proceedings_csr 2013.pdf

8/14/2019 Proceedings_CSR 2013.pdf

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Seminar on

The Companies Bill 2013&

Corporate Social Responsibility

Proceedingsof

11thOctober 2013,

Hotel Fortune Select Exotica,

Vashi, Navi Mumbai, Maharashtra

India

Organized By

General Carbon Advisory Services Pvt. Ltd.5thfloor, Great Social Building

60, Sir Pherozeshah Mehta Road, Fort

Mumbai, Maharashtra 400001, IndiaOnly for private circulation


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For additional copies of the proceedings or for more informationPlease visit our website

www.general-carbon.comor write to us [email protected]

General Carbon Advisory Services Pvt. Ltd.

5thfloor, Great Social Building 60, Sir Pherozeshah Mehta Road,

Fort, Mumbai, Maharashtra- 400001, India

Tel: +91 22 2266 3201/3301
http://www.general-carbon.com/http://www.general-carbon.com/mailto:[email protected]:[email protected]:[email protected]:[email protected]://www.general-carbon.com/


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ACKNOWLEDGEMENTS

The General Carbon Advisory Services Pvt. Ltd is thankful to RSM Astute Consulting Group

for their support and involvement in the fruitful conduct of the seminar on the Companies

Act 2013 and Corporate Social Responsibility.

The seminar would not have been possible without the time and energy put forth by the

panelists: Shri. K.H. Viswanathan, Executive Director with RSM Astute Consulting Group,

Dr. M. Thiripal Raju, Director, Indian Institute of Capital Markets, Shri.Paresh Tewary,

Chief Sustainability Officer for JSW, Group, Ms. Shubha Srinivasan, Head, National CSR Hub,

TISS, Shri. G Udaya Bhaskar, Senior Vice-President, Reliance Industries and

Mr Zakir H Molla, Chief Manager CSR, HPCL.

We appreciate and thank participants and representatives of various companies for their

active and insightful participation during the discussion sessions: Mahindra, Galaxy, Centre

for Advance study in Microfossils, Bajaj Electricals Ltd, Essar Projects, RSM Astute

Consulting Group, Cipla, JM financial, Thermax, SEBI, Bajaj Electricals Ltd, Samuchit Enviro

Tech Pvt. Ltd, Hindustan Construction Co. Ltd, Blue Dart, INTELESCO, RPG Enterprises, Tata

Consultancy Services, Godrej, Eureka Forbes, EU chambers of Commerce in India, J.K.

Investo Trade India Ltd, ACC Limited, Suresh Surana & Associates LLP, Bayer Material

Science, Sovereign Tech Engineering Services Pvt Ltd, Just Bespoke Advisory LLP, Axis

Bank Foundation, Acuity Law, Bharat Bijlee, Infrastructure Today, Welspun, Ambuja

Cement, Bureau Veritas, Indian Urban , Wartsila, Raymond Ltd, The Varhad Group,

Somaiya College, Landscapers and Paradigm Shift.

In closing we would like to recognize the special efforts of General Carbon team for

contributing enthusiastically towards organizing the seminar and bringing together an

informative compilation of the proceedings of seminar on the companies act 2013 and CSR.

General Carbon Advisory Services Pvt. Ltd.

October 2013


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Executive Summary

Introduction to the Companies Act 2013 & CSR

Panel Discussion on Companies Act 2013 & CSR provisions

Presentation:

o Clean Energy Clean Water programme- A Robust UN monitored CSR Actiono We Cherish People - JSW Groupo CSR at Ambuja Cements Ltdo Sustainability Software Tools- ISustain, WeSustain and AlgoEngines

Appendices

Appendix I : Seminar ProgrammeAppendix II: About General Carbon Advisory Services Pvt. Ltd

CONTENTS


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A one day seminar was organized by General Carbon Advisors, on 11thOctober 2013 at the

Hotel Fortune Select Exotica, Navi Mumbai, Maharashtra, India on the contemporary and

key issue of Corporate Social Responsibility in the new Companies Act, 2013. CSR in India

has been interpreted and practiced in variety of ways including philanthropic

contributions. With the introduction of the New Companies Act 2013, CSR has now found a

new dimension in Indian context for the companies.

The seminar brought about clarity in understanding the finer points of the CSR rules, with

discussions specifically focusing on ideas for activities and projects that fulfill a companys

CSR obligation as per the Act and Draft Rules. The seminar also dwelt on guiding principles

in the rules mentioned and its implications. Eminent panelists like Shri. K.H. Viswanathan,

Executive Director with RSM Astute Consulting Group, Dr. M. Thiripal Raju, Director, Indian

Institute of Capital Markets, Shri.Paresh Tewary, Chief Sustainability Officer for JSW, Group,

Ms. Shubha Srinivasan, Head, National CSR Hub, TISS, Shri. G Udaya Bhaskar, Senior Vice-

President, Reliance Industries and Mr Zakir H Molla, Chief Manager CSR, HPCL discussed

the new legislation and felt that this will align the Indian business practice with global

standards of CSR practice, enhancing the standards of corporate governance and

transparency and would draw money and more importantly other resources such as

managerial capacities from business to contribute towards inclusive development.

Further, General Carbon demonstrated improved stoves Chulika & water purifiers

programme that is approved by UNFCCC and MoE&F which companies can adopt using the

corporate social investment mandated by the new companies act. The programme and

technology will help combat global warming and hence generate UNFCCC approved carbon

credits, prevent deforestation and deliver health benefits to the community. The JSW and

Ambujas who have already invested into this initiative have shared their exciting

experience. Many businesses exhibited interest in adopting this programme.

Further, software tools for management of sustainability function in a business

organization like iSUSTAIN, WEsustain and Algo Engines were demonstrated.

EXECUTIVE SUMMARY


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WELCOME NOTE

The seminar started with a welcome note by Dr. Rambabu, CEO, General Carbon Advisory

Services Pvt. Ltd. Dr. Rambabu introduced the programme and welcomed the panelists,

speakers and guests to the deliberations through the day. He further introduced issues and

concerns regarding new Companies Act 2013 and said The corporate sector in India has

been involved in Community Development activities but with the bill, the companies will

now require to follow a structured process and disclosure norms.

An Audio Video presentation on the Act and rules and provisions in the act of 2013 - CSR

was displayed. In this, the participants were duly informed and reminded of the text in the

act and the draft rules. Dr. Rambabu ended his brief address by welcoming all the panelists

and participants for active participation in thoughtful discussions and deliberations during

the course of the day.

Photograph: Dr. Rambabu, CEO, General Carbon at the inaugural session

INAUGURAL SESSION


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The Companies Act, 2013 has been assented by the President of India on 29thAugust 2013

and published in Official Gazette on 30th August 2013. The Act empowers the Central

Government to bring into force various sections from such date(s) as may be notified in the

Official Gazette.

The proceedings of the seminar The Companies Act 2013 and CSRare prepared keeping

the provisions of the 2013 Act and does discuss the provisions of the Rules keeping in mind

that these are in draft stage and are subject to change once the feedback of the stakeholders

is received by the Ministry of Corporate Affairs (MCA) and incorporated in the final rules.

Panel Discussion was divided into four rounds

Round - I : Overview of the CSR provisions in the companies act 2013 Round - II : Can CSR integrate economic, environmental and social objectives with

the companys operation growth

Round - III: Collaborative CSR Efforts Round - IV : Conclusion Remarks

Photograph: Panelists (from Left to Right: Shri. K.H. Viswanathan, Director with RSM Astute

Consulting Group, Shri.Paresh Tewary, Chief Sustainability Officer for JSW Group, Ms. Shubha

Srinivasan, Head, National CSR Hub, TISS, Dr. Rambabu, CEO, General Carbon, Mr Zakir H Molla, Chief

Manager CSR, HPCL , Dr. M. Thiripal Raju, Director, Indian Institute of Capital Markets, Shri. G Udaya

Bhaskar, Senior Vice-President, Reliance Industries

SESSION PROCEEDINGS


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ROUND - I: Overview of the CSR provisions in the Companies Act 2013:

Dr. Rambabu, CEO, General Carbon, as a moderator of the panel, provided a brief account of

the CSR provisions (section 135) in the newly enacted Companies Act. He invited the

panelists to focus on the key questions of how the provisions came into existence and the

desirability and applicability of it. Why was the need to have CSR as a mandatory

provision? How the current rules if implemented can improve stakeholder trust and long

term shareholder value and economic development in India.

Shri. G Udaya Bhaskar, Senior Vice-President, Reliance Industries, said with the act of 2013

it would be interesting to see how businesses use the new provision of CSR rules in the

interest of business and society. He also wanted the panel and participants to deliberate

whether Government has relinquished its responsibility with the new provision of CSR and

wondered if CSR mandate can work in a soft legal(penalty not specified) path. He further

quoted an example of an survey carried out by IIM, Kolkotta on CSR Indexing, a base line

study for about 200 companies of which more than 150 companies contribute to CSR and

out of these companies about 68 companies have their own trust working on CSR and focus

on health, education and women empowerment.

Dr. M. Thiripal Raju, Director, Indian Institute of Capital Markets, said as far as the

desirability of the act is concerned, the law is definitely required and it has come probably

late. He mentioned that there is a need for companies to make their business sustainable

for long term and for that the society and stakeholders have to be healthy.

Mr Zakir H Molla, Chief Manager CSR, HPCL, said, once the law is made mandatory, it no

longer becomes just responsibility but it becomes accountability, creating benefits to the

society at large.

Ms. Shubha Srinivasan, Head, National CSR Hub, TISS, said that the challenge of the

provision of rules and act is identifying credible and competent implementing agencies or

NGOs and how companies can engage with them. She mentioned that CSR hub at TISS, is

empanelling 235 NGOs of various verticals. She said as far as th e act is concerned its too

early to argue whether the act will have viable benefits, as of now the act covers the

quantitative aspect (expenses and projects) and would be good to see inclusion of


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qualitative aspect (benefits to the community and business) once the act becomes notified.

She also mentioned that the provision of the rules should trickle down to the beneficiaries.

Shri. Paresh Tewary, Chief Sustainability Officer, JSW Group said, the act 2013 specifically

shifts focus from charity to responsibility and accountability, from inputs to outcomes,

from spend to impact and towards inclusive growth. With the act coming into being

corporates might gain by developing their current and future markets, measurable inputs

to public welfare at large and stakeholders; and in turn the county will gain.

Shri. K.H. Viswanathan, Director, RSM Astute Consulting Group raised a question whether

the CSR provisions in the Companies Act 2013 shifts a part of its responsibility to

corporate, in order to improve delivery efficiency by effectively using managerial and

other resources of the corporate. He also suggested that the companies can use such CSR

budgets to further indirectly and in the long term to propel their business. He further

stated that if the connect is established as to how the act will benefit the company and

society, then the implementation and the act in itself will be a grand success and without

this connect the act will be a mere compliance and form filling exercise. If this is achieved

then it will be great revolution in Corporate India. He highlighted that as the Government

machinery may find it difficult to administer to all the corporates in India which are

earning profits of more than 5 crores, it may be prudent to take up the administration of

the provisions in phases. Also better guidance on where to spend and what constitutes CSR

is desired.

The new Companies Act has a distinctive definition of CSR and the activities listed inthe Schedule 7 of the Act.

The CSR provisions in companies act is desirable and has in fact come a little late.The results of these provisions can be very beneficial if the provisions are

implemented in spirit not just by words.

The text in the act and rules links CSR to stakeholder value, triple bottom lineand shared value. Barring a few places, the act and the rules does not state that

CSR project cannot benefit business (indirect and long term)

Key Issues


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The companies need to undertake the CSR initiatives as projects and the outcome isto be measurable and board is responsible for monitoring.

CSR is not charity or philanthropy anymore in Indian context. CSR activities need to be reported in the annual report of every company that

would in turn be made available in public domain.

Execution efficiency of community development efforts of the public and privatewould improve as the corporate will bring in managerial and other resources

It may be prudent to take up the administration of the provisions in phases.

ROUND II: Can CSR integrate economic, environmental and social

objectives with the company's operations and growth?

The session focused on the guiding principle of Draft CSR Rules 2013 which states that

"CSR projects/programmes of a company may also focus on integrating business models

with social and environmental priorities and processes in order to create

shared value. Socially responsible companies use CSR to integrate economic,

environmental and social objectives with the company's operations and growth.

Dr. Rambabu, CEO, General Carbon, suggested that the panel may focus on providing

answers to

What is the implication of the guiding principle in the draft rules that mention triplebottom line and shared value while talking of CSR?

Does it mean that the CSR projects can be designed to derive long term and indirectbusiness benefits?

Can we take some examples of projects that use CSR to integrate economic,environmental and social objectives with the company's operations and growth?

What constitutes CSR expenditure? Cite cases of CSR activities that can/cannot beincluded under the 2% CSR spend -that can be considered as going beyond the

normal course of business?

Shri. G Udaya Bhaskar, Senior Vice-President, Reliance Industries, said in the present

scenario, if the profit is zero or negative business house has no obligation to spend on CSR.

CSR provisions in the companies act 2013 make provision for business, community


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development and environmental protection to be connected and integrated. He said the

good thing of Companies Act 2013 CSR rules is that, it is directly linked to business activity

and CSR being not exempted can create long term shared value. He cited an example of an

idea that was floated a year and half year ago about a project on degraded forest areas

greening through corporates, with the focus of working together with Government on

Green India Mission. Most of the CSR projects focus on education and mobile health clinics.

If projects on environmental sustainability are considered in depth by government and

corporates together, they can also add direct benefits to the company and society at large.

Dr. Rambabu, said does product stewardship programme can be included in shared value

projects, he stated that such programmes can be business projects but not Business As

Usual Projects (BAU) and such projects can touch the bottom of the pyramid.

Dr. M. Thiripal Raju, Director, Indian Institute of Capital Markets, said, CSR expenditure

contributes to increase in profits and GDP. Citing an example, he said, good health of the

employees increases productivity, improves GDP, which considered at micro level can be a

CSR initiative, a direct benefit to the company and a direct benefit to the society. At macro

level, problems the country is facing is poverty, health, sanitation and water and the

purpose of the business is to address these social problems pooling in their resources.

Shri. Paresh Tewary, Chief Sustainability Officer, JSW Group said, Credibility of the business

with reference to utilization of this 2% would be critical to the extent of boards

responsibility on its deployment where, for whom, and reporting. He said that the law

would help bring in execution efficiencies of corporates in a participatory approach

towards development of India which in turn contributes towards corporate citizenship,

equity and growth. He supported the contention by Dr. Rambabu by quoting that act &

rules 2013 looks beyond 2% spend and desirability and applicability to the kind of projects

qualifying for CSR would be the key issue.

Shri. K.H. Viswanathan, Director with RSM Astute Consulting Group said we cannot have

CSR objectives outside the business objectives, they coexist with each other. He cited

examples of Colgate, Parle-G and Bisleri packaged drinking water initiatives. He mentioned

Colgate started a social initiative in the African Continent by distributing toothpaste and

tooth powder free of cost to the tribal population to improve the hygiene level and what


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started as a social initiative had a clear business objective and it succeeded. Similar was

the case with PARLE-G and Bisleri where the objective was to ensure a packaged

promotional aid to go to the bottom of the pyramid with the real intention of business.

Ms. Shubha Srinivasan, Head, National CSR Hub, TISS, cited an example of awareness

programme on nutritional requirements for poor section of the society create shared value

and can be quantifiable. Such programmes not just aim at business but also address social

problems and the impact can be measured which will be an advantage for the company.

Mr Zakir H Molla, Chief Manager CSR, HPCL, said, If Business grows, community grows and

the profit ploughs back to business. He said whatever is done through CSR is not always

philanthropy, there should be a strategic intent to it. In simplified terms he said, CSR by

Business is a foresight, citing example of his company HPCL which worked on providing

community kitchen services where villagers come and perform their day to day activity and

requirements as per need, where in no trees are cut, providing a perfect example for being

environmentally sustained and raising profit to company.

One of the participants Mr. Sudhir Sinha, Corporate Head Communications, Cipla during the

Q&A suggested that companies should find innovative ways and means as to how to really

spend the amount on CSR annually and align it with mitigation of negative impacts of their

business activities, as schedule VII is limited.

The key points from the operating provisions of the CSR rules 2013 were discussed:

Net Profit for the section 135 and these rules shall mean net profit before tax as perbooks of accounts and shall not include profits arising from branches outside India.

2% CSR spending would be computed as 2% of the average net profits made by thecompany during every block of three years. For the purpose of First CSR reportingthe Net Profit shall mean average of the annual net profit of the preceding three

financial years ending on or before 31 March 2014.

CSR activities may generally be conducted as projects or programmes (either new orongoing) excluding activities undertaken in pursuance of the normal course of

business of a company.

Key Issues


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Some ideas: CSR by Business is a foresight CSR may align with mitigation ofnegative impacts of business activities CSR expenditure contributes to increase

in profits and GDP- good health of the employees increases productivity, improves

GDP, which considered at micro level can be a CSR initiative

The CSR Committee constituted under sec. 135(1), shall prepare the CSR Policy ofthe company which shall include: a. Specify the projects and programmes that are to

be undertaken. b. prepare a list of CSR projects/programmes which a company

plans to undertake during the implementation year , specifying modalities of

execution in the areas/sectors chosen and implementation schedules for the same.

CSR projects/programmes of a company may also focus on integrating businessmodels with social and environmental priorities and processes in order to create

shared value.

CSR Policy of the company should provide that surplus arising out of the CSRactivity will not be part of business profits of a company

ROUND III: Collaborative CSR Efforts:

The round III emphasized on discussing how Companies can collaborate or pool resources

with other companies to undertake CSR activities and any expenditure incurred on such

collaborative efforts would qualify for computing the CSR spending.

Dr.RamBabu, invited the panelists to provide their opinion on collaborative CSR efforts

and focus on providing answers to

Who can play leading role in such joint efforts.governments (recent Chhattisgarhgovernment plans)? Civil society? Consultants? Industry associations?

Provide examples of existing programmes where these CSR investments can go? Can CSR funds be invested into social ventures or funds for impact investing?

Dr. G Udaya Bhaskar, Senior Vice-President, Reliance Industries, said Environmental

sustainability projects with focus on private-public partnership including the local

communities such as greening and recycling projects under joint efforts (public private &

private private) needs to be taken up as a part of CSR investment. Citing an example for


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recycling, he said Reliance Industries recycles the PET bottles and 10% of their

requirements come from recycling.

Dr. M. Thiripal Raju, Director, Indian Institute of Capital Markets said business expenses

may be booked under CSR and this is not desirable. He raised a question whether spending

on R&D is CSR or not? It may constitute new drug/food supplement development

addressing nutrition problems. He further suggested that the projects focusing on

Education and health needs to be addressed by the corporates and CSR investments can go

in education and health programmes.

Ms. Shubha Srinivasan, Head, National CSR Hub, TISS said, community interest and

stakeholder interest should be one; the purpose of shared value in CSR should be

quantifiable. The aspirations from the act will be in terms of greater impact rather than

mere outcome and greater social transformation apart from economic growth. She said

social accountability can be structured by indicators and activities like self help groups and

women empowerment is quantifiable as a part of CSR.

Mr Zakir H Molla, Chief Manager CSR, HPCL said if he would have to think of an example of

project where CSR investment can go, he added skill development would be an ideal

project benefiting community at large.

Shri. Paresh Tewary, Chief Sustainability Officer, JSW Group said, mid-day meals, toilets,

sanitation are good examples of project mode initiatives that companies can adopt as CSR

focus.

Shri. K.H.Viswanathan, Director, RSM Astute Consulting Group addressed the tax issues of

the act. He mentioned that it would be ideal to have partnerships between the Government

and Corporates rather than partnerships between corporates so that there will be efficient

use of funds.

Analysis of CSR spend of around 45 companies, a survey cum study carried out byGeneral Carbon concluded that 73% corporates are spending less than 2% of their

net profits on CSR.

Environmental sustainability projects with focus on private-public partnershipincluding the local communities such as greening and recycling projects under joint

Key Issues


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efforts (public private & private private) that needs to be taken up as a part of CSR

investment. It would be ideal to have partnerships between the Government and

Corporates rather than partnerships between corporates.

ROUND IV: Concluding Remarks:Round IV included concluding comments from Dr.Rambabu and the panel Panelists felt that

the good practice for the companies is to develop and deploy programmes that generate

value for the company and also to the other stakeholders. Important compass in this

voyage will be value elements of social, economic and environment.

A crucial question raised during the concluding session was on Ethics. As an example

environmental or health damages of products or the basic business viz., businesses in

tobacco and alcohol or weapons or an FI financing non renewable energy generation or

pesticides etc. General feeling on this issue was, that the CSR requirements, need not be

judgmental and should be more objective and pragmatic.

One of the participants from Wartsila said, CSR activity should have direct and immediate

benefit and shared his view on product innovation and product stewardship. Another well

appreciated suggestion was need of sector wise framework to be included in Schedule VII

of activities.

The panel discussion provided insightful discussion with seamless exchange of thoughts

between the panelists and participants expecting that the Companies act 2013 CSR

provision would facilitate business-friendly regulation, improve corporate governance

norms, enhance accountability and raise levels of transparency.


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A special announcement was made by Dr. Rambabu, CEO, General Carbon about RSM

Astute acquiring stake in GC. Dr. Rambabu said GC is excited to be associated with a

leading and respected brand like RSM Astute. With the changing regulatory landscape on

Sustainability and Energy areas along with the increased global action there will be an

opportunity to leverage on the strengths of both RSM Astute Consulting Group and GC.

General Carbon Advisory Services Pvt. Ltd will hence forth be called as RSM GC Advisory

Services Pvt. Ltd. Mr. K.H. Viswanathan, Director, RSM Astute Consulting Group, said with

the new Company law and SEBI regulations on Corporate Social Responsibility, RSM GC

will witness a significant growth ahead in its environmental and sustainability consulting

practice.

RSM Astute Consulting is the Indian member of RSM International, the seventh largest

network of independent audit, tax and advisory firms in the world. With a team of 1,100

people in India, RSM Astute Consulting Group offers services in internal audit and risk

management,taxation,corporate advisory and structuring, operations consulting, financial

process outsourcing, information technology (IT) solutions, labour law compliance review

and risk management.

ANNOUNCEMENT

Photograph: The team of GC and RSM during the announcement of RSM Astute acquiring

stake in GC
http://timesofindia.indiatimes.com/topic/Risk-Managementhttp://timesofindia.indiatimes.com/topic/Risk-Managementhttp://timesofindia.indiatimes.com/topic/Taxationhttp://timesofindia.indiatimes.com/topic/Taxationhttp://timesofindia.indiatimes.com/topic/Risk-Managementhttp://timesofindia.indiatimes.com/topic/Risk-Managementhttp://timesofindia.indiatimes.com/topic/Risk-Management


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Ms. Betsy Vincent, Vice President, General Carbon shared during her presentation that

globally about one - third of the total human-induced warming effect due to GHGs comes

from Agriculture and Land Use Change, in India 28% of total GHG emissions are

contributed by agriculture and forestry. She mentioned the key challenges ahead include:

Inability to monitor / control wide spread dispersed nature of emissions Poverty Low access to and inability to implement clean technologies Lack of knowledge, leading to low levels of awareness and participation Increased dependence on forests illegal logging, dwindling agricultural income

leads to man nature conflicts

Limited financial ability so far of educational institutes, governments, not for profitsectors to upscale pilots and have large impacts.

Photograph: Ms. Betsy Vincent, Vice President, General Carbon during the presentation on Clean

Energy & Clean Water Programme

PRESENTATION I

CLEAN ENERGY & CLEAN WATER PROGRAMME - ONE MILLION RURAL HOUSEHOLDS BY

2015 Ms. Bitsy Vincent, Vice President, General Carbon


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GENERAL CARBONS CLEAN ENERGY & CLEAN WATER INITIATIVE

Launched in 2012 20, 000 households in Rajasthan, Gujarat and Maharashtra are being provided

Clean Energy Clean water through:

1. Innovative and Efficient technologies2. Partnerships with Business and Voluntary Sector3. Climate and CSR Finance are Sustainably combined

The presentation addressed The Clean energy and Clean Water program having adual impact of reducing Green House Gas (GHG) emissions and improved

community health with exhibits of energy efficient stoves and water purifiers.

General Carbon facilitates project developers work with existing representative

community organizations, where possible. Where none exist, communities are

encouraged to organize themselves into an association for the purposes ofparticipating in the project of Clean Energy and Clean Water programme.

JSW GROUP CSR We Cherish People Ms. Vidya Gorakshkar, JSW GROUP

CHULIKA improved stoves project partnering General Carbon, JSW, MAVIM & Area

Resource Centres of MAVIM was key highlight of the presentation. The validation process

by Bureau Veritas field visit followed by the UNFCCC registration process for improved

stoves spearheaded by General Carbon was explained. JSW group mentioned it was

learning experience during the course of project and said, There is a need for not be just

giving away goods concept but also build a system of checking the usage, reporting, repair

& maintenance.

PRESENTATION II


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Photograph: Ms. Vidya Gorakshkar, JSW GROUP during the presentation We Cherish People

CSR @ AMBUJA CEMENTS LTD Mr. Sunil Rana, Program Co-ordinator,AMBUJA CEMENTS LTD.

Mr. Sunil Rana presented Ambuja Cements Ltd mission of Value for All with main focus on

energized society and healthy environment being key parameters in the present context.He said the road towards sustainability includes:

Initial stage - demand driven and philanthropic mode Second Stage - Need for a more strategic mode Present Stage Engagement with community for long term sustainability

COMMUNITY DEVELOPMENT INITIATIVES:

Natural Resource Management (Water & Land) Livelihood (Agro based, Skill based) Human Development (Health, Education, Women & Youth, Infrastructure) Mason Training Project Affected People (PAPs)

A major intervention of improved stoves with a project scope of 10000 households in

Gujarat and Rajasthan States was shared during the presentation.

PRESENTATION III


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Photograph: Mr. Sunil Rana, Program Co-ordinator, Ambuja Cements Ltd, CSR @ Ambuja Cements Ltd

SUSTAINABILITY SOFTWARE TOOLS -

Mr. Akash Mokhriwale, Manager -Sustainability, General Carbon

Mr. Akash emphasized on the benefits of sustainability IT tools, which include:

Reduce risk of incorrect data

More analysis time and less spreadsheet work Increases employee productivity Notifications, alerts Instant report generation Secured data Forecasting and target-setting

The main highlight of the presentation which received remarkable appreciation from the

panelists and participants was on demonstration of sustainability ERP solutions:

WeSustain, i Systain and Algo Engines.

WeSustain, a German based firm offers IT tool for Enterprise SustainabilityManagement.

iSystain, a Austrailian based company offers solutions related to health, safetyenvironment and CSR management processes.

PRESENTATION - IV


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Algo Engines, an Indian IT solution provider, has introduced a sustainabilityperformance management solution that provides both cloud based and on-premise

installation. Built with PAT, RPO and domestic reporting requirements in mind, this

solution offers carbon, energy, incident and CSR program management.

Photograph: Mr. Akash Mokhriwale, Manager Sustainability, General Carbon during the

presentation on Sustainability Software Tools

Snap shot of Sustainability Software Tools Presentation


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SEMINAR PARTICPATING ORGANIZATIONS

A total of 40 organizations attended the seminar with 54 participants representing their

respective companies. The organizations include: Mahindra, Galaxy, Centre for Advancestudy in Microfossils, Bajaj Electricals Ltd, Essar Projects, RSM Astute Consulting Group,

Cipla, JM financial, Thermax, SEBI, Bajaj Electricals Ltd, Samuchit Enviro Tech Pvt. Ltd,

Hindustan Construction Co. Ltd, Blue Dart, INTELESCO, RPG Enterprises, Tata Consultancy

Services, Godrej, Eureka Forbes, EU chambers of Commerce in India, J.K. Investo Trade

India Ltd, ACC Limited, Suresh Surana & Associates LLP, Bayer Material Science, Sovereign

Tech Engineering Services Pvt Ltd, Just Bespoke Advisory LLP, Axis Bank Foundation,

Acuity Law, Bharat Bijlee, Infrastructure Today, Welspun, Ambuja Cement, Bureau Veritas,

Indian Urban , Wartsila, Raymond Ltd, The Varhad Group, Somaiya College, Landscapers

and Paradigm Shift.

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APPENDIX - I

Seminar on Companies Act 2013 & CSR

Oct 11th2013, Friday

Fortune Select Exotica Hotel, Plot No. 16, Sector 19 D

Vashi, Navi Mumbai

09:30 - 10:00 hrs : Tea

10:00 - 12:00 hrs : Panel Discussion on Companies Act and CSR

Panelist:-Mr. G Udaya Bhaskar : Reliance Industries

Dr. M T Raju : Indian Institute of Capital Markets

Mr. Zakir H. Molla : Hindustan Petroleum Corporation Limited

Ms.Shubha Srinivasan : Tata Institute of Social Sciences

Mr. Paresh Tewary : JSW

Mr. K.H.Viswanathan : RSM Astute Consulting

Dr. Ram Babu : General Carbon Advisory Services Pvt Ltd

12:00 - 12:15 hrs : Tea

12:15 - 12:30 hrs : Announcement

12:30 - 13:15 hrs : Discussion on Clean Energy and Clean Water Programme

13:15 - 13:30 hrs : Presentation on CSR perspectives

13:30 - 14:30 hrs : Lunch

14:30 - 15:30 hrs : Presentation on CSR Software Tools

WE Sustain

i Systain

Algo Engines

15:30 - 16:00 hrs : Tea

PROGRAMME


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APPENDIX - II

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We are a leading advisor with expertise across electricity renewable energy, energy

efficiency, sustainability assets, carbon markets and carbon offset project development.

General Carbon Advisors assist clients to manage their sustainability, energy and

environmental functions effectively. General Carbon Advisors facilitates clients to assess

and harness the opportunities from emerging regulations in Renewable Purchase

Obligations (RPOs)/ Renewable Energy Certificates (RECs) and Energy Efficiency

Certificates for the clients. We are preferred partners for many businesses in India and

Southeast Asia for managing sustainability transformation. With active participation in

policy formulation and experience with developing strategies for efficient sourcing of

energy and environmental commodities, we are the chosen partners for leading

corporations.

It offers to many clients across India, South East Asia, Africa and Europe wide range of

carbon offset services including - CDM project development, PoA development, carbon

finance advisory and due diligence services. We provide energy and sustainability strategic

advice to guide leading corporations in development and deployment of their energy,

sustainability and climate strategy.

General Carbon Advisors leverage its potent combination of technical & financial resources

to deliver value to clients. We are Delivering Sustainable Value.

ABOUT US

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