Bajaj Auto Ltd. | Karmayog

Bajaj Auto Ltd.

Sales (2007-2008) =Rs.9160 crores. (rounded off)

Net profit after tax =Rs.750 crores. (rounded off)

CSR Budget =Not available

Karmayog 2008 CSR Rating: 2/5

CSR activities:

The Company continues to place emphasis on inclusive growth and has put in place certain processes for delivering the intended social outcome in measurable terms. The company has adopted a voluntary code of conduct for affirmative action, which is effective from 1 December 2006 and has placed the same on its website. The company believes strongly that its competitiveness is interlinked with the well being of all sections of Indian society and that equal opportunity for all sections of the society is a component of its growth and competitiveness. The company will constantly endeavour to ensure that no discrimination of any type is shown to the socially disadvantaged sections of the society in the work place. 16% of the fresh employees added during the year belonged to the weaker sections (SC / ST) of the society under the affirmative action drive, and was well above the6% for the period prior to the drive.

Centre for AIDS patients

Under the Government of India, Ministry of Health and Family Welfare, National Aids Control Organisation (NACO) at the initiative of CII has come forward for Public Private Partnership (PPP) in order to provide better health care to Aids patients. The company has signed an MoU with NACO to set up an Anti Retroviral Treatment Center (ART Centre) with the co-operation of Yeswantrao Chavan Municipal Hospital,
Pimpri, for the benefit of the affected people in the surrounding areas. This will be the first such Centre in Pimpri Chinchwad Municipal Corporation area. The company will fully equip this Centre and provide necessary medical and paramedical staff at a capital expenditure of around �Rs.35 lakhs and an annual outgo of Rs.15 lakhs. This initiative will bring solace to the 3,000 affected poor families in PCMC area,besides containing the spread of this dreadeddisease and helping humanity.

Other major initiatives

2 SC-ST students were offered the course fee of Rs.35,000 per head to train them for IIT Joint
Entrance Examination � JEE and financial aid will be extended to cover their full course duration of 4 years on their securing admission to IIT. For employees who opted for voluntary retirement, the company took a number of steps to develop and implement a new initiative, viz. Guidance and Future Planning Program. The Program was a resounding success, which was reflected in the company receiving the �Best HR.Initiative of the year� award from Auto Monitor declared on 7 March 2008.

Rural and community development activities and empowerment of women

The company continued its rural development activities in Pune and Aurangabad districts of Maharashtra through Jankidevi Bajaj Gram Vikas Sanstha (JBGVS).
JBGVS aims at integrateddevelopment of 44 selected villages, to be carried out by the villagers under their own leadership and through unified efforts forged by local organisations with JBGVS acting as a catalyst.
During the year, JBGVS conducted a number of development programmes including watershed development, sanitation, health care, dairy development, education, women empowerment etc. JBGVS continued supporting 104 Self Help Groups (SHG) and organised training programmes for SHGs.
Out of 28 Gram Panchayats in JBGVS area, 14 have lady Sarpanch, one of whom has been felicitated as the Best Lady Tribal Sarpanch by Zilla Parishad, Pune.
Five of the villages, where JBGVS had worked in the past, received �Nirmal Gram Abhiyan� award. JBGVS has withdrawn from these villages as they attained 80% development as per its laid down indicators. It continues to give themguidance when necessary.
Samaj Seva Kendra (SSK) as part of JBGVSprovides facilities for social development of the residents of Akurdi, Nigdi and adjoining townships, with the aim of improving their quality of life, through skill development training, hobby centre, nursery education, health care, sports, music, dance, cultural programmes etc.
The Rotary Club of Enshede Netherlands and the Rotary Club of Poona North together through JBGVS donated one cow each to 164 poor farmers. These 164 families are now additionally earning Rs.2200 per family per month, to supplement their family income.

Source: Annual Report 2007-2008 (pg 47/48)

www.bajajauto.com/aboutbajaj/community.asp

Contact Information:

Bajaj Auto Ltd.

Akrudi, Pune

Maharashtra-411035

Phone No. : 020 – 27472851,

Fax :020- 27406339

Email : autkarsh@bajajauto.co.in

Website www.bajajauto.com

Industry Sector: Automobiles-Scooters, 3 Wheelers

Products / Services: Manufacturer of motorcycles and Vespa-style scooters

Other locations of factories / offices: All cities of the country

Previous year�s CSR rating & activites