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Corporate Social Responsibility at Godrej

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Corporate Social Responsibility at Godrej CORPORATE SOCIAL RESPONSIBILITY AT GODREJ CORPORATE SOCIAL RESPONSIBILITY AT GODREJ Made By; Ankur Dixit Brijesh Yaduvanshi Hitesh Kumar Himanshu Gandhi Sanchit Sharma INTRODUTION In 1897- Ardeshir Godrej gave up law and turned to lock making. Brother Pirojsha Godrej carried further. Pirojsha laid the foundation for the sprawling industrial garden township now called Pirojshanagar in the suburbs of Mumbai. Presently exporting their products to 30 countries. Adi Godrej is the current Chairman of the Godrej Group. Godrej & Boyce Mfg. Co. Ltd. is headed by Mr. Jamshyd Godrej. The Group revenue was approximately US$ 1.7 billion in financial year 06/07. Godrej Locks is the flagship company of the group. GODREJ PRODUCTS REFRIGERATOR ELECTRONIC SYSTEM MICROWAVES HOME SAFES AIR CONDITIONERS HOUSEHOLD CARE HOME FURNITURE MARINE PRODUCTS OFFICE FURNITURE FIRE DOORS LOCKS ENTRANZAD OORS HAIR CARE PHYSICALS ECURITY PRO CURRENCY HANDLING SOAPS,TOILETRIES Views of Adi Godrej on CSR Our founding fathers, my grandfather and his elder brother, founded the group on two principles. One was economic freedom for India. The other was trusteeship and we have continued this trusteeship legacy. We feel that giving back to society is extremely important. We have received a lot from society. We have received a lot from our customers. We have received a lot from our stakeholders. CORPORATE SOCIAL RESPONSIBILITY AT GODREJ In 1920, founder Ardeshir Godrej gave a donation of Rs. 3 lakhs to the Tilak Swaraj Fund ± then considered a princely sum ± for upliftment of the downtrodden. His gesture of philanthropy grew into Godrej corporate policy.. Godrej has a philanthropic arm that has built schools, dispensaries and a residential complex for their employees. Trusts established by Godrej continue to invest in education, healthcare and upliftment of the underprivileged. 25% of the shares of the Godrej Group¶s holding company Godrej & Boyce are held in a trust that invests back in the environment, healthcare and education. In addition, all the companies have CSR programs directly connected with their businesses such as adopting neighbouring villages, promoting malaria eradication programs in our household insecticides company, and encouraging our employees to donate their managerial capabilities and time for socially beneficial activities. Pillars of CSR Initiatives Healthcare Education Environment AIDS Awareness Udyachal Mangroves Schools Initiative Godrej Memorial Green Business Teach for India hospitals Centre's G odrej Memorial Hospital 35,000 patients and 3,128 surgeries. Quality healthcare services at an affordable cost in a rational and ethical manner. 100 free cleft surgeries in association with the Smile Train Project. Free well-equipped cardiac ambulances to attend to medical emergencies in a 10 km zone CONCLUSION The Godrej Group is today one of the most accomplished and diversified business houses in India. Godrej¶s success has been driven by the company¶s commitment to delivering innovation and excellence while giving back to the society. The philanthropic activities by the chairman Mr.ADI GODREJ and other family members even before the word CSR was known has made the Godrej group one of the most trusted business house in India. Today the group holds an example of ethical and most transparent group of business who is concerned not only to maximize shareholders value but at the same time invests responsibly in social and environmental welfare. .
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