Corporate Social Responsibility(CSR) Policy

The present CSR policy is being documented with a candid objective of formalizing as a document of what is being done by the Company and what would it proposes to do in the time to come. Section 135 read with Schedule VII to the Companies Act, 2013 and the Corporate Social Responsibility Rules, 2014 (CSR Rules) has prescribed the requirements as to what should be the legal and structured framework for doing the CSR activities.

Act

Act shall mean the Companies Act, 2013 including with online economics help reference to Section 135 and shall include any amendments thereto or reenactments thereof.

CSR

Means and includes activities that are carried out as Corporate Social Responsibility and fall within the ambit of Section 135 read with Schedule VII to the Companies Act, 2013.

GACL

GACL shall include all its plants/units, in India.

Vision

In alignment with vision of the Company, GACL, through its CSR initiatives, shall continue to enhance value creation in the society and in the community in which it operates, through its services, conduct & initiatives, so as to promote sustained growth for the society and community, in fulfillment of its role as a Socially Responsible Corporate Citizen with environmental concern. The Ultimate Objective of CSR activities at GACL is to improve the “Human Development Index.”

Objective

• To ensure an increased commitment at all levels in the organization towards CSR, to operate its business in an economically, socially & environmentally sustainable manner, while recognizing the interests of all its stakeholders.
• To directly or indirectly take up programs that benefit the communities in & around GACL, over a period of time, thus uplifting / enhancing the quality of life & economic well-being of the local populace.
• To generate, community goodwill for GACL and help reinforce a positive & socially responsible image of GACL through its CSR initiatives.