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Corporate Responsibilty and The Workforce

Corporate Responsibilty and The Workforce. By : Bhavna Raut Puneet Nagpal Rohan Batra Saurabh Aggarwal Sonam Sahu Varun Batra. Agenda. Companies & CSR Definition Why CSR? Initiatives Tata Group Larsen & Toubro SAIL Infosys MUL. Companies & CSR.

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Corporate Responsibilty and The Workforce

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  1. Corporate Responsibiltyand The Workforce By : BhavnaRaut PuneetNagpal Rohan Batra Saurabh Aggarwal SonamSahu Varun Batra

  2. Agenda • Companies & CSR • Definition • Why CSR? • Initiatives • Tata Group • Larsen & Toubro • SAIL • Infosys • MUL

  3. Companies & CSR • Three kinds of Indian companies when it comes to corporate responsibility: • Big Indian multinational corporations that have proper corporate responsibility mechanisms in place; • Large national companies that appreciate the value of corporate responsibility but have no inherent structures to show for it; and • The many small and medium-sized enterprises that are doing only piecemeal work at best

  4. Definition • The Prince of Wales International Business Leaders Forum defines CSR on basis of four issues: • Corporate governance to include reputation, transparency, accountability, and anti corruption; • Safety and environment which comprises product/service safety, worker health and safety, local environment quality ; • Access/development that includes initiatives in education, health-HIV/AIDS, digital divide, enterprise development, and; • Human Rights that includes labour standards, security and indigenous people.

  5. Why CSR? • Because of visibility • Feel good factor( retention of talent) • Business partner requirements • Voluntary • Pressure from stakeholders • Need to maintain good relationship with external entities • Founders attitudes • Pressure from investors, lenders and insurers • Threat of regulatory action or emerging legislation • Risk to company brand or reputation (and hence shareholder value) as a result of consumer pressure or NGO campaigns

  6. Tata Group • Rs 800-1,000 crore per annum • Tata Council for Community Initiatives (TCCI) • Tata Steel Ltd - Golden Peacock Global Award for CSR 2009 • Tata Index for sustainable human development • Social Audit • Initiatives for employees - limited working hours, leave, provident fund. • Labour welfare laws

  7. Tata Group • Voltas - a hands-on course in refrigeration and air-conditioning. • Tata Chemicals Society for Rural Development (TCSRD) , Mithapur – water management schemes • Tata Motors’ Grihini Social Welfare Society – produce spices, hand gloves, uniforms • E2E SerWiz Solutions Pvt. Ltd. – controlling attrition with CSR initiative

  8. Larsen & Toubro • Medical services to the community • Full-fledged schools  • Health and welfare programmes for the community. • Working towards empowering women • Environmental preservation, • Construction Skills Training Institute • Works towards rural and social development • Promotes Safety , health and hygiene both within the corporation and externally.

  9. Initiatives • Prayas • Painting Gallery • Rehabilitation Efforts • Free Eye Screening Camp by L&T, Aravind Eye Hospital

  10. SAIL • Health & Medical • 20 state-of-the-art hospitals with 4500 beds managed by around 6000 doctors • launched an AIDS Awareness and Control Program in partnership with NACO, Ministry of Health & Family Welfare • Education • opened about 200 schools in the Steel Townships and imparts education to over 1,00,000 children • Employs more than 6000 teachers • Bhilai Steel Plant has adopted 36 tribal children of Chattisgarh region • Sports and Cultural activities • established academies for handball, hockey and football at Bhilai, Rourkela and Bokaro respectively • encouraged about 30 SAIL family children to either win national medals or be selected to the national teams

  11. SAIL • Assistance During Natural Calamities • relief material worth Rs. 1 crorewas channelized in the 1999 cyclone flood in Orissa • have given support in the severe earthquake in Jabalpur on May 21,1997 and in Gujarat on January 26,2001 • Women Upliftment • in all SAIL Plants, MahilaSamities have been formed since inception • various activities performed are women empowerment and development, vocational training, education for needy girl children • Support to Organizations • providing assistance to organizations working for the children of prisoners, physically challenged persons, mentally handicapped children

  12. SAIL • SAIL Model Villages • SAIL has adopted 79 villages across the country for undertaking comprehensive development as SAIL Model Villages • initiatives are being taken with respect to Medical & Healthcare Services, Education, Sanitation, Roads, Employment Generation • Ancillary Development • since 1978, 1861 units have been recognized by the company as ancillary units. On an average the company has been adding 42 units annually • creates employment for more than 700 people each year • supports these industries by providing land, supply of potable water, and other infrastructure facilities • Roads • involved in the construction and repair of 33 kmsof puccaroads per year • Provides access to nearly 2 lakh people across 435 villages to modern infrastructure facilities every year

  13. Initiatives by Infosys Foundation - Environment Infosys' vision is to become "carbon and water neutral". • Water Management • Harvest rainwater and consistently reduce the use of fresh water • Recycle waste water to be reused for primary and secondary purposes • Energy Conservation • Measure our utilization of energy through energy audits • Data collected is used to achieve increasing levels of energy conservation • Waste Management • Waste is recycled scientifically. • Waste is reduced, segregate it at the source and is disposed at dedicated waste segregation and processing plants at each development center

  14. Initiatives by Infosys Foundation - Healthcare • Hospital wards • Donates advanced equipment • Organized health camps and distributes medicines • Constructed Super-specialty Hospital at the Sassoon hospital, Pune • Donated ambulances and high-tech surgical equipment to medical centers and hospitals in Tamil Nadu, Karnataka and Orissa

  15. MarutiUdyog Limited • Welfare Camps: blood donation camps , eye check up camps and other health camps • Medical support & welfare: donation for natural calamities , crèche for construction workers kids • Education to underprivileged: In collaboration with DPS

  16. MarutiUdyog Limited • Education Programme for mothers: concept of CHETNA • Maruti and kids: Edutainment based theme park • Maruti and Environment:promotes environment education

  17. Thank You...

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