Essar Shipping Ports & Logistics Ltd.

Essar Shipping Ports & Logistics Ltd.

Sales (2007-2008) = Rs.850 crores (rounded off)

Net profit after tax = Rs.240 crores (rounded off)

CSR Budget = Not Available

Karmayog 2008 CSR Rating: 2/ 5

CSR activities:

The Essar Group is both a people-driven and people-centric organization. It understands the value that people deliver in the making of a great company. The Group�s spirited involvement in community service is inspired by these beliefs.

The Group�s ethos on social responsibility focuses on not just taking care of its own employees but enabling and enriching the communities around the areas where its plants are located. In addition, the Group has been at the forefront in rendering aid and assistance by way of donations as well as relief supplies in times of national calamities, such as the Tsunami, earthquakes and floods. Essar has made significant contributions to the Prime Minister�s and Chief Ministers� relief funds in the past several years to alleviate suffering and help rehabilitation.

During the trauma of the 2001 earthquake and the drought of 2000 in Gujarat, Essar responded with providing doctors, critical life saving drugs and drinking water, apart from long-term rehabilitation programmes. Essar also supplied material and assistance to Gujarat Electricity Board for recommissioning a number of distribution stations in Bhuj after the devastating earthquake. At the same time, the Group helped in the rehabilitation of Surendranagar by building schools and drilling community bore-wells.

Employee involvement

The underlying objectives of Essar�s activities is to motivate employees to participate in and contribute to the activities initiated by the Community Relations Centre, to create self-help groups for village women, to further overall development of children and women, and to spread awareness about AIDS and de-addiction.

Essar has outlined seven focus areas where employee involvement can make a difference to the lives of the community:

Education
Self-employment
Training
Infrastructure development
Medical
Health & hygiene
Recreation and welfare

In every quarter, specific tasks have been lined up and are being conducted with a high success rate, with the involvement of community leaders.

Special focus on Hazira, India

The Group has transformed Hazira and its neighbouring areas by planting thousands of trees and laying water pipelines. Self-supporting schemes for women, schools, roads, and playgrounds and out-reach programmes have established Essar as a committed corporate citizen of Gujarat. What�s more the company�s businesses have generated direct and indirect employment opportunities for thousands of people in Gujarat.

The Group has supported and continues to support Hazira and surrounding villages through the following activities

Built a water pipeline to carry 0.7 million cubic metres of drinking water everyday to the villages near Hazira
Organising weekly recreational programmes for children between the ages of 9 and 12 at Ankur Bal Kendra, Hazira
Providing subsidised medical care at the Essar Hospital at Nand Niketan for the local population
Providing subsidised education facilities at Nand Vidya Niketan for children of nearby communities
nfrastructure development; building of overhead water storage tank at Matafalia village
Maintaining water pipelines, community wells, etc.
Worked on the electrification of the 7-km stretch of road from L&T to Mandali Gate
Building and laying of an approach road to the village crematorium
Donated an ambulance to the Arogya Samiti of Hazira village

Activities at Vadinar, India

Two major ponds have been deepened in Kathi Devaria & Kajurda villages for rain water harvesting Water tankers are sent periodically to Kajurda, Vijaynagar and Bharana villages to help them deal with water shortage
Two school buildings at Bharana & Jankhar villages have been renovated
More than 150,000 kg of fodder has been supplied to 14 surrounding village gaushalas. August 2007 onwards a Fodder Financial Assistance is provided to villages near the refinery
Around 12,000 patients from the refinery�s 10 surrounding villages benefited from an arogya vahini (mobile clinic)� around 3,000 patients benefited at our Mother & Child Centre at Vadinar, a joint venture with the District Panchayat, Jamnagar
Four eye camps were organised in 2007-08, with 500 patients receiving treatment and 25 patients being operated free of cost
A skin treatment camp was also organised at Timbdi village whereby 100 patients were diagnosed and necessary medicine distributed
Since November 2007, a 24-hour Essar Community Health Centre started in Jankhar village, with three doctors, three paramedics and an ambulance. The centre also has a full-fledged laboratory that is available round the clock.
Two medical camps were organised in 2007-08 at Jankhar and Kajurda villages where 1,100 people from 10 � 12 villages were treated
At the Primary School Mahotshav 2007, 1,450 school bag kits were distributed to students from 74 villages of Khambhalia and Lalpur talukas.

Corporate Philanthropy and Community Involvement

As a founding industry and the largest employer in Sault Ste. Marie, Ontario, Essar Steel Algoma has a direct interest in advancing and preserving the quality of life in our community. In addition to a sustainable approach to minimizing environmental impact, the Company has a long history of charitable giving and corporate sponsorship with numerous community-based causes.

Essar Steel Algoma’s history with the United Way dates back more than 50 years as both a founder and a leading corporate supporter. Essar has become the largest United Way campaign contributor through combined corporate, employee and retiree contributions. In 2007 we collectively pledged $272, 300 in support of 23 community agencies that address community issues with health, employment, poverty and youth.

In the spring of 2005 Essar Steel Algoma established a Community Investment Fund for the purpose of formally administering financial contributions to charitable and non-profit causes within the City of Sault Ste. Marie and surrounding area. The $6 million fund addresses community needs in the following areas of focus:

1.Healthcare

Education
Sports & Recreation
Social Services
Arts, Culture and Environment

The Community Investment Fund has a five year term, expiring December 31, 2009 and administers both cash donations and in-kind contributions of product or service. Leading contributions to date include the Sault Area Hospital Build Campaign ($4M), the Sault Ste. Marie Sports & Entertainment Centre ($300K) and the Algoma Residential Community Hospice ($120K). Through this fund the Company has also established scholarships with regional post-secondary institutions including Sault College, Algoma University and the Northern Ontario School of Medicine. Endowed with a one time donation these scholarships are funded in perpetuity and awarded annually.

On the sponsorship side, Essar Steel Algoma is an annual supporter of key community events and initiatives including the Bon Soo Winter Carnival, the Dragon Boat Festival, the Algoma Fall Festival, and the Superior Health and Safety Conference. In addition, the Company is always an active participant in RotaryFest, Sault Ste. Marie�s summer festival. In 2008 Essar was the presenting sponsor for the Festival which featured the ESSAR Steel Algoma Stage with free, live entertainment over three days and the Community Day Parade where the ESSAR float earned first prize in the professional division.

In 2008 Essar Steel Algoma won the bid for the Naming Rights for the Sault Ste. Marie Sports & Entertainment Centre. Now the ESSAR Centre, this premier sports and entertainment complex lies at the heart of the community and is home to the Soo Greyhounds, members of the Ontario Hockey League.

Essar Steel Algoma is an integral part of the Sault Ste. Marie business community as demonstrated through active membership with the Chamber of Commerce, the Community Quality Initiative, Destiny Sault Ste. Marie and the Safe Communities Partnership. The people at Essar continually strive to offer a responsible balance of time and resources to the community where we work and live.

Source: www.essar.com/aboutus/essar_beyond_business.htm

Contact Information:

Essar Shipping Ports & Logistics Limited

2494, 17th Main HAL II stage

Bangalore 560 008

Karnataka

Phone : 080-5210158

Fax : 080-5274509.

E-mail : contactshipping@essar.com

Website : www.essar.com/shipping.htm

Industry Sector: Shipping

Products / Services: logistics services provider with investments in ports and terminals, logistics services, sea transportation and oilfield drilling services. The integrated business model provides opportunities to cater to the complete supply chain management services to clients in oil & gas, steel and power generation industries.

Other locations of factories / offices: New York, London , Dubai, Beijing

Previous year�s CSR activities & rating