JK Lakshmi Cement spends 2.26% of profit on CSR programs

For the JK Lakshmi Cement, the business priorities co-exists with the commitment for extending help to the poor with an aim for enhancing their quality of life.

Vinita Singhania, Vice Chairperson & Managing Director of JK Lakshmi Cement: Photo: theceomagazine.com

NEW DELHI: JK Lakshmi Cement Limited has spent Rs. 1.45 Crore towards various Corporate Social Responsibility (CSR) programmes during the year 2016-17 which is 2.26% of the average net profit of Rs 63.90 Crore of 3 previous preceding years as specified in the Companies Act, 2013., its Annual Report 2016-17 revealed.

Its prescribed CSR expenditure was Rs 1.28 Crore. During the Year one meeting of the CSR Committee was held which was attended by it’s all the Members.

CSR projected implemented at Jaykaypuram in Rajasthan, Durg in Chhattisgarh, Kalol in Gujarat and Jharli in Haryana where company has production facilities covering 35 villages.

The CSR Committee comprises of members: Vinita Singhania, Chairperson; Pradeep Dinodia, SK Wali, Dr. S Chouksey.

In her message to stakeholders, Vinita Singhania, Vice Chairperson and Managing Director says, “Organizational core values have always motivated us to care for our society. Our CSR activities therefore emphasise on holistic growth of society around our plants & markets where we operate so that our growth does not remain in isolation.”

“Our efforts towards our Corporate Social Responsibility initiatives span from healthcare and education to ensuring training to the underprivileged to earn their livelihood. While we continue with these efforts, we also keep taking feedback from the communities and invite them to rate our services – this helps us in assessing the overall impact on the community stemming from our efforts and also helps us in improving our CSR activities further”, report added.

CSR Philosophy

“Serving the society towards improving the quality of life of the community at large has always been a priority of the Company. The concept of Corporate Social Responsibility (CSR) has been textured into our corporate DNA right from the initial years of the Company and till date we have pioneered various CSR initiatives.”, it added.

Since inception, the Company has been undertaking various initiatives for the welfare of underprivileged sections of the society in and around our Plant locations.

CSR interventions encompasses activities relating to Health & Hygiene, Water & Sanitation, Education, Livelihood, etc. Last year, the it has initiated new activities in the areas of Water & Sanitation, Vocational Skills and Livelihood solely for the purpose of creating employability for unemployed youth through courses on Mobile Repairing, Beautician Training, Embroidery Training, Phenyl Making, etc.

JK Lakshmi Cement implemented Integrated Livestock Development centres for cattle breed improvement in collaboration with JK Trust near Jaykaypuram & Jhajjar plants.

The initiatives undertaken also include E-Learning in govt. schools, installation of Sanitary Napkin machines near Kalol Plant, construction of Mini Percolation Tanks near Jaykaypuram Plant, Dental & Eye Check-up camps in govt. schools, Blood Donation Camps, Medical Camps for Mason community and their family members, to name a few.

Last year, more Self Help Groups were formed comprising of village women and the Company is helping them in generating additional income by their producing Stitched Clothes, Sanitary Napkins, Brooms, Paper Plates, Phenyl, to name a few.

(Based on Annual Report, 2016-17, JK Lakkhmi Cement Limited)