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    CSR Policy Tata Chemicals

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    Jatin Thakkar
    Tata Chemicals has established a Corporate Social Responsibility policy to positively impact communities and the environment. The policy focuses on sectors like education, livelihoods, health, and the environment. It will allocate 2% of average net profits over 3 years to CSR activities in villages within 50 km of offices and plants in Gujarat, Uttar Pradesh, West Bengal, Maharashtra and Tamil Nadu. Implementation will involve employees, facilities, and partner organizations, and progress will be monitored by Board committees and teams at offices and plants.

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    CSR Policy Tata Chemicals

    Uploaded by

    Jatin Thakkar
    275 views3 pages
    Tata Chemicals has established a Corporate Social Responsibility policy to positively impact communities and the environment. The policy focuses on sectors like education, livelihoods, health, and the environment. It will allocate 2% of average net profits over 3 years to CSR activities in villages within 50 km of offices and plants in Gujarat, Uttar Pradesh, West Bengal, Maharashtra and Tamil Nadu. Implementation will involve employees, facilities, and partner organizations, and progress will be monitored by Board committees and teams at offices and plants.

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    Csr Policy tata chemicals

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    Tata Chemicals has established a Corporate Social Responsibility policy to positively impact communities and the environment. The policy focuses on sectors like education, livelihoods, health, and the environment. It will allocate 2% of average net profits over 3 years to CSR activities in villages within 50 km of offices and plants in Gujarat, Uttar Pradesh, West Bengal, Maharashtra and Tamil Nadu. Implementation will involve employees, facilities, and partner organizations, and progress will be monitored by Board committees and teams at offices and plants.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    275 views3 pages

    CSR Policy Tata Chemicals

    Uploaded by

    Jatin Thakkar
    Tata Chemicals has established a Corporate Social Responsibility policy to positively impact communities and the environment. The policy focuses on sectors like education, livelihoods, health, and the environment. It will allocate 2% of average net profits over 3 years to CSR activities in villages within 50 km of offices and plants in Gujarat, Uttar Pradesh, West Bengal, Maharashtra and Tamil Nadu. Implementation will involve employees, facilities, and partner organizations, and progress will be monitored by Board committees and teams at offices and plants.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 3

    CORPORATE SOCIAL RESPONSIBILITY

    (CSR) POLICY

    Author
    Approved by
    Signed by
    Document date

    : Ms. Alka Talwar


    : CSR, Safety & Sustainability Committee and Board
    : Managing Director
    : 11th July, 2014

    Purpose:
    Tata Chemicals is committed to upholding the highest standards of corporate social responsibility.
    We endorse the Tata Group Purpose of improving the quality of life of the communities we serve
    through long term stakeholder value creation. We believe in positively impacting the environment
    and supporting the communities we operate in, focusing on sustainability of our programs and
    empowerment of our communities.
    Our CSR programs shall be designed to:

    Serve and be seen to serve society, local and national goals in all the countries where
    we operate.
    Create a significant and sustained impact on communities affected by our businesses.
    Provide opportunities for our employees, our customers and partners to contribute to these
    efforts through volunteering.
    Play a significant role in promotion of inclusive growth through empowerment of farmers,
    women and socially and economically weaker sections of society.
    Build partnerships and promote innovation through incubation of ideas and technology to
    address societal needs

    Sectors & issues:


    Our CSR initiative called BEACoN - the guiding light shall focus on the following sectors and issues:

    Blossom : Promotion and development of traditional handicrafts.


    Enhance : Poverty alleviation, livelihood enhancement and infrastructure support
    Aspire
    : Education and vocational skill development.
    Conserve : Environment sustainability by investing in Bio-diversity, natural resource
    management and mitigation of climate change impacts.
    Nurture : Health care, nutrition, sanitation and safe drinking water.

    In addition, we will respond to any disasters, depending upon where they occur and our own ability
    to respond meaningfully
    Resources:
    We propose to deploy the following resources for our CSR activities:

    Funds: At the minimum, 2% of average net standalone India profits of the past 3 years as
    per Indias Companies Act 2013.
    Expertise: Of our employees through structured volunteering programme HOPE.
    Facilities: Our offices and plant sites.
    Resources from our business partners.
    Resources from other organizations within and outside the Tata group.

    Any surpluses arising out of CSR projects or programmes or activities shall not form a part of the
    business profits of the company.
    Geographies and target communities:
    The geographical focus of the companys CSR activities will be where we have a significant
    presence. Currently, these are the states of Gujarat, Uttar Pradesh, West Bengal, Maharashtra and
    Tamil Nadu. In these geographies, we would concentrate our efforts on villages and habitations
    within a 50 km radius of our plants and offices. The specific locations will be determined at the
    beginning of each year.

    Implementation & monitoring:


    We will implement our CSR activities in a number of ways: Directly through our in-house teams and
    through our Trusts and societies viz. Tata Chemicals society for Rural Development, Okhai- centre
    for Empowerment, Uday Foundation and Golden Jubilee foundation, The Tata Trusts and
    organisations set up to implement Tata Group Focus Initiatives and through external expert
    agencies and partners.
    Implementation of this policy will be monitored and reviewed periodically through a three tier
    structure comprising: CSR committee of the Board, CSR steering committee and CSR teams at the
    corporate offices and manufacturing plants.

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