Larsen & Turbo CSR
- 1. CSR Project on L&T ltd By Group 12: Arushi Kohli, Ayush Pratap Singh, Bhanu Pathak, Chirag Jaswal, Diksha Gupta
- 2. Founded by two Danish engineers in 1938, taking refuge in India. Contribution in Second World War Foreign collaborations In December 1950, became a public company
- 3. Salient Features of CSR Policy – Responsible sourcing of materials and supplies – Environmental protection and management – Upholding social equity, gender equity – Other human rights goals – Collaboration with NGO’s
- 4. Thematic Areas 1. Poverty & Hunger 2. Education 3. Women Empowerment 4. Child Mortality 5. Maternal Health 6. Health 7. Environment 8. Development
- 5. CSR Spending Particulars 2017-18 2018-19 2019-20 Net Profit 5387.80 6677.70 6679.21 Average Net Profit 5023.91 6073.54 7239.43 Fund to be invested as per law 97.29 121.47 144.47 Actual expenditure(%) 2.07% 2.003% 2.01% Actual expenditure 100.92 121.68 145.29 In Crore (INR)
- 6. – Early Childhood Education Programme – Improving learning outcomes – Science Education – Digital Literacy – Sports for Excellence Reach
- 7. Confidence building begins from Library “I can see a difference between children who are part of this group and the ones who are not. While other children are quite shy and run away when they see an unknown person coming to interact with them, those children who are part of the library group can face an outsider without fear.” -Vijay
- 8. Community Health Centres Health on Wheels Programme Targeted health interventions Alignment with national healthcare programmes
- 9. Geeta’s journey towards a healthy pregnancy “I was not aware about these tablets and never considered it an important aspect for my health and my child’s future. But now I am completely focused on being healthy for myself and my children.” - Geeta
- 10. Conclusion & Recommendation L&T has contributed a lot to the society in various sectors with their continuous beneficiary projects and we hope it will increase its spending in philanthropic activities in near future. We recommend it to spread awareness about its philanthropic work as it is contributing on a large scale in its own capacity( like in pandemic) without being in the public eye.