GRI Standards
GRI 413: Local Communities | Sections/Comments | |
---|---|---|
GRI 103-1 | Management approach: Explanation of the material topic and its boundary |
Material aspects & scope |
GRI 103-2 | Management approach: The management approach and its components | |
GRI 103-3 | Management approach: Evaluation of the management approach | |
GRI 413-1 | Operations with local community engagement, impact assessments, and
development programs |
|
GRI 413-2 | Operations with significant actual and potential negative impacts on local communities | No operations with significant negative impact on local community. |
Touching Lives – Across the Community –
As a responsible corporate citizen, we firmly believe in societal well-being. Adopting a partnership approach, we undertake meaningful initiatives that foster shared progress and inclusive growth alongside our business proposition of promoting well-being through colours.
Mission & Philosophy of CSR function –
To contribute positively to the development of the society by acting as a good neighbour, considerate of others, playing the role of good corporate citizen with passion and compassion.
CSR Vision of the Company –
To strive to be a responsible corporate by proactively partnering in the Environmental, Social and Economic Development of the communities through the use of innovative technologies, products as well as activities beyond normal business.
The company has constituted a CSR Committee of the Board, consisting of a judicious combination of independent and non-independent Directors to guide and drive CSR agenda of the organization.
Approving the CSR programmes to be undertaken by the company, as specified in schedule VII of the Companies Act, 2013
Recommendation of the amount of
expenditure to be incurred on these
activities
Monitoring the CSR policy of the company from time to time
We undertake CSR initiatives through our own team, NGO partners and government entities. We
actively encourage our employees to volunteer in such activities. More than 8% of employees were
involved in charitable work in FY 21-22.
We have instituted a structured approach to frame, design and implement suitable developmental
program as part of our CSR charter. KNPL is committed to create maximum positive value through
long-term symbiotic relationships with the communities we operate in.
Livelihood Enhancement
Preventive Health Care and Sanitation
Rural / Community
Development
Promoting Education
Ensuring Environmental
Sustainability
Restoration of Buildings & Sites of Historical Importance
More than 95,000 beneficiaries have received benefits from different activities under CSR programmes such as construction of classrooms, labs, toilets, setting up health camps, tree plantation, digging bore-wells, rejuvenating water bodies, etc.
The Company has also carried out impact assessment in terms of Rule 8(3) of the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended, through an independent agency for three projects, each having outlay of ` 1 Crore or more and that have completed not less than one year before undertaking the impact study.
Impact on Sustainable Development Goals: