Corporate

Social
Responsibility

Social Responsibility

CSR Policy

Bharat Gears Limited (BGL) is a pioneer in Gear Technology and India's largest gear manufacturer. The Board of Directors of the Company, in its meeting held on 28th January, 2015 approved the Corporate Social Responsibility (CSR) policy as recommended by the CSR Committee in terms of provisions of Section 135 of the Companies Act, 2013.The said policy is available on the website of the Company, please download the CSR policy from below link:

Download CSR Policy

The broader activities proposed to be undertaken by the Company incorporated under the CSR policy in line with the activities prescribed under the Schedule VII of the Companies Act, 2013 includes:

  • Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation (including contribution to the Swach Bharat Kosh set-up by the central Government for the promotion of sanitation) and making available safe drinking water;
  • Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects;
  • Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
  • Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water (including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga).
  • Protection of national heritage, art and culture including restoration of building and sites of historical importance and works of art and setting up of public libraries; promotion and development or traditional arts and handicrafts;
  • Measures for the benefit of armed forces veterans, war widows and their dependents;
  • Training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports;
  • Contribution to the Prime Minister's National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare or the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women;
  • Contribution to incubators funded by Central Government or State Government or any agency or Public Sector Undertaking of Central Government or State Government, and contributions to public funded Universities, Indian Institute of Technology (IITs), National Laboratories and Autonomous Bodies (established under the auspices of Indian Council of Agricultural Research (ICAR), Indian Council of Medical Research (ICMR), Council of Scientific and Industrial Research (CSIR), Department of Atomic Energy (DAE), Defence Research and Development Organisation (DRDO), Department of Science and Technology (DST), Ministry of Electronics and Information Technology) engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs);
  • Rural Development projects.
  • Slum area development.
  • Disaster management, including relief, rehabilitation and reconstruction activities.

During the past decades, the Company has voluntarily contributed to the lives of it's associates, stakeholders in many different ways, which forms an integral part of the activities as enumerated in the CSR policy of the Company which has been adopted after the enactment of the Companies Act, 2013. We have also contributed to society especially the needy persons in our special ways and through various NGOs.

Nurturing Community Development

Embedded in our corporate culture is a steadfast commitment to supporting underprivileged communities and environmental preservation. By regularly undertaking various CSR initiatives, we strive to build a holistic and sustainable ecosystem, fostering mutual progress for all.

KEY CSR INITIATIVES IN FY 2023-24

Bharat Gears Limited has supported the activities of Ramakrishna Mission Vidyapith, Deoghar, Jharkhand. The organisation is engaged in humanitarian and social causes. The Ramakrishna Mission Vidyapith is a residential school with 500+ resident students, 150 staff and 14 monastic members.

Empowering Education

Prioritising children’s education, we provided funds to Akhil Deobag Vikas Mandal, Mumbai, for repairing the school building and purchasing necessary items for Dr. Datta Samant English School, Deobag. Additionally, we supported Myra Foundation, Faridabad, to provide education to underprivileged children.

Caring for Children with Special Needs and Disability

We supported The Association of Parents of Mentally Retarded Children (Adhar), which provides lifetime care, training, treatment, and rehabilitation to special children. Additionally, we assisted “Aaddit Charitable Trust”, which supports individuals with Autism and related disabilities through various programmes.

Distribution of Foodgrains

We distributed foodgrains, including wheat, flour, rice and pulses to Robin Hood Army, Faridabad, to be distributed to needy people in local areas.

Women Empowerment

A contribution was made to Sarvam Foundation towards women empowerment initiatives during the fiscal year.

₹ 17 Lakhs

Total CSR spend in FY 2023-24

×
  • Overview
  • History
  • Mission & Vision
  • Our Strengths
  • Message From Chairman
  • Board of Directors
  • Senior Management
  • Facts & Figures
  • Quality
  • Social Responsibility
  • Policy on Prevention of Sexual Harassment