Kalyani Steels Ltd.
Sales (2007-2008) = 980 crores (rounded off)
Net profit after tax = 90 crores (rounded off)
CSR Budget: Not available
Karmayog 2008 CSR Rating: 2/5
A part of the Kalyani Group.
CSR activities of the Kalyani Group
As part of its Corporate Social Responsibility, Bharat Forge actively supports “Pratham Pune Education Foundation’ (PPEF). PPEF helps in imparting primary education to children of economically challenged and migrant workers, mainly in the age group of 3-14 years. Mr. B. N. Kalyani is the Founder and Chairman of PPEF. This initiative is actively funded by BFL and over the past 4 years, has touched the lives of over 50,000 children in Pune, and has become an important catalyst for women empowerment.
PPEF operates through an extensive network of Balsakhis, Balwadis, Bridge Courses and Outreach Programmes. PPEF's contributions have resulted in Pune achieving almost 100% literacy.
As a socially responsible employer, the Kalyani Group has a strong sense of community responsibility, and encourages its businesses to enhance their relationships with the communities in which they operate.
Bharat Forge Ltd., sponsors community centres for 250 families in and around Pune. Of these, 80 employee families are involved in income-generating activities such as hand-glove stitching, stitching uniforms and making of incense sticks. After vocational training these members then use financial assistance from self help groups (SHGs) to start their own small businesses. BFL is involved in developing micro credit savings groups within these families. The company continues to remain engaged with the members for any assistance that newly formed ventures may need. In addition, BFL also conducts awareness activities vocational training, personality camps and socio-cultural activities for these families, which are greatly appreciated by them.
The staff at Bharat Forge America, also engage themselves in community services in the local
As a corporate entity, we are committed to good environmental practices and are conscious of our responsibility towards creating, maintaining and ensuring a safe and clean environment.
All Kalyani Group businesses are at the forefront of improving their performance while enhancing the environment. They are uniquely positioned to use their resources to grow their organizations in an environmentally sound and responsible manner.
We as a group believe that environmental quality is a key ingredient for long-term profitability. Environmental Best Practices are being employed increasingly within the group to improve business productivity, cut waste and reduce costs.
The Group is committed to minimizing any adverse effects of its activities on the environment, while continuously improving its environmental performance.
Bharat Forge has invested in Renewable Energy Project generating Green Energy. Added to this it is buying Green Energy power, which put together is approx. 30% of Bharat Forge, Mundhwa plant consumption.
This usage of Green Energy is considered to be a reduction of Carbon Emission to the extent of approx. 30,000 tons per annum and this is recognized & certified by United Nations Framework Convention on Climate Change (UNFCCC) under Kyoto Protocol.
As an active participant in the process of promoting the environmental awareness and in the process of beautifying and maintaining the civic infrastructure of Pune, BFL maintains several gardens across the city.
Kalyani Steels Ltd.
Maharasthra - 411 036
Phone : 20 - 6870806/7
Fax : 20-6870435
E-mail : email@example.com
Website : www.kalyanisteels.com
Industry Sector: Steel - Rolling
Products / Services: A leading manufacturer of forging and engineering quality carbon & alloy steels using the Blast Furnace route.
Other locations of factories / offices:
Factory: Koppal District, Karnataka
Previous year's CSR activities & rating: http://www.karmayog.org/csr500companies/csr500companies_8297.htm