Company: Pfizer Ltd
Income 2005-2006 = Rs 600 Cr (rounded off)
Net profit after tax (05-06) = Rs 45 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
We live where you live – And we want to make it a better place
Pfizer is dedicated to discovering and developing innovative medicines and making them available to people around the world. Our business is fundamentally about saving, improving and enhancing lives, and we believe that by being successful as a business we provide the greatest benefit to society.
Our commitment to being an exemplary corporate citizen is reflected in our extensive efforts to improve access to healthcare, the core focus of our philanthropic initiatives. Through our support of health initiatives, and by the generosity and compassion of our employees, we strive to make the community in which we operate a better place to live and work.
At Pfizer, ‘Community’ is a Core Value.
Building relationships within the communities in which Pfizer operates is high on the agenda of Pfizer. We recognize that constructive interaction with society and positive relationships with host communities are important to our success and are beneficial to the company, its employees and the people around. Support to the need of the community is an integral part of Pfizer’s round the year community development programs.
Our Philanthropic Focus
�Providing Access to Medicines
�Support to Patient Groups
�Providing Health Literacy
�Spreading Disease Awareness
�Building Communities
�Education, Training and Capacity Building.
Pfizer was awarded a Certificate of Commendation for its social responsibility efforts, by the Federation of Indian Chambers of Commerce and Industry.
Former Union Minister Arun Shourie handing over the Certificate of Commendation to S.Ramkrishna, Sr.Director, Corp.Affairs, Pfizer Limited, India.
CSR Activities :2006-2007
Your Company strives to be a trusted and responsible member of the community in which it works to give back to our communities through urban revitalization initiatives, school partnerships and support for healthcare in rural and urban India. We help to foster forward – thinking, community – based approaches within the organization which manifests itself through the involvement of our colleagues in the various social initiatives that we have embarked on in 2007.
The sustained efforts to give back to the society have resulted in communities continuing to be benefited by them. Your Company’s efforts to rebuild the school building at Nagapattinam that was destroyed during the tsunami in 2005 continues to imparteducation to several children even today. The other philanthropic initiatives led by the Corporate Communications team of your Company in 2007 are:
Product Donations
Your Company supported activities that tackled diseases through product donation. Significant product donations were made to deserving voluntary organizations. Amongst other medicines, your Company has donated several products to social organizations which included NGOs that work in schools for the underprivileged. Your Company also provided the urgent supply of medicines required by UNICEF for patients in the flood affected districts of Bihar. Your Company’s medicines were donated to over 20 NGOs that serve across all age groups from orphan children to the aged.
Running for a cause
Your Company also participated in the Mumbai marathon and ran in support of Vcare – an NGO that works towards helping cancer patients and their families cope with the crisis in their lives. V Care is an emotional support group, providing assistance for financial aid, counselling and gives information to patients and their families in addition to other activities.
Mother and Child Healthcare Project in rural Haryana
The Mother & Child Healthcare Project in rural Haryana extends to 41 villages. Pfizer India’s partnership with Arpana Research & Charities Trust for this project has entered into the sixth year.
Your Company’s support has enabled Arpana to empower women, impart education and generate awareness on antenatal care, post natal care and sanitation. The increased awareness saw a 20 percent reduction in low birth weight babies, 94 percent coverage of antenatal checkups and TT immunizations and a 20 percentjump in institutional deliveries. The presence of neural tube defects among the infants also showed a decrease.
Arpana also facilitated the inclusion of vital micronutrients in the dietary habits by promoting the conceptofvillage gardens. The project involved distribution of seeds, monitoring of kitchen gardens and prizes for well maintained kitchen gardens. 64 percent of the target villages now have gardens. This has ensured supply of nutritious food and vegetables for the families, thereby better health for the mother and child.
Economic Rehabilitation Program_
The Economic Rehabilitation Project was initiated to enable the Tsunami affected, small entrepreneurs of Tamil Nadu’s coastal region regain their economic independence. Pfizer commenced the Economic Rehabilitation Project in association with World Vision International (WVI).
Launched in Chennai, the project spans eight villages in areas of Nagapattinam town, Vailankani Arukattuthurai and Tranqubar. It has benefited the families of 1000 economically disadvantaged people.
Over a period of 5 years, a grant of Rs.1 crore is being disbursed among the affected communities as modest grant cum low interest loans for working capital to re-establish their self made businesses. The resources for this project include donations from Pfizer Inc. and colleagues from Pfizer Japan
Source : Annual Report 2006-2007
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Pfizer Ltd
Pfizer Centre,
Patel Estate, S V Road,
Jogeshwari (West),
Mumbai – 400 102.
Tel : +91- 22 – 5693 2000
Fax : +91- 22 – 5693 2444
Web address : http://www.pfizerindia.com/caring_ci.html