As we have reached a level of maturity in our responsible stewardship, we are engaging with key stakeholders to align our sustainability strategy and approach with theirs. We have built strong relationships and improved our understanding of the externalities and trends that could affect us in the future by engaging with our stakeholders, conducting Life Cycle Assessments of our products, and sharing information with peers.
We seek to better understand the material issues that affect our stakeholders, which is why we are constantly working to improve our engagement processes. It is by engaging with our stakeholders that we can help them while creating and sharing value.
Our stakeholder groups include:
- Aditya Birla Group
- Nongovernmental organizations (NGOs), civil society, academics
- Regulators and government
- International Carbon Black Association (ICBA)
- Banks and lenders
We have identified a sub-group of stakeholders that have the greatest impact on our business. Our engagement with this group is important for our success and we are shaping our strategy based on what is material to them.