New Delhi, 11 September 2020: Dabur, India’s leading FMCG company in Ayurvedic medicine and natural consumer products, has continued its upward trend on spending CSR funds with a total of Rs 27.8 crore spent on various initiatives in the year 2019-20.
The company had spent Rs 26.35 Crore on its CSR activities last year.
This year the company had a prescribed CSR budget of Rs 27.6 crore. However, it exceeded the budget by Rs 20 lakh. The prescribed CSR budget of a company is calculated as 2% of its average profit over last three years. For Dabur, the average net profit over last three years (2016-19) stood at Rs 1379.81 Cr.
The company founded in 1884 by S K Burman and currently being run by the 5th generation of the family continued to carry majority of its CSR activities in alignment of its businesses.
The company spent around half of its CSR budget on programmes directed to meet nutrition needs of poor & needy. The CSR spent on the programme that was run across India stood at Rs 13.95 crore.Further, it spent around Rs 1.37 crore on programmes for addressing health care needs of poor & needy across India.
On Environment Sustainability projects across the states of Andhra Pradesh, Uttar Pradesh, Chhattisgarh, Odisha, Jammu & Kashmir, Assam, the company spent around Rs 2.25 crore. In addition, it spent more than Rs 1 Crore on plastic waste recycling and disposal in Gujarat and Uttar Pradesh.
The company also spent more than Rs 1.5 crore on School Support Programmes like renovation work, sanitation facilities, benches & desks, potable water facility, educational aids such as libraries learning paintings etc in Rajasthan, Assam, J&K, Uttarakhand and Himachal Pradesh.
The majority of the CSR activities run by the company was undertaken either directly or its own trust - Jivanti Welfare and Charitable Trust.
The CSR committed at the company is headed by Dr. Ajay Dua who is also the Independent Director at the company. The CSR committee met four times during the financial year 2019-20.
Dabur CSR: COVID support initiatives
As part of COVID support initiatives, the company supported Government’s efforts to endure the social and economic impacts of the Corona Virus pandemic. It realigned its CSR strategy and immediately commenced activities aimed at providing relief to COVID patients, frontline Police, Health and Sanitation workers, migrant workers and community members during these unprecedented times. The total spend on COVID related relief work was around Rs 1 Cr.
The key initiative of the company included Supporting the 10,000-bed COVID Centre in Delhi, rolling a mobile testing van in Noida, providing protective Kits for frontline Police Personnel, and distribution of hygiene and safety kits for communities.
The Dabur Group also established a ‘Dabur Care Fund for COVID-19’, to protect lives and livelihood, and support those affected by the COVID-19 pandemic. Further, the company also earmarked a fund of Rs 21 Crore towards Relief efforts inFY 2020-21 to meet immediate needs of those most affected by the pandemic.
Health camps
The company runs a Wellness Centre in the walled city area of Delhi offering health check-ups and subsidised medicines to public, particularly from the minority community. In the year 2019-20, it conducted 1,208 General Health Camps where a total of 1,52,349 patients were examined.
Skill development
At its Skill Development Centres in Uttar Pradesh,Uttarakhand, Himachal Pradesh, Assam and Rajasthan, the CSR programmes run by the company provided rural girls training on various crafts like Cutting-Tailoring, Beauty Care, Handicraft etc.
The company also launched of ‘Fem Beauty Academy’ in rural Uttar Pradesh to offer Advanced Beauty Training. As part of such initiatives, a total of 1,011 rural girls and women were trained in FY 2019-20.
It also joined hands with NIIT Foundation to offer Computer Education and Training to rural boys and girls in Uttar Pradesh, Uttarakhand and Himachal Pradesh.
As part of our Women Empowerment and Financial Inclusion interventions, the company helped women form Self-Help Group (SHGs) and Joint Liability Groups (JLGs) to run small businesses.
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