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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.

Towards Betterment of Communities

Corporate Social Responsibility (CSR) is a key pillar of our holistic development strategy. At Bharat Gears, we are committed to uplift the communities in which we operate for building an inclusive society.

Our CSR initiatives are implemented through partnerships with reputed NGOs in line with the Company’s CSR policy under the guidance of the Board. Healthcare, Hunger, Education, Environment, and Infrastructure Development form our major focus areas.

Key activities conducted during recent years include:
  • Provided patrolling vehicle(s) to the local police for road safety patrolling to sensitize citizens on appropriate traffic regulations and road sense via fully equipped PCR vehicles in Faridabad. The road safety initiative was implemented with the intent to educate the masses and spread awareness among those with limited or no access to awareness aids on road safety and dealing with traumatic situations after accidents
  • Donated to “VidyaJagat Cancer Foundation” as part of the initiative on Preventive Health Care
  • Donated to “Sarvam Foundation” towards Women Empowerment
  • Donated to “Lawrence School Sanawar Society” for promoting Education and Sanitization
  • Donated to “Save Aravali Foundation” as contribution towards environment sustainability
  • Donated to “Robin Hood Army, Faridabad” for distribution of food and foodgrains to needy people in local areas

Through our meaningful interventions, we aim to create sustainable livelihoods and empowerment at the grassroots level.

Green Initiative by BGL

The Company has taken a green initiative by developing and maintaining greenery along the road crossing thus contributing towards in making the environment Clean and Green.

Safety & Environment Initiatives at BGL

The Company has adopted safety, health, and environment (SHE) policy with a commitment to provide a safe and healthy working environment, preservation of the environment of the territory in which the organization operates, preventing the wasteful use of natural resources and minimize any hazardous impact of development, production, use and disposal of any of the organization products and services on ecological environment, maintained highest standard of environmental management and ensure for all its members, consultants , contractors and customers a safe and healthy environment, free from injury and disease.

Employee Welfare

The Company provides med claim policy to its employees and also provides other assistance on any mis-happening with any employee, in deserving cases. Company does also provide valuable gifts to the employees on occasions of self marriage and on daughter's marriage and also celebrates their birthdays which create a feeling of self belonging to the Company in the minds of the employees for the Company. In order to build team spirit among employees, various cultural programmes and sports tournaments are also organized at short intervals and on festive occasions.

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