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Home  >> CSR 2010 >> CSR details

Also see : Corporate Social Responsibility, Karmayog CSR Ratings - 2009, Details of CSR of 501-1000 companies - 2008, Karmayog CSR Ratings - 2008, Karmayog CSR Ratings 2007





 
CSR 2010 Details of Sesa Goa Ltd, Panaji, Goa
Sesa Goa Ltd - Corporate Social Responsibility Activities are as follows
 Company Profile
 Company's Slogan Focused on Delivery Long Term Value People A Sustainable Future
 Company's Vision To be one of the top four iron ore mining companies in the world.
 Company's Mission >>To maximise stakeholder wealth by exploiting core skills of iron ore mining, coke and iron making. >>To constantly seek high levels of productivity and technical efficiency; to maintain technological superiority over competitors. >>To aggressively seek additional resources. >>To maintain costs in the lowest quartile globally. >>To be an organisation with best-in-class people and a performance-driven culture by attracting and retaining quality manpower. >>To continue to maintain our pre-eminent position in safety, environment and quality control management in the respective industry sectors. >> To contribute to the development of the communities that we operate in or have influence on our business activities.
 Special Notes Part of the Vedanta Group.
 Company Type Indian Multi National
 Industry Sector Metals and Minerals
 Products / Services 1. Iron Ore
2. Vessels
3. Metallurgical Coke
 No. of employees Not Disclosed
 Other locations of factories / offices Mining in Goa, Chitradurga (Karnataka) Met Coke and Pig Iron plant in Goa Shipping and Ship-building in Goa Offices in Hospet (Karnataka), Chennai, Barbil (Orissa), Haldia (West Bengal), Paradip Port (Orissa), New Delhi Also in Shanghai, China
 Financial result for time period April 2009 - March 2010
   - Sales Rs. 6654 Crores
   - Profit before tax Rs. 3445 Crores
   - Net profit after tax Rs. 2639 Crores
   - CSR Budget Not Disclosed
   - Remuneration of MD/CEO Rs. 2 Crore
 CSR Activities
 Trust / Foundation for CSR Sesa Community Development Foundation
 CSR Areas 1. Community Welfare
2. Education
3. Employee Welfare
4. Environment
5. Healthcare
6. Rural Development
7. Sports
8. Vocational Training
9. Water
 Three main CSR activities 1. Education
2. Sports
3. COmmunity welfare
 Publish Sustainability Report http://www.sesagoa.com/attachments/article/114/Sesa%20final%20pdf%20for%20web%20upload%20.pdf
 CSR activities in brief

SUSTAINABLE DEVELOPMENT

Sustainable development is an integral part of our business practices, long-term strategy and overall ethos. It reflects in the way we operate and represents a core commitment of our management and employees. We believe that sustainability is a dynamic process and not about finding an ideal status. Consequently, we are continuously innovating and enhancing our environmental and social performance.

Our focus on sustainability drives our conviction to pursue value creating projects and at the same time achieve positive environmental, social, health and safety outcomes with emphasis on establishing robust management systems. The process deployed helps us in enhancing focus and gives direction to our sustainability roadmap.

Our sustainable development strategy is all encompassing of four elements:

Environmental Stewardship:

Respect for nature, enhanced resource conservation and use of environment friendly technology are embodied in our working.

Nurturing People:

People are our key assets. We are committed to building a flexible, flat and learning organisation with an engaged and high performing workforce. We believe in nurturing and mentoring leaders from within and providing opportunities for growth based in meritocracy, performance and integrity.

Health and Safety:

We are committed to providing a safe, secure and healthy workplace for all employees by using the best technology and practices.

Empowering Communities:

Communities are integral to our business. We are committed to enhancing the quality of life of the communities near our operations and creating self sustaining communities. We work to gain and nurture our social license to operate in the host of communities.

-- http://www.sesagoa.com/index.php?option=com_content&view=article&id=74&Itemid=81
----------------------------------------------------

STRATEGY

Our core values of growth, entrepreneurship, excellence, trust and sustainability not only encompass our business philosophy, but also underline our relationships with all our stakeholders, shape the culture of our company and guide us in our actions and decisions.

Integral to our business philosophy

Sustainable development is integral to our business philosophy. We see the key drivers of our approach as being: proactive engagement with our stakeholders; attracting and retaining the best talent; our provision of a safe and healthy working environment; our focus on using environmentally friendly technologies and our drive to conserve natural resources.

Conservation of natural resources

This is a fundamental aspect of everything we do. We have set ambitious targets at our business to use fewer resources. Our water and energy conservation performance has been promising and has set new targets in some instances.

Health and safety

Sesa Goa is committed to achieving best practice in health and safety at all of our units. Our systems are well established and are regularly reviewed and monitored taking into account our own experiences and industry best practice. Knowledge-sharing across the Vedanta group companies plays an important part in this process.

Our local communities

We believe we have a responsibility to engage with the communities in which we operate and to foster their social and economic development. These principles are embedded across the organisation and are a key element of our employee training, development and performance at all levels.

Our people

Our people are our valued asset and drive our overall performance. Our vision is to build a flexible, agile and flat organisation with world-class capabilities and a high-performance culture. Respect for the individual, valuing diversity, fostering entrepreneurship, ensuring an enabling environment and developing a "can do" attitude is a way of life at Sesa Goa.

-- http://www.sesagoa.com/index.php?option=com_content&view=article&id=76&Itemid=83
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CORPORATE SOCIAL RESPONSIBILITY

Our approach to Community Development is holistic and long-term. Our stakeholder engagement and consultation process, coupled with base line studies, need-assessments and periodic social audits help us develop and shape our programs for a 3-5 year period. Public Private Partnerships (PPP) and community consultation are the core drivers of our work with communities. We strategically partner with like-minded organizations, including government agencies, NGOs, local communities, and Panchayats in most of our projects.

We work responsibly and contribute positively to the communities where we operate. Our community work is based on the three channels developed by us:

  • Sesa Community Development Foundation
  • Need-based interventions
  • Mineral Foundation of Goa, an NGO formed by the Goan Mining Industry

Sesa Community Development Foundation ("SCDF")

"SCDF represents Sesa Goa's social focus. This foundation runs Sesa Technical School which provides technical training to local students and Sesa Football Academy which nurtures future footballers from Goa."

Mineral Foundation of Goa (MFG)

"Sesa Goa is one of the founder members and the largest contributor to Mineral Foundation of Goa, an NGO which addresses environmental & social issues in mining belt of Goa."

Need Based Interventions

"We initiate need based CSR measures in and around our operations. Local residents and key stakeholders are encouraged to approach us with concepts, projects, developmental programmes and initiatives."

Other Initiatives

"We also focus on the development of the areas on different fronts like education, health, agriculture, alternative livelihood, infrastructure, sanitation etc. We continuously seek partnership and collaboration with Government Bodies & other organisations (NGO's) in pursuance of our social mission who aligns with our vision.

-- http://www.sesagoa.com/index.php?option=com_content&view=article&id=81&Itemid=88
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 Additional CSR Information -

 CSR Contact Person
 Name of contact person -
 Designation -
 Company Name Sesa Community Development Foundation
 Contact Address P.O. Sanquelim, Goa 403 505 India
 Phone 0832 - 2365509
 Fax -
 Email Id   
 CSR Website / Section http://www.sesagoa.com/index.php?option=com_content&view=article&id=74&Itemid=81
 Company Contact Information
 Company Name Sesa Goa Ltd
 Registered Address Sesa Ghor, 20 EDC Complex, Patto
Goa, Panaji - 403 001
 Phone 0832 - 2460600
 Fax 0832 - 2618280
 Email id cdchitnis@sesagoa.com   
 Website http://www.sesagoa.com
 Year of Establishment 1954
 Name of the Chairman / CEO Mr. P. K. Mukherjee
 Designation Managing Director
 Karmayog CSR 2010 Rating 2 / 5
 Link http://www.karmayog.org/csr2010/csrall/csrdetails.aspx?id=545
 Karmayog CSR 2009 Rating 1 / 5
 Link http://www.karmayog.org/csr2009/csrdetails.aspx?id=373
 Karmayog CSR 2008 Rating 2 / 5
 Link http://www.karmayog.org/csr501to1000/csr501to1000_21699.htm
 Karmayog CSR 2007 Rating 1 / 5
 Link http://www.karmayog.org/csr500companies/csr500companies_8437.htm
 
 Posted on : 17 Feb, 2011