ACC Limited releases Social Audit Report on CSR

MUMBAI: ACC Limited released Social Audit Report for its Corporate Social Responsibility (CSR). The report highlights holistic community development initiatives of ACC Limited on commitment in line with the United Nation Sustainable Development Goals (SDGs).

This 130-page report also discusses the social audit conducted for measuring performance in CSR for 2014-16, with a focus on its 14 cement manufacturing plants.

Neeraj Akhoury, Managing Director & CEO, ACC Limited; Vladimir Yakunin, Chairman of the DOC supervisory board and Pooran Chandra Pandey, CEO of the Dialogue of Civilizations Research Institute, released the report on October 12, 2017 at the ACC Limited Head Office in Mumbai.

Neeraj Akhoury says, “The report gives an overview of ACC’s journey in the last three years in the domain of corporate social responsibility, across our 14 plant locations spread across the country.”

“Going forward, our constant endeavour will be to expand our activities and engage with grassroots organisations locally, to strengthen our work in areas that directly meet the needs of the community in a cohesive manner.”, he added.

In his contribution to the report, Yakunin says, “We believe in the stakeholder philosophy, i.e., we are convinced that entrepreneurship and a social conscience are interlinked, and that managerial focus must not be limited to the bottom line. Reconciliation of individual liberties and initiative with the needs and requirements of the collective – society at large – lies at the base of our worldview and vision.” 

Pooran Chandra Pandey, Chairs the social audit committee of this report. The report on community infrastructure will be sent to over 500 CEOs around the company’ operating markets, reaching more than 90 countries.

Pooran C. Pandey commented, “The current report represents yet another sincere effort from ACC in publishing a comparative review of its work and its social performance indicators for purposes of learning and development. Such an exercise will go a long way towards setting industry standards in the social sector that call for more engagement at the community level. In this way, businesses will make more of a difference for society.”