Integrated managment system

JSW has in place the Integrated Management System Policy, which refers directly to corporate social responsibility and commitments made by the Company to the requirements and expectations of its Stakeholders. The JSW Management Board strives to attain the vision and mission, achieve long-term success and increase the value of the whole Group. The Group takes measures in the area of economic development, social cohesion and environmental protection, across its operating area. JSW and a number of Group companies have implemented certified management systems. Improving the effectiveness of the integrated management system is a matter of attention and continuous efforts in accordance with the commitment declared in the Policy.

JSW has in place the Integrated Management System Policy, which refers directly to corporate social responsibility and commitments made by the Company to the requirements and expectations of its Stakeholders. The JSW Management Board strives to attain the vision and mission, achieve long-term success and increase value of the whole Group. The Group takes measures in the area of economic development, social cohesion and environmental protection, across its operating area. JSW and a number of Group companies have implemented certified management systems. Improving the effectiveness of the integrated management system is a matter of attention and continuous efforts in accordance with the commitment declared in the Policy.

The primary objectives of the Integrated Management System include:

  • ensuring in a documented manner that quality requirements for goods are met at all stages of conducted processes and that requirements concerning occupational health and safety are fulfilled,
  • minimizing the potential risk of non-conformity of offered goods,
  • identifying and eliminating, as soon as possible, causes and effects that disrupt conducted processes by means of implementation of corrective and preventive actions,
  • curtailing any adverse impact on the environment,
  • continuously improving employee safety,
  • protecting the informational resources and means used to process them,

The integrated management system consists of the following:

The quality management system is intended to meet customers' expectations by delivering products in line with their expectations and requirements declared in contracts. As part of the quality management system, customer perception is monitored on an annual basis. The results make it possible to learn the customers’ opinion on the quality of the services provided by JSW S.A. and eliminate irregularities in the coal and coke sales process. This provides customers with a basis for trust and confidence in our capability to achieve our quality objectives. The quality management system especially focuses on optimising processes and improving the organisational culture.

The primary objective of the environmental management system is to reduce the harmful effects of operations, prevent pollution and accidents in a way that minimises adverse impact on the environment and strive for continuous improvement of the state of the environment. A range of measures are taken to improve the state of the environment, such as reclamation and greening of degraded areas, protection of water against salination, appropriate and responsible management of mining waste and mine waters, reduction of methane emissions to the atmosphere. The system includes continuous updating and identification of environmental aspects related to the operations. The environmental management system helps build the Company's image as an enterprise that cares about the environment.

The aim of the occupational health and safety management system is to ensure that necessary measures and resources are in place to foster safe attitudes among employees and to monitor risks and reduce their impact on the work environment. The system features a range of activities that are intended to ensure the use of safe technological processes, strive to prevent accidents, occupational diseases and near misses and proactively influence employee awareness. A declaration has been adopted on the identification, monitoring and minimisation of hazards that may affect occupational safety; activities intended to promote safe behaviour among the crew have been declared and intensified. Workplace hazards are identified and occupational risks are assessed on the basis of the occupational health and safety management system.

The primary objective of the information security management system is to minimise the risk of losing critical information by applying appropriate safeguards in accordance with the adopted Information Security Policy at JSW Group. The information security management system is created by all employees who are the owners or users of information. Understanding the aforementioned issues makes it possible for us to identify the most appropriate security measures in the context of the specific nature of JSW S.A.'s operations and the market environment. The system was implemented in order to deploy protection mechanisms adequate to business needs, define the rules for handling specific information and assess risk based on existing hazards. The system is designed to ensure confidentiality, integrity and availability of information.

The Group has in place a comprehensive enterprise risk management system (ERM), which comprises the JSW Group Enterprise Risk Management Policy and Procedure. The aim of corporate risk management is to identify potential events and risks which may influence the organization, to keep the risk within the prescribed limits, and to ensure achievement of business objectives.

Further information on risk management is available in section Risk management rules.

The internal control system operating in JSW defines activities in the areas of internal control, risk management, compliance, internal audit and others that have direct or indirect influence on correctly compiled financial statements. The system involves numerous implemented control mechanisms and internal regulations. The purpose of the internal control system is to support management, achieve set goals, increase the efficiency of tasks and ensure its safe and stable operation.

The internal control system area is subject to the Internal Control System Operation Bylaws, a set of regulations and principles underlying the construction, operation and usage of the internal control system at JSW. The internal control system is permanently embedded in the management process. It is based on identification and assessment of risk related to processes and activities conducted in all organizationally separate units. Identified risk is used to design and implement respective internal control mechanisms. The mechanisms should protect JSW against the risk that identified threats for achieving JSW’s objectives will materialize. The internal control system comprises all regulations, procedures and organizational structures that act together to ensure: compliance with strategy, efficiency and effectiveness of procedures, protection of assets, compliance of transactions and activities with the mandatory provisions of law, supervisory regulations and internal policies, plans, provisions and procedures, support for the decision-making process.

Guaranteeing compliance with international standards is the Group's established compliance system, which includes regulatory and organizational solutions that together comprise an internally integrated compliance management system. The compliance standards adopted in the Group cover all its participants and remain uniform in the full scope. The compliance regulations adopted in JSW, which are compliance system components, are as follows:

  • CODE OF ETHICS
  • HUMAN RIGHTS POLICY
  • COMPLIANCE POLICY
  • IRREGULARITY REPORTING PROCEDURE
  • ANTI-CORRUPTION POLICY
  • CONFLICT OF INTEREST MANAGEMENT POLICY
  • BUSINESS PARTNER VERIFICATION POLICY
  • POLICY ON THE HIRING OF PERSONS CLOSELY ASSOCIATED AND RELATIVES
  • GIFT POLICY
  • CHARITABLE AND PROMOTIONAL POLICY

For more information, see Compliance and our policies.