The csr projects programmes that benefit only the employees of the company andor their families shall not be considered as csr activities, within the purview of this policy and section 5 of the companies act, 20. The company will undertake csr activities to do overall good to the community, with special emphasis on activities for the benefit of the poor and needy sections of the society. The corporate social responsibility csr philosophy of bfl has been formulated under the vision and principles of the bajaj groups founding father, late shri jamnalal bajaj, who believed in creating shared value through fair and equitable business functioning. During initial years, jamnalal bajaj distributed profits among farmers who worked in the cane fields. Annexure to the annual report on csr activities 201718. The company is also active in windenergy generation. To get a brief overview of bajaj allianz general insurances csr policy, view the website.
Applications invited from non profit organizations for. The corporate social responsibility csr activities of bajaj group are guided by the vision and philosophy of its founding father, late shri jamnalal bajaj, who. About the company the bajaj group is amongst the top 10 business houses in india. Come join us in our quest to spread the financial wave and become financially independent. Bajaj steel industries limited 5 notice to members notice is her eby given that the fifty fourth 5 4th annual gener al mee ting of the member s of bajaj s teel indus tries limit ed will be held on wednesda y, the 23 rd day of september, 2015 at 4. View corporate social responsibility projects bajaj. It manufactures motorcycles, scooters and auto rickshaws. Csr policy would specify that the corpus would include the following. Corporate social responsibility bajaj allianz life insurance. At bajaj electricals limited, corporate social responsibility csr is threefold. Corporate identification number l65910mh1987plc042961. In to days globalized world, one of t he gr eat challenges faced by firms is integration o f csr in business. The cii being the leading industry body, through this handbook, envisages equipping companies for this shift of structured engagement with communities.
Title applications invited from non profit organizations for bajaj groups csr grant overview bajaj group believes that the true and full measure of growth, success and progress lies beyond balance sheets or conventional economic indices. The corporate social responsibility csr activities of the company being part of bajaj group are guided by the vision and philosophy of its founding fathers, late shri jamnalal bajaj, and late shri jeewanlal motichand shah who embodied the concept of trusteeship in business and common good, and laid. Although the fire brigade team moves for the site within 1 minute of receiving calls, the traffic jam. The company is always dedicated towards csr activities and has spent more than the prescribed csr budget in last four financial years. The csr activities of bajaj group are guided by the vision and philosophy of its founding. Csr activitiesprojects the csr activities are laid down under schedule vii to the companies act 20, which may be included by the company in their csr policy. Parul goyal wasan and others published bajaj group. Oct 02, 2019 applications invited from non profit organizations for bajaj groups csr grant.
The corporate social responsibility csr activities of bajaj group are guided by the vision and philosophy of its founding father, late shri jamnalal bajaj, who embodied the concept of trusteeship in business and common good, and laid the foundation for ethical, valuebased and transparent functioning. Preface as per section 5 of the companies act, 20, every company having a net worth of rupees five hundred crores or more, or turnover of rupees one thousand crores or more. In particular, the company will undertake csr activities as specified in schedule vii to. It is best reflected in the difference that business and industry make to the lives of people. While corporate social responsibility is a relatively new concept the world over, for the bajaj group, it is a way of life. Csr corporate social responsibility bajaj electricals. The corporate social responsibility csr activities of bajaj group are guided by the vision and philosophy of its founder, late shri jamnalal bajaj, who embodied the concept of trusteeship in business and common good, and laid the foundation for ethical, valuebased and transparent functioning.
Lalitpur power generation company limited lpgcl, a special purpose vehicle spv of bajaj. Brief outline of companys csr policy, including overview of projects or programmes proposed to be undertaken and a reference to the weblink to the csr policy and projects or programmes introduction. Bajaj hindusthan sugar ltd csr initiatives win ciis national award. This policy shall apply to all csr initiatives and activities taken up by the company at the various plants. Bajaj consumer care directors report bajaj consumer care. Responsibility csr activities for the year ended 31 march 2019. Bajaj auto international holdings bv financial statements 201415. Accordingly, the board of directors the board of bajaj energy limited the company.
Corporate social responsibility csr focuses on the wealth creation for the optimal benefit of all stakeholders including shareholders, employees, customers, environment and society. Corporate social responsibility programmes dharwad 1945 2009 1966 2014 1950s 2010 1994 2011 tata motors established shift in tata motors approach to csr 1. The csr activities of bajaj group are guided by the vision and philosophy of its founding father, late shri jamnalal bajaj, who embodied the concept of trusteeship in business and common good and laid the foundation for ethical, valuebased and transparent functioning. The csr committee, shall prepare a transparent monitoring mechanism for ensuring implementation of the projects programmes activities proposed to be undertaken. Total spending on csr as percentage of pat % refer annual report on. The core elements of csr activities of the company bfs or bajaj finserv. Corporate social responsibility csr and sustainability data for bajaj finance limited, diversified financial services and india. The objective of the study was to conduct qualitative analysis of the activities, spends and impacts of csr interventions made by corporate foundations. Applications invited from non profit organizations for bajaj groups csr grant. Also, get details about csr committee members and the activities performed with csr expenditure. Environment 49 employees 49 community 49 governance 42. Corporate social responsibility csr policy bajaj energy. In particular, the company will undertake csr activities as specified in schedule vii to the companies act, 20, but will not be limited to the following.
Annexure to the annual report on csr activities 201415. Father, late shri jamnalal bajaj, who embodied the concept of. Refer annual report on csr activities annexed to directors report 5. It is in this context, that the handbook on corporate social responsibility in india developed by pwc india for cii can play an important role. Bajaj finserv limitedmaharashtra company csr profile. A report of price water copper 20 has summarized csr as an. The term stakeholder, means all those on whom an organizations performance and activities have. Read through some of its key projects undertaken for numerous communities. Corporate social responsibility areas bajaj auto motorcycles, a leading motorcycles.
Annexure to the annual report on csr activities a by bajaj auto. The corporate social responsibility csr activities of bajaj group are guided by. The core elements of csr activities include ethical functioning, respect for all stakeholders, protection of human rights and care for the environment. Sectorwise csr contribution in a nutshell is given below. Its csr initiatives are driven by the core values of ethical functioning, respect for all stakeholders, protection of human rights and care for the environment. View corporate social responsibility projects bajaj allianz. Corporate social responsibility policy framework preface.
As a corporate citizen of planet earth, toshiba group promotes csr management through out the world. The centre wrote to 40 companies from which 10 companies working in collaboration with the government were shortlisted based on sector and geographical location. It was founded by jamnalal bajaj in rajasthan in the 1940s. Handbook on corporate social responsibility in india. The corporate social responsibility csr activities of the bajaj group are guided by the. Study of impact of csr activities of companies working in. Corporate social responsibility csr is a concept whereby organizations serve the interests of society by considering the impact of their activities on customers, employees, shareholders, communities and the environment in various aspects of their operations. Corporate social responsibility policy of bajaj allianz life insurance company limited i philosophy the bajaj group stands tall in the corporate world, with high ranking in terms of market capitalization, turnover, profits, range of produc ts and services and various other parameters. Corporate social responsibility policy of bajaj allianz life insurance company limited i philosophy the bajaj group stands tall in the corporate world, with high ranking in terms of market.
Corporate social responsibility bajaj allianz life. Bajaj capital is committed to its vision to create maximum number of households crorepati by creating financial education awareness of the highest order. The bajaj group leads several csr initiatives that highlights socioeconomic and community development needs of india. The corporate social responsibility csr activities of bajaj group. Bal, a sound and profitable global twowheeler and threewheeler manufacturing company, has spent rs.
Bajaj capital limited corporate social responsibility csr. Report on corporate social responsibility csr bajaj auto. It is based in pune, maharashtra, with plants in chakan, waluj near aurangabad and pantnagar in uttarakhand. Take a look at how bajaj has created a positive impact across the globe through its csr initiatives. Bajaj group believes that the true and full measure of growth, success and progress lies beyond balance sheets or conventional economic indices. Applications invited from non profit organizations for bajaj. A brief outline of companys csr policy, including overview of projects or programs proposed to be undertaken and a reference to the weblink to the csr policy and projects or programs. Bajaj finserv limited is the holding company for the businesses dealing with financial services of the bajaj group. Further, csr activities donot include the activities undertaken in pursuance of normal course of business of the company. We will strive to implement the aforesaid csr activities on our own to the extent possible. Applicability and effective date this policy provides the framework for csr programme of. Accordingly, the board of directors at its meeting held on july 21, 2014 approved and adopted the corporations corporate social responsibility policy csr policy. As part of its corporate social responsibility initiative, bajaj hindusthan sugar ltd. At the same time, we recognize need to work in partnership with other players also.
The corporate social responsibility csr activities of bajaj group are. Most of the fire accidents in the capital are caused by gas leakage or current short. Bfl, the company presents its third brr in line with the nvgs and the brr. Annexure to the annual report on csr activities a by. Bajaj finserv is the holding company under which there are three key financial sector businesses. Corporate social responsibility policy bajaj finserv. This policy shall apply to all csr initiatives and activities taken up at the various work centers and locations of the company, for the benefit of different segments. Bal presents its fourth business responsibility report. The csr programmeprojects will not be for the benefit of employees or their family members.
Robust csr business connect for winwin and long term sustainability 5. Apart from our formal undertaking over the past years, we have conducted some informal csr activities also. A by bajaj auto csr donations under section 5 schedule vii of the companies act, 20 bajaj group has undertaken various philanthropic and social work, besides providing financial support to many worthy causes, details of which are given in the annual report on csr activities. Corporate social responsibility csr is a buzzword worldwide. Bajaj has created a positive impact across the globe. Bajaj auto limited is an indian global twowheeler company and threewheeler manufacturing company based in pune, maharashtra. Additionally, there are certain projects that required a 23 year implementation timeframe for a. However, the principle implementer of our csr activities would continue to be our foundation sundesh, supported by dabur foundation and dr. Applicability and effective date this policy provides the framework for csr programme of bajaj corp ltd. Bajaj auto has been working with jankidevi bajaj gram vikas sanstha jbgvs on this for a long time and has now expanded the size and scope. Annex to directors report 3 annual report on corporate.
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