Company: Hero Honda Motors Ltd
Income 2005-2006 = Rs 7550 Cr (rounded off)
Net profit after tax (05-06) = Rs 800 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
Hero Honda Motors takes considerable pride in its stakeholder relationships, especially ones developed at the grassroots. The Company believes it has managed to bring an economically and socially backward region in Dharuhera, Haryana, into the national economic mainstream.An Integrated Rural Development Centre has been set up on 40 acres of land along the Delhi-Jaipur Highway. The Centre-complete with wide approach roads, clean water, and education facilities for both adults and children-now nurtures a vibrant, educated and healthy community.The Foundation has adopted various villages located within vicinity of the Hero Honda factory at Dharuhera for integrated rural development.
This includes:Installation of deep bore hand pumps to provide clean drinking water. � Constructing metalled roads and connecting these villages to the National Highway (NH -8). � Renovating primary school buildings and providing hygienic water and toilet facilities. � Ensuring a proper drainage system at each of these villages to prevent water-logging. � Promoting non-conventional sources of energy by providing a 50 per cent subsidy on biogas plants.
Other key projects taken up by the Foundation include:
Raman Munjal Vidya Mandir
The Raman Munjal Vidya Mandir began with three classes (up to class II) and 55 students from nearby areas. It has now grown into a modern Senior Secondary, CBSE affiliated co-educational school with over 1200 students and 61 teachers. The school has a spacious playground, an ultra-modern laboratory, a well-equipped audio visual room, an activity room, a well-stocked library and a computer centre.
Raman Munjal Memorial Hospital
Multi-specialty hospital equipped with the latest diagnostic and surgical technology. The Raman Munjal Memorial Hospital provides healthcare to the rural population in and around Dharuhera, and also caters to accident and trauma victims driving along the Delhi-Jaipur highway.
Raman Munjal Sports Complex
The Raman Munjal Sports Complex has basketball courts, volleyball courts, and hockey and football grounds are used by the local villagers. In the near future, sports academies are planned for volley ball and basket ball, in collaboration with National Sports Authority of India.
Vocational Training Centre
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.
Adult Literacy Mission
This Scheme was launched on 21st September, 1999 , covering the nearby villages of Malpura, Kapriwas and Sidhrawali. The project started with a modest enrollment of 36 adults. Hero Honda is now in the process of imparting Adult Literacy Capsules to another 100 adults by getting village heads and other prominent villagers to motivate illiterate adults.
Marriages of underprivileged girls
Marriages are organized from time to time, particularly for girls from backward classes, by the Foundation by providing financial help and other support to the families.
Rural Health Care
Besides setting up a modern hospital, the Foundation also regularly provides doorstep health care services to the local community. Free health care and medical camps are now a regular feature in the Hero Group’s community outreach program
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Hero Honda Motors Ltd
34, Community Centre,
Basant Lok, Vasant Vihar,
New Delhi – 110057
Tel: 26142451, 26144121
Fax: 26143321, 26143198
Web address :http://www.herohonda.com