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Person going from one side of the canyon to the other a lot of clouds like fog. The point is going from one way of doing business to another is very tough. Theres a lot uncertainty. It takes a lot of skill, but we have to lift ourselves beyond that, above the fog, and thats not going to be a simple exercise. CSR is about seeing the forest, the fog, and seeing how we can get on the other side, and how we can be well-equipped for doing that. So probably we need to develop additional skills, knowledge, and understanding.
The message is that whatever we do today will have an impact on future generations. Its not just my kids or your kids or somebody elses. Its future generations. We should not hope that the walls we build to protect ourselves will be tall enough to protect our children. Only with very conscious effort we can make the world for them a better place to liveeven if we address our most selfish needs we have to address the needs of the next generation. Thats what CSR is about.
Definition
Achieving commercial success in ways that honour ethical values and respect people, communities, and the natural environment
Drivers of CSR
The shrinking role of government Demands for greater disclosure Growing investor pressure Competitive markets
Benefits of CSR
Strengthened brand positioning. Enhanced corporate image. Increased ability to attract, motivate, and retain employees. Increased sales and market share. Increased appeal to investors and financial analysts.
CSR EXAMPLES
IBM UK - Reinventing Education Partnership programme Interactions and sharing of knowledge through a web-based technology - the Learning Village software. Culture of openness and sharing of good practice AVON - a partnership with Breakthrough Breast Cancer, and its Breast Cancer Crusade has raised over 10 million pounds since its launch 12 years ago TOIs Lead India campaign, campaign for contribution towards educating the poor
overview
Amul (Anand Milk Union Limited), formed in 1946, is a dairy cooperative movement in India. It is a brand name managed by an apex cooperative organisation, Gujarat Co-operative Milk Marketing Federation Ltd. (GCMMF), AMUL is based in Anand town of Gujarat and has been a sterling example of a co-operative organizations success in the long term. It is a state level apex body of milk cooperatives in Gujarat . It aims to provide remunerative returns to the farmers and also serve the interest of consumers by providing quality products which are good value for money.
Contd.
Members: 13 district cooperative milk producers' Union No. of Producer Members: 2.79 million No. of Village Societies: 13,328
Contd
1st tier :- co-operative society at the village, of which; milk producers are voluntary members. They purchase milk form member & sell it to the district level co-operative. 2nd tier :- The district co-operative that processes milk into milk products, markets locally & sells surplus to the state co-operative for national & international marketing. There are 12 district cooperatives managed by a 15 member board elected by nominated representatives or chairmen of the village co-operatives. 3rd tier :- The state level co-operative - the Gujarat Co-operative Milk Marketing Federation (GCMMF) responsible for national and international marketing of milk and milk products produced and sold to it.
Contd
It encompasses the entire chain from production of raw material to reaching the consumer with the end product. Accumulation of human capital is important for the development and growth of any enterprise or economy. It believes that technology and capital are replicable inputs but not the human capital. They aim to provide remunerative returns to farmers and members. When the 2001 Gujarat earthquake struck, the Amul Relief Fund donated 50 million Indian rupees to reconstructing schools.
The Trust reconstructed 6 schools damaged by the above earthquakeat a cost of Rs. 41.1 millions in Kutch area.
COMPANY PROFILE
Founded:1976, Bombay, India Founder : Anil Agarwal Headquarter : London, United Kingdom Employees:30,000 (2010) Products:Copper, Aluminium, Zinc, Lead, Gold, Iron ore,Metallurgical coke and Petrolium Revenue :US$7.873 billion (2010) Operating income : $1.653 billion (2010) Profit: $598 million (2010) Total assets: $23.887 billion (2010) Total equity: $11.357 billion (2010)
GROUP STRUCTURE
CSR
SUSTAINABLEDEVELOPMENT ENVIRONMENT HEALTH AND SAFETY PEOPLE OUR COMMUNITIES
CONT..
Work in progress for a) the 350-bed Vedanta Cancer Hospital & Research Centre at Raipur in Chhattisgarh and b) the Vedanta Hindustan Zinc Heart Hospital at Udaipur in Rajasthan 13,840 acres of land brought under cultivation and watershed covering 17,425 farmers Veterinary services benefiting 456,581 cattle 27,100 women enrolled in 2,050 self-help groups with cumulative savings of Rs. 63.4 million 100 villages covered under the Integrated Village Development Programme A CSR Advisory Board in Orissa comprising eminent personalities to guide and periodically assess CSR performance CSR investment over five years of Indian National Rupees (INR) 463.6 crore (US$100.7 million). Our teams of 77 full-time development personnel, 342 community co-ordinators (who are natural leaders from the same communities) and 111 NGO and government partners have made our endeavors tremendously successful, resulting in rich dividends.
AWARDS
Construction Industry Development Council(CIDC), Viswakarma Award for Social Responsibility, 2010,BALCO Wockhardt Foundation, India Shining Initiative, "Best CSR in Mining Sector" award, 2010, Sterlite Industries (I) Ltd Bombay Stock Exchange, Runners up for Best Corporate Social Responsibility Practices,2010, Sesa Goa CII - National Award for Excellence in Water Management, 2009, HZL Ms Dhanalaxmi and Ms Maria Ponnammal of the Sterlite Women Empowerment Project, 2009, received the National Virtual Academy Fellowship award from the M.S. Swaminathan Research Foundation The CSR Green Triangle Award, 2009, Sesa Goa The Asian CSR Award, 2008, in the Poverty Alleviation category, HZL Business Leader: Fighting Malaria by the Ministry of Health and Zambia Association of Chambers of Commerce and Industry, 2008, KCM Golden Peacock CSR Award, 2008, HZL and BALCO Golden Peacock Global Award for CSR Reporting, 2008, Vedanta Resources plc FICCI Award for Rural & Community Development, 2008, HZL CII-ITC Sustainability Award, Commendation for Strong Commitment, 2008, to SIIL and Sesa Goa Think Odisha Leadership Award, 2008, made jointly by Tefl and Times of India Group for best CSR Practicing Company, VAL Jharsuguda Pegasus Gold CSR Award, 2008, HZL First Prize for Corporate Social Responsibility, for Sesa Goa Ltd by the Inspectorate of Factories and Boilers, Government of Goa, Government of India and Green Triangle Society, Goa St Johns Ambulance Award, 2008, VAL, Lanjigarh National Sustainability Award by Indian Institute of Metals in Pig Iron & DR Plant Category, 2008, Sesa Industries Ltd State Level Bhamashah Award for five units of HZL Nirmal Gram Puraskar, 2008, to Sukhawara Panchayat, of CLZS, HZL and BALCO for Sanitation Project by the President of India
THANK YOU!