Vardhman Special Steels Ltd 2020 Annual Report with Sustainability Disclosures
Company: Vardhman Special Steels Ltd
Sector: Manufacturing
Country: India
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 73
The report describes Vardhman Special Steels' replacement of its conventional electric arc furnace and the strategic alliance with Aichi Steel as major steps in its operational transformation. During the COVID-19 lockdown, the company says it avoided layoffs and salary cuts and increased employee engagement and training. Its responsibility disclosures also describe implemented energy-saving measures, water-recharge systems and tree-planting initiatives.
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