FORE School of Management

PROJECT REPORT
CORPORATE SOCIAL RESPONSIBILITY

Submitted To :
Prof. Shallini Taneja

Submitted By :
GROUP 3 – FMG26 Section A
Jagrit Biswas (261025)

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 ACKNOWLEDGEMENT

We are indebted to various people, who directly or indirectly contributed in the development of
this work and who influenced our thinking, behavior, and acts during the course of study.

We are thankful to Prof. Shallini Taneja (Faculty, Fore School of Management) for her support,
cooperation, and motivation provided to us during the work for constant inspiration, presence
and blessings.

Lastly, we would like to thank the almighty and our parents for their moral support and our
friends with whom we shared our day-to-day experience and received lots of suggestions that
improved our quality of work.

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 TABLE OF CONTENTS

Introduction…………………………………………………………………………………………………………………………………………...4

Csr policy of engineers India ltd…………………………………………………………………………………………………7

Eil guidelines for undertaking csr activity…………………………………………………………………………………..8

Csr activities undertaken……………………………………………………………………………………………………………9
Csr financials……………………………………………………………………………………………………………………………11
Awards…………………………………………………………………………………………………………………………………….14
Conclusion……………………………………………………………………………………………………………………………….14

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 Executive summary

Every business enterprise must take responsibility and be accountable for the social and
environmental effects it has in its surroundings. Through this the concept of Corporate Social
Responsibility (CSR) emerged, paving a way for businesses to return back to the society from the
profits it earns.

This report describes initiatives on the part of a company to improve livelihood of people and
preserving environment at surroundings of its operations also go a long way in gathering
acceptance from local communities.

Main objective of the study to analyze the CSR Activities undertaken by EIL align with provisions
of New Companies Act, 2013 and to study role of BHEL in development of society through CSR
during 2014-15 and 2015-16.

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Introduction

India is a country of myriad contradictions. On the one hand, it has grown to be one of the largest
economies in the world, and an increasingly important player in the emerging global order, on
the other hand, it is still home to the largest number of people living in absolute poverty (even if
the proportion of poor people has decreased) and the largest number of undernourished
children. What emerges is a picture of uneven distribution of the benefits of growth which many
believe, is the root cause of social unrest. Companies too have been the target of those perturbed
by this uneven development and as a result, their contributions to society are under severe
scrutiny.

India`s new Companies Act 2013 (Companies Act) has introduced several new provisions which
change the face of Indian corporate business. One of such new provisions is Corporate Social
Responsibility (CSR). The concept of CSR rests on the ideology of give and take. Companies take
resources in the form of raw materials, human resources, etc. from the society. By performing
the task of CSR activities, the companies are giving something back to the society.

CORPORATE SOCIAL RESPOSIBILITY

The EC defines CSR as “the responsibility of enterprises for their impacts on society”.

The WBCSD defines CSR as “the continuing commitment by business to contribute to economic
development while improving the quality of life of the workforce and their families as well as of
the community and society at large.”

According to the UNIDO, “Corporate social responsibility is a management concept whereby

companies integrate social and environmental concerns in their business operations and
interactions with their stakeholders. CSR is generally understood as being the way through which
a company achieves a balance of economic, environmental and social imperatives (Triple-
Bottom-Line Approach), while at the same time addressing the expectations of shareholders and
stakeholders. In this sense it is important to draw a distinction between CSR, which can be a

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strategic business management concept, and charity, sponsorships or philanthropy. Even though
the latter can also make a valuable contribution to poverty reduction, will directly enhance the
reputation of a company and strengthen its brand, the concept of CSR clearly goes beyond that.”

There is no single accepted definition of CSR, each definition that currently exists underpins the
impact that businesses have on society at large and the societal expectations of them.

Here we try to examine Engineers India Ltd in terms of its overall CSR initiatives.

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Engineers India Limited (EIL) is a Navratna public-sector undertaking of the Government of
India under the Ministry of Petroleum and Natural Gas.

Founded 1965
Headquarters New Delhi, India

Area served Worldwide

Key people A N Deshpande, Chairman and Managing Director (Acting)

Net Income Rs.51504.05 Lakh.

Number of employees 3,000 (October,2017 Approx)

Website http://www.engineersindia.com

The Company is having CSR & SD Committee. Presently, the CSR & SD Committee comprises of five
Directors (out of which one is Director (Government Nominee) and two are Independent Directors) viz.
Chairman & Managing Director as Chairman, Ms. Sushma Taishete, Dr. (Prof.) Mukesh Khare, Ms. Shazia
Ilmi Malik and Director (HR) as the members of the Committee. Director (HR) is also the convenor of this
Committee.

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CSR POLICY OF ENGINEERS INDIA LTD.

The concept of CSR has been looked upon as closely linked with the principle of sustainable economic
development, which requires that organizations should make decisions based not only on financial
factors but also on immediate and long term social and environmental consequences of their activities.
Therefore, being a knowledge-based company, EIL has always been sensitive towards the concerns of
society and is committed to operating its core business in a socially responsible way by taking into
consideration the wider interests of the community and the environment.

The CSR mission of EIL have been guided by two elemental ideations, namely, the philosophy of
enhancing the educational, health and environmental environs of the society and towards
supplementing/supporting the ongoing and planned initiatives of the local, state or central government
with projects / programs being located in and around its work places which includes project sites,
regional and branch offices and the headquarters in New Delhi. The activities so undertaken are in
consonance and consultation with State Governments, district administration, local administration as
well as Central Government departments/agencies, Self-Help Groups, etc.

VISION
To enrich the lives of people through the process of social uplift-ment by promoting inclusive growth
and recharge environment through sustainable process.
OBJECTIVES
 To assist socially and economically weaker segments of society to overcome hardship and
impoverishment of stakeholders.
 To create community assets for the development of rural/urban society.
 To reinforce the positive & socially responsible image of EIL.
 To enhance increased commitment at all levels in the organization towards reinforcing the social
and environmental conscience.

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EIL GUIDELINES FOR UNDERTAKING CSR ACTIVITY

CSR Activity(ies) shall be taken in compliance with Clause (a) of sub section 3 of Section 135 of Companies
Act 2013 i.e. Schedule VII and DPE Guidelines. CSR Activity(ies) shall be preferably undertaken in and
around EIL project sites and offices.

Activity(ies) under CSR project shall generally cover the following:

a. Need Assessment
b. Modalities of Execution
c. Implementation Schedule
d. Modalities of Utilization of Funds
e. Monitoring/ Reporting Mechanism
f. Impact Assessment (if recommended by CSR Council)
CSR Activity(ies) shall be undertaken through various registered agencies, trusts, societies, companies,
autonomous bodies or government departments having established track record of 3 years in undertaking
similar projects or programs. The requirement of track record shall not be applicable to government
departments.

Budget allocation

2% of the average net profits (Profit before tax) made during the three immediately preceding financial
years as per Companies Act, 2013. The budget shall be non-lapsable. Any unspent amount/ unutilized
allocated budget in any financial year shall be carried forward to the next financial year for CSR
Activity(ies) only.

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CSR ACTIVITIES UNDERTAKEN

Education: EIL supported educational programmes for providing basic formal education to 60 children
belonging to underprivileged segment of society in Delhi/NCR and informal education for around 300
migrant children engaged at construction sites in Gurugram, Haryana. For imparting computer literacy
amongst children from underdeveloped areas in Delhi/NCR, a project titled ‘Computer Literacy to 136
Underprivileged Children’ was supported. Other major CSR activities in this area include construction of
compound wall at Municipal Primary School, Kasi Koil Kuppam, Thiruvallur, Tamil Nadu and support to
Nirmithi Kendra for construction of Government School Building in Kabennur, Dharwad, Karnataka.

Health Care: Significant initiatives in the health care sector include support towards installation of medical
equipment for project on ‘Breaking the barriers of poverty through reduction of disease burden’ for
underprivileged people in slums of Delhi and providing Mobile Medical Care Units for affording health
care services in villages of Odisha.

Drinking Water/Sanitation: EIL supported the construction/ maintenance of sanitation facilities in schools
of Assam, Bihar, Odisha and Tamil Nadu under Swachh Vidyalaya Project. The Company also supported
installation of RO plants at 6 locations of Kakinada, Andhra Pradesh and construction of 20 RO Plants in
Dharwad District, Karnataka.

Rural Electrification: EIL supported installation of more than 100 Solar Photovoltaic based LED Street
Lighting Systems each in Bhadohi and Shrawasti Districts of Uttar Pradesh.

Women Empowerment: Conducted a functional literacy programme for economic empowerment of 120
tribal women of Bolangir District, Odisha as well as skill training programme for 49 women inmates of
District Jail, Gautam Budh Nagar at Kasna, Greater Noida in Tailoring, Dress Making and Beautician trades.

Upliftment of underprivileged: CSR activities aimed at upliftment of underprivileged sections of society

include support for construction of first floor of ‘NAB Home for the Aged Blind’ at Dwarka, installation of
Solar PV Plant at Ramakrishna Mission Ashram, New Delhi and distribution of adult diapers among
bedridden and elderly patients residing across 30 slum areas of Delhi. The Company also conducted camps
for distribution of assistive aids and appliances to poor & needy Persons with Disabilities (PwDs) at

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Bhubaneswar, Bolangir, Paradeep Districts of Odisha & Dibrugarh District of Assam while another ten
camps are envisaged to be organized across EIL’s areas of operation. Another initiative in this area was
support for establishment of Vivekananda Centre for yoga, naturopathy and research at Delhi which is
under progress.

Community Development: Construction of RCC retaining wall / road side drains / Compound wall at
Yanam.

Vocational Training/Skill Centres: EIL supported training for employment generation and skill
development of 55 candidates belonging to SC, ST, OBC and BPL categories at Bharuch, Gujarat. The
Company also supported skill development training to 1600 candidates belonging to SC/ST/OBC Women
and EWS of society in Assam, Andhra Pradesh, Haryana, Uttar Pradesh, Madhya Pradesh and Jharkhand.
Similar training programmes were organized for 300 Persons with Disabilities (PwDs) in Assam, Gujarat,
Haryana, Karnataka, Rajasthan, Tamil Nadu and Telangana. EIL also supported the establishment of Skill
Development Institutes at Kochi and Visakhapatnam.

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CSR FINANCIALS
EIL average income for 2016-17 stands at Rs. 51504.05 Lakh.
Annual target expenditure as per Companies Act 2013: Rs. 1030.08 Lakh.
During the year 2016-17, CSR expenditure stood at Rs.1099.69 Lakh.
Total Spending on Corporate Social Responsibility (CSR) as percentage of profit after tax: 3.38% of profit
after tax during financial year 2016-17.

The projects undertaken by EIL under CSR are:

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AWARDS
 India Pride Award 2015-16 in the “CSR/Environment Protection & Conservation” category by
Dainik Bhaskar Group.
 Governance Now PSU Award 2016 for Corporate Social Responsibility.

CONCLUSION
EIL proactively participates in shaping the discourse on a wide spectrum of industry related issues. The
Company also leverages these platforms to espouse constructive deliberations in the areas of energy
conservation, sustainable development, corporate social responsibility etc, which facilitates the
advancement of public good. EIL has proactively invested in CSR activities more than what is demanded
of it as per schedule 7 of Company’s Act 135. This shows the level of commitment it has towards
developing the social structure of the country.

REFERENCES
http://www.engineersindia.com/corporate-social-responsibility/m-122
http://www.engineersindia.com/Common/Uploads/ContentTemplate/25_Down_CSR%20Policy%20201
7.pdf
http://www.engineersindia.com/Common/Uploads/ContentTemplate/38_Down_CSR%20expenditure%
202016-17%20to%202013-14.pdf

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