Corporate Social Responsibilty Policy
Essay by lokesh reddy • August 22, 2016 • Presentation or Speech • 1,423 Words (6 Pages) • 1,358 Views
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CORPORATE SOCIAL RESPONSIBILTY POLICY
Submitted By
Rangoli Agarwal C003
Vaibhav Bangar C008
Prateek Gupta C023
Kumar Aditya Jha C027
Dhruvi Shah C051
Prasad Temgire C061
Pranav Misal C066
Table of Contents
INTRODUCTION
PRODUCTS
REGISTRATION DETAILS
CSR DRIVING PRINCIPLES
CSR MISSION
CSR VISION
SOCIAL DEVELOPMENT IN THE PAST
RATIONALE FOR CSR POLICY
FOCUS AREA OF CSR INTERVENTION
GEOGRAPHIC SCOPE OF INTERVENTION
METHODOLOGY OF INTERVENTION
BUDGET
CSR EXPENDITURE
MONITORING AND EVALUATION
DISSEMINATION OF INFORMATION
AMENDMENTS
REVIEW
INTRODUCTION
Inani Marbles and Industries Ltd. Established in 1987 Started in a small way, today Inani operates North India’s Biggest fully Automatic Italian Processing Unit at Chittorgarh, Rajasthan, with a huge capacity and state-of-the-art technology for Granite and marble processing. They have captured a large segment of the Indian Granite, Marble, Quartzite, Sand stone and Imported Marbles.
The company's core strength lies in its constant endeavor to promote new varieties of world-class products from time to time and also its ability in having fine-tuned concept of customer satisfaction to understand its client's needs.
PRODUCTS
- Granite
- Quartzite
- Imported Marble
- Indian Marble
- Sandstone
REGISTRATION DETAILS
F 17 & 58, RIICO Industrial Area, Chittorgarh, Rajasthan, 312001
Tel: 01472-256711
Fax: 01472-256717
Email: inanimarble@gmail.com
Website: http://www.inanimarbles.com
CSR DRIVING PRINCIPLES
CSR MISSION
The CSR Policy of Inanigroup aims to realize, merge and reinforce Good Corporate Governance including socially and environmentally responsible business practices that balance financial profit with social well-being.
CSR VISION
To be socially responsible Company and endeavor for operational excellence in our business operations with a particular focus on mining and natural stone processing activities.
SOCIAL DEVELOPMENT IN THE PAST
- Inani group has established more than 100 water filter coolers at rural areas in Rajasthan
- Tree plantation in the locality
- Developed Sprawling nurseries, Gardens and Cow protection (Gou Shala) at different locations
- Steps taken to minimize the pollution levels at the factories
RATIONALE FOR CSR POLICY
Mining takes a toll on the surrounding eco- system. Nobody understands this better than Inani group. As a concerned, socially-aware, responsible corporate citizen, we believe in giving back to nature.
In terms of section 135 and Schedule VII of the Companies Act, 2013 the Board of Directors of the Company have constituted a CSR Committee of the Board and developed a CSR policy.
FOCUS AREA OF CSR INTERVENTION
Schedule VII lists out the activities which may be included in social responsibility policies by the companies. The said activities include the following:
- Eradicating extreme hunger and poverty
- Promotion of education
- Promoting gender equality and empowering women
- Reducing child mortality and improving maternal health
- Combating human immunodeficiency virus, acquired immune deficiency syndrome, malaria and other diseases
- Ensuring environmental sustainability
- Employment enhancing vocational skills
- Social business projects
- Contribution to the Prime Minister's National Relief Fund or any other fund set up by the Central Government or the State Governments for socio-economic development and relief and funds for the welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women; and
- Such other matters as may be prescribed
However out of the aforesaid activities Inani group shall endeavor to make the expenditure in activities relating to:
- Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water
- Promoting preventive health care and sanitation and making available safe drinking water
- Contribution to the Prime Minister's National Relief Fund or any other fund set up by the Central Government for socio-economic 2 development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women
- Supporting and supplementing Government programs and initiatives undertaken in relation thereto
Inani group may undertake any such activities as may be notified from time to time under Companies Act, 2013, as amended from time to time and various other laws, statutes and regulations as and when applicable.
GEOGRAPHIC SCOPE OF INTERVENTION
The geographic scope of our CSR work includes
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