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At Foresight, we believe in creating long-term value through everything we do.

Be it financial, social, human or reputation capital, everything we create must stand the test of time.

Our actions are aligned to our Founding Chairman’s directive to celebrate our centenary in 2084 by maintaining good financial health and excellent reputation, while keeping the business socially relevant.

Our investment decisions are therefore guided not only by the financial analysis, but by a range of factors that directly or indirectly contribute to the United Nations’ Sustainable Development Goals.

We primarily focus on United Nations’ Sustainable Development Goals (SDGs) 3, 5, 6, 8, 12, 13, 14 and 16

Considering the nature of our business, we have in place stringent measures to control operations. It helps us avoid any damage to biodiversity, reduce environmental impact and run efficient waste management practices.

We follow a sustainable development policy that involves environmental risk analysis and identifying opportunities to reduce unplanned spills, emissions, and impacts on landfills and water.

To promote the use of renewable energy, we have taken up the challenge of building the CNG value chain business through a fleet of Gas Carriers and a smart port in Bhavnagar (Gujarat, India). The business will ensure an uninterrupted supply of clean energy and help us build a sustainable future.

We are working on reducing waste and reusing resources across our businesses and supply chains. This will help reduce the strain on the world’s resources.

To reduce the increasing pressure on the world’s water and fuel resources, we have adopted an efficient use approach.

Our people are perhaps our most important asset and we are committed to supporting their health, wellness, safety and professional development. We believe that great people drive great businesses and therefore aim to provide our people with exceptional opportunities their professional and personal growth.

We are committed to fostering a healthy working environment and adherence to the Human Rights Policy. We promote health and wellness through our ‘For Your Wellbeing’ initiative which entails necessary medical aid through online doctor consultations, telemedicine, healthcare information and more.

With our presence in multiple locations, we follow a principle of equal opportunity for all in every aspect of employment. We respect each other and mutually benefit from our differences, leveraging the power of diversity.

Also, in line with the Sexual Harassment of Women at Workplace Act, 2013, commonly referred to as the ‘POSH Act’ in Indian law, we ensure a safe workplace for our women colleagues by preventing, prohibiting and redressing acts of sexual harassment against them in the workplace. We have a dedicated internal committee empowered to address complaints from an aggrieved woman.

A good Corporate Governance policy entails that there exists an open and transparent culture wherein concerns can be raised and expressed without fear of retribution. To achieve this objective, the organization has defined the Whistle Blower Policy which enables the reporting of concerns, which will be considered and if found to be appropriate be fully investigated and acted upon.

Whistle blowing is the process of reporting, of wrongdoing such as fraud, malpractice, mismanagement, breach of Code of Conduct or Sexual Harassment Policy, breach of health, environment and safety law or any other illegal or unethical act, either on the part of Management or by Employees.

The scope of whistleblowing is not confined to internal organizational issues. It extends to external relations (like customers, partners, competitors, vendors and other external agencies, hereinafter referred to as stakeholders) as well. It is an act whereby any stakeholder comes to a decision to express a concern over which he/she has genuine doubt and which is raised in good faith.

The organization finds it necessary to provide a robust structure for all stakeholders across the globe to raise their concerns. The organization has hence introduced the concept of an Ombudsperson to give stakeholders the confidence and accessibility to raise their concerns.

The Ombudsperson will investigate reported complaints, report findings and will help achieve equitable settlements. An advocate of ‘fairness’, the ombudsperson is expected to resolve conflicts and stakeholders’ concerns in the organization, guided by the principles of justice, objectivity, confidentiality and independence. To facilitate the process, multiple reporting channels have been made available.

At Foresight, safety is critical in everything we do.

We are committed to providing a safe and healthy working environment and being an injury and illness-free workplace. We aspire to set a benchmark in safety performance in all our businesses.

We impart regular training to employees to maintain safe working conditions, assess risks, provide controls for safety hazards and set safety metrics as indicators of success.

Our impeccable service record of providing 15 million man-hours without any Lost Time Injury is testimony to the success of our efforts.

With success comes the responsibility of giving something back to the industry and the people who have helped you progress. Dr Mehrotra has inspired the group to do exactly this.

One such example is Amer Maritime Training Academy, an institution that gives the underprivileged an opportunity to have a career at sea.

Established in 2001, the academy not only ensures personal development of its students, but also helps create a perpetual legacy, one that will contribute to the economic development of our country.

We, at Foresight Group, believe that Corporate Governance lies at the very heart of the way businesses are run. The manner in which we are governed is vital to the group’s value creation from a long-term perspective.

We seek to achieve this through a strong Corporate Governance policy, the core principles of which are:

  • Separation and independence of offices of ownership/decision control (Chairman) and that of executive/decision makers.
  • Monitoring of business conduct by the Board of Directors of Foresight Group International and their balanced participation in the governance and management of subsidiary companies as well.
  • Disclosure and transparency on conflict of interest of Board of Directors.
  • Independent audits and internal controls on financial reporting conducted at the level of Foresight Group International and its subsidiaries. Preparation of consolidated audit reports for better understanding for the purposes of decision-making.
  • Strict adherence to the best practices of related parties and regulatory requirements.
  • Ethical conduct of the business in compliance with internal governance policies as well as legislative and regulatory requirements.
  • Protecting the interests of our commercial partners, employees, customers, shareholders, local communities and other stakeholders, which are based on honesty, transparency and trustworthiness.

In addition to this, our vendors go through a comprehensive on-boarding process where they are evaluated, approved, and monitored to ensure compliance with high quality standards as well as demonstrated commitment to anti-bribery, anticorruption, applicable laws and regulations.

We also ensure that

  • they operate in accordance with generally accepted principles and standards relating to social and environmental responsibility
  • conduct our operations safely and minimize the environmental impact of our business activities
  • comply with applicable environmental legislation and permits
  • contribute to safeguarding our assets from misuse or waste

Code of Conduct

Foresight Group has always been regarded as a responsible and ethically driven organization. ‘How’ we do our business is as important as ‘what’ we do.

Since the beginning of our journey, we have remained fully committed to maintaining a high ethical standard in whatever we do. Our strong reputation is invaluable and it is up to all of us to protect and enhance it.

Our responsibility towards safeguarding our reputation is even greater as we continue to grow. Foresight’s future success depends on ensuring that we continue to hold ourselves to the highest ethical standards and act with Dignity, Honesty, Fairness and Transparency at all times.

This Code of Business Conduct & Ethics has been outlined to ensure that what ever we do is committed to protecting one of our most important values of maintaining Integrity. It applies to every Foresightian, regardless of role, seniority, function or location and all our interactions and dealing with all stakeholders around the world.

Code of Conduct

Foresight Group, has always been regarded as a responsible and ethically driven organization. ‘How’ we do our business is as important as ‘what we do. Since the beginning of our journey, we have remained fully committed to maintaining a high ethical standard in whatever we do. Our strong reputation is invaluable and it is up to all of us to protect and enhance it.

Our responsibility towards safeguarding our reputation is even greater as we continue to grow. Foresight’s future success depends on ensuring that we continue to hold ourselves to the highest ethical standards and act with Dignity, Honesty, Fairness and Transparency at all times.

Our team will be pleased to assist you with your queries