Honda Siel Power Products Ltd

Honda Siel Power Products Ltd

Sales (2007-2008) = Rs.250 crores (rounded off)

Net profit after tax = Rs.25 crores (rounded off)

CSR Budget: Not Available

Karmayog 2008 CSR Rating: 2/5

CSR activities:

Environment

Honda will step up its effort to create better clean, fuel-efficient engine technologies and improve further the recyclables throughout its product lines. Honda will also advance alternative fuel technologies, including fuel cells. In addition, Honda will continue its efforts to minimize environmental impact, as measured by the * Life Cycle Assessment, in all of its business fields, including logistics and sales. In its production activities, Honda will promote environmental preservation issues under its Green Factory concept.

Continuing to Increase Society�s Trust in and Understanding towards Honda

In addition to continuing to provide products incorporating Honda�s advanced safety and environmental technologies, Honda will continue striving to earn even more trust and understanding from society by, among other things, undertaking activities for corporate governance, compliance, and risk management and contributing to society.

Through these Company-wide activities, we will strive to materialize Honda�s visions of �value creation,� �globalization,� and �commitment to the future,� with the aim of sharing the joy with Honda�s customers, thus becoming a company that society wants to exist.

About Honda:

Existing over the years, Honda has gained prominence in the global community through ceaseless innovation and a commitment to servicing the needs of society. Honda’s unique corporate culture and groundbreaking approach to developing new technologies enable the organisation to develop exciting new products that provide freedom of movement for people around the world. With responsibility to the environment, a commitment to local markets, and respect for people as its guiding principles, Honda aims to contribute to an increasingly mobile society characterised by quality of life, comfort and convenience

As a responsible member of society whose task lies in the preservation of the global environment, the company will make every effort to contribute to human health and the preservation of the global environment in each phase of its corporate activity. Only in this way will we be able to count on a successful future not only for our company, but for the entire world.”

Country specific data is also there in the various sections. E.g. Tsunami relief in India under Humanitarian

India: Candidates engaged in hands on practice session at the sewing tailoring workshop

In order to help local rural people, especially women, Hero Honda has set up a Vocational Training Centre. So far 26 batches comprising of nearly 625 women have been trained in tailoring, embroidery and knitting. The Company has helped women trained at this center to set up a production unit to stitch uniforms for Hero Honda employees. Interestingly, most of the women are now self-employed.

With support from Honda Motor India Pvt Ltd. and the Indian Institutes of Technology, in 2007 the Honda Foundation launched the Honda Young Engineer and Scientist’s Award (YES Award)in India. The YES Awards are intended to recognize outstanding students who will become trailblazers in ecotechnology. All recipients will be eligible for additional funds to continue their research as professional interns or graduate students in Japan.

Source: http://www.hondasielpower.com/about_hssp.html

http://www.hondasielpower.com/about-honda.html

Honda has a separate website for CSR � globally: www.hondacsr.com

www.hondacsr.com/en/environment.php

www.herohonda.com/co_csr.htm

For more information on Honda’s YES Awards,

www.hondafoundation.jp/en/project/yes/yes_india.html

Contact Information:

Honda Siel Power Products Ltd.

Plot No. 5, Sector 41, Kasna,

Greater Noida Industrial Development Area,

Distt. Gautam Budh Nagar