CSR POLICY

Godfrey Phillips India Limited firmly believes and lives the values of Corporate and Social Responsibility and pledges to sustain its effort towards being Responsible and Accountable for its business at all times. The Policy displays the Company and its employee's commitment to the community we work with and the environment from which we extract resources. We will ensure that our CSR initiatives integrate social and environmental considerations into our businesses apply to all our operations, is incorporated into our governance, management, business strategy, and daily decisions and actions.
Our vision is to continually strive to be good Corporate Citizen by investing in constant improvement and focus on education and HIV/AIDS, contributing to the community through holistic welfare activities, safeguarding the interest of the farmers and helping women to enhance their livelihood opportunities, strive for developing educational infrastructure in backward regions so as to meaningfully contribute not only to the community but the nation we proudly belong to.

Guiding Principles

  • We will be responsible for the development of our co-communities, would not only reduce the negative impact if any, but work towards improvement of their quality of lives.
  • We will leverage our resources, expertise, services, relationships and influence for the benefit of our communities and our community partners.
  • We will take our stakeholder/community interests into account in our decision-making in the short and long-term.
  • We will strive towards improving accessibility to education amongst underprivileged communities
  • We will actively work towards providing solutions to better and sustained livelihood, infrastructure development, welfare through education, healthcare, sanitation and hygiene and limiting/eradicating prevalent social issues in our community.
  • We will contribute towards prevention of the spread of HIV/AIDS, enhance awareness and erase the myths and misconceptions surrounding it.
  • We will regularly monitor implementation of this policy, outcomes of our initiatives and publicly report on our progress in a transparent and effective manner.
  • We will continually review our CSR policy, business practices and governance to encourage evolution.

Implementation Process

The projects identified for focus by the Company have emanated from the core value of ‘support and participation in addressing societal and environmental concerns'. The projects have been solidified with the participation of the business units, employees and the community they work with and the prioritisation and focus areas emerged as sustained livelihood, improved quality of life, rural development, education and empowerment of marginalised section of the community, especially women and children.
Therefore the causes in alignment with our businesses and values are:

  • Good Agricultural Practices
  • Model Village/Habitation Development- Co Community Development
  • Skill Development and Women Empowerment
  • Education for underprivileged communities
  • Prevention of HIV/AIDS and Support to People Living with HIV/AIDS
  • Disaster Relief and Rehabilitation

Winning trust internally and externally

  • Build enduring relationships with all stakeholders including employees, shareholders and trade/alliance partners, and honor all commitments.
  • Encourage transparent and fair systems and policies.

Global mindset

  • Constantly benchmark in all areas against the best globally, and strive to exceed those benchmarks.
  • Develop opportunities through a global network of distributors and alliances.
  • Socially responsible corporate citizen
  • Ensure the compliance of all applicable laws and the highest standards of corporate governance.
  • Support and encourage employees to actively participate in identified social and environmental concerns.

Implementation Process

The projects identified for focus by the Company have emanated from the core value of ‘support and participation in addressing societal and environmental concerns'. The projects have been solidified with the participation of the business units, employees and the community they work with and the prioritisation and focus areas emerged as sustained livelihood, improved quality of life, rural development, education and empowerment of marginalised section of the community, especially women and children.
Therefore the causes in alignment with our businesses and values are:

  • Good Agricultural Practices
  • Model Village/Habitation Development- Co Community Development
  • Skill Development and Women Empowerment
  • Education for underprivileged communities
  • Prevention of HIV/AIDS and Support to People Living with HIV/AIDS
  • Disaster Relief and Rehabilitation

The CSR Committee

As per the Companies Act 2013, the Company has to set up a Corporate Social Responsibility Committee with representation by a minimum of three Directors of the Board, with at least one of them being an Independent Director. The CSRC will be responsible for formulation of the company's CSR Policy and the activities to be undertaken, recommending the expenditure to be incurred on each of these activities and monitoring the CSR Policy from time to time.
The members of the CSR Committee are:

  • Mr. R.A. Shah-Chairman
  • Mr. K.K. Modi
  • Mr. Anup N. Kothari