New Delhi – Godrej Consumer Products Ltd (GCPL) spent Rs 21.90 crore against the mandated prescribed CSR amount of 21.87 crore in FY19.
The average net profit of the company in the last 3 fiscal years is Rs 1,093.51 crore.
The CSR policy of the company outlines the focus areas, defines the scope of activities, and guides execution and monitoring.
Furthermore, the company focusses on addressing critical social, environmental, and economic needs of marginalised and underprivileged sections of society by adopting a shared value approach to help solve problems while strengthening competitive advantage.
The major efforts of the company towards solid waste management extend beyond the manufacturing plants and immediate areas of operations.
As part of CSR efforts, the company has commissioned and introduced community waste management projects by using circular economy principles and has collaborated with Hyderabad and Kalyan-Dombivali Municipal Corporations to implement community waste management projects.
GCPL is also committed to the Godrej Group’s ‘Good & Green’ vision of creating a more inclusive and greener India.