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CSR Bajaj

Bajaj's CSR policy focuses on creating shared value, sustainability, and long-term shareholder value through initiatives that reduce poverty, improve health, empower people, and protect the future. Bajaj's CSR activities converge economic and social benefits through educational institutions, workplace initiatives, and marketplace programs. Bajaj follows the Global Reporting Initiative framework to report on its CSR initiatives and commitments to sustainable development.

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ankjinz
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230 views10 pages

CSR Bajaj

Bajaj's CSR policy focuses on creating shared value, sustainability, and long-term shareholder value through initiatives that reduce poverty, improve health, empower people, and protect the future. Bajaj's CSR activities converge economic and social benefits through educational institutions, workplace initiatives, and marketplace programs. Bajaj follows the Global Reporting Initiative framework to report on its CSR initiatives and commitments to sustainable development.

Uploaded by

ankjinz
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
Download as pptx, pdf, or txt
Download as pptx, pdf, or txt
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CORPORATE SOCIAL

RESPONSIBILITY
BAJAJ’s CSR Policy
BAJAJ’s Philosophy

“Do whatever you think


best, but be best at
whatever you do”

Vision
We aim to
bring greater
happiness to
our customers
by improving
their quality Mission
of life, while
enhancing
stakeholder
value
CSR Level
CREATE
S HAR ED VALUE
Re duce pov er ty,
Improve hea lth
Empowe rpeople

Long-term
shareholder
value
creation
SUSTAINABILITY
Protect the future

Sustainable
profitable
growth

Corporate
governance
Sustainability
Pure Philanthropy

BAJAJ’s
Convergence of
Interests for
Sustainability
Social Benefit
Combined
Economic and
Social benefit

Pure Business
Economic Benefit
Corporate Structure & Governance
Initiatives
“Corporate Governance is the adoption of best business practices which
ensure that the Company operates not only within the regulatory
frame-work, but is also guided by ethics. The adoption of such
corporate practices ensure accountability of the persons in charge of the
Company on one hand and brings benefits to investors, customers,
suppliers, creditors, employees and the society at large on the other.”

Applies to

Board of Directors Senior Management Team Department Heads Employees


Core values and Business Ethics
 Financial Reporting and Records

 Equal-Opportunities by Employer

 Gifts and donations

 Health, Safety and Environment

 Quality of Products and Services

 Corporate Opportunities

 Fair Dealing

 Compliance with Laws, Rules, and Regulations


Measurement of Community Initiatives

Educational

Jamnalal Jankidevi
Institute of Shiksha Bajaj Bajaj
Gandhi Gyan Gitai
Gandhian Mandal, Institute of Institute of
Mandir Mandir
Studies Wardha Management Management
Studies Studies
Workplace
Initiative

- Jamnalal Bajaj
Foundation
and Awards

Marketplace
Initiative
- IMC Ramkrishna
Bajaj National
Quality Award
- Consumer
Protection
Reporting
BAJAJ follows Global Reporting Initiative(GRI)
sustainability index to report its initiatives.

BAJAJ’s initiative to using GRI framework helps in


analyzing the organization’s performance with
respect to laws, norms, codes, performance
standards and voluntary initiatives and also
demonstrates organization’s commitment to
sustainable development.
Pitfalls to be avoided
 Selecting an inappropriate CSR activity

 Effective launch, ineffective implementation

 Spreading resources too thin

 Poor accountability of results

 Poor conviction in making a difference

 Weak monitoring mechanism

 Often mistaken for a Public Relations exercise

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