Hyundai Motor India earmarks Rs 55.37 crore for multi-year CSR projects, reinforcing its commitment to sustainability, healthcare, education, and mobility.
NEW DELHI (India CSR): For nearly three decades, Hyundai Motor India Limited (HMIL) has been more than an automotive powerhouse—it has been a steadfast partner in India’s journey toward progress. Rooted in its global vision of ‘Progress for Humanity’ and the ‘CONTINUE’ framework for Creating Shared Value (CSV), HMIL’s Corporate Social Responsibility (CSR) efforts reflect a deep commitment to uplifting communities and fostering sustainability. In Financial Year 2024-25, HMIL’s CSR arm, the Hyundai Motor India Foundation (HMIF), invested Rs 65.24 crore, impacting 2.14 million lives across 25 states and Union Territories. However, Rs 55.37 crore of its CSR obligation remained unspent, allocated to multi-year projects aimed at long-term impact. This unspent amount, detailed in HMIL’s 2025 Annual Report, underscores a strategic approach to ensuring sustainable, meaningful change across India’s diverse landscape.
CSR Obligation and Unspent Funds: A Transparent Approach
Under Section 135(5) of the Companies Act, 2013, HMIL’s CSR obligation for FY 2024-25 was Rs 120.62 crore, calculated as 2% of its average net profits of Rs 6,031 crore over the past three years. The company spent Rs 65.24 crore, including Rs 63.97 crore on ongoing and new projects, Rs 1.08 crore on administrative overheads, and Rs 0.19 crore on impact assessments. The remaining Rs 55.37 crore was transferred to a dedicated Unspent CSR Account on April 30, 2025, for multi-year projects, ensuring compliance with regulatory requirements. This unspent amount reflects HMIL’s focus on long-term initiatives rather than short-term spending, aligning with its vision of sustained societal impact.
Table: Hyundai Motor India Unspent CSR Fund (FY 2025)
| Category | Details |
|---|---|
| Total CSR Obligation (FY25) | Rs 120.62 crore (2% of average net profits: Rs 6,031 crore over 3 years) |
| CSR Spent (FY25) | Rs 65.24 crore (Rs 63.97 crore on projects, Rs 1.08 crore admin, Rs 0.19 crore impact assessments) |
| Unspent CSR Amount | Rs 55.37 crore (transferred to Unspent CSR Account on April 30, 2025) |
| Purpose of Unspent Funds | Dedicated for multi-year projects to ensure long-term impact |
| Lives Impacted | 2.14 million across 25 states and Union Territories |
| CSR Pillars | Earth (environment), Hope (healthcare & education), Mobility (road safety & skills) |
| Environmental Achievements | 88% renewable energy usage, 75,282 tonnes CO2 prevented, 1 million trees planted, 132,622 m³ groundwater recharged |
| Healthcare & Education | Sparsh Sanjeevani reached 1.3M people, 720 students supported via scholarships, para-athletes & blind cricket promoted |
| Mobility Initiatives | Dhyan-Do program (34,000 drivers), 1,100 surveillance cameras for traffic safety, skill training in new tech |
Strategic Pillars: Earth, Mobility, and Hope
HMIL’s CSR framework is built on three pillars—Earth, Mobility, and Hope—designed to address environmental, social, and mobility challenges holistically.
- Earth: Focuses on environmental stewardship through waste management, renewable energy, and afforestation.
- Mobility: Enhances road safety and skill development, reimagining transportation for all.
- Hope: Empowers communities through healthcare, education, and inclusion, fostering equitable growth.
These pillars guide HMIF’s initiatives, ensuring alignment with the United Nations Sustainable Development Goals and HMIL’s ‘CONTINUE’ vision.
Environmental Stewardship: Greening India’s Future
HMIL’s environmental efforts under the ‘Earth’ pillar are driving India toward sustainability, with ambitious goals of carbon neutrality by 2045 and 100% renewable energy (RE100) by 2025.
- Ecogram by Hyundai: Launched in Gurugram in 2022, this waste management unit processes 2,000 kg of wet waste and 5,000 kg of dry waste daily, recycling 11.15 lakh kg of waste and preventing 1.44 lakh kg of CO2 emissions. It generates 200 kW of electricity daily via biogas, earning the ‘Doing Good Through Business for Planet’ award.
- IONIQ Forest: In Pune, HMIF invested Rs 32 crore to plant one million native trees across 90.5 acres using the Miyawaki technique, contributing to 21,811 tonnes of CO2 removal. Agroforestry in Andhra Pradesh boosted tribal farmland productivity, generating Rs 40.4 crore in community income.
- Renewable Energy: HMIL achieved 88% renewable energy usage, supported by 75 MW solar and 43 MW wind power plants in Tamil Nadu, reducing Scope 1 and 2 emissions by 41.8% and preventing 75,282 tonnes of CO2 over three years.
- Water Conservation: HMIL met 80% of its water needs through rainwater harvesting and recycling, with six ponds holding 335,000 kiloliters. Rural pond restoration in Gurugram recharged 132,622 cubic meters, benefiting 8,200 people and reducing 59.25 tonnes of eCO2.
Empowering Communities: Healthcare and Education
The ‘Hope’ pillar drives HMIL’s efforts to uplift marginalized communities through healthcare, education, and inclusion.
- Sparsh Sanjeevani: This healthcare program reached 1.3 million individuals across 16 states via 52 telemedicine centers and 10 mobile medical units. With an SROI of 1:9.20, it generates Rs 9.20 in social value per rupee invested, earning the ‘Impact Through Social Project for Health’ award.
- Hyundai Hope Scholarship: Supporting 720 students, including 440 girls and 60 students with disabilities, this program enabled studies at institutions like IIT Madras. The ‘Vidya Vahini’ project was named the ‘Best Project in Education and Basic Literacy’.
- Samarth by Hyundai: This initiative empowered 20 para-athletes, with four competing at the Paris Paralympics, and provided 22 assistive devices. It also supported blind cricket, earning the ‘Best Sports Promotion Project’ award.
- Art for Hope: This grant program nurtured artistic talent, winning the ‘Best CSR Event’ award.
Mobility: Safer Roads and Skilled Communities
HMIL’s ‘Mobility’ pillar enhances road safety and community skills, aligning with its ‘Beyond Mobility’ vision.
- Dhyan-Do Initiative: Reaching 34,000 commercial drivers in Gurugram and Faridabad, this program provided health check-ups and training. A Mobile Road Safety Simulation Machine educated 10,000 students across 50 schools.
- Traffic Engineering Centre: In Gurugram, HMIL established a center with 1,100 surveillance cameras for real-time traffic monitoring, supported by a Rs 4 crore investment in Nagpur and Pune.
- Skill Development: HMIL trained community members in innovative technologies, fostering economic empowerment.
Governance and Recognition
HMIL’s CSR activities are overseen by a CSR Committee, chaired by Mr. John Martin Thompson, ensuring transparency and alignment with global standards. Third-party impact assessments by 4th Wheel Social Impact validated seven key projects. HMIL’s 2025 Sustainability Report, adhering to GRI standards, earned it recognition as a ‘Champion of CSR’ at the ESG Impact Summit.
Future Vision: Sustained Impact
The Rs 55.37 crore unspent amount is strategically allocated to multi-year projects, including EV ecosystem development, with 600+ fast chargers planned by 2032, and a new Pune facility targeting 1 million units annually by FY 2025-26. HMIL’s Rs 27,856 crore IPO in 2024, India’s largest, underscores its long-term commitment. With goals to impact 5 million lives annually, reduce 110,000 tonnes of CO2, and generate Rs 70 crore in community income by 2032, HMIL is poised to shape a sustainable, inclusive India.
FAQs: Hyundai Motor India Transfers Rs 55.37 Crore Unspent CSR Account
Q1. What was Hyundai Motor India’s total CSR obligation in FY 2024-25?
Hyundai’s CSR obligation was Rs 120.62 crore, calculated as 2% of its average net profits over three years.
Q2. How much did Hyundai spend on CSR in FY 2024-25?
The company spent Rs 65.24 crore on various CSR projects, administration, and impact assessments.
Q3. What happened to the Rs 55.37 crore unspent CSR funds?
This amount was transferred to a dedicated Unspent CSR Account for multi-year projects, ensuring compliance and long-term impact.
Q4. What are the main pillars of Hyundai’s CSR framework?
Hyundai’s CSR is built on three pillars — Earth (environment), Hope (healthcare & education), and Mobility (road safety & skills).
Q5. What future goals has Hyundai set for its CSR initiatives?
Hyundai aims to impact 5 million lives annually, install 600+ EV chargers by 2032, reduce 110,000 tonnes of CO2, and generate Rs 70 crore in community income.
(India CSR)
