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010 Antariksh Ethics
010 Antariksh Ethics
Submitted to:
Mr Biswanath Swain
Submitted by:
Antariksh Shahwal
2015PGP010
IIM Sambalpur
Abstract:
Corporate social responsibility has become a buzzword for the organizations today.
The Ministry of Corporate Affairs has notified Section 135 and Schedule VII of
the Companies Act 2013 as well as the provisions of the Companies (Corporate Social
Responsibility Policy) Rules, 2014 to come into effect from April 1, 2014.With effect
from April 1, 2014, every company, private limited or public limited, which either has
a net worth of Rs 500 crore or a turnover of Rs 1,000 crore or net profit of Rs 5 crore,
needs to spend at least 2% of its average net profit for the immediately preceding
three financial years on corporate social responsibility activities. The CSR activities
should not be undertaken in the normal course of business and must be with respect to
any of the activities mentioned in Schedule VII of the 2013 Act. Contribution to any
political party is not considered to be a CSR activity and only activities in India would
be considered for computing CSR expenditure.
Corporate social responsibility is not a science subject to immutable rules. It
is a culture of relationships. This reports, attempts to study corporate social
responsibility with special reference to Tata Power. For the Tatas maintaining higher
standards of Corporate Social Responsibility in norm.
integrating its business values and operations to meet the expectations of its
stakeholders, communities, ranging from those villages around its plants to those
employed by its contractors and suppliers, are key stakeholders and Tata power is
committed to ensuring that they benefit from the companys presence in their
neighborhood, based on the guiding philosophy with which Tata Power approaches its
CSR, the CSR vision and mission has been outlined.
Corporate Social responsibility Policy of Tata Power: Tata Power has always
ensured the social wellbeing of the communities in the vicinity of its business
operations through corporate social responsibility initiatives in alignment with Tata
Group Focus initiatives.
Tata Power has engaged with the community by undertaking the following principles
and activities:
Consult pro-actively with the community and other key stakeholders for
understanding needs and designing initiatives for the social well-being of the
community.
and
government
institutions etc.
Undertake CSR activities with the aim, that over time these
become
self-sustainable.
Tata Power started off over thirty years ago with eco-restoration and eco-development
programs in its area of operation in the Western Ghats, particularly in the catchment areas of
the lakes in Mawal and Mulshi Talukas. Since then, over 70 lakh saplings of 60 tree species
have been planted in the area.
A green belt of about 1 lakh trees has been raised around the Trombay Thermal power plant
and nearby hillsides.
3. Pollution Control
Over Rs.100 crores have been invested on pollution control equipment at the Trombay Thermal
Power Plant.
4. Environment Education
Tata Power has taken a lead in this direction.
o The other Focus Areas of Tata Powers CS Action Plan are in alignment with
the UNs Millennium Development Goals (MDG).
1. Education
Tata Power has built, repaired and renovated schools annually and created new
infrastructure for progressive education. Facilitated the girl child getting access to
primary education, which results in continuing secondary education, paving the path
for the girls empowerment in society.
Till date the Company has built over 65 primary schools, 4 high schools, 20 rooms for
teachers, repaired and renovated many schools. Tata Power also manages two schools
in the Mulshi and Maval Talukas up to Std VII and XI respectively.
Tata Power conducts Vocational Training in technical courses and other skills like
Horticulture, Bamboo Crafts, Paper Mashie, Tailoring, etc. that facilitate the youth
either to gain employment or be self-employed.
2. Healthcare
2.1 Medical Camps
Tata Power are the partners in the Polio Immunization Drives of the Government by
providing the necessary infrastructure to conduct the Drives.
In 2003, the Life Line Express medical camp spanned across 40 days and catered to
10,692 patients from the remotest villages in the Mulshi and Maval Talukas.
The total number of cataract surgeries to date is 3,229.
2.2 Improving Maternal Health
The first initiative taken by Tata Power in this area was distribution of oral
contraceptive pills. This project was started at the Bhivpuri Family Planning Centre in
1966 along with Pathfinders.
With the introduction of laparoscopic method of female sterilization, Tata Power
renewed its efforts and started 5 Government approved centres (3 rural and 2 urban)
for laparoscopic sterilization. 4103 sterilizations have been carried out to date.
2.3 HIV AIDS Awareness Programmes
HIV AIDS Awareness Programmes have been extensively held by a band of our
volunteers across Mumbai and hydro areas.
Philonthrpic
Ethical
Legal
Economical
Generation