Jain Irrigation Systems Ltd.

Jain Irrigation Systems Ltd.

Sales (2007-2008) = Rs.1600 crores (rounded off)

Net profit after tax = Rs.140 crores (rounded off)

CSR Budget: 3% of profits (Source : Annual Report pg 29 )

Karmayog 2008 CSR Rating: 3 / 5

See Karmayog Comments below:

CSR activities:

As a part of corporate social responsibility, the Company is supporting following three important projects: (1) Rural Development of Village Wakod, (2) Establishment of Gandhi Research Foundation at North Maharashtra University and (3) Setting up of Anubhuti School � An Experiential Residential International Academy. A complete pull out on the sustainability of CSR activities and carbon footprint of the Company is given elsewhere in this report.

Corporate Social Responsibility

Independent Report: CSR at JISL

Jain Irrigation System’s (JISL’s) sustainability initiatives have been documented independent by YES Bank Ltd. YES BANK is a private Indian Bank catering to “Emerging India” through a high quality, customer centric, service driven approach.

YES BANK’s Corporate Social Responsibility is a core driver and essential element of the Bank’s overall business strategy, coined in the value of ‘Responsible Banking’. As a specialized internal think tank, we have a prime objective to ensure that the company’s view on sustainability is continually expanding, including engagements with like minded clients like JISL.

JISL is an international company with operations across India. For the first year of this independent repot, we have focused primarily on the facilities and activities that take place in Jalgaon District, Maharashtra. However, the focus on Corporate Social Responsibility (CSR) is company-wide, even as acquisitions occur. Several of the sustainability initiatives cut across these other locations such as energy/ water conservation efforts, afforestation (tree planting), and the primary business of drip irrigation manufacturing.

Community Activities

Besides working on sustainability in the core business JISL is working on various developmental activities with the community. They are using a part of their profits efficiently to seek social and economic change and give back to the people they are working with.

Funds to initiate and execure such activities come from two sources:

* 3% of JISL profits are directed towards these activities, of which most are conducted through the Jain Charitable Trust.

* Family and friends have also pooled resources to form a number of Trusts.

Rural Development

The Jain family traces their roots in the village of Wakod. Working on the principle of Public Private Partnership (PPP), they strive to associate itself with the local administration to improve the quality of life available to their residents. In a collaborative process, meetings are held amongst all the stakeholders – the local villagers, gram panchayat and JISL – to identify relevant development goals and draw a plan to attain them.

Efforts made have shown visible changes like the construction of a Public Health Centre (PHC), addition of higher secondary wing to an existing school, creation of concrete roads and a permanent market place, and lining of streets with solar lanterns.

Besides this, surveys have been carried out to understand the socio-economic profile of the village to help design and derive initiatives beneficial to the community. Drives against mores like alcoholism are being carried out on an ongoing basis to educate and increase awareness about its repercussions.

Education

JISL believes education is critical for the human pursuit to develop. A review of various indicators of education, including access to schooling, enrolment, retention, and percentage of children completing the education cycle, suggests that while there has been progress, significant challenges persist in ensuring a quality education for all. With different initiatives in the field of Education, JISL seeks to supplement the available resources for better results.

Building Education Systems:

JISL has built institutional capacity through financial support to set up Primary and Secondary Schools, Junior and Senior Colleges, Anubhuti is the shining example, an experiential residential international academy (see separate case study). The company has also provided support to improve the infrastructure at schools and hostels in several communities. JISL has created a ‘Potential Development Academy Trust’ which helps spot talent at the high school level and encourages them to appear in the state and national level competitive exams.

The content of education is a second focus area for JISL including book publications. Books however cannot provide the entire world of information and hence the company organizes Science & Technology Exhibitions, Math competitions, Literary Seminars, and educational camps. They have also provided technical support through Teacher Trainings, have distributed educational material and equipment including uniforms, books and notebooks, computers, sports material, and made available Mobile Science Laboratory for schools.

Taking students as the centre of all the educational initiatives, JISL also provides direct financial assistance to students and professors aspiring for higher studies and participation in conferences. They also provide support to disabled students and their schools to enable equal opportunities.

Supporting Education Institutions:

JISL has also supported the Gandhi Research Foundation at the North Maharashtra University Campus in Jalgaon. This initiative is driven by the strong belief of the company in the Gandhian Philosophy and the desire to promoteit. Various activities undertaken include:

* Initiating researcg activity of Gandhian Philosophy, Rural Development Programmes

* Supporting diploma, degree & post graduate courses to fill the gap in ensuring quality and diversity of courses available at the college level

* Gandhi Darshan Exhibition

*Supporting Museum of Photographs, Handwritten scripts, Copies of Letters written by Mahatma Gandhi

CSR & Sustainability Report Conclusion

JISL is doing very commendable work in the sustainability space. The business aligns perfectly with the kind of initiatives being undertaken with several additional opportunities. JISL is one of the pioneers in the industry that believes in the fact that there is more to a compant than profits. Recognizing that both social and the environmental domains are imperative, JISL;

i) facilitates the improvement of livelihoods, reducing poverty;
ii) accesses the basic facilities for those who are underprivileged;

iii) develops employees and their families

iv) maintains a safe environment both at the workplace and beyond;
v) improves and innovates ways to save and use water;
vi) undertakes research and development to reduce the threat to external environment; and

vii) Reduces the carbon footprint and adopting measures towards mitigation of the high intensity of carbon dioxide that is being emitted due to their activities.

Hence, JISL is making a continued effort to benchmark the way in which business is carried with responsibility. JISL truly believes in the philosophy of people-planet-profit and strives to strike the right balance between business as a growing concern and social responsibility as a necessity.

Source: www.jains.com/Company/financial/annual%2008/annual%20report%202008-09.pdf pg 16-20

Karmayog Comments: No information available on CSR initiatives last year

Contact Information:

Jain Irrigation Ltd

Jain Plastic Park

Jalgaon – 425 001

Maharashtra

Phone : 257-2258011 / 22

Fax : 257-2258111 / 22

E-mail : jisl@jains.com

Website : http://www.jains.com/

Industry Sector: Plastics – Sheets

Products / Services: The Corporation has multi product industrial profile and manufacturers of Drip and Sprinkler Irrigation Systems and Components

Other locations of factories / offices: All over India

Previous year�s CSR activities & rating: