Great Eastern Shipping Company Ltd
Sales (2007-2008) = Rs.2500 crores (rounded off)
Net profit after tax = Rs.1350 crores (rounded off)
CSR Budget = Not Available
Karmayog 2008 CSR Rating: 2/5
CSR activities:
The Vasant J. Sheth Memorial Foundation is a registered charitable trust, dedicated to promoting education, welfare, health, conservation and publishing in maritime related areas. Founded in 1993 in memory of the Indian shipping pioneer, Vasant J. Sheth, the Foundation has funded and supported over 70 projects.
To achieve its objectives, the Foundation works with human and capital resources from different sections of society. Projects range from scholarships, health initiatives, heritage research, environment conservation and protection and disaster relief programmes.
In its 14th year now, the Foundation has emerged as a pioneering maritime institution in India
Education
- Jeevan Shala (SWATI, Gujarat)
Supported a pilot project run by Society for Women’s Action and Training Initiative (SWATI) in 2006-07 to educate children of saltpan workers in the Surendranagar district of Gujarat. Aimed at increasing the education of girls and reducing the drop out rates in schools, the project also promotes non-formal education and vocational training for girls between 12-19 years who work as construction workers. Extended to educate fifteen girls studying in the 8th grade for tuition and computer classes with travel expenses. The programme is from 2007- 2010.
- Non-formal Education Programme (REAP)
Supported Reach Education Action Programme (REAP), an organisation active in the field of non-formal education programmes for street children from the coastal slum areas of Mumbai from 2004-2006. The project included non-formal education classes for balwadis and students studying below the fourth standard.
Welfare
- Tsunami Relief
Supported the C P Ramaswami Aiyar Foundation to provide relief material to 170 tsunami-affected coastal families of Anumanthaikuppam in Tamil Nadu. Household materials like utensils, stoves, mats, blankets, buckets and lanterns were provided to the affected families. Students were given books and stationery.
- Children for Tsunami Relief: Exhibition
Organised an exhibition of paintings on jute panels by children of Great Eastern staff and the Akanksha Foundation to raise funds for a children’s park in Anumanthaikuppam in Tamil Nadu. The target of Rs. 2,00,000/- was achieved and the park developed by the C P Ramaswami Aiyar Foundation.
- Flood relief for Sidi families in Gujarat
Provided assistance to the Siddi Goma Al-Mubrik Charitable Trust to rebuild homes for Sidi families affected by the devastating floods in Surat 2006. Sidis, a community originally from Africa settled in India over 300 years ago, are an important part of Indian maritime history.
�€€€€€€€€€ Mumbai Flood Relief: Bombay Community Public Trust (BCPT) and Women’s India Trust’s (WIT)
Supported the Bombay Community Public Trust (BCPT) to purchase uniforms and schools bags for 400 children from flood-affected fishing villages of Versova and Madh Island during the floods in Mumbai, July 2005. Helped rebuild the Women’s India Trust’s (WIT) Panvel centre where the Foundation had donated teaching aids.
- Girls’ Hostel, Kelshi Education Society (Dhapoli, Maharashtra)
Built a girls’ hostel in Kelshi Education Society to enable full school attendance and arranged free computers gifted by the Lala Arjundas Seth Charitable Trust.
- Toy Libraries
Established toy Libraries in coastal schools at Kovalam in Kerala, and Vesawa, Marve and Worli in Mumbai through the Children’s Toy Foundation. Also supported a mobile toy van, which travels to ten construction sites to entertain children of the workers in Mumbai. Toy libraries were also established at Kelshi Education Society in Dhapoli and at the Women’s India Trust Centre at Panvel.
Conservation Education Project, Mumbai, 2006-2007
- Assisted an environmental educational organisation, Srushtidnyan, to initiate and create awareness about conserving the wetlands and mangroves of Bombay in 30 Marathi speaking schools.
- Project Samudramanthan, Mumbai, 2007-2008 Supported Srushtidnyan, to develop a training manual on conservation issues in the marine and coastal ecosystems of Mumbai. The manual will be used to train teachers, BMC corporators, MLA’s, MP’s, environmental groups and NGO’s to spread awareness amongst different target groups and provide solutions at a state and national level.
Development Project for Koli Children and Youth, Pragati Kendra Trust, Bombay
Supported Pragati Kendra Trust to initiate and implement a developmental project for the children and youth in Koli dominated areas of Worli, Mumbai from 2002 to 2004. The project includes special classes for weaker students and school drop-outs, balwadi (pre-school) programmes, holiday camps and cultural programmes.
Community Medicine Programme, Sunderbans, West Bengal
Supported the Association of Conservation and Tourism (ACT) in setting up more than 68 medical camps in remote villages on the island of Bali in the Sunderbans Tiger Reserve benefitting 18,000 villagers, primarily women, children and the elderly.
Initiated a para professional health workers training programme in collaboration with Child In Need Institute (CINI), Kolkata. 15 volunteers of ACT, 10 semi-skilled practicing dais, 10 Rural Medical Practitioners from villages of Sundarbans will be trained to address health care needs of the village.
Seamen’s Ward, St. George’s Hospital, Mumbai
The seamen’s ward at St. George’s Hospital in Mumbai, established in the pre-Independence era, was in dire need of renovation. The Vasant J Sheth Memorial Foundation upgraded and equipped the ward with modern equipment and enabled the hospital to engage an excellent panel of doctors and nurses.
Indian Red Cross Society Hospital (IRCS), Alang, Gujarat
Funded an orthopaedic and burns ward in 1997; donated two ambulances to the Indian Red Cross Society Hospital in Alang for accident victims from the hazardous shipbreaking industry. Also contributed towards an auditorium for the Gujarat Maritime Board’s Safety, Training and Welfare Centre.
Source: www.vasantshethfoundation.org./index.html
Contact Information:
Great Eastern Shipping Company Ltd
Ocean House 134/A
Dr. Annie Besant Road
Worli, Mumbai – 400 018
Maharashtra
Phone : 22 6661 3000 / 022 2492 2100 / 2200
Fax : 22 2492 5900
E-mail : corp_comm@greatship.com ,
Website : www.greatship.com/
Industry Sector: Shipping
Products / Services: The company has two main business: shipping and offshore. The shipping business is involved in transportation of crude oil, petroleum products, gas and dry bulk commodities. The offshore business services to the oil companies in carrying out offshore exploration and production activities, through its wholly owned subsidiary Greatship (India) Limited.
Other locations of factories / offices: Mumbai