At Lodha, guided by our vision of ‘Building a Better Life’ we follow transparent and ethical business practices. Coupled with our commitment of nurturing an environment that enables growth and fulfils ambition for all our stakeholders and consumer trust in the brand; Lodha is India’s number one real estate developer^ having developed 8.2 Cr. sq. ft. land^^ and delivered more than 50,000 homes.*
As a company that’s growing rapidly, we recognise the importance of ensuring fair business practices. We have stringent anti-corruption, anti-bribery and anti-money laundering polices at Lodha that are binding to all our associates, contractors, suppliers, subsidiaries, affiliates and sub-contractors. We ensure adherence to high level of social, ethical and responsible practices in any business dealings with multiple check-points and processes in place.
At Lodha, these policies have been crafted to prevent all incidents of cheating, scams, fraudulent behavior and corrupt business practices at all levels. Any suspected instance of policy violation or fraud at Lodha is deftly investigated and appropriate disciplinary action, including suspension & termination of service or initiation of civil and/or criminal proceedings is undertaken
Outlined here are the key policies that ensure ethical business practices at Lodha
Anti-money laundering, anti-bribery and anti-corruption policy
Lodha is committed to complying fully with all applicable Anti-Money Laundering and Anti-Bribery and Anti-Corruption laws in the conduct of our business. We are committed to the prevention, deterrence and detection of bribery and other corrupt business practices at Lodha, which extend to implementing and enforcing effective systems to counter bribery and corruption. This entails compliance with all laws, domestic and foreign, prohibiting improper payments, gifts or inducements of any kind to or from any person.
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Code of Conduct policy at Lodha
Lodha is committed to good corporate governance and upholding the best interest of our associates, clients and stakeholders. In our endeavour to excel as an organisation that believes in an exemplary work environment and social conduct, we expect all our associates, consultants and directors to display the highest standards of professional conduct in adherence to the Lodha code of conduct.
Our excellence and success as a business entity comes from an efficient integration of quality products, effective processes and exceptional people. The core values that characterize the company associate and underpin the way we do business are – forthright, exceptional, customer-centric, economic value creators, nimble, learning-focused, empowered, meritocratic and collaborative. These core values are embedded in the code with the objective of equipping every associate of Lodha with the knowledge and ability to make the right decision when found at an ethical crossroad.
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Whistle Blower Policy at Lodha
At Lodha, we have fostered an environment where every associate is empowered to make the right choice at all times. The Whistle Blower policy provides an opportunity to Lodha associates to voice concerns related to unethical or improper practices that they may have observed at Lodha and it guarantees appropriate protection to such associates. We have formulated a complaint handling, disposal and reporting process to carry out the due diligence and investigate the compliant received.
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^^As of 31st Dec, 2021 | ^By residential sales of FY14-FY21 | *Between FY 14-21