The CSR Policy Statement

The CSR policy of the company reflects its commitment to humanity more than the statutory requirements. Policies and programs of the company are structured over the four pillars Ethics, community, environment and diversity. Our policies explicitly express our desire to give back to our communities while the company prospers. Being ethical is the main pillar where we act with integrity and adhere to codes of ethics and cultural values. We strive hard to deliver the best to the community in which we exist, operating our business which is environmentally efficient, actively protecting the environment and respecting the diversity of the population by being non-discriminative based on caste, creed, gender, thought and experience.

Areas of activities and intervention

The Company shall be undertaking activities in the following broad areas. Specific programs and projects under these areas shall be proposed and implemented in each financial year.

• Eradication of hunger and malnutrition
• Health promotion
• Supporting Government initiatives in healthcare especially in preventive health, maternal and child health and care of older persons.
• Sanitation
• Availability of safe drinking water
• Campaign against use of alcohol, smoking, drug abuse etc.
• Promoting education including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement
• Rural Development
• Promoting gender equality and empowering women
• Setting up daycare centers homes and hostels for women, senior citizens and marginalized communities.
• Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conversation of natural resources and maintaining quality of soil, air and water.
• Protection of national heritage, art and culture.
• Measures for the benefit of armed forces veterans, war widows and their dependents
• Training to promote rural sports, nationally recognized sports, paralympic sports and Olympic sports.
• Contribution to the Prime Ministers National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Schedules Castes, the Scheduled Tribes, other backward classes, minorities and women.
• Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government.

Rationale for proposing a project

The CSR committee shall conduct an assessment of the major community needs from time to time to understand the felt-needs of the community. Proposed projects shall be prioritized mainly based on these assessments and funds be earmarked appropriately.

Transparency

Monitoring and evaluation of the programs/projects and expenditure shall be conducted by the CSR Committee on a quarterly basis and report to the Board of Directors on half yearly basis. An annual report on CSR activities with necessary details shall be included in the Directors Report of the Company in the prescribed format.