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At Luthra we are not just concerned about doing business, but also on how we
manage our business processes to create a positive impact on society. The
group strives for excellence in our corporate governance practices.
We continually evaluate our processes and implement procedures designed to
maintain strong and ethical governance and operation standards. In doing so
,we strive to manage the group according to the highest principles of
responsibility and integrity.
We, the Luthra group of companies, have reviewed the way we conduct business
in the light of structural changes in the social and economic systems,
within which we and other companies operate, the rapid internationalization
of business and corporate social responsibility.
Accordingly, we have determined and articulated the following principles as
our Corporate Ethics Policy, to ensure that the group companies will
continue to earn the public trust as companies of benefit to society and
thereby continue to prosper.
1.
Striving for Products and Services of the Best Quality
We will strive to provide our customers with satisfying products and
services of the highest quality.
2.
Respect for Relationship with Customers
We will respect our relationships with our customers, including investors,
customers, consumers, vendors, suppliers, local communities and employees,
and will strive to maintain relationships that are both appropriate and
friendly.
3. Fair,
Transparent and Free Competition
We will engage in fair, transparent and free competition in the market and
will maintain sound and appropriate business relationships with our
competitors.
4.
Positive Approach to Safety and Environmental Matters
Based upon our understanding that addressing safety and environmental issues
is critical to our corporate existence and activities, we will make safety
our goal and strive actively to protect the environment. |