CSR Policy

 

”THE CORPORATE SOCIAL RESPONSIBILITY POLICY”

THRIVENI EARTHMOVERS PRIVATE LIMITED

Introduction:

In accordance with the requirements spelt out in Section 135 of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014 promulgated by the Ministry of Corporate Affairs, the Company’s chart their CSR Policies.

Our CSR Policy:

For Thriveni, reaching out to the under privileged communities is part of our DNA. Our policy hovers round the Livelihood, Health care, Education, Infrastructure and quality of life of under privileged community of the society we touch. We strive for a sustainable and all inclusive development policy for the weaker section of the society and thus raise the Human Development Index of the nation.

 Implementation process: Identification of projects

All projects are identified in a participatory manner, in consultation with the community, literally discussing with them and ascertaining their basic needs. We resort to the participatory rural appraisal mapping process. Subsequently, based on a consensus and in consultation with the village panchayats, the projects are prioritized.

The focus areas those have emerged are Education, Health Care, Sustainable livelihood, Infrastructure Development, espousing social causes including the activities specified in the Schedule VII of the Act.  All our community projects/programs are carried out under the aegis of Thriveni Earthmovers Private Limited (TEMPL).

In Education front our endeavor is to spark the desire for knowledge acquisition at every stage through informal schools & Balwadis for elementary education, through Thriveni Public School for quality education. We emphasize Girl Child education and adult education in addition. In certain cases the entire expenses of infrastructure, school uniform, books, school transport, mid day meals , Teacher’s Salary etc are borne by Thriveni.

In Health care our goal is to extend quality health care facilities to people living in the surroundings villages, through our Hospitals. Our Primary health care centers, Old Age Home projects, Health Help Desk for District Hospital, financial support for medical equipment to hospitals, Polio Immunization and malaria eradication program , Patient’s attended meal scheme and  remote location medical camps are few of our initiatives in this regard.

In Sustainable Livelihood we aim at providing livelihood in a locally acceptable and environmentally sustainable manner through, Security Academy, women SHG, Vocational training, honey bee culture, vegetable farming etc

In Infrastructure Development we strive to set up essential infrastructure services that form the core of a sustainable development. These infrastructure facilities include housing, safe drinking water, sanitation & hygiene renewable energy facilities etc•

To bring about Social Change, we advocate and support burning issues like, dowry less marriage, widow remarriage, drinks de-addiction program, AIDs, Dengu and Malaria Awareness programs etc. The Company prioritizes and undertakes the activities as specified in Schedule VII of the Act, for long-term sustainable development of the society around us.

Activities, setting measurable targets:

Time-frames and performance monitoring

 

Prior to the commencement of our projects, the Company under takes a baseline study of the villages. The study encompasses various parameters such as – health indicators, literacy levels, sustainable livelihood processes, and population – below/above the poverty line, available infrastructure and facilities. From the data so generated, rolling plan is developed for the holistic and integrated development of the area. All projects/ programs are assessed under the agreed strategy, and are monitored either quarterly or half-yearly against targets and budgets.  Wherever necessary, midcourse corrections are effected. The surplus arising out of the projects/ programs are reutilized in other ongoing projects.

Organizational mechanism: responsibilities

 

The company’s vision has been promulgated by its Managing Director,      Mr. B Prabhakaran.   The CSR Apex Committee at the Board level includes:

 

· Mr. B Prabhakaran, Managing Director

· Mr. B. Karthikeyan, Executive Director

· Mr. V. Saktivel,       Director (Finance)

 

 

The professional teams of CSR officials at unit level are responsible for the execution and implementation of the CSR policy of the company

 

Partnerships

 

Collaborative partnerships are formed with the Government Departments, the District authorities, the village panchayats, NGOs and other like-minded stakeholders.   This helps widen the Company’s CSR reach and consolidates on the collective expertise, wisdom and experience that these partnerships bring along.

 

The Company also engages with well-established and recognized institute at national level, such as the CII, FICCI, and ASSOCHAM for exchange of ideas.

 

Budget

 

A specific budget is allocated for CSR activities every year.  This budget is project driven. However, the management is ever willing to additionally finance any social cause which is worth taking up.

 

Information dissemination

 

The information on Company’s engagement in CSR domain is disseminated on its website, Annual Reports and in-house journals.

 

Management Commitment

 

The management and staff of Thriveni subscribe to the philosophy of care, compassion and emancipation of the people and society we touch. We believe, strive and aspire for the sustainable all round growth of our surrounding areas, we operate in

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