The CSR Policy at DCM Shriram is a reflection of its commitment to engage and work closely with the Community and Society. The programs and projects under the policy are designed to contribute towards social development and will be implemented meticulously to make a positive contribution and impact. The CSR Policy is as under:.
The CSR Policy at DCM Shriram is a reflection of its commitment to engage and work closely with the Community and Society.
The programs and projects under the policy are designed to contribute towards social development and will be implemented meticulously to make a positive contribution and impact.
The CSR Vision, Policy and programs are overseen by the Board of the Company through its CSR Committee and supported by a team of professionals with a deep passion towards societal development.
DCM Shriram believes in designing its CSR initiatives in line with the priorities of the Government and needs of the local Community. CSR Projects will be aligned with the requirements of Schedule VII of Section 135 of the Companies Act 2013 as applicable from time to time.
a. Promoting Education & Livelihood enhancement –The Company’s endeavor is to support and promote education activities at the primary, secondary and higher & vocational level. Company will also focus on supporting the needy children with special focus on Girl Child. Initiatives are envisaged for setting up and supporting Institutes of higher learning, upgradation of facilities in Schools, colleges, & providing scholarships to meritorious children.
The Company’s focus is to provide livelihood in a sustainable manner through formation of Self help women’s group, Farmer’s group, Agriculture Development & Farm focus through Company’s various development programme.
The Company will endeavour to invest the requisite amount in the CSR activities as prescribed under the Company’s Act & Regulations. Budgets will be approved by the Board and proper tracking will be done as per the rules.
Any surplus arriving out of the CSR initiatives will not be used for the business of the Company and will be reinvested further towards its CSR Programs.
Projects will be undertaken either In-house (within the Company or through Trusts) or in partnership with recognised NGO’s,Trusts or other accredited agencies.
All projects will be assessed under an agreed strategy and monitored & measured against the targets and budgets periodically. Wherever required, projects will be reoriented depending upon the need.
The CSR Committee of the Board will formulate the rules and guidelines to undertake various CSR activities. Suitable personnel at the Corporate & unit level will be placed to execute and manage the activities in line with the vision of the Company.
The Company’s CSR engagements will be disseminated on its website, Annual report, In – House Newsletter & through media.