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Home Corporate Social Responsibility

What was the CSR budget of Dabur for the Year FY21 – India CSR

Dabur Limited CSR interventions were spread across as many as 149 villages in India.

India CSR by India CSR
in Corporate Social Responsibility
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CSR: Dabur to provide dry ration and daily essentials to 23 Honey Collectors families of Sundarbans
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NEW DELHI (India CSR): An Indian multinational consumer goods company Dabur Limited has spent a sum of Rs 28.71 crore (Rs 27.85 crore in 2019-20) on various Corporate Social Responsibility (CSR) activities in the financial year 2020-21. Its CSR interventions were spread across as many as 149 villages in India, the company Annual report said.

The average net profit of the company for the past three years, as per section 135 (5) was amounted Rs 1,425.91 crore. Its two percent was calculated at Rs 28.52 crore, which was its CSR obligation for the year.

The company however, spent Rs 28.71 crore on its CSR, out of which Rs 1.43 crore was spent on administrative overheads. Therefore, the excessive amount spent for the financial year was Rs 0.19 crores. The company had spent Rs 27.85 crore on its CSR during the financial year 2019–20.

Also Read: What is the transformational journey of Alkem Laboratories? – India CSR

The annual report stated, “Dabur understands that its Corporate Social Responsibility (CSR) should be exercised in every aspect, especially in communities where it operates and with a focus on the health and safety of the community members. We have a well-structured CSR Policy, which is also a declaration of our intent to contribute to creating a better and self-reliant society.”

CSR amount spent against other than ongoing projects

S.no.Project nameLocationAmount spent (in Rs C)
1.Donation to PM CARES FundNew Delhi5.05
2.COVID-19 support for migrant workers, marginalized communities and frontline corona warriors like police personnel, medical staff, cleaning staff, etc.Across India9.60
3.Programmes to meet nutrition needs of poor & needyAcross India5.30
4.Programmes to protect endangered species of herbs & plants, enhancing livelihood of farmersAcross India2.05
5.Plastic Waste Recycling and DisposalAcross India1.39
 Others 5.32
 Total 28.71

“Our ultimate goal is to create a positive, measurable and lasting local impact in the communities where we operate through projects that contribute to the United Nations Sustainable Development Goals (SDGs),” the company stated in its report. The CSR policy of the company had identified four key areas for rolling out development programmes:

 Dabur spent Rs 29 Cr on CSR in FY21; spends Rs 15 crore in fight against Covid-19

Key CSR areas

  • Eradicating hunger, poverty, and malnutrition
  • Promoting preventive health care
  • Ensuring environmental sustainability
  • Promotion of education

With the sudden spread of the COVID outbreak towards the end of the previous fiscal, Dabur added a new focus area- COVID Relief Support. With the entire country under lockdown in the initial part of the 2020-21 financial year and most educational, commercial and social activities restricted in view of the social distancing norms that were put in place by respective state governments, the company focused its development initiatives towards lending a hand to the Government’s efforts to endure the social and economic impacts of the Coronavirus pandemic as well as protecting vulnerable populations by enabling access to food and essential medicines. The bulk of its CSR spends during 2020-21 were used for Covid support programmes, which included donating to the PM CARES Fund.

Also Read: Who leads CSR of Bharat Forge?

 Aareas for CSR work

  • Women empowerment
  • Rural development
  • Promotion of sports

 CSR committee

The CSR committee of Dabur Limited has Dr. Ajay Dua as its Chairman. Other key members are P.N. Vijay, Sanjay Kumar Bhattacharyya, P.D. Narang, Mohit Malhotra, and Ajit Mohan Sharan. During the financial year 2020-21 the Committee met five times.

Source: India CSR I 11 July 2022
Tags: CSR of Dabur

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India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

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