NEW DELHI (India CSR): In an era where corporate responsibility is increasingly paramount, Titan Company Limited stands as a beacon of purpose-driven growth, demonstrating that business success can go hand-in-hand with profound societal and environmental contributions. In the financial year 2024-25, the company made a significant commitment by investing Rs 80 crore (approximately Rs 800 million) in its Corporate Social Responsibility (CSR) initiatives, marking a substantial stride towards fostering inclusive growth and environmental stewardship. This investment is a testament to Titan’s deeply ingrained values, inherited from the Tata Group, focusing on creating elevating experiences for people and positively impacting the world.

Titan CSR Highlights (FY 2025)

Category	Key Details
Total CSR Spend	Rs 80 crore (Rs 800 million)
Beneficiaries Reached	Over 9 lakh individuals
Education Initiatives	10,950 girls across 400 centres; 784 scholars supported
Livelihood & Skilling	14,511 individuals trained; 1,099 craft-based households supported
Integrated Village Development	14,089 individuals benefited in 3 states
Vision Care (Happy Eyes Program)	7+ lakh people screened; 42,000+ drivers tested in 300+ cities
Renewable Energy Usage	2.03 crore kWh sourced; 1 MW solar plant in Chengam, 160 kW in Hosur
Tree Plantation	2,24,356 trees planted; expected to remove over 3,000 tCO₂ annually
Water Conservation	1.4 crore litres rainwater harvesting capacity; 30% groundwater reduction
Waste Reduction & Circularity	24.5 tonnes lens waste reused; 50,000+ eco-friendly eyewear sold
Governance Standards	99% employees certified under Tata Code of Conduct
Awards & Recognition	FPJ Best Annual Reports 2024, IIT Madras Visionary Partner Award, ET Best Board

A Unified Vision: The Pragati Programme

Titan’s CSR efforts are strategically integrated under its ‘Pragati’ programme, a long-term vision that unifies the company’s commitment to the planet, inclusive growth, and transparent, ethical governance. This isn’t merely a new direction but a continuation of decades-long investments in communities, craft legacies, and sustainable operations, now brought together with greater clarity and ambitious goals stretching to Financial Year 2029-30. The distinctive Pragati logo, featuring a woman, a droplet, and a leaf doubling as a path, powerfully embodies this vision for inclusive and sustainable progress. Titan’s Chief Sustainability Officer, N. E. Sridhar, aptly describes Pragati as a “wonderful confluence of People, Planet, and Profits,” embodying Environmental, Social, and Governance (ESG) principles for the greater good of society and the country.

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Investing in Human Capital and Community Well-being

A cornerstone of Titan’s CSR is its focus on human capital and community development, reflecting a deep-seated belief that “People Make the Brand”. In FY 2024-25, the company’s CSR initiatives reached over 9 lakh beneficiaries.

Empowering Through Education

Titan has significantly expanded its education initiatives, reaching 10,950 girls across Uttarakhand, Uttar Pradesh, and West Bengal through 400 learning centres. The ‘Mothers Literacy Program’ supported over 1,000 mothers, while ‘Aagaaz Science and Maths Expos’ engaged girls with STEM subjects in six locations. The long-running ‘Titan Scholarship Programme’ supported 784 scholars from backward districts, with a remarkable 83% girls and 44% from Scheduled Caste/Scheduled Tribe (SC/ST) communities. Furthermore, Titan adopted two schools for visually impaired students in Trichy and Thanjavur and constructed six classrooms at Krishnagiri Government Model School to address infrastructure gaps.

Fostering Inclusive Livelihoods

Promoting inclusive livelihoods is central to Titan’s social responsibility. In the reporting year, 14,511 individuals were skilled for employment, employability, and entrepreneurship, and 1,099 households received support through various craft interventions. Integrated Village Development Programmes benefited 14,089 individuals in Uttarakhand, Nagaland, and Tamil Nadu, with Farmers Producer Organizations (FPOs) in Uttarakhand and Nagaland generating revenues of Rs 1.7 crore. The company’s pioneering ‘Karigar Centre’ initiative addresses industry challenges by attracting and retaining skilled artisans, influencing other jewellery manufacturers. Similarly, ‘Weavershalas’ support the weaving community, impacting over 500 artisans across 14 clusters.

Vision for Healthier Communities

Through its ‘Happy Eyes Program’, Titan Eye+ provided vision screening, refractive support, and cataract surgeries to over 7 lakh individuals across five Indian states. A notable initiative included an ‘Eye Screening Program’ for commercial vehicle drivers and allied workers, screening over 42,000 drivers in over 300 cities since June 2024. This program ingeniously offered eye tests via an ‘Eye Test Menu’ at local dhabas, followed by subsidized spectacles delivered directly to homes.

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Championing Environmental Stewardship

Titan is actively charting a steady path towards becoming operationally carbon neutral and water-positive by Financial Year 2029-30, showcasing a profound sense of accountability towards the planet.

Pioneering Carbon Reduction

The company sourced approximately 2.03 crore kilowatt-hours (kWh) of renewable energy for its manufacturing plants in FY 2024-25. Key initiatives included commissioning a 1 Megawatt (MW) solar plant in Chengam, Tamil Nadu, which is expected to generate 16 lakh units of solar power annually and reduce carbon footprint by 3,672 tonnes. An additional 160 kilowatt (kW) solar plant in Hosur (Watches Hosur plant) is projected to generate 2.1 lakh kWh annually, avoiding 170 metric tonnes of CO2. Titan’s total carbon footprint (Scope 1 and 2 emissions) was 30,278 tonnes of CO2 equivalent (tCO2e). Afforestation efforts are substantial, with 2,24,356 trees planted, including a project in Krishnagiri district where 2,08,000 trees were planted, estimated to remove 800 tCO2e annually. The Jewellery Pantnagar factory alone planted 10,890 trees in FY 2024-25, bringing its total to 1,12,390 trees, capable of absorbing 2,416 tCO2e per year.

Innovating for Water Positivity

Recognising water stress, Titan launched initiatives to reduce freshwater consumption and replenish natural sources. The Jewellery Integrated Supply Chain Management (ISCM) facility in Hosur constructed two large rainwater harvesting cisterns with a combined capacity of 1.4 crore litres, reducing groundwater usage by approximately 30% and utilising 1.22 crore litres in FY 2024-25. The Watches Hosur plant conserved 7,200 kilolitres (KL) of freshwater through a dual plumbing system, while the Jewellery Factory at Pantnagar reduced its water consumption by over 50%, from 128 litres per capita per day in FY 2019-20 to 48 litres per capita per day in FY 2024-25.

Driving Circularity and Waste Reduction

Titan is committed to achieving ‘Zero Waste to Landfills’, actively promoting the recycling of gold, silver, and brass. The company has partnered with plastic waste processors to reduce and recycle plastic packaging, with the Fragrances & Women’s Bags division targeting a 30% reduction in plastic use per unit. The EyeCare division innovatively used 24.5 tonnes of recycled lens-cutting waste to develop a green parking area and introduced eco-friendly frames made from castor oil seeds, selling over 50,000 units.

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Upholding Ethical Governance and Recognised Excellence

Titan’s commitment extends to robust governance, guided by its ‘Right Way at Titan’ framework and the Tata Code of Conduct (TCoC). The company maintains high standards of transparency, with over 99% of employees reaffirming their understanding of the TCoC through e-learning modules. These efforts have not gone unnoticed; Titan Company Limited was recognised at the FPJ’s Best Annual Reports Awards 2024 and received the ‘Visionary Partner Award’ at the IIT Madras CSR Awards 2024, among other accolades. The company’s corporate governance standards were notably recognised with the ‘first ever Best Board Award by ET/Amrop’ in 2021.

In essence, Titan Company Limited’s CSR spending of Rs 80 crore in FY 2024-25 is not just a financial figure; it represents a comprehensive, strategic investment in a future where business prosperity is interwoven with the well-being of communities and the health of our planet. It’s like a sculptor, meticulously shaping not just products, but a sustainable legacy, one thoughtful initiative at a time, ensuring every stroke contributes to a grander, more responsible masterpiece.

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