Company: Welspun Gujarat Stahl Rohren Ltd
Income 2005-2006 = Rs 1000 Cr (rounded off)
Net profit after tax (05-06) = Rs 35 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
Welspun as a group considers Corporate Social Responsibility (C.S.R.) an autonomous part of its being. We believe in not only nurturing our own employees but also the society at large. In sync with our guiding path of five E’s , Enrichment of mind, Enrichment of body, Education, Empathy, Empowerment of Women and contributions for other social activities we try to make continuous efforts to better the lives of everyone involved with us both, directly or indirectly. In our endeavour to improve the lives of people and secure a future for our youth, Welspun has taken initiatives to further the cause and continuously looks for other possibilities to make the difference. We have undertaken numerous projects in chosen areas. Welspun’s employees are in such large numbers that we believe that we can start by making a difference to the lives of our own employees and their families.
ENRICHMENT OF MIND :
We believe that nurturing of the mind directly leads to nurturing of the body. At Welspun, mind enriching activities are undertaken.
Workshops on Yoga and nutrition
We regularly conduct workshops on Nutrition and Yoga where by the benefits of the same are explained to all. . Employees are taught easy steps that can be practiced at the work place as well to derive the benefits of Yoga. Classes on nutrition are also held at all our plants. These workshops have greatly helped in enhancing the lifestyles of most of our employees and their families.
ENRICHMENT OF BODY :
Medical camps for women
Welspun has undertaken various initiatives in providing medical facilities at all our plant locations. Apart from regular visits by Doctors, we continuously organize medical camps both, for women and men. We hold Cancer detection camps as well. The aim of this exercise is to ensure that all our employees are physically fit which in turn leads to their mental health. In pursuit of the same we have set up a gym at our plants which is accessible to all the employees. In addition to the above amenities, we extend any help required to our employees, at all times when the need may arise.
EDUCATION :
Education is the strongest base that success rests on and it is our belief that it takes you far and in our endeavour to to better the lives of individuals, especially children through education and vocational training, we have initiated the following.
Economically Backward Children
Welspun extends help to children who are incapable of looking after them selves, by supporting and encouraging the underprivileged sections of society in terms of education etc. We try to ensure that children at a young age are focused on receiving education rather than working to make ends meet. Welspun makes constant for not just contributing to their cause but also communicates with these children on an ongoing basis so as to a also receive constant updates on the progress achieved thus boosting their confidence.
Educational Institutions
Welspun, in its sincere efforts to improve the lives of children that are instrumental in shaping up the future of our country, has set up ” Welspun Vidya Mandir “, a school up to class 10. Recently we have set up ‘ Welspun Anganvadi’ , which is a pre-primary school for children; these schools are open not only to the children of the Welspun employees but also the children of the other local families. Regular events are held at these institutions and children are encouraged to take up activities that significantly contribute to their over all growth and development.
EMPATHY
Empathy is the core of all our social endeavours. We take initiatives that benefit the society at large. Our contributions are aimed at improving the lives of and helping individuals in our society to become self supportive.
Visually Impaired Children
Welspun is closely associated with blind and visually impaired children, specifically girls. We have tied up with a Blind School and try to ensure that we make a difference to the lives of the visually blind, even if in a diminutive way. We not only provide employment to the orphans and others associated with the blind but also work towards a more enriching life for the visually impaired. Besides generous contributions to provide self esteem to the visually impaired we hand out products made by themto our employees on special occasions like birthdays etc. This is a mutually beneficial relationship, whereby our employees feel touched and closer to the organization and the visually impaired receive proceeds that are utilized for life enriching purposes like education, recreation, training and over all stability.
Water Effluent Plant
We treasure our internal employees and in our efforts to make the lives of our employees not only fruitful, but also more safe and enriching, we have set up a Water Effluent Plant at Welspun City at Anjar in Gujarat . This plant recycles the water to be used for industrial and household purposes, thereby not only ensuring safety but also more security for our employees and the society at large.
Jatropha Plantation
The Jatropha plant is a drought resistant perennial and grows well in Sandy and well drained soil. Under our initiative to convert the desert area of Anjar in to a lush and more serene environment we have undertaken a drive of Afforestation at Welspun City where by thousands of saplings of the Jatropha tree were planted extensively. The Jatropha seeds have excellent oil content of 37%. The oil can be combusted as fuel for simple diesel engines.
Blood Donation Camps
Welspun, in its endeavour to help the underprivileged, organizes Blood Donation Camps at our various locations. These are held in association with renowned Blood Banks and the blood collected from these campaigns is utilized for the economically backward sections of society which comprise of individuals belonging to a state of indigence. It is also contributed to individuals suffering from Cancer and other critical diseases, who are unable to pay for their blood requirement. The Welspun family as a whole makes sincere efforts to donate blood on a regular basis and contribute back to the society. There is active participation by our employees is in large numbers.
EMPOWERMENT OF WOMEN :
In our endeavour to empower women, we have taken up numerous initiatives involving multiple activities that have in one way or another trained women to look after themselves and to generate funds that have led to their empowerment. Some such initiatives are mentioned below:
Project “Kishori”
At Welspun, we understand the importance of being not only educated but also well versed with computers, in today’s dynamic environment. As part of vocational training, we are supplying the institutes with facilities and man power to offer free computer classes. We organize computer courses that are offered to working women who intend to apply for positions in both Government and non-government organizations.
Project “Lijjat”
Programmes providing training in the art of papad making have been organized, where women of one hundren and forty eight Welspun families from a tiny village in Versamedi, have participated and have trained for two to three hours daily. This project has provided vocational training and in turn has led to the women making a small amount of money that today makes a significant difference to their lives therefore empowering them.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Welspun Gujarat Stahl Rohren Ltd
World, B-wing, 9th Floor, Kamala Mills Compound,
Senapati Bapat Marg, Lower Parel, Mumbai – 400 013 In
Telephone :+ 91-22-66136000
Fax :+ 91-22 2490 8020/ 2490 8021
E-mail: sales_wgsrl@welspun.com
Web address : http://www.welspun.com/