Page 353 - CA Final Audit Titanium Full Book. (With Cover Pages)

CA Ravi Taori
- Educate consumers about their rights.
- Sustainable Practices:
- Implement sustainable consumption, reduce, reuse, and recycle.

Principle 3 – Promote well-being of all employees: Address dignity, health, well-being of employees.
- Legal Compliance and Respect:
- Ensure regulatory compliance for employees.
- Respect employee dignity and freedom of associations.
- Safety and Well-being:
- Prevent child and involuntary labour.
- Maintain work-life balance.
- Ensure timely wage payments.
- Living Standards and Development:
- Wages should meet living standards.
- Create a safe, hygienic work environment.
- Focus on skill and career development.
- Ensure a harassment-free workplace.

Principle 4 - Respect for stakeholders’ interests and responsiveness: Engage with stakeholders
transparently.
- Transparent Communication and Inclusion:
- Transparently communicate impacts to stakeholders.
- Determine operational context and identify stakeholders.
- Equitable Sharing:
- Share benefits equitably with stakeholders.

Principle 5 - Respect and promote human rights: Address human rights in business operations.
- Legal Understanding and Integration:
- Understand human rights from various legal perspectives.
- Integrate human rights into policies.
- Rights of Stakeholders:
- Respect rights of all stakeholders and groups.

Principle 6 – Protection and restoration of Environment: Emphasize environmental responsibility.
- Holistic Impact and Resource Optimization:
- Address environmental impacts holistically.
- Optimize use of natural resources.
- Performance Monitoring and Best Practices:
- Monitor performance against environmental metrics.
- Compare activities with best industry practices.
- Climate Change and Performance Improvement:
- Contribute to climate change resilience.
- Improve environmental performance.

Principle 7 – Influence on Public and Regulatory Policy: Influence policy within a governing
framework.
- Policy Contribution and Advocacy:
- Contribute holistically to policy formulation.
- Utilize collective associations for policy advocacy.

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