CSR

CORPORATE SOCIAL RESPONSIBILITYCSR ACTIVITIES OFRETAIL INDUSTRY

GROUP MEMBERS YASIR CHOWDHARY(ROLL NO. 6) NITIN B KORI(ROLL NO.16) NIKITA PATIL(ROLL NO.26)SHAHNAWAZ SORATHIA(ROLL NO. 36)

Name of the company : RENOVA RETAIL LIMITEDCompany ProfileCompany’s Slogan: RefreshCompany’s Vision: We shall deliver everything everywhere everytime for everyconsumer in the most profitable manner.Company’s Mission: We share the vision and belief that our customersstakeholders shall be served only by creating and executing future scenariosIn the consumption space leading to economic development. We will be trendsetterIn evolving delivery formats, creating realty, making consumption affordablefor all customer segments for classes and for masses. We shall infuse brandswith confidence and renewed ambition. We shall be efficient, cost-control andcommitted in whatever we do. We shall ensure that positive attitude, sincerity,humility and united determination shall be the driving force to make us successful.Company Type: Private

CORE CSR AREAS1) Community Welfare2) Poverty Eradication3) Rural Development4) Sports5) Vocational Training6) Water

CSR ACTVITIES1) Vocational Training2) Empowerment3) Rural Development

CSR activities in briefIt has always been our belief that being an ethically, socially and environmentallyresponsible organization is the best and the most efficient way to earn trust andgoodwill of millions of customers and stakeholders. As a sustainable business thatnurtures its supply partners, which cares for its community, empowers itsemployees and strives to be a positive change agent in society, we are confidentthat your company will be the one which retains the trust of society and builds aStrong foundation for long-term, sustainable growth.Beginning, we implemented a 52-week calender of events to celebrate. Thisreflects every festival, sporting, lifestyle and leisure events from aroundthe world as well as social causes like Environment Day.We nurture young talent. Upcoming sportsmen who have a great passion forsports are being assisted by us to develop their sporting ability. We providethem sports equipment and as well as other training resources.

We are a beacon of hope for those in adversityWe provide assistance to those who are needy. We constantly help thosepeople whose income is low and do not get all the basic facilities. Our companyprovides them employment. Many of them are recruited by our company in ourretail stores.We have tie-ups with many rural educational institutes, NGOs and Governmentbodies. Thousands of employees are recruited by our company through ruralrecruitment drives with the help of these organisation.Our company also provides employment to young mothers and housewiveswho are willing to take up jobs at our stores. These form a part of Our initiativesto act as positive change agents of our society and spread the benefits of modernRetail in areas where we do not have retail operations.As an organisation we firmly believe that talent is our biggest asset and tocontinuously identify, nurture and train talented professionals, we have set up aSpecialized unit.We have also tied up with many universities to offer retail courses. The visionis to make more people employable.

We are empowering entrepreneurs and producers.We believe that it is our responsibility to engage more meaningful withcommunities residing in and around many of our stores, as well as provideThose without the means to improve their economic and social well being.initiatives are today focused on building a platform and providing distributionand market outreach to women led organizations engaged in providing foodproducts, textiles and handicrafts.An immensely successful initiative of this nature was ‘Yatra’, a joint effortbetween our company and NGO. The purpose was to encourage the efforts ofOf low income traders through establishing a channel for them to sell their produceIn a profitable manner.Our interactions with several traders networks resulted in an establishinga connect with about 200 such groups from remote villages. More than 300 tradersFrom these groups were offered a chance to sell their produce during theirpromotions in front of our stores. The idea was to serve our customers, in anAuthentic manner, the rich diverse traditional cuisine of various parts of India.

In addition, almost every of our retail stores has now a customer advisory board.These advisory boards are composed of well known personalities or respectedIndividuals who live in and around the stores. These customer advisory boardsRegularly meet to review and advise the store managers and the staff on improvingcustomer experience, product assortment and social initiatives.We have improved efficiency of trucks, stores and reduced wastes very much. Wehave started working with suppliers to make greener electrical products and sellenergy star air-conditioners.We evaluate electronics on energy efficiency, durability , upgradability, end of lifesolutions and the size of the package containing the product. Products are alsoEvaluated on their ability on their ability to use innovative materials that reducethe amount of hazardous substances.Our company has gone to the extra effort that Green house Gases emitted fromOur industries do not contain harmful chemicals such as PVC, pesticide,BPA plastics and cleaning toxins

We have source local food by supporting and medium sized farmers.We also want to work with these farmers to reduce food and agriculture wasteby 10-15%We undertake afforestation programmes. We plant trees during vacations.We sustainably source sea-foodWe are the buyers of organic cotton.We augment emergency drills as a way to prepare for major earthquakes.Dealing with epidemics.Our company has formulated a basic compliance programme for individualbusiness facilities to address the spread of diseases.

CSR

by Yasir Chowdhary

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