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Business Ethics- Assessment of CSR activities of companies

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Business Ethics-Assessment of CSR activities of companies

Companies Act, 2013

• The Companies Act, 2013 mandates that any company with a net

worth of Rs 500 crore or more or net profit of Rs 5 crore and above

or turnover of Rs 1,000 crore or more in a fiscal year will have to

spend 2% of three years average profit towards CSR or social

responsibility activities.

Companies assessed

Rural Electrification

Corporation Ltd.Indian Bank

Sun Pharmaceutical Industries Ltd.

Andhra BankTata Chemicals

Ltd.

Power Grid Corporation of

India Ltd.

Adani Power Ltd.Alok Industries

Ltd.

Major

thrust

areas

Health

Education

Infrastructure

Environment

EnergyLivelihood

Water

Women Empowermen

t

Others

0

1

2

3

4

5

6

7

8

Thrust Areas

RuralElectrific

ationCorporation Ltd.

IndianBank

SunPharmaceuticalIndustries Ltd.

AndhraBank

TataChemica

ls Ltd.

PowerGrid

Corporation ofIndiaLtd.

AdaniPower

Ltd.

AlokIndustries Ltd.

Series1 1.00% 0.21% 0.18% 0.54% 2.93% 0.51% 3.07% 0.24%

0.00%

0.50%

1.00%

1.50%

2.00%

2.50%

3.00%

3.50%

Percentage of CSR Spending as % of PAT in FY 2013-14

0

1

2

3

4

5

6

Department Foundation

CSR Management

Adani Power Ltd.

• Implements CSR activities through Adani foundation

• CSR Vision

To improve living standard of all communities through integrated and sustainable development.

Core Focus Areas

CSR Culture - PRIDE

• Passion-Delivering performance with energy and passion

•Results-Consistently achieve goals

• Integration-To work across businesses to create synergy

•Dedication- Work with commitment in the pursuit of aim

•Entrepreneurship- Seizing opportunity with initiative

Activities of Adani Foundation in its major thrust areas

• Established schools -Adani Vidya Mandir & Adani Vidyalya

• Provide infrastructure support to the schools

• Started Building as Learning Aid(BALA) –organize activities

like Bal melas ,Fairs & competition

• Udaan project-To give career guidance to students

Primary Education

Community Health

• Runs Mobile Healthcare units and Rural clinics

• Health camps helped more than 85% citizens

• Total Sanitation Campaign (TSC) -provided models of

disabled friendly toilets in many villages

• Programs to spread awareness regarding women health

Activities of Adani Foundation in its major thrust areas

Sustainable Livelihood Development

• Empowered people by SHGs and Village Development Community

• Adani Skill Development Centre” – for vocational training

• Social Green initiative

• Jana Shree Bima Yojana - Insurance Services

Activities of Adani Foundation in its major thrust areas

Rural Infrastructure Development

• Invested in water conservation, education, clean drinking water ,

health & hygiene

• Rural drainage project

• ‘India Unite To End Polio Now’ campaign

Activities of Adani Foundation in its major thrust areas