The key purpose of the Policy is to:
+ Define what CSR means to us and the approach adopted to achieve our goals;
+ Define the kind of projects that will come under the ambit of CSR;
+ Identify broad areas of intervention in which the company will undertake projects;
+ Serve as a guiding document to help execute and monitor CSR projects;
The CSR policy will enable Company:
+ To undertake/promote directly or indirectly programmes that benefit the community;
+ Help fulfil social responsibilities;
+ To provide general charities;
+ Maintain an eco-friendly and harmonious environment.
The Company’s CSR activities will not directly relate to (i) the business of the Company and (ii) welfare of its employees.
The policy guidelines of CSR activities embody the following basic principles and core elements:
+ Care for all stakeholders including interaction with all stakeholders, sharing information relating to inherent risks and adopting counter measures thereto;
+ Ethical functioning through promotion of transparency, good governance practices;
+ Respect for workmen’s rights and welfare including development of effective grievance redressal system, prevention of employment of child labour;
+ Respect for environment; and
+ Activities for social development including education, skill building, health, cultural and social welfare.