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Home > Details of CSR of 1-500 companies - 2008 > Details of CSR of the 1-500 companies for the year 07-08


Details of the CSR activities of the 1-500 companies for the year 2007-2008

Also see :Corporate Social Responsibility   Details of CSR of 501-1000 companies - 2008   Karmayog CSR Ratings - 2008   Karmayog CSR Ratings 2007


 
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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

 

CSR activities:

A part of the Kalyani Group.

 

CSR activities of the Kalyani Group

Social Objectives:

 

Education:

 

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.

 

 

Community Initiative:

 

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 Lansing community.  These efforts include home rebuilding and refurbishing to help the local disabled and elderly couples.  A group of 18 BFA employees spend an entire afternoon on a week end replacing doors, repairing roofs and doing drywall replacement.

 

 

Environment:

 

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.

 

 

 

Source:   www.kalyanigroup.com/envoirnment.asp

                www.kalyanigroup.com/education.asp

 

 

Contact Information:

Kalyani Steels Ltd.

Mundhwa, Pune

Maharasthra - 411 036

Phone          : 20 - 6870806/7

Fax              : 20-6870435

E-mail          : investor@kalyanisteels.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

 


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