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Corporate Responsibilty and The Workforce

This document explores the significance of Corporate Social Responsibility (CSR) practices among Indian companies, focusing on major players like Tata Group, Larsen & Toubro, SAIL, and Infosys. It defines CSR and discusses why it is essential for businesses, including the benefits of transparency, risk management, and stakeholder relationships. The report also highlights various CSR initiatives, showcasing how these companies engage in community development, healthcare, education, and environmental sustainability, ultimately enhancing their brand reputation and contributing to societal welfare.

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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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