Company: The Great Eastern Shipping Company Ltd
Income 2005-2006 = Rs 2100 Cr (rounded off)
Net profit after tax (05-06) = Rs 800 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
The Vasant J. Sheth Memorial Foundation is a registered charitable trust, dedicated to promoting education, welfare, health, conservation and publishing in maritime related areas. Founded in 1993 in memory of the Indian shipping pioneer, Vasant J. Sheth, the Foundation has funded and supported over 70 projects.
To achieve its objectives, the Foundation works with human and capital resources from different sections of society. Projects range from scholarships, health initiatives, heritage research, environment conservation and protection and disaster relief programmes.
In its 14th year now, the Foundation has emerged as a pioneering maritime institution in India.
Activities :
Tsunami Relief
Supported the C P Ramaswami Aiyar Foundation to provide relief material to 170 tsunami-affected coastal families of Anumanthaikuppam in Tamil Nadu. Household materials like utensils, stoves, mats, blankets, buckets and lanterns were provided to the affected families. Students were given books and stationery.
Children for Tsunami Relief: Exhibition
Organised an exhibition of paintings on jute panels by children of Great Eastern staff and the Akanksha Foundation to raise funds for a children’s park in Anumanthaikuppam in Tamil Nadu. The target of Rs. 2,00,000/- was achieved and the park developed by the C P Ramaswami Aiyar Foundation.
Flood relief for Sidi families in Gujarat
Provided assistance to the Siddi Goma Al-Mubrik Charitable Trust to rebuild homes for Sidi families affected by the devastating floods in Surat 2006. Sidis, a community originally from Africa settled in India over 300 years ago, are an important part of Indian maritime history.
Supported the Bombay Community Public Trust (BCPT) to purchase uniforms and schools bags for 400 children from flood-affected fishing villages of Versova and Madh Island during the floods in Bombay, July 2005. Helped rebuild the Women’s India Trust’s (WIT) Panvel centre where the Foundation had donated teaching aids.
Girls’ Hostel, Kelshi Education Society (Dhapoli, Maharashtra)
Built a girls’ hostel in Kelshi Education Society to enable full school attendance and arranged free computers gifted by the Lala Arjundas Seth Charitable Trust.
Toy Libraries
Established toy Libraries in coastal schools at Kovalam in Kerala, and Vesawa, Marve and Worli in Mumbai through the Children’s Toy Foundation. Also supported a mobile toy van, which travels to ten construction sites to entertain children of the workers in Mumbai. Toy libraries were also established at Kelshi Education Society in Dhapoli and at the Women’s India Trust Centre at Panvel.
Non-formal education, Vimla Vikas Kendra, Bombay
Supported Vimla Vikas Kendra in 2004-05, dedicated to the welfare and education of street children working at the Mazagaon Docks, Mumbai. The project supports 150 children between 8 and 14 years and provides books and stationery.
Development Project for Koli Children and Youth, Pragati Kendra Trust, Bombay
Supported Pragati Kendra Trust to initiate and implement a developmental project for the children and youth in Koli dominated areas of Worli, Mumbai from 2002 to 2004. The project includes special classes for weaker students and school drop-outs, balwadi (pre-school) programmes, holiday camps and cultural programmes
Health :
Community Medicine Programme, Sunderban, West Bengal
In collaboration with the Association of Conservation and Tourism (ACT), the Foundation supports medical camps, distributes free medicines and provides free doctor consultations benefiting poorer coastal communities on the island of Bali on the periphery of the Sunderban Tiger Reserve in West Bengal. Fifty medical camps have been organised and 10,000 villagers (mainly children, women and senior citizens) have benefitted from this programme. Services of qualified MBBS doctors from Kolkata and Gosaba are engaged throughout the programme. The project, which started off in six remote villages, has now been extended to more than 15 villages.
Seamen’s Ward, St. George’s Hospital, Mumbai
The seamen’s ward at St. George’s Hospital in Mumbai, established in the pre-Independence era, was in dire need of renovation. The Vasant J Sheth Memorial Foundation upgraded and equipped the ward with modern equipment and enabled the hospital to engage an excellent panel of doctors and nurses.
Indian Red Cross Society Hospital (IRCS), Alang, Gujarat
Funded an orthopaedic and burns ward in 1997; donated two ambulances to the Indian Red Cross Society Hospital in Alang for accident victims from the hazardous shipbreaking industry. Also contributed towards an auditorium for the Gujarat Maritime Board’s Safety, Training and Welfare Centre.
To know more on the csr of this company :
http://www.vasantshethfoundation.org./
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : The Great Eastern Shipping Company Ltd
134/A, Dr. Annie Besant Road
WorliMumbai – 400 018India
Tel nos. +91 22 6661 3000 / +91 22 2492 2100 / 2200
Fax no. +91 22 2492 5900
Web address : http://www.greatship.com