SlideShare a Scribd company logo
CORPORATE
SOCIAL
RESPONSIBILITY
LARSON AND TURBO
▰ originated from a company founded in 1938 in Mumbai
▰ Founders - Henning Holck-Larsen & Søren Kristian Toubro
▰ In 1944, ECC (Engineering Construction & Contracts) was
incorporated by the partners; the company at this time was
focused on construction projects
▰ By 1945, the company represented British manufacturers of
equipment used to manufacture products
▰ After India's independence in 1947, L&T set up offices in
Calcutta (now Kolkata), Madras (now Chennai) and New Delhi 2
CSR COMMITTEE
4Non-Executive Director
Whole-time Director & Chief
Financial Officer
Whole-time Director & Sr.
Executive Vice President
(Infrastructure)
Vikram Singh Mehta R. Shankar Raman D. K. Sen
HELLO!
I am Jayden Smith
I am here because I love to give presentations.
You can find me at @username
5
CSR BUDGET AND EXPENDITURE
▰ According to the company’s annual report 2017-2018, the prescribed CSR spend
was 97.29 Cr, the actual spend amounted to 100.92 Cr in this financial year.
▰ Building on many decades of social responsibility activities, the company
contributes to inclusive growth by empowering communities and accelerating
development through interventions in water & sanitation, health, education and
skill development. The employees’ wives and female employees power the
Prayas Trust, driving CSR initiatives in their own capacity and reaching out to
remote communities.
6
MAJOR CSR INITIATIVES
7
Protecting
the
eco-system
with special
lighting
Rebuilding
Anganwadis
- Building
Futures
A mobile
app for the
hearing
impaired
India’s
largest
project to
restore
water
bodies
Creating a
better
learning
environment
SOCIAL IMPACT OF CSR INITIATIVES
▰ Implement sustainable CSR programmes towards ‘Building
India`s Social infrastructure`.
▰ Harness innovation and technology driven solutions to
address social needs.
▰ Establish high standards of governance in CSR programmes
and deliver positive impact.
▰ Strengthen local NGO`s institution through training institution
through training interventions and building replicable models.
▰ Ensure implementation of monitoring and evaluation
mechanism.
8
TOWARDS THIS , THE COMPANY SHALL-
THE BOARD
▰ Approve the CSR policy of the company ensure spend of 2%
of average net profits
▰ Disclose the content of the CSR policy in its report and place
the policy on the company`s website as prescribed under
section 135 of the companies CSR rules 2014
▰ Specify reasons in its report for not spending the earmarked
amount in case the company fails to spend such amount.
▰ The boards will form the CSR committee in accordance with
the requirement of the companies Act 2013
9
MAJOR ACCOMPLISHMENT / AWARDS
▰ 2017: HINDUSTAN AERONAUTICS LTD. AWARDS
Award, dated July 28 2017, was given to TURBOCAM India Pvt. In recognition
for satisfactory completion and supply of engine components with respects
to quality and delivery to Engine Division.
▰ 2016: STATEMENT OF SUPPORT FOR THE GUARD AND RESERVE
Award dated July 21 2016, was given to TURBOCAM in recognition of the
company`s dedication to its military men and women.
▰ 2015:STRAFFORD COUNTY REPUBLICAN COMMITTEE AWARD
The wish to thank and honor Turbocam International for their dedication to
the public discourse and for opening their facilities to political candidates
and the citizens . 10
CONTROVERY OF LARSEN AND TOUBRO
▰ SFIO receives complaint against L&T group rubbishes it as
baseless.
▰ Larsen & Toubro bags contract for Mumbai`s controversial
Shivaji statue for Rs 2,500 crore.
▰ L&T `unfairly doubted` for alleged role in cognizant bribery
case: Subrahmanyan.
▰ L&T distances itself from Cognizant's Indian bribery case.
11
THANKS!

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CSR activities : Larson & Tuobro

  • 2. LARSON AND TURBO ▰ originated from a company founded in 1938 in Mumbai ▰ Founders - Henning Holck-Larsen & Søren Kristian Toubro ▰ In 1944, ECC (Engineering Construction & Contracts) was incorporated by the partners; the company at this time was focused on construction projects ▰ By 1945, the company represented British manufacturers of equipment used to manufacture products ▰ After India's independence in 1947, L&T set up offices in Calcutta (now Kolkata), Madras (now Chennai) and New Delhi 2
  • 3.
  • 4. CSR COMMITTEE 4Non-Executive Director Whole-time Director & Chief Financial Officer Whole-time Director & Sr. Executive Vice President (Infrastructure) Vikram Singh Mehta R. Shankar Raman D. K. Sen
  • 5. HELLO! I am Jayden Smith I am here because I love to give presentations. You can find me at @username 5
  • 6. CSR BUDGET AND EXPENDITURE ▰ According to the company’s annual report 2017-2018, the prescribed CSR spend was 97.29 Cr, the actual spend amounted to 100.92 Cr in this financial year. ▰ Building on many decades of social responsibility activities, the company contributes to inclusive growth by empowering communities and accelerating development through interventions in water & sanitation, health, education and skill development. The employees’ wives and female employees power the Prayas Trust, driving CSR initiatives in their own capacity and reaching out to remote communities. 6
  • 7. MAJOR CSR INITIATIVES 7 Protecting the eco-system with special lighting Rebuilding Anganwadis - Building Futures A mobile app for the hearing impaired India’s largest project to restore water bodies Creating a better learning environment
  • 8. SOCIAL IMPACT OF CSR INITIATIVES ▰ Implement sustainable CSR programmes towards ‘Building India`s Social infrastructure`. ▰ Harness innovation and technology driven solutions to address social needs. ▰ Establish high standards of governance in CSR programmes and deliver positive impact. ▰ Strengthen local NGO`s institution through training institution through training interventions and building replicable models. ▰ Ensure implementation of monitoring and evaluation mechanism. 8 TOWARDS THIS , THE COMPANY SHALL-
  • 9. THE BOARD ▰ Approve the CSR policy of the company ensure spend of 2% of average net profits ▰ Disclose the content of the CSR policy in its report and place the policy on the company`s website as prescribed under section 135 of the companies CSR rules 2014 ▰ Specify reasons in its report for not spending the earmarked amount in case the company fails to spend such amount. ▰ The boards will form the CSR committee in accordance with the requirement of the companies Act 2013 9
  • 10. MAJOR ACCOMPLISHMENT / AWARDS ▰ 2017: HINDUSTAN AERONAUTICS LTD. AWARDS Award, dated July 28 2017, was given to TURBOCAM India Pvt. In recognition for satisfactory completion and supply of engine components with respects to quality and delivery to Engine Division. ▰ 2016: STATEMENT OF SUPPORT FOR THE GUARD AND RESERVE Award dated July 21 2016, was given to TURBOCAM in recognition of the company`s dedication to its military men and women. ▰ 2015:STRAFFORD COUNTY REPUBLICAN COMMITTEE AWARD The wish to thank and honor Turbocam International for their dedication to the public discourse and for opening their facilities to political candidates and the citizens . 10
  • 11. CONTROVERY OF LARSEN AND TOUBRO ▰ SFIO receives complaint against L&T group rubbishes it as baseless. ▰ Larsen & Toubro bags contract for Mumbai`s controversial Shivaji statue for Rs 2,500 crore. ▰ L&T `unfairly doubted` for alleged role in cognizant bribery case: Subrahmanyan. ▰ L&T distances itself from Cognizant's Indian bribery case. 11