Professional Documents
Culture Documents
Kansari Nerolac
Kansari Nerolac
KARMAYOG
4/15/12
4/15/12
List of Topics:
Sources of Information for rating. period for the study. Criteria: Necessary, Sufficient, Negative. of Ratings. Nerolac Paints Ltd.
Time
Rating
Comparison Kansai
4/15/12
4/15/12
The
Financial
accounting
period
for
most
If the Financial accounting period of a company is different (e.g. year ending September 2009, December 2009, June 2010, etc.), this has been mentioned accordingly in the individual CSR profile of each company.
4/15/12
4/15/12
Necessary parameters that make a company eligible for a particular rating level Necessary Criteria
If undertaking any CSR Activity
Explanation
CSR activities that cover any kind of social, developmental or community work CSR activities that aim to accordingly improve processes and products of the company.
Rating Level
Level 1
If CSR is also linked to reducing the negative impacts of companys own products or processes If CSR initiatives are also for the local community If CSR is also embedded in the business operations If innovative ideas and practices are also developed for CSR
Level 2
CSR activities that are focused on those who are affected directly by the company CSR activities that form a part of the daily business activities of the company. CSR activities that enable sustainable and replicable solutions to problems faced by society.
Level 3
Level 4
Level 5
B) SUFFICIENT CRITERIA
4/15/12
If the company is doing this, they automatically get this rating at least
Sufficient Criteria What this means Rating Level
Company fulfilling basic needs of societyThe products and services of the companyLevel 1 through its products or services e.g. providingare useful and benefit society financial services The CSR activity being undertaken by theLevel 1 Unique CSR activity which would not otherwisecompany is helpful to government, NGOs, happen e.g. Developing a mapping and trackingothers, in tackling issues of society software for adoption in India Company helps to reduce the negative impact ofCompanys products or services provideLevel 1 other companies e.g. A company that makessolutions to mitigate harm caused by actions of companies, their products, etc. water purification & waste recycling systems Company is committed to measuring andLevel 1 Company adopting the GRI Framework forreporting its CSR initiatives as per a CSR reporting voluntary globally accepted framework. Company is committed to a minimumLevel 2 Companys annual expenditure on CSR= 0.2%expenditure on CSR annually, and thus considers CSR as an integral part of its of sales, minimum business
C) NEGATIVE CRITERIA THAT USUALLY DETERMINE THE MAXIMUM 4/15/12 POSSIBLE RATING Companies in this category will not normally get a higher rating than the one shown Negative Criteria Reason Rating Level
Companies that make liquor, tobacco, These products are not needed by society, and cause Level 0 genetically engineered / modified crops harm to people and the environment. The best CSR to do is to stop making these products. Companies that violate laws/rules/regulations CSR is not limited just to how a company spends its Level 1 money, but also to how it makes that money in the first place Processes that severely damage the environment Level 1 require extraordinary efforts by the company to reduce and repair the damage, and require greater contributions to benefit society This indicates that the company does not take CSR One Level less seriously enough to be engaged in CSR initiatives than the every year, building on these, and reporting progress. previous years rating
Companies that report the same CSR activities (even, verbatim) as for previous years
4/15/12
Comparison of Ratings: 2007 - 2010 Level 0 Level 1 Level 2 Level 3 Level 4 Level 5 2007 221 93 144 38 4 0 No. of companies 2008 173 118 161 38 10 0 2009 128 147 146 66 13 0 2010 113 148 161 66 12 0
C o m p a ris o n o f C S R R a tin g s 2 0 0 7 -2 0 1 0
250 200 No. of companies 150 100 50 0 2007 2008 2009 2010 Y e a r o f C S R ra tin g s
4/15/12
L e ve l5
L e ve l4
L e ve l3
L e ve l2
L e ve l1
L e ve l0
Companies with a Level 4 rating are: Ballarpur Industries HDFC Infosys Technologies Jubilant Organosys Kansai Nerolac Larsen and Toubro Mahindra and Mahindra Moser Baer Tata Consultancy Tata Steel Titan Industries Wipro
4/15/12
4/15/12
4/15/12
Year of Establishment 1920 Regt. Office Location= Mumbai No. of Employees= 2148 Industry Category= Paints Sales in Crore = 1845 Profit Before Tax = 239 Cr. Recommended CSR 0.2%= 4 Cr.
4/15/12
CSR Areas
LIVELIHOOD CREATION, EDUCATION, HEALTHCARE, RURAL DEVELOPMENT, SENIOR CITIZENS, WATER
CSR Rating 2010= 4 CSR Rating 2009= 4 CSR Rating 2008= 4 CSR Rating 2007= 3
Financial
help
was
given
to
Jeevan for
Sandhya residents
Mangalya
Sansthan
Trust
Underprivileged
4/15/12
to the for eteaching aid projects for vernacular schools in Maharashtra Donation was provided to Kherwadi Social Welfare Association(KESWA) Snehalay Trust Distribution of School Bags at Jainpur A water tank of 1000 litres was provided for the school kitchen along with a water pipleline with 4 water taps. A 500 litres water tank has been fixed for providing toilet facility for children. Floor leveling of the main gate of the school has been done, thus helping to lock the gate properly and there by improving safety
Participation in AIDS Awareness Camp by Bawal Support for Health Camp for Senior Citizens by Lote Factory Medical Camps at Depots Thalassaemic Children Welfare Association Udaipur based Narayan Seva Sansthan Trust received donations from the organization towards surgery of handicapped children affected by Polio. This has enabled the affected patients to get treated and make them physically capable to walk on their feet. Financial assistance was provided to ENT Charitable Trust towards treatment of
Healthc Free Medical Health Check Up Camp at Jaipur are Eye Camp organized by Perungudi Factory
4/15/12
had by
approached us for helping them in their social cause of increasing awareness aware of about environment aspects displaying Environment related boards to make people environment such as hazards of using plastic, waste management. Chipluns Navkonkan Education Society had
requested for providing financial assistance for creating awareness on environmental aspects by displaying the board on Mumbai Goa Highway for
4/15/12