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   CORPORATE SOCIAL RESPONSIBILITY

CSR Statement

Our pursuit of providing the Pure solutions with commitment on Coolant Circulation Loop has reinforced our belief that conducting business in a Responsible and Sustainable manner ensures lasting rewards which are equally enriching. We look at metalworking world larger than our present sphere, we see our role stretching beyond and we are committed to strive towards most effective utilisation of resources. We shall work alongside our customers and our global partners in implementing serious Corporate Social Commitment.

CORPORATE SOCIAL RESPONSIBILITY

Sovereign Tech is committed to developing its business towards ecological, social and economic sustainability. The ultimate objective is to see that each business decision takes into account its social impact and accordingly plans an intervention to mitigate the impacts arising out of that decision.

We firmly believe that Employees Development has seminal positive impact on their family alongside company.  Hence deliberate measures are taken to conduct Personality Development Programs in addition to deputing our member for residential training course including the ones conducted by our overseas Collaborator.  Parallel to this, our Senior Executives volunteer themselves as Guest Lectures at Professional Forums to help spread our Novel, Responsible and equally Sustainable Concept.  

Charity begins at Home, and at SovereignTech, we have taken a conscious decision to provide employment to Physically Challenged and Uneducated.  We strive to train and upgrade them to be responsible self sufficient members of the society. 5% of our employees are virtually handicapped.  We further provide Medical Support to our needy employees. 

As a responsible corporate house, at SovereignTech, each of the Confirmed Employee is insured for Life in addition to Personal accident and Travel. As policy stemming out of reciprocal obligation, part of the companies profits are donated to Orphanage & Homes of Destitute, Educational Institutions and Home for Aged & Disabled in addition to Cancer Hospital & Research.

Commitment to Ecology seems natural and obvious to us.  Apart from enjoyable indulgence in Horticulture in an Eco friendly manner in and round our establishments, we at SovereignTech have undertaken voluntary program of planting 1000 Neem saplings around our Industrial Area.  As we all know, Neem is the best known air purifier and is fondly remembered at every convention on Global Warming. In addition, we do support parallel Tree Plantation and Horticultural activities undertaken by civic bodies and our neighbours.

Consciously every product that we manufacture and the services that we render to our customers, strive towards Resource including Energy Efficiency, Zero Discharge and Zero Pollution. Committed to Corporate Governance, we ensure timely payment of all applicable taxes and levies to Statutory bodies, and further timely payments to Vendors, Collaborators, Financial Institutions in addition to our employees and Share Holders.

Perhaps this is one of the reasons why SovereignTech has earned the prestigious ‘AAA’ rating from the Bankers, Bank of India, which further speaks about the healthy and transparent system, process and performance that we pursue.