Akzo Nobel India : Business Responsibility & Sustainability Report (BRSR)

Akzo Nobel India Limited

07 July 2022

Department of Corporate Services

BSE Limited

1st floor, New Trading Ring

Rotunda Building, P J Towers

Dalal Street, Fort

Mumbai - 400 001

Scrip Code: 500710

The Listing Department
National Stock Exchange of India Ltd.
Exchange Plaza, 5th floor,	·•

Bandra-Kurla Complex

Sandra (E)

Mumbai - 400051

Symbol: AKZOINDIA

Sub: Business Responsibility and Sustainability Report for the financial year 2021-22

Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations. 2015, please find enclosed the Business Responsibility and Sustainability Report for the financial year 2021-22.

This is for your information and record.

Thanking you,

Yours faithfully

for Akzo Nobel India Limited

Har��gi

Company Secretary

Membership#A13642

Encl: as above

Magnum Towers, 9th Floor

Golf Course Extension Road, Sector-58 Gurugram - 122 011

Haryana, India

T [phone] www.akzonobel.co.in

Reg11tored Offlco GeotanJah Apartmenl, 111 Floor, 8 8, M1ddlolon S11001, Kclkata • 700 071 CIN L24292W81954F'LC021516

Business Responsibility and Sustainability Report (BRSR)

(In terms of Regulation 34(2)(f) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015)

This BRS Report follows the National Voluntary Guidelines on social, environmental and economic responsibilities of business, as notified by the Ministry of Corporate Affairs, Government of India, which laid down the following principles:

Principle #		Description
P1		Businesses should conduct and govern
		themselves with Integrity, and in a manner that
		is Ethical, Transparent and Accountable with
		Ethics, Transparency and Accountable
P2		Businesses should provide goods and services
		in a manner that is sustainable and safe
P3		Businesses should respect and promote the
		well-being of all employees, including those in
		their value chains
P4		Businesses should respect the interests of and
		be responsive to all its stakeholders
P5		Businesses should respect and promote human
		rights
P6		Businesses should respect and make efforts to
		protect and restore the environment
P7		Businesses, when engaging in influencing public
		and regulatory policy, should do so in a manner
		that is responsible and transparent
P8		Businesses should promote inclusive growth and
		equitable development
P9		Businesses should engage with and provide
		value to their consumers in a responsible manner

SECTION A: GENERAL DISCLOSURES

1. Details of the Listed Entity

1. Corporate Identity Number (CIN) of the Listed Entity: L24292WB1954PLC021516
2. Name of the Listed Entity: Akzo Nobel India Limited
3. Year of Incorporation: 1954
4. Registered Office address: Geetanjali Apartment, 1st Floor, 8-B, Middleton Street, Kolkata 700 071
5. Corporate Office address: 9th Floor, Magnum Towers 1, Sector 58, Gurgaon 122 011
6. E-mailid : [e-mail]
7. Telephone: [phone]

1. Website : www.akzonobel.co.in
2. Financial year for which reporting is being done: April 2021 - March 2022
3. Name of the Stock Exchange(s) where shares are listed: BSE Limited and National Stock Exchange of India Limited
4. Paid-upCapital: H 455.4 million
5. Name and contact details (telephone, email address) of the person who may be contacted in case of any queries on the BRSR report:

Name	Harshi Rastogi
Telephone number	0124-4852400
Email	[e-mail]

13. 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 a consolidated basis.

II. Products/Services

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

S.	Description	Description		% of
No.	of Main	of Business		Turnover of
	Activity	Activity		the entity
1	Manufacturing	Manufacturing and	100%
			supply of Paints,
			varnishes, enamels
			or lacquers

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

S.	Product/Service	NIC Code		% of total
No.						Turnover
						contributed
1	Paints, varnishes,	20221	100%
	enamels or lacquers

54	Statutory Reports I Annual Report 2021-22

Overview		Statutory Reports		Financial Statements

III.	Operations
16.	Number of locations where plants and/or operations/offices of the entity are situated:
	Location	Number of plants		Number of offices		Number of Depots/		Total
									Sales locations
	National		5		4		33		42
	International		-		2		2		4
17.	Markets served by the entity:
a.	Number of locations
	Locations					Number
	National (No. of States)		24
	International (No. of Countries)					4 (Bhutan, Nepal, Bangladesh, Sri Lanka)

1. What is the contribution of exports as a percentage of the total turnover of the entity? Exports contribute 5.5% of the total turnover of the entity.
2. A brief on types of customers
   We serve broadly 3 categories of consumers as below-
   Home Owners: We offer a wide variety of essential products for every situation and surface, including paints, lacquers and varnishes.
   Institutions /Builders: Dulux professional range of products serve the builder segment & other institutional decorative paint users. Industrial Users:
3. • Automotive and Specialty Coatings: Automotive OEM Coatings, Consumer Electronics Coatings, Vehicle Refinishes
   • Industrial Coatings: Coil and Extrusion Coatings, Packaging Coatings, and Wood Finishes and Adhesives
   • Marine and Protective Coatings: Anti-corrosive protection, fouling control technologies, passive fire protection and aesthetic solutions
   • Powder Coatings : Sustainable option for protecting a wide variety of metal surfaces

IV. Employees

18. Details as at the end of the Financial Year Employees and workers (including differently abled)

			Male		Female		Total*
No. of Employees	1,050	133	1,183
	Permanent	1,050	133	1183
	Others	-	-	-
	No. of Workers	487	10	497
	Permanent	284	0	284
	Others	203	10	213
	Total	1,537	143	1,680
	Permanent	1,334	133	1467
	Others	203	10	213
*Including 3 differently abled male permanent employees
19. Participation/Inclusion/Representation of women
					No. and percentage of Females
			Total (A)		No. (B)		% (B / A)
	Board of Directors	6	1	17%
	Key Management Personnel	3	1	33%

Akzo Nobel India Limited 55

20. Turnover rate for permanent employees and workers
				2021-22					2020-21
			Male		Female		Total		Male		Female		Total
	Permanent Employees		11%		13%		11%		25%		19%		24%
	Workers		2%		-		2%		12%		-		12%

For details refer Human Resources and Risk & Opportunities Section under Management Discussion and Analysis

1. Holding, Subsidiary and Associate Companies (including joint ventures)

21. (a) Names of holding subsidiary / associate companies / joint ventures

	Name of the holding /	Indicate whether
	subsidiary / associate	holding/ Subsidiary/
S.	companies / joint	Associate/ Joint
No.	ventures (A)	Venture		% of shares held by listed entity
1		Akzo Nobel N.V.,		Ultimate Holding		74.76% through its wholly owned
	Netherlands	Company	subsidiaries Imperial Chemical
					Industries Limited, United Kingdom
					and Akzo Nobel Coatings International
					B.V., Netherlands
2	ICI Research &	Subsidiary Company	25% voting rights, effective control
	Technology Centre		is exercised through voting rights of
	(company limited by		related parties.
	guarantee)

Does the entity

indicated at column A, participate in the Business Responsibility initiatives of the listed entity? (Yes/No)

Yes

Yes

VI. CSR Details

22. (i)	Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes
(ii)	Turnover (in H m)	31,486
(iii)	Net worth (in H m)	12,588

VII. Transparency and Disclosures Compliances

23. 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

Communities

Investors (other than shareholders)Shareholders

Employees and workers

FY 2021-22

FY 2020-21

Current Financial Year

Current Financial Year

No.of

No.of

Grievance Redressal

complaints

complaints

Mechanism in Place (Yes/

No. of

pending

No. of

pending

No) (If Yes, then provide

complaints

resolution

complaints

resolution

web-link for grievance

filed during

at close of

filed during

at close of

redress policy)

the year

the year

Remarks

the year

the year

Remarks

Email: customercare.india@

akzonobel.com

Helpline: 1800 3000 4455;

Through local NGO partners

Email: investor.india@

-

-

-

-

-

-

akzonobel.com

SEBI, Stock

10

-

-

9

-

Exchange,Registrar and

Share Transfer Agent,

Email: investor.india@

akzonobel.com

Speak up (Vigil Mechanism)

7

4

-

4

3

[Only cases resolved through

speak up route]

56	Statutory Reports I Annual Report 2021-22

Overview		Statutory Reports		Financial Statements

FY 2021-22

FY 2020-21

Current Financial Year

Current Financial Year

No.of

No.of

Stakeholder

Grievance Redressal

complaints

complaints

group from

Mechanism in Place (Yes/

No. of

pending

No. of

pending

whom

No) (If Yes, then provide

complaints

resolution

complaints

resolution

complaint is

web-link for grievance

filed during

at close of

filed during

at close of

received

redress policy)

the year

the year

Remarks

the year

the year

Remarks

Customers

Email: customercare.india@

1,822

194

-

1,971

209

-

akzonobel.com

Helpline: 1800 3000 4455

Value Chain

Email: customercare.india@

-

-

-

-

-

-

Partners

akzonobel.com

Helpline: 1800 3000 4455

24. Overview of the entity's material responsible business conduct issues

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.

Please refer Risks & Concerns in the Management Discussion and Analysis section.

Akzo Nobel India Limited 57