Hindustan Copper Ltd
A government of India enterprise
Sales (2007-2008) = Rs.1800 crores (rounded off)
Net profit after tax = Rs.260 crores (rounded off)
CSR Budget: 0.5% of annual net profit of the preceding financial year
Karmayog 2008 CSR Rating: 2/5
CSR activities:
The objective of the Company is to play a catalytic role in the socio-economic development in the regions, where the plants and facilities of the Company are located, aiming to create an enabling working environment as well as income generation opportunities for the community.
The Company believes in community participation as an integral part of implementation strategy. For systematically taking up CSR activities, the Board has agreed to a scheme of allocating 0.5% of annual net profit of the preceding financial year towards CSR projects/schemes on a continuing basis.
Community
- A comprehensive socio-economic survey was undertaken to assess the situation in the communities located around Khetri Copper Complex (KCC), Malanjkhand Copper Project (MCP) and Indian Copper Complex (ICC) to identify and prioritize interventions and targets.
- To start with, five villages from each of the three units have been identified for initiating CSR activities in health, general hygiene, sanitation, formation of self-help groups and vocational training. Awareness building exercises have already been initiated since April 2008 in partnership with local NGOs.
- The Rajasthan villages like Kharkhara, Banwas and Jasrapur are from nearby areas of KCC, while Mainpura and Chaowra are from Chaowra (near KCC�s water-resourcing unit). Vimjori, Chinditolla, Borkhera, Suji and Pundrapauni have been identified for MCP, in Madhya Pradesh. For ICC in Jharkhand, villages like Kitadih, Bhadudih, Tumadugri, Dhobni and Gohandih have been selected for social intervention.
The initial entry-point activities have started. This will be followed up by comprehensive long-term CSR plans for building empowered communities for overall sustainable growth.
From CMDs Speech
Responsibility towards Society
With the underlying philosophy and a credo to make meaningful difference to people�s lives, your Company has always been in the forefront of fulfilling its obligations to the society. Earlier under the concept of peripheral development, and now under corporate social responsibility (CSR), your Company has taken up several programmes for betterment of the community located around project sites under a newly formulated CSR policy. The Board have allocated 0.5% of the annual net profit of the preceding financial year towards CSR projects / schemes. I am not repeating details of the programmes as these are already detailed in the Directors� Report.
Your Company recognizes its responsibility towards environment conservation. To protect the environment and maintain ecological balance in the surrounding areas, Company undertakes tree plantation in and around its production units on a regular basis. Effluent treatment facilities installed at the units worked satisfactorily during the year and met regulatory norms set by State Pollution Control Boards.
Source: www.hindustancopper.com/Admin/FlatFile/HCLAR07-08.pdf
(Pg. 21-22 of Annual Report 2007-2008-11-10)
http://www.hindustancopper.com/cmd.asp
Contact Information:
Hindustan Copper Ltd
“Tamra Bhavan”
1 Ashutosh Choudhury Avenue, Kolkata – 700 019
West Bengal
Phone no. : 033 – 2283 2529
Fax : 033 – 2240 8884
Email : hindcop@vsnl.com
Website : http://www.hindustancopper.com/
Industry Sector: Metal – Copper / Copper Alloy Products
Products / Services:
It is the only vertically integrated multi-unit copper producer in India engaged in a wide spectrum of activities ranging from mining, beneficiation, smelting, refining and manufacturing of copper cathodes, continuous cast wirerods and wirebars.
Other locations of factories / offices: Mumbai, New Delhi, Bangalore, Indore, Chennai, Hyderabad
Plants at:
Dist. � Singhbhum(E), Jharkhand
Dist. � Jhunjhunu, Rajasthan
Dist. � Balaghat, Madhya Pradesh
Dist. � Raigad, Maharashtra