Friday, 16 Dec 2011
Sesa Goa Limited has been certified to the stringent standards of Social Accountability 8000. This is a unique achievement as this is the first time that an iron ore company has been given the certification internationally.
Bureau Veritas, the international certifying agency for the Social Accountability 8000 Standard, has certified the 4 major divisions of Sesa Goa Ltd, which are
Iron Ore Division - All Mines: Exploration, Mining, Processing, Blending & Dispatch of Iron Ore
Pig Iron Division - Manufacture of Pir Iron
Met-Coke Division - Manufacturing of Metallurgical Coke
Ship Building Division - Design, Construction & Repair of Self Propelled & Dumb floating crafts/vessels of steel construction
The certifications issued on November 23rd 2011 for a period of 3 years have been given for complying with the best management practices in the work place, especially in the areas of understanding of global issues and social impact in the workplace. The parameters of the Standard include practices regarding child labour and the young worker, forced labour, health & safety, discrimination, remuneration, working hours etc.
(Sourced from Equity Bulls)
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