SPR’s Policy is to conduct its business responsibly, and improve the quality of life of people, especially in the society close to our area of operation, while creating long term value for all stake holders.
The above policy is applicable for all CSR projects/programmes undertaken by the company
The company has undertaken CSR projects and programmes listed in Schedule VII of the Companies Act, 2013 in the following areas:
Any other areas as approved by the CSR Committee/Board
Every year, the company is required to spend atleast 2% of the average net profits made by the company during immediately preceding 3 financial years.
Projects aimed at persons from disadvantageous background or persons who are differently abled have priority.
Based on the recommendation by the CSR Committee to the Board every year, the Board considers and approves the CSR Plan for the year.
Any surplus arising out of CSR activities does not form part of business profits of the company and forms part of CSR corpus.
The company has spent Rs.56.6 Million during last 3 years on CSR Projects and Programmes as follows:-
The main projects and programmes undertaken by the company are as follows:-
Adoption of one Senior Secondary Government Girls School and two Government Primary Schools
Two Vocational Training Centres for women for their empowerment.
Diploma Courses for 10th / 12th pass students enabling them to get employment.
Four charitable dispensaries and a Mobile Medical Van to provide medical care to the needy.
Organising Health Care/Preventive/Yoga/Blood Donation Camps etc.
Provision of drinking water by installing Hand Pumps and Water Coolers etc.
Development of Park and other areas.
Rain water harvesting
Building of toilets
A Central Deptt. has been created for implementing CSR activities across the company supported by adequate personnel at Plants.
The CSR activities are implemented in any of the following manner:-
Collaborating with various organisations, which are registered as a Trust or a Section 8 company or Society or NGO or any other entity specialising in CSR activity.
Collaborating with other companies or industry bodies like CII, FICCI, etc.
Contributing to various funds permitted under the Companies Act, 2013.
The CSR activities are carried out in a transparent and time bound manner.
After the CSR plan is approved by the Board, the CSR cell takes steps for implementation of the CSR activities.
The progress on implementation of CSR activities are reviewed by a Committee under the Chairmanship of Managing Director.
The CSR Committee reviews the progress on implementation of CSR activities on annual basis and submits progress report to the Board.
CSR Awards Received
Bhamashah Samman given by Rajasthan Govt. for the years 2015 and 2016 for CSR projects/programmes undertaken in the field of education.
CSR Excellence Award 2017 given by Rajasthan Government for Industry, Innovation and Infrastructure.