At Bloomchemag, we are committed to creating the sustainable value for all our stakeholders. We apply innovative practices to provide the best solutions to our customers, invest in development of our partners and employees, and apply eco-efficient business practices. Our team works to meet our responsibility towards our customers by always revisiting our standards in performance, ease of utilization, design, and by continuously launching advanced new products. We strive to offer the industry’s most comprehensive product portfolio to our customers.
Our CSR policy is governed by the principles of care and share of all the stakeholders that contribute directly or indirectly to the organisation. Bloomchemag has appointed a board for CSR in accordance with the minimum corporate governance requirements. This board works closely with the following principles:
- Respect for all stakeholders viz. employees and their families, vendors, common staff providing various services, community around the workplace.
- Ensuring best ethics at workplace
- Transparency in dealing with all stakeholders
- Promptness and timeliness in flow of information
- Efforts to maintain relation with all stakeholders
- Care for the environment in very business and manufacturing process
As part of our annual budgets, we allocate a certain percentage of the net profit towards meeting our CSR objective set for the year. The CSR objectives are set in the beginning of each financial year by the CSR committee, which regularly oversees the progress as well. Based on the objectives set, the committee does midcourse corrections and ensure that final objectives are achieved.