Corporate Social Responsibility (CSR)
SALPG actively works towards building a safe, secure, and sound society.
Energizing Communities with Purpose and Care
At SALPG, it is one of our core duties to give back to the community where we operate. We strive to provide the community with devices that bring substantial change and preserve the natural state of our environment. So far, SALPG has helped build schools and skill development centres for women and children, improved public healthcare, and funded clean energy projects in the community. We also conduct road safety awareness rallies, beach clean-ups, medical camps, blood donation camps, and other volunteering events to encourage community growth. Our commitment lies in shaping a better tomorrow for every individual and community, with access to sanitary living standards, nutritious food, clean water, and affordable healthcare.
Our CSR Vision
Corporate Social Responsibility (CSR) means responsible business practices through the involvement of all stakeholders in the decision-making process and in operations. SALPG (the Company) strongly believes that an organization should make decisions based not only on financial factors, but also on the social and environmental consequences. Therefore, it is the core corporate responsibility of the Company to practice its corporate values through its commitment to grow in a socially and environmentally responsible way, while meeting the interests of its stakeholders and with an intent to make a positive difference to society. The Company constantly strives to ensure strong corporate culture which emphasizes on integrating Corporate Social Responsibility (CSR) values with business objective. It entails having business policies that are ethical, equitable, environmentally conscious, and socially inclusive.
Our CSR Mission
The Company strives towards becoming a socially responsible corporate entity with a thrust on Community development, and education through sustained business conduct. The Company is committed to the philosophy of compassionate care and endeavors to act on an ethos of generosity and compassion, characterized by a willingness to build a society that works for everyone.
Sustained CSR initiative
With intentions of giving back to society, SALPG organizes various activities for community development as a part of its sustained CSR initiatives.
Aligning with the company’s vision, mission, and values, our CSR initiatives are focused in these areas:
- Quality education for underprivileged children, especially girl students.
- Equitable healthcare for the economically backward community.
- Skill enhancement projects for rural population.
- Rural development projects.
Sustained CSR initiative
The purpose of this policy is to articulate what CSR means to the Company, kind of projects to be undertaken, identifying broad areas of intervention, approach to be adopted to achieve the CSR goals and monitoring mechanism. The framework enables to put in place policies and practices in line with this policy. This document is an attempt to showcase the linkage of our social objectives with business strategy.
The CSR policy has been developed in consonance with Section 135 of the Companies Act, 2013 (referred to as the Act in this policy) on CSR and in accordance with the CSR rules (hereby referred to as the Rules) notified by the Ministry of Corporate Affairs, Government of India in 2014. The Policy shall apply to all CSR projects/programs undertaken by the Company in India as per Schedule VII of the Act.
In line with the Company’s vision, values and mission, the Board of Directors have identified the following core areas for CSR. :
Promoting preventive health care and sanitation.
Promotion of Education (especially amongst children, women, elderly and differently abled) Including special education and employment enhancing vocation skills and livelihood enhancement projects.
Setting up homes and hostels for children and orphans; setting up old age homes, day care centers 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, conservation of natural resources and maintaining quality of soil, air and Water;
Skill enhancement projects especially for rural population
To undertake or to contribute for rural development projects; Heritage buildings
- To contribute to other approved Funds undertaking activities and efforts in the aforesaid areas (as may be approved from time-to-time, in this regard).
The CSR corpus for the purpose of carrying on the aforesaid activities shall be arrived at on computation of two percent of the average net profits calculated in accordance with the provisions of Section 135 of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014. Any income arising there from and surplus generated from CSR projects undertaken by the Company shall be tracked and channelized into the CSR corpus. These funds shall be further used in development of the CSR projects and shall not be added to the normal business profits. The CSR Committee shall recommend the project wise annual budgeted expenditure to the Board for its consideration and approval. The CSR Committee shall monitor the project expenditure
The Company shall strive to implement the aforesaid CSR activities on its own to the extent possible. At the same time, the Board recognizes the need to work in partnership with other agencies, charitable trusts specified under the CSR Rules. This would include.
This would include-
Collaborating with various organizations which are registered Trusts or Section 25 or Section 8 under the Companies Act or registered Societies that specialize in the aforesaid activities.
Collaborating or pooling resources with other companies to undertake aforesaid CSR activities.
CSR Projects
Project Skill Development
MOU was signed between SDI Visakhapatnam and SALPG on 17th May 2023 with a commitment of Rs 50 lakhs (Rs 5 million) a mutual collaboration between companies for skill training initiatives under SALPG CSR PROGRAM. The Project will encompass skill development training programs for unemployed youth in two categories – Fire and Safety and Oil & Gas Pipe Fitter program
Project “SAGARA TEERA SWATCHATA - Keep Vizag Beaches Clean”
The Swachh Bharat Abhiyan is the most significant cleanliness campaign by the Government of India. SALPG joins the state administration to administer and monitor the Beach Clean Up program, indirectly helping the city to remain clean and hygienic.
Project women educational needs - Girls Hostel Block for Andhra University Engineering College for Women
Educational needs and solving sociological problems of the region. SALPG funded construction of hostel block at Collage of engineering for women. Andhra university, Visakhapatnam.
Project: Blind free zone – door to door -Eye checkup campaign
The project aims to fund Blind free zone by screening of door-to-door eye checkup and Financing cataract surgeries – Yarada Village
CSR COMMITTEE MEMBERS
Mr Anuj Kumar Jain
Executive Director (Inc-LPG), HPCL
Mr. Olivier Sabrie
Chairman & Managing Director, TotalEnergies Marketing India Private Limited
Mr. Naveen Makheja
Chief Executive Office and Managing Director SALPG