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Plant Lipids is actively concerned about the welfare of society at large. To that extend this CSR policy epitomizes Plant Lipids’ values in defining its responsibility as a corporate citizen. This policy titled Plant Lipids CSR policy further lays down the guiding principles and mechanism for undertaking socially useful programs for welfare, sustainable development, and technological advancements for the society at large. Plant Lipids Private Limited (Plant Lipids) is committed to identifying and supporting programs aimed at:
  • Socio Economic development of community and, those at the base of the pyramid who are unequally endowed/enabled.
  • To contribute to society at large by way of social, economic, cultural development, imparting education, training and development and skill enhancement programs for their development and generation of income.
  • Reducing negative impact of its operations on the environment.
  • To reinforce a positive and socially responsible image of the Company in the society.
Purpose
Plant Lipids’ mission is to contribute to the social and economic development of the underprivileged community. Through a series of interventions, Plant Lipids seeks to mainstream economically, physically, and socially challenged groups and to draw them into the cycle of growth, development, and empowerment. At the core of this, its commitment is to reach out to marginalized communities through its Sustainable Livelihood Initiatives.
Policy Statement /Vision
Plant Lipids’ strategy is to integrate its activities in community development, social responsibility and environmental responsibility and encourage each business unit or function to include these considerations into its operations. In alignment with vision of the Company, Plant Lipids, through its CSR initiatives, will continue to enhance value creation in the society through its services, conduct & initiatives, to promote sustained growth for the society.
This policy will apply to all projects/programs undertaken by Plant Lipids in India through its factories, warehouse or at contract manufacturing locations as part of Plant Lipids. CSR activities will be developed, reviewed, and updated by reference to relevant codes of corporate governance and international standards or best practices. This policy is also in line with the provisions of Section 135 and CSR Rules framed under the Companies Act, 2013.
Scope