it, Company has taken various steps to fulfil its responsibility. Some of them are as follows:

a. Expanding use of CNG, Solar Energy, Electrical Vehicles and other renewable energy source;
b. Policy to increase no. of disable workers employed by 50% every year compared to previous year;
c. The Company increasingly works with vendors who have integrated facility for effluent treatment; d. Implementation of Zero liquid discharge mechanism wherever possible; etc.
Provide details of instances of engagement with, and actions taken to, address the concerns of vulnerable/ marginalized stakeholder groups.

All the CSR initiatives of the Company are undertaken for the benefit and upliftment of disadvantaged and marginalised section of the society. Kindly refer to the Corporate Social Responsibility Report given separately in Annual Report.

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PRINCIPLE 5: Businesses should respect and promote human rights

Essential Indicators

Employees and workers who have been provided training on human rights issues and policy(ies) of the entity

Category	FY 2023-24	FY 2023-24	FY 2023-24		FY 2022-23
	Total (A)	No. employees/ workers covered(B)	% (B / A)	Total (C)	No. employees/ workers covered(D)	% (D / C)
		Employees
Permanent	707	707	100	561	561	100
Other than permanent	0	0	0	0	0	0
Total Employees	707	707	100	561	561	100
		Workers
Permanent	1539	1539	100	1315	1315	100
Other than permanent	832	832	100	787	787	100
Total Employees	2371	2371	100	2102	2102	100

Details of minimum wages paid to employees and workers:


	Total (A)	Equal to Minimum Wage		More than Minimum Wage		Total (D)	Equal to Minimum Wage		More than Minimum Wage
		No. (B)	% (B/A)	No. (C)	% (C/A)		No. (E)	% (E/D)	No. (F)	% (F/D)
				Employees
Permanent
Male	653	0	0	653	100	523	54	10.33	469	89.67
Female	54	0	0	54	100	38	2	5.26	36	94.74
Other than Permanent
Male	0	0	0	0	0	0	0	0	0	0
Female	0	0	0	0	0	0	0	0	0	0
				Workers
Permanent
Male	1201	664	55	537	44.71	1032	546	52.91	486	47.09
Female	338	287	85	51	15.09	283	123	43.46	160	56.54
Other than Permanent
Male	656	639	97	17	2.59	614	614	100	0	0
Female	176	168	95	8	4.55	173	173	100	0	0

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Details of remuneration/ salary/ wages:

a. Median remuneration / wages

		Male		Female
	Number	Median remuneration/ salary/ wages of respective category	Number	Median remuneration/ salary/ wages of respective category
Board of Directors(BOD)	2	4,46,875	0	Nil
KeyManagerial Personnel	2	3,58,516	0	Nil
Employees other than BOD and KMP	653	26,062	54	35,617
Workers	1,857	13,797	514	13,797
b. Gross wagespaid to females	as % of total wagespaid bythe entity
	FY 2023-24		FY 2022-23
Gross Wagespaid to females	26.68 %		16.71 %

Do you have a focal point (Individual/ Committee) responsible for addressing human rights impacts or issues caused or contributed to by the business? =Yes
Describe the internal mechanisms in place to redress grievances related to human rights issues.

The Company is committed to providing a safe and positive work environment. The Company regards respect for human rights as one of its fundamental and core values and strives to support, protect and promote human rights to ensure that fair & ethical business and employment practices are followed. The Company is committed to providing a work environment that ensures that every employee/ worker is treated with dignity, respect and afforded equitable treatment. The Company is also committed to promoting a work environment that is conducive to the professional growth of its employees and encourages equality of opportunity. The Company strictly prohibits sexual harassment, harassment based on race, religion, national origin, ethnic origin, colour, gender, age, citizenship, veteran status marital status or a disability. The employees can raise the concern for the violation of human rights/ harassment to their reporting Manager or Senior Management.

The Company also has zero tolerance towards and prohibits all forms of slavery, coerced labour, child labour, human trafficking, violence or physical, sexual, psychological or verbal abuse.

Number of Complaints on the following made by employees and workers:

		FY 2023-24			FY 2022-23
	Filed during the year	Pending resolution at the end of year	Remarks	Filed during the year	Pending resolution at the end of year	Remarks
Sexual Harassment	0	0	NA	0	0	NA
Discrimination at workplace	0	0	NA	0	0	NA
Child Labour	0	0	NA	0	0	NA

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Forced Labour/Involuntary Labour	0	0	NA	0	0	NA
Wages	0	0	NA	0	0	NA
Other human rights related issues	0	0	NA	0	0	NA

Complaints filed under the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013

Redressal) Act, 2013
	FY 2023-24	FY 2022-23
Total complaints reported under Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act,2013(POSH)	NIL	NIL
Complaints on POSH as a % of female employees/workers	Not Applicable	Not Applicable
Complaints on POSH upheld.	Not Applicable	Not Applicable

Mechanisms to prevent adverse consequences to the complainant in discrimination and harassment cases.
a. Internal Complaints Committee is constituted as per the Sexual Harassment of Women at Workplace (Prevention, Prohibition and Redressal) Act, 2013, to receive, investigate the complaint and to provide independent judgement.
b. Whistle Blower Policy of the Company provides adequate safeguard against the whistle blower and no one is denied access to the Chairman of the Audit Committee or in exceptional cases to the Board of Directors for appropriate relief.
Do human rights requirements form part of your business agreements and contracts? = Yes
Assessments for the year:

Assessments for the year:
	% of your plants and offices that were assessed (by entity or statutory authorities or thirdparties)
Child labour	100%
Forced/involuntarylabour
Sexual harassment
Discrimination at workplace
Wages

Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 10 above.
= Not applicable

Leadership Indicators

Details of a business process being modified / introduced as a result of addressing human rights grievances/complaints.

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During the reporting period, no business processes were required to be modified or introduced for addressing human rights grievances/complaints.

Details of the scope and coverage of any Human rights due-diligence conducted.

The Company is committed to protecting and respecting Human Rights as well as remedying rights violations in case they are identified. The Company has constituted Internal Complaints Committee to receive and investigate the complaints with respect to Sexual Harassment of Women at Workplace. The Company has also framed Whistle Blower/ Vigil Mechanism Policy which provides adequate safeguard to the whistle blower and no none is denied access to the Chairman of the Audit Committee or in exceptional cases to the Board of Directors for appropriate relief. As an equal opportunity employer, we have zero tolerance towards the decimation on the basis of race, colour, religion, sex, national origin, gender identity, gender expression, sexual orientation or disability status.

Is the premise/office of the entity accessible to differently abled visitors, as per the requirements of the Rights of Persons with Disabilities Act, 2016? =Yes
Details on assessment of value chain partners

Details on assessment of value chain partners
	% of value chain partners (by value of business done with suchpartners) that were assessed
Sexual Harassment	100% major value chain partners
Discrimination at workplace
Child Labour
Forced Labour/InvoluntaryLabour
Wages

Provide details of any corrective actions taken or underway to address significant risks / concerns arising from the assessments at Question 4 above.
= Not applicable.

PRINCIPLE 6: Businesses should respect and make efforts to protect and restore the environment

Essential Indicators

Details of total energy consumption (in Joules or multiples) and energy intensity:

Parameters	FY 2023-24(MJ)	FY 2022-23(MJ)
From renewable sources
Total electricityconsumption(A)	57,89,807.94	23,50,800
Total fuel consumption(B)	0	0
Energyconsumption through other sources(C)	0	0
Total energy consumed from renewable sources(A+B+C)	57,89,807.94	23,50,800
From non-renewable sources
Total electricityconsumption(D)	5,41,79,286.4	4,63,69,198.8
Total fuel consumption(E)	13,72,94,968.5	43,14,48,149.56
Energyconsumption through other sources(F)	2,85,991.2	2,89,278

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Total energy consumed from non-renewable sources(D+E+F)	19,17,60,246.1	47,81,06,626.36
Total energy consumed(A+B+C+D+E+F)	19,23,39,226.9	48,04,57,426.4
Energy intensity per rupee of turnover(Total Energy (MJ)/Revenue from operation)	0.035	0.087
Energy intensity per rupee of Turnover adjusted for Purchasing Power Parity (PPP) (Total Energy/Revenue from operation adjusted for PPP)	NA*	NA*
Energy intensity in terms of physical output (MJ/MT)	18,718.73	54,728.97

*Not Applicable as company earns more than 90% of its revenue from exports i.e. in US $.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency =No

Does the entity have any sites / facilities identified as designated consumers (DCs) under the Performance, Achieve and Trade (PAT) Scheme of the Government of India? (Y/N) If yes, disclose whether targets set under the PAT scheme have been achieved. In case targets have not been achieved, provide the remedial action taken, if any.

=No

Provide details of the following disclosures related to water, in the following format:

Parameters	FY 2023-24	FY 2022-23
Water withdrawal by source(in kilolitres)
(i)Surface water	3,16,602	2,98,370
(ii)Groundwater	2,76,351	2,84,786
(iii)Thirdpartywater	2,962	0
(iv)Seawater/desalinated water	0	0
Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v)	5,95,915	5,83,156
Total volume of water consumption(in kilolitres)	5,95,915	5,83,156
Water intensity per rupee of turnover (Water consumed/turnover)	0.00011120969174393016	0.00010643101803821096
Water intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Water consumed /Revenue from operation adjusted for PPP)	NA*	NA*
Water intensity in terms of physical output (KL/MT)	57.9953	66.4274

*Not Applicable as company earns more than 90% of its revenue from exports i.e. in US $.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency =No

Provide the following details related to water discharged:

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Parameters	FY 2023-24	FY 2022-23
Water discharge by destination and level of treatment(in kilolitres)
(i)To Surface water
- No treatment	-	-
- With treatment – please specify the treatment	-	-
(ii)To Groundwater
- No treatment	-	-
- With treatment – please specify the treatment	2,20,090 ETP Treatment	2,28,344 ETP Treatment
(iii)To Seawater
- No treatment	-	-
- With treatment – please specify the treatment	-	-
(iv)Sent to third-parties
- No treatment	-	-
- With treatment – please specify the treatment	3,16,602 Biological Treatment	2,50,236 Biological Treatment
Total water discharged(in kilolitres)	5,36,692	4,78,580

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency =No

Has the entity implemented a mechanism for Zero Liquid Discharge? If yes, provide details of its coverage and implementation.

Yes, Recognizing the importance of water as a resource, we undertake several initiatives to optimize the consumption and reduce resultant wastewater generation through our reuse or recycle schemes. Such wastewater is further recovered and used back in process, gardening, sanitation, etc.

Please provide details of air emissions (other than GHG emissions) by the entity, in the following format:

Parameter	Please specify unit	FY 2023-24	FY 2022-23
NOx	mg/Nm3	115.71	123.23
SOx	mg/Nm3	101.45	232.54
Particulate matter(PM)	mg/Nm3	293.13	361.37
Persistent organicpollutants(POP)		-	-
Volatile organic compounds(VOC)		-	-
Hazardous airpollutants(HAP)		-	-

Provide details of greenhouse gas emissions (Scope 1 and Scope 2 emissions) & its intensity, in the following format:

following format:
Parameter	Units	FY 2023-24	FY 2022-23
Total Scope 1 emissions	MT of CO2 equivalent	-*	14,433.15
Total Scope 2 emissions	MT of CO2 equivalent	-*	9,703.41

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Total Scope 1 and Scope 2 emissions intensity per rupee of turnover (Total Scope 1 and Scope 2 GHG emissions / Revenue from operations)	MT of CO2 / per rupee of turnover.	-	0.00000440513
Total Scope 1 and Scope 2 emissions intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP) (Total Scope 1 and Scope 2 GHG emissions / Revenue from operations adjusted for PPP)		NA#	NA#
Total Scope 1 and Scope 2 emissions intensity in terms of physical output	MT of CO2 / MT pf production	-	2.74939883925

#Not Applicable as company earns more than 90% of its revenue from exports i.e. in US $.

*The figures for FY 2023-24 are under assessment.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency

= Yes, independent assessment was carried out by ENEN Green Services Private Limited for FY 2022-23.

Does the entity have any project related to reducing Green House Gas emission? If Yes, then provide details.

The Company with the aim to reduce its greenhouse gas emission, has taken various steps to reduce its dependency on emission generating energy sources and increase use of alternative/ clean energy source. The Company has installed a 2.1 MW solar power plant at its unit in West India, which enables said units to meet its ~35% of electricity needs via clean energy source and reduce their carbon footprint. Further, Company has also started to opt more sustainable equipment, by investing in lithium Ion MHE (warehouse truck & forklifts), instead of traditional equipment. All these steps has enable Company to function in sustainable and efficient manner.

Provide details related to waste management by the entity, in the following format:

Parameter	FY 2023-24	FY 2022-23
Total Wastegenerated(in metric tonnes)
Plastic waste(A)	-	-
E-waste(B)	0.454	0.39
Bio-medical waste(C)	-	-
Construction and demolition waste(D)	-	-
Batterywaste(E)	-	-
Radioactive waste(F)	-	-
Other Hazardous waste.(G)	44.17	26.62
Other Non-Hazardous waste.(H)	-	-
Total(A+B + C + D + E + F + G+H)	44.624	27.01
Waste intensity per rupee of turnover (Total wastegenerated(KG) /Revenue from operations)	0.000008328 Kg per rupee	0.0000000049 Kg per rupee
Waste intensity per rupee of turnover adjusted for Purchasing Power Parity (PPP)	NA*	NA*

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(Total waste generated / Revenue from operations adjusted for PPP)
Waste intensity in terms of physical output (Total wastegenerated in MT/Total Production in MT)	0.00434287116	0.000044425
For each category of waste generated, total waste recovered through recycling, re-using or other recovery operations(in metric tonnes)
Category of waste
(i)Recycled	0.41	0.36
(ii)Re-used	0	0.2
Total	0.41	0.56
For each category of waste generated, total waste disposed by nature of disposal method (in metric tonnes)
Category of waste
(i)Incineration	0	3.97
(ii)Landfilling	23.67	22.28
(iii)Other disposal operations	0	0.2
Total	23.67	26.45

*Not Applicable as company earns more than 90% of its revenue from exports i.e. in US $.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency =No

Briefly describe the waste management practices adopted in your establishments. Describe the strategy adopted by your company to reduce usage of hazardous and toxic chemicals in your products and processes and the practices adopted to manage such wastes.

Waste generation being an inevitable part of manufacturing process, efforts have been taken to create value from waste. With an aim to divert a significant quantum of waste from going to the landfills, the Company has adopted systems and procedures that helps repurpose used material and reintroduce excess material into the production process. The Company follows legally prescribed procedures and applies environmentally sound disposal techniques for disposing hazardous waste whereas the non–hazardous waste is sold to authorised recyclers/ government authorities/ government agents. Safety and environmental sustainability are integral parts of strong product development processes established by the Company.

If the entity has operations/offices in/around ecologically sensitive areas (such as national parks, wildlife sanctuaries, biosphere reserves, wetlands, biodiversity hotspots, forests, coastal regulation zones etc.) where environmental approvals / clearances are required, please specify details in the following format:

Sr. No.	Location of operation/ offices	Types of operations	Whether the conditions of environmental approval / clearance are being complied with? (Y/N) If no, the reasons thereof and corrective action taken, if any.
1	0	Not Applicable	Not Applicable

Details of environmental impact assessments of projects undertaken by the entity based on applicable laws, in the current financial year:

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Name and brief details of project	EIA Notification No.	Date	Whether conducted by independent external agency (Yes/ No)	Results communicated in public domain	Relevant Web link
Not Applicable

Is the entity compliant with the applicable environmental law/ regulations/ guidelines in India; such as the Water (Prevention and Control of Pollution) Act, Air (Prevention and Control of Pollution) Act, Environment protection act and rules thereunder (Y/N).
=Yes

If not, provide details of all such non-compliances, in the following format:

S. No.	Specify the law / regulation / guidelines which was not complied with	Provide details of the non- compliance	Any fines / penalties / action taken by regulatory agencies such as pollution control boards or by courts	Corrective action taken, if any
Not Applicable

Leadership Indicator

Water withdrawal, consumption and discharge in areas of water stress (in kilolitres):

(i) Name of the area	N.A.
(ii) Nature of operations	N.A.
(iii) Water withdrawal, consumption and discharge
Parameter	FY 2023-24	FY 2022-23

(i)Surface water	-	-
(ii)Groundwater	-	-
(iii)Thirdpartywater	-	-
(iv)Seawater/desalinated water	-	-
Total volume of water withdrawal (in kilolitres) (i + ii + iii + iv + v)	-	-
Total volume of water consumption (in kilolitres)	-	-
Water intensity per rupee of turnover(Water consumed/turnover)	-	-
Water discharge by destination and level of treatment(in kilolitres)
(i)To Surface water
- No treatment	-	-
- With treatment –please specifythe treatment	-	-
(ii)To Groundwater
- No treatment	-	--
- With treatment –please specifythe treatment	-
(iii)To Seawater
- No treatment	-	-
- With treatment –please specifythe treatment	-	-
(iv)Sent to third-parties
- No treatment	-	-

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- With treatment –please specifythe treatment	-	-
Total water discharged(in kilolitres)	-	-

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency =N.A.

Please provide details of total Scope 3 emissions & its intensity, in the following format:

Parameter	Units	FY 2023-24	FY 2022-23
Total Scope 3 emissions	Metric tonnes of CO2 equivalent	-*	165365.33
Total Scope 3 emissions per rupee of turnover		-*	0.0000301806

*The figures for FY 2023-24 are under assessment.

Note: Indicate if any independent assessment/ evaluation/assurance has been carried out by an external agency? (Y/N) If yes, name of the external agency

=Yes, independent assessment was carried out by ENEN Green Services Private Limited for FY 2022-23.

With respect to the ecologically sensitive areas reported at Question 11 of Essential Indicators above, provide details of significant direct & indirect impact of the entity on biodiversity in such areas along-with prevention and remediation activities.
=Not Applicable
If the entity has undertaken any specific initiatives or used innovative technology or solutions to improve resource efficiency, or reduce impact due to emissions / effluent discharge / waste generated, please provide details of the same as well as outcome of such initiatives, as per the following format:

Kindly refer Annexure III (Report on conservation of energy, technology absorption) of the Directors' Report forming part of the Annual Report.

Does the entity have a business continuity and disaster management plan? Give details in 100 words/ web link.
All probable hazards, their place, potential, damaging capacity and areas in case of all accidents, dangerous occurrence, emergencies and disasters happening in or affecting the jurisdiction at any time detailed emergency response for each hazard scenario.
Emergency response team on site consisting of site main controller, incident controller, firefighting team, first aiders, communications team, power and utility teams
Responsibilities and functions of key member's emergency response team and alternates.
Emergency control center and minimum infrastructure required in emergency control center.
List of Regulatory agencies with names and telephone Numbers.
List of Telephone numbers of Local Hospitals and telephone numbers.
Disclose any significant adverse impact to the environment, arising from the value chain of the entity. What mitigation or adaptation measures have been taken by the entity in this regard.

During year, there was no significant adverse impact to the environment arising from the value chain of the entity.

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Percentage of value chain partners (by value of business done with such partners) that were assessed for environmental impacts.
= 100% of Major value chain partner.

PRINCIPLE 7: Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent

Essential Indicators

a. Number of affiliations with trade and industry chambers/ associations. = 07 (Seven)
b. List the top 10 trade and industry chambers/ associations (determined based on the total members of such body) the entity is a member of/ affiliated to.

Sr. No.	Name of the trade and industry chambers/ associations	Reach of trade and industry chambers/ associations (State/National)
1	Cotton Textiles Export Promotion Council	National
2	Synthetic & Rayon Textiles Export Promotion Council(SRTEPC)	National
3	Handloom Export Promotion Council	National
4	Carpet Export Promotion Council	National
5	Textiles Committee,Ministryof Textiles Government of India	National
6	ASMECHEM – Chamber of Commerce and Industryof India	National
7	Coir Board	National

Provide details of corrective action taken or underway on any issues related to anti- competitive conduct by the entity, based on adverse orders from regulatory = Not Applicable

Leadership Indicator

Details of public policy positions advocated by the entity: = Not applicable.

PRINCIPLE 8: Businesses should promote inclusive growth and equitable development

Essential Indicators

Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable laws, in the current financial year.

Name and brief details of project	SIA Notification No.	Date of notification	Whether conducted by independent external agency (Yes/ No)	Results communicated in public domain	Relevant Web link
Not Applicable

Provide information on project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being undertaken by your entity, in the following format:

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Sr. No.	Name of Project for which R&R is ongoing	State	District	No. of Project Affected Families (PAFs)	% of PAFs covered by R&R	Amounts paid to PAFs in the FY (In INR)
Not Applicable

Describe the mechanisms to receive and redress grievances of the community
The Company has deployed its factory employees who regularly visit the communities and interact with people to ascertain and address community concerns, if any. Based on these interactions, we have not encountered any specific grievances from the community at present.
Percentage of input material (inputs to total inputs by value) sourced from suppliers:

	FY 2023-24	FY 2022-23
Directlysourced from MSMEs/smallproducers	16.28%	5.9%
Directlyfrom within India.	99%	99%

Job creation in smaller towns – Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent / on contract basis) in the following locations, as % of total wage cost

wage cost
Location*	FY 2023-24	FY 2022-23
Rural	37.46%	29.41%
Semi-urban	19.33%	27.71%
Urban	16.05%	18.79%
Metropolitan	27.15%	24.09%

*Place are categorized as per RBI Classification System - rural / semi-urban / urban / metropolitan.

Leadership Indicator

Provide details of actions taken to mitigate any negative social impacts identified in the Social Impact Assessments (Reference: Question 1 of Essential Indicators above): = Not applicable
Provide the following information on CS projects undertaken by your entity in designated aspirational districts as identified by government bodies:

districts as	identified by government bodies:
Sr. No.	State	Aspirational District	Amount spent(in INR)
-	-	-	-

*Company has made CSR contribution of Rs 1,33,50,000/- to (i) Kalawati Devi Memorial Charitable Trust; and (ii) Omkar Andh-Apang Samajik Sanstha.

(a) Do you have a preferential procurement policy where you give preference to purchase from suppliers comprising marginalized /vulnerable groups?
=Yes, the Company, with aim to empower marginalized /vulnerable groups, works with communities residing in the surrounding area of the factory and small producers based on quality, operational efficiency and design capability of the vendors. The Company delegate various handmade work to local household women, enabling them to earn from their house.

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(b) From which marginalized /vulnerable groups do you procure?

= Widows/ Women Workers/ Tribal Community.

= The constant efforts are made to engage the rural and household women.

Details of the benefits derived and shared from the intellectual properties owned or acquired by your entity (in the current financial year), based on traditional knowledge: = Not applicable
Details of corrective actions taken or underway, based on any adverse order in intellectual property related disputes wherein usage of traditional knowledge is involved. = Not applicable
Details of beneficiaries of CSR Projects:

Sr. No.	CSR Project	No. of persons benefitted from CSR Projects	% of beneficiaries from vulnerable and marginalizedgroups
-	-	-	100%*

*Company has made CSR contribution to (i) Kalawati Devi Memorial Charitable Trust and (ii) Omkar AndhApang Samajik Sanstha. Through this contribution company was able to address and play its part in

Women Empowerment,
Medical and Educational support to needed children,
Hospital project (for blind, handicapped, deaf, dialysis, kidney patients, heart disease patients, HIV patients, homosexual and people below poverty line)

PRINCIPLE 9: Businesses should engage with and provide value to their consumers in a responsible manner

Essential Indicators

Describe the mechanisms in place to receive and respond to consumer complaints and feedback.

The Company has business–to–business (B2B) model. The Company sell its products to vendors which ultimately sell the products to the end consumers. The Company has in place a mechanism for each consumer, where they can raise complaint and provide feedback to the Merchandiser.

Turnover of products and/ services as a percentage of turnover from all products/service that carry information about:

Turnover of products and/ services as a percentage of turnover from information about:	all products/service that carry
	As % to total turnover
Environmental and socialparametersproduct relevant to theproduct	100
Safe and responsible usage	100
Recyclingand/or safe disposal	100

Number of consumer complaints in respect of the following:

	FY 2023-24	FY 2023-24	FY 2022-23	FY 2022-23
	Received during theyear	Pending resolution at end ofyear	Received during the year	Pending resolution at end ofyear
Dataprivacy	NIL		NIL
Advertising
Cyber-security

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Delivery of essential services Restrictive Trade Practices Unfair Trade Practices

Details of instances of product recalls on account of safety issues:

	Number	Reasons for recall
Voluntaryrecalls	Nil	NA
Forced recalls	Nil	NA

Does the entity have a framework/ policy on cyber security and risks related to data privacy? (Yes/No) If available, provide a web-link of the policy.

Yes, the Company has Cyber Security Policy and same can be accessed on the website of the Company at https://www. fazethree.com/policies/.

Provide details of any corrective actions taken or underway on issues relating to advertising, and delivery of essential services; cyber security and data privacy of customers; re-occurrence of instances of product recalls; penalty / action taken by regulatory authorities on safety of products / services. = Not applicable
Provide the following information related to data breaches:
a. Number of instances of data breaches = Nil.
b. Percentage of data breaches involving personally identifiable information of customers = 0%. c. Impact, if any, of the data breaches = Not Applicable.

Leadership Indicators

Channels/ platforms where information on products and services of the entity can be accessed (provide web link, if available).

Information relating to all the products provided by the Company are available on the Company's website at https://www. fazethree.com/

Steps taken to inform and educate consumers about safe and responsible usage of products and/or services.

Labels on safe and responsible usage are printed on the products along with product guide, if applicable as well as various initiatives are undertaken by the retailer to educate the ultimate customer.

Mechanisms in place to inform consumers of any risk of disruption/discontinuation of essential services. = Not applicable
Does the entity display product information on the product over and above what is mandated as per local laws? (Yes/No/Not Applicable) If yes, provide details in brief. = No

Did your entity carry out any survey with regard to consumer satisfaction relating to the major products / services of the entity, significant locations of operation of the entity or the entity as a whole? (Yes/No) = Not applicable since the Company operates through business–to–business (B2B) model.

AI assistant

Faze Three Ltd. — Environmental & Social Information 2024

62686_rns_2024-09-05_d7103d34-252e-484e-baa3-1641ea2fdc9f.pdf

September 05, 2024

Dear Sir/Ma’am,

For Faze Three Limited

Encl: a/a

BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT FOR FY 2023-24

SECTION A: GENERAL DISCLOSURES

I. Details of the listed entity

II. Products/Services

14. Details of business activities (accounting for 90% of the turnover)

15. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover)

III. Operations

16. Number of locations where plants and /or operations/offices of the entity are situated

17. Markets served by the entity

IV. Employees

18. Details as at the end of Financial Year:

a. Employees and Workers (including differently abled):

b. Differently abled Employees & Workers:

19. Participation/ Inclusion/ Representation of women

20. Turnover rate for permanent employees and workers

V. Holding, Subsidiary and Association Companies (including joint ventures)

21. Name of the holding/ subsidiary/ associate companies/ joint ventures.

VI. CSR Details

VII. Transparency and Disclosure Compliances

SECTION B: MANAGEMENT AND PROCESS DISCLOSURES

10. Details of Review of NGRBCs by the Company:

PRINCIPLE 1: Businesses should conduct and govern themselves with integrity, and in a manner that is Ethical, Transparent and Accountable.

Essential Indicators

Not Applicable.

9. Open-ness of business:

Leadership Indicators

PRINCIPLE 2: Businesses should provide goods and services in a manner that is sustainable and safe

Essential Indicators

Leadership Indicators

- PRINCIPLE 3: Businesses should respect and promote the well being of all employees, including those in their value chains.

Essential Indictors

13. Number of Complaints on the following made by employees and workers:

Leadership Indicators

PRINCIPLE 4: Businesses should respect the interests of and be responsive to all its stakeholders

Essential Indicators:

Leadership Indicator

PRINCIPLE 5: Businesses should respect and promote human rights

Essential Indicators

Leadership Indicators

PRINCIPLE 6: Businesses should respect and make efforts to protect and restore the environment

Essential Indicators

Leadership Indicator

PRINCIPLE 7: Businesses, when engaging in influencing public and regulatory policy, should do so in a manner that is responsible and transparent

Essential Indicators

Leadership Indicator

PRINCIPLE 8: Businesses should promote inclusive growth and equitable development

Essential Indicators

Leadership Indicator

Essential Indicators

Leadership Indicators

More from Faze Three Ltd.

Faze Three Ltd. Environmental & Social Information 2024