CORPORATE SOCIAL RESPONSIBILITY
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CORPORATE SOCIAL RESPONSIBILITY
We believe that Corporate like us can contribute a lot by supporting the existing development agencies and can bring a massive change in the socio-economic condition of present society. Keeping this in mind and the social cause in heart, Viraj Profiles Pvt. Ltd started Viraj Charitable Trust in 2002 to carry out various social and educational activities. Peripheral villages are focused on several non-profit programmes and initiatives for upgrading the existing situation of Education, Health, Employment, Environment and Infrastructure. All the development projects are being planned and implemented involving local people, PRI institutes and their representatives under continuous monitoring by the company management.
Details of various CSR activities, undertaken by Viraj Profiles Pvt. Ltd can be seen at:
At Viraj Profiles Pvt. Ltd, we believe that society is one of our key stakeholders. We value Corporate Social Responsibility as doing business in a way that provides social, economic and environmental benefits to the communities and geographies in which we operate. It is in reciprocation of their support that we willingly share our success with them. To encourage a positive change impacting various stakeholders like the environment, consumers, employees and community, our corporate social responsibility projects focus on key areas such as health, education, environment, women empowerment and other social causes. Our CSR activities focus on reaching out to the poor and underprivileged section of society and helping them shape up a better and more sustainable society. We strongly believe that these activities benefit society by bringing a positive change in the lives of people.
Poor quality of education, rising health problems, lack of employment, lack of basic infrastructures like school and hospital buildings are a few prevalent issues in rural India. Seeing this reality in our surroundings, as a responsible corporate, we have started intervening in these social issues along with our business units. We are consciously working towards abolishing these problems to bring holistic and sustainable development in needful and deprived areas surrounding our plants/units.
Scope of CSR Activities-
- To direct Viraj Profiles Pvt. Ltd CSR programme towards eradicating poverty, hunger and malnutrition, promoting health care and sanitation and making safe drinking water available;
- To promote education, including special education and provide vocational training especially amongst men, women and the differently-abled people to enhance employability and generate livelihoods;
- To promote gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old-age homes, daycare centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
- Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, the conversation of natural resources and maintaining the quality of soil, air and water;
- Protection of national heritage, art and culture, including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts;
- To provide training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports;
- Contribution to the Prime Minister National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women;
- Contributions or funds provided to technology incubators approved by the Central Government and located within academic institutionsÂ
- Rural development projects like plantation drive, support for strengthening community infrastructure, provision of solar lights in the villages;
- Measures for the benefits of armed forces veterans, war widows and their dependents
Source Of Funds-
The funds shall be provided to the CSR committee by the Board of Director’s approval for conducting programs of CSR as detailed under the CSR activities. The Board of Directors shall allocate funds for CSR activities considering the following:
- At least 2% of the average Net Profit made by the company during immediately preceding three Financial Years;
- Any income arising therefrom;
- Surplus arising out of CSR activities carried out by the company will not be part of the business profit of the company
Monitoring-
The CSR department will provide a regular progress report to the CSR Committee of the Board at least once a quarter. This report would indicate:
- Progress report / during the last quarter in terms of coverage compared to the target and reasons for variance.
- In respect of activities undertaken through outside Trust/Society/NGO's etc., there will be the mechanism of quarterly and annual reporting of progress on each activity and the amount incurred thereon.
The Board shall seek a short progress report from the CSR Committee on a quarterly and annual basis.
Focus Areas ---
- ENVIRONMENT
- WOMEN EMPOWERMENT
- INFRASTRUCTURE DEVELOPMENT
- CLEANLINESS
Vision ---
- To positively contribute towards social, economic and environmental development and well-being of the communities in which we operate through Corporate Social Responsibility (CSR) programmes.
Mission ---
- To develop the right ambience and sound infrastructure for facilitating basic education for all and to provide financial aid to the needy students.
- Empowering women by providing them vocational training and help them set up their own business.
- To ensure good health of the people in the surrounding areas by organizing medical camps in the vicinity and by providing free medication wherever possible.
- To focus on Energy Efficiency in factories by deploying Eco-friendly processes to create minimum carbon footprint.
- To facilitate assistance in developing Community Infrastructure.