Corporate Social Responsibility (CSR)
Corporate Social Responsibility is, in its most ideal and humanitarian definition, a built-in and self-regulating mechanism that ensures active compliance with the spirit of law, ethical standards, and international norms and works for a positive impact on the environment and the stakeholders, including consumers, employees and communities affected by the activities of the business.
If a business venture cannot make a tangible positive impact through direct actions, it can support or sponsor social initiatives that benefit the stakeholders, the environment and/or the whole world. ‘CSR Fund’ denotes a fund, generally a percentage of the turnover, set aside by corporate bodies to meet their social responsibility needs. Classic Fashion engages both in direct action and in supporting others working for similar objectives.
The policy of the Company in environmental matters consists of conserving natural resources for the future requirements of our planet, saving energy as far as possible, managing wastes that are by-products of the production process, recycling wastes, especially water, and reducing pollution of the atmosphere and the environment to the minimum possible.
“Klim Sourcing Limited” is dedicated to the quality policy that will ensure that its products and services shall fully meet the requirements of its customers at all times. The goal of the company is to achieve the highest level of customer satisfaction at all times and to continually strive for improvement. According to this policy, the Company identifies and conforms to the needs of the customers and takes immediate necessary action to eliminate or correct the cause for errors as and when identified. ‘Flawless perfection and consistency in quality’ is the motto of the Company.
Some of the various CSR projects completed at Standard include: ◈ Brand new mosquito nets are provided to employees to protect employees from harmful disease like Malaria and Dengue.
◈ We help the community by providing free manufacturing skill training around various parts of the nation.
◈ Providing financial services to the community.
◈ Educational loans and medical loans are provided to the community.
◈ Providing poor villages with warm clothing during the winter.