HUMAN RIGHTS POLICY
Adopted by the Board of Directors of FinOne Industries India Private Limited on May 01 2023 (a venture of FINONE GROUP)
Regd. Office:
Plot No 3, Sy. No. 34/7, Kh No 195, Basavanapura, Bangalore - 560083, Karnataka (India)
U29100KA2023PTC173092
fiil@finoneindustries.com
www.finoneindustries.com
Table of Contents
INTRODUCTION
APPLICABILITY & SCOPE
COMMITTING TO THE HUMAN RIGHTS POLICY
IMPLEMENTING THE HUMAN RIGHTS POLICY
HUMAN RIGHTS MITIGATION & REMEDIATION
1. INTRODUCTION
1.1 Commitment to Human Rights
FinOne Industries India Private Limited (FinOne Industries) is committed to respecting and promoting internationally recognized human rights. The prevention of human rights violations is a fundamental part of our values. This policy applies to all employees, contractors, subsidiaries, and affiliates of FinOne Industries.
1.2 Human Rights Framework
FinOne Industries subscribes to the principle that every human being has the right to be treated with dignity, fairness, and respect. We respect the fundamental freedoms and human rights of our employees and the communities in which we operate.
1.3 Guiding Principles
Our Human Rights Policy is grounded in the following international conventions and declarations:
The Universal Declaration of Human Rights
The United Nations Guiding Principles on Business and Human Rights
The International Labour Organization Declaration on Fundamental Principles and Rights at Work
The OECD Guidelines for Multinational Enterprises
The Ten Principles of the UN Global Compact
2. APPLICABILITY & SCOPE
This policy applies to all entities, subsidiaries, and operations of FinOne Industries. It outlines our corporate responsibility regarding human rights for employees, contractors, business partners, and the wider community. All FinOne employees and contractors are expected to comply with this policy and any local legislation related to human rights that may apply to them.
3. COMMITTING TO THE HUMAN RIGHTS POLICY
3.1 No Child Labour
FinOne Industries prohibits all forms of child labour in compliance with international labour standards. We adhere to the legal minimum employment age requirements and do not engage in or tolerate child labour under any circumstances.
3.2 No Forced Labour or Human Trafficking
We do not tolerate any form of forced, bonded, or compulsory labour, nor any form of human trafficking. Employment is based on voluntary participation, and employees are free to terminate their employment under the terms of their contracts.
3.3 Freedom of Expression and Association
FinOne Industries recognizes and respects the right of employees to freely express their views and associate with labor unions or other groups for the protection of their interests, in accordance with applicable local laws.
3.4 No Discrimination or Harassment
We ensure that our workplace is free from discrimination and harassment based on race, nationality, language, age, gender, religion, political beliefs, sexual orientation, or disability. Every employee is treated equally with respect and dignity.
3.5 Equal Opportunity Employer
FinOne is committed to a policy of equal employment opportunities. We prohibit discrimination in hiring, promotion, or compensation based on gender, race, religion, disability, or other protected characteristics.
3.6 Health and Safety
We prioritize the health and safety of all employees, ensuring compliance with applicable laws and providing a safe working environment.
3.7 Fair Working Conditions
We ensure fair working hours, wages, and benefits as per applicable local laws. Our compensation packages, including overtime pay, are in compliance with all legal requirements.
3.8 Equal Training Opportunities
We are committed to offering training and development opportunities to our employees, ensuring equal access to professional growth.
3.9 Data Protection
We maintain high standards of data protection in compliance with applicable privacy laws and respect individuals' rights regarding the use of their personal data.
3.10 Environmental Responsibility
We are committed to minimizing our environmental impact and support sustainable practices in line with international environmental standards.
4. IMPLEMENTING THE HUMAN RIGHTS POLICY
FinOne Industries integrates human rights due diligence into its risk management processes. We continually assess and mitigate potential human rights risks across all operations. Our suppliers, contractors, and partners are expected to uphold similar principles.
5. HUMAN RIGHTS MITIGATION & REMEDIATION
We have established grievance mechanisms that allow employees and affected stakeholders to report any human rights violations. We are committed to addressing concerns swiftly and effectively.
We ensure that our human rights commitments are reported as part of our corporate responsibility and sustainability reports.
This policy will be reviewed periodically to ensure it remains relevant and effective in safeguarding human rights across all FinOne Industries operations.