Lanco Industries Ltd. | CSR Rating - Corporate Social Responsibility - India|Details of CSR of the 501-1000 companies for the year 07-08

Lanco Industries Ltd.

Sales (2007-2008) = Rs. 500 crores (rounded off)

Net profit after tax = Rs. 25 crores (rounded off)

CSR Budget: Rs.2.70 crores (Lanco Group CSR Expenditure of 2007-2008)

Karmayog 2008 CSR Rating: 1/5

See Karmayog Comments below:

CSR activities:

The endeavor of LANCO Foundation in all its activities is to achieve tangible outcomes in every sphere of Corporate Social Responsibility. The foundation has taken enlightened development paradigms into consideration and is aligned with Millennium Development Goals and the UN Global Compact Charter.

Lanco Foundation focuses its activities in seven sectors, including Education – Health – Livelihoods – Environment - Neighbourhood Community Development - Relief & Rehabilitation, and - Sports & Culture

YEAR 2007-08

The most important aspect of LIGHT’s work during 2007-08 has been the emphatic assertion that it is not an instrument of tokenism but an entity whose stated mission is actioned through coherent and integrated strategies. This is reflected across the range of activities carried out in seven sectors namely Education – Health – Livelihoods – Environment - Neighbourhood Community Development - Relief & Rehabilitation, and - Sports & Culture.

Education:

· In the reporting period an amount of Rs. 17, 39,010/- has been distributed to 223 students covering five states.

· British Council conducted a Situational Analysis on current levels of student’s English Language at the under-graduate and graduate level in three colleges at Vijayawada of Andhra Pradesh. The council recommended a context based language improvement, especially on areas relevant to potential careers.

Health
LIGHT has accorded due importance to the health sector in its ambit of activities.

· 96 villages have been provided with 153 bore wells this year enabling them to have access to safe drinking water.

· 6 Cancer awareness and screening camps have been organized in association with Indo-American Cancer Institute and Research Centre.

· 4 mega health camps have been organized in association with District Medial and Health departments.

· Through these efforts LIGHT could reach out to number of villages in Krishna and Nellore districts of Andhra Pradesh.

Livelihoods:
As one of the forerunners in the Livelihood sector, LIGHT recognises various opportunities in the employability sector for youth.

· LIGHT initiated training of school and college drop outs in employability skills. This activity has been taken up in partnership with a French NGO Aide-et-Action and the National Academy of Construction.

· During the year 633 were trained in the employable skills such as automobile mechanics, Information Technology Enabled Services, Customer relations and sales, Bedside patient care, hospitality, loom based weaving and embroidery.

· A second significant activity was the training of male school dropouts in construction related trades namely form work carpentry, bar bending and masonry. A total of 50 students underwent the training for 3 months. Of these 40 trainees have been gainfully employed.

· 34 women and children took part in the two month course in computers held at Vijayawada. Replicas of four Kondapalli Toy sets, namely, Ambari (Elephant with riders) Palanquin bearers, Toddy tree with tappers and bullock cart with cart riders were installed at Ibrahimpatnam, close to Vijayawada.

· Artisans have also been supported to set up stalls and exhibit their products. This was done during a national level workshop on SHGs.

Site level Community Development:

An amount of Rs. 75 lakhs was routed through LIGHT for local area development activities in Himachal Pradesh.

Environment Sector:
Efforts were made to develop and inculcate among the Kondapalli artisans, the use of vegetable colours and dyes for the colouring of the toys. These became viable alternatives to the use of synthetic and chemical based colours which contribute to environmental degradation.

Relief & Rehabilitation:

· 3140 persons with disability have received aids/appliances through four artificial limb fitting centres (ALFCs).

· As a result of a study conducted by Mobility India on the ALFCs additional machinery required to bring in quality finish for the aids have been procured.

· During the year LIGHT has supported skill training of 30 survivors of Trafficking

· 30 People living with HIV have been supported for training in jute-processing

· In partnership with Starkey Foundation LIGHT has provided hearing aids to 380 children in Andhra Pradesh

Sports & Culture:

· Support was rendered to the Andhra Pradesh Amateur Athletic Association for the promotion of athletes and events.

· LIGHT supported the twenty-first edition of the Olympic Day run, organized by the Andhra Pradesh Olympic association on 24 June 2007.

· Supported budding archers from Vijayawada by supporting the Volga Archery Academy for purchase of state of the art archery kits.

· Supported LANCO-JHIC Junior tennis under 16 series held in February 2008.

Annual Report, Pg. 14

CSR activities are considered to be an integral part of the company’s business. With these guiding principles the company has initiated CSR activities to address the needs and issues of people living in the area. Such activities include Healthcare, Education and Vocational Training.

Source:

www.lancogroup.com/socialresponsibility/annualreport.html CSR Annual Report '07-'08

www.lancogroup.com/socialresponsibility/programmes.html

www.lancogroup.com/socialresponsibility/activities.html

www.lancoindustries.com/Annual%20Report-2007-08.pdf pg 14

Karmayog Comments: No specific CSR of the company related to its sector. CSR mentioned is of the Lanco Group.

Contact Information:
Lanco Industries Ltd.

Rachagunneri (V) & (PO)

Srikalahasti (Mandal)

Chittor District - 517641

Andhra Pradesh, India

Phone : 08578 - 287650-55