The document provides information on the corporate social responsibility (CSR) activities of four Indian non-banking finance companies - Mahindra Finance, Magma Finance, Crisil, and comparisons between them. It discusses their main CSR activities such as education, health, environment, financial inclusion, and donations. It also provides recommendations for additional CSR activities Mahindra Finance could undertake such as measuring carbon footprints in supply chains, developing environmental markets, allowing employee salary donations to NGOs, and women empowerment programs.
The document provides information on the corporate social responsibility (CSR) activities of four Indian non-banking finance companies - Mahindra Finance, Magma Finance, Crisil, and comparisons between them. It discusses their main CSR activities such as education, health, environment, financial inclusion, and donations. It also provides recommendations for additional CSR activities Mahindra Finance could undertake such as measuring carbon footprints in supply chains, developing environmental markets, allowing employee salary donations to NGOs, and women empowerment programs.
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Attribution Non-Commercial (BY-NC)
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The document provides information on the corporate social responsibility (CSR) activities of four Indian non-banking finance companies - Mahindra Finance, Magma Finance, Crisil, and comparisons between them. It discusses their main CSR activities such as education, health, environment, financial inclusion, and donations. It also provides recommendations for additional CSR activities Mahindra Finance could undertake such as measuring carbon footprints in supply chains, developing environmental markets, allowing employee salary donations to NGOs, and women empowerment programs.
Copyright:
Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPTX, PDF, TXT or read online from Scribd
{N8lc) resented 8y GroupS Anupam Mohapatra(10202068) awan Chaudhury(10202089) Gaurav Iha(10202114) Abh|[eet an|grah|(1020211S) Swatee M|shra(10202112) CCMAn? 8CllLL Mah|ndra and Mah|ndra I|nanc|a| Serv|ces L|m|ted ls one of lndla's leadlng nonbank|ng f|nance compan|es 1hrough a vasL neLwork of branches lL provldes personallzed flnance for Lhe wldesL range of uLlllLy vehlcles LracLors and cars focuslng on Lhe rural and semlurban secLor MMlSL's rural flnanclng ls consldered as Lhe cornersLone of poverLy reducLlon rural developmenL and lncluslve growLh ln many parLs of Lhe counLry CurrenLly provlde employmenL Lo over 6200 people who belong Lo Lhe areas ln whlch we serve ensurlng LhaL our employees Lruly undersLand Lhelr cusLomers Ilson Cf Lhe Company 1o be Lhe leadlng llnanclal Servlces rovlder ln urban and 8ural lndla Corporate Soc|a| kespons|b|||ty AcLlve lmplemenLaLlon of programs and lnlLlaLlves for Lhe beLLermenL of socleLy communlLles and Lhe envlronmenL CommlLLed Lo educaLlon Lhe envlronmenL and seLLlng up and malnLalnlng lnfrasLrucLure for urban beauLlflcaLlon polluLlon reducLlon and healLhcare wasLe managemenL ln Lhe offlce envlronmenL Lree planLaLlon and waLer LreaLmenL Lncourages and recognlze employees for volunLeerlng wlLh Lhe splrlL of servlng and sharlng wlLh Lhe communlLy arLnered wlLh Lhe governmenL nCC's and oLher buslness parLners Lo conLrlbuLe poslLlvely Lowards Lhe economlc and human developmenL of Lhe socleLy and especlally Lhe underprlvlleged secLlons of socleLy 1he Mlllennlum uevelopmenL Coals 1) LradlcaLe exLreme poverLy and hunger 2) Achleve unlversal prlmary educaLlon 3) romoLe gender equallLy and empower women 4) 8educe chlld morLallLy 3) lmprove maLernal healLh 6) CombaL PlI$AluSmalarla and oLher dlseases 7) Lnsure envlronmenLal susLalnablllLy 8) uevelop a global parLnershlp for developmenL Mahlndra llnance +MuC @hree ma|n CSk act|v|t|es 1 Clrl Chlld(MuC Coal2) 2 PealLhcare(MuC Coal6) 3 LnvlronmenL(MuC Coal7) CS8 8C!LC1S 8? 1PL CCMAn?+18L Lmployee Soclal CpLlons(eople) Mahlndra Parlyall (laneL) nanhl kall(eople) Llfe Llne Lxpress(eople) 8lood uonaLlon Camps(eople) Ambulance uonaLlon(people) Employee Social Options: Employee Social Options are designed to instill the spirit oI social volunteering in the employees oI the Mahindra group. This unique initiative provides our employees with an opportunity to contribute to society by participating in our wide-ranging social activities. ahindra Hariyali : t is a mass tree plantation initiative undertaken by each and every Mahindra location, be it a Plant/Iactory setting or a corporate oIIice. Shramdaan` by Mahindra employees, their Iamilies and even Mahindra dealers, is a major driver oI the initiative. !roject Nanhi Kali :t was initiated in 1996 by K C Mahindra Education Trust (KCMET) with an objective to provide primary education to underprivileged girl children in ndia. 10 years oI quality education and material support to underprivileged girl children. Currently having the education oI over 49,203 underprivileged girl children. ife ine Express: Iree oI cost hospital-on-wheels, is a joint undertaking oI Mahindra & Mahindra Automotive and Mahindra Finance to sponsor the LiIeline Express project at Rangia, Assam. OOD & ambulance donation: donated ambulances to Echo, Voice oI ndia, Sevak Mental Hospital, Mukth Jeevan and other hospitals. Nationwide Blood Donation Camps and Annual Blood Donation Drives to commemorate its pledge to our society under the banner oI Employee Social Options (ESOPS), CS8 of Magma llnance+MuC AL Magma CorporaLe Soclal 8esponslblllLy (CS8) ls a medlum Lo meeL our soclal economlc envlronmenLal and eLhlcal responslblllLles 1LducaLlon(MuC Coal2) 2 PealLh(MuC Coal436) 3ArL ;uallLy LducaLlon wlLh Magma llnance ducat|onlor Lhe deprlved and genderdlscrlmlnaLed chlldren Magma represenLs posslblllLles Magma has parLnered wlLh lrlends of 1rlbal SocleLy for lLs LlLeracy ro[ecL lL has adopLed 13 schools ln slx Lrlbal areas of !amshedpur 8alpur !abalpur 8anchl Slllgurl and 8hubaneshwar under Lhe unlque Lkal Ildyalaya Scheme ne teacher schoo|s (C1S) ls based on Lhe slmple buL effecLlve concepL of one Lralned Leacher educaLlng chlldren ln Lhe 614 age group for Lhree hours a day uslng lnformal Leachlng meLhods 8eLLer PealLh wlLh Magma llnance PealLh and eyecheckup camps for Lruck drlvers and Lhelr assoclaLes As medlcal experLs gulde Lhe Lruckers on healLhrelaLed lssues free medlclnes specLacles and glfLs are also dlsLrlbuLed aL Lhe healLh camps 1he Lruckers recelve Llps on healLh and safe drlvlng along wlLh whlch Lhey en[oy Lhe enLerLalnmenL programes AwarenessgeneraLlng puppeL shows and nukkad naLaks (sLreeL plays) games slnglng arm wresLllng and conLesLs on besL malnLalned Lruck compeLlLlons among oLhers creaLe a lasLlng lmpacL ArLA splash of color Lncourage buddlng young palnLers Lo express Lhelr unlque LalenL by organlzlng Lhe alnLers Workshop romlslng palnLers are selecLed for yearlong scholarshlps glvlng Lhem some flnanclal leeway Lo pursue Lhelr dreams 8y supporLlng Lhe developmenL of Lhe LalenLed arLlsLs our foray ln Lhe domaln of flne arLs has become a success ConL Grandparents day out1hls program was lnlLlaLed Lo exLend our love and respecL Lo Lhe elderly clLlzens who llve ln old age homes Monetary banda|dlL offers flnanclal asslsLance Lo Lhe soclally dlsadvanLaged paLlenLs of leukemla and oLher forms of cancer and Luberculosls among oLhers lL ls Magmas way of helplng Lhe needy CS8 of Crlsll C8lSlL Maklng Lhe markeLs funcLlon beLLer ls noL llmlLed Lo lLs buslness servlces lL ls applled ln large parL also Lo lLs commlLmenL Lo socleLy and ln lLs lnlLlaLlves Lo fosLer self rellance and a beLLer fuLure for Lhe nexL generaLlon l llnanclal Awareness ll Maklng and faclllLaLlng uonaLlons lll AccredlLaLlon of nCCs lI Creen lnlLlaLlves llnanclal awareness @o ensure greater f|nanc|a| |nc|us|on a Mlcroflnance lndusLry Analysls lndlas 1op 30 Mlcroflnance lnsLlLuLlons a publlcaLlon by C8lSlL lncludes a comprehenslve and lnclslve commenLary LhaL faclllLaLes a sLrucLured evoluLlon of Lhe Mll secLor whlch leads Lo lncreased Lransparency b CreaLlng and dlssemlnaLlng lnformaLlon for reLall lnvesLors C8lSlLs llnanclal Awareness Leam concepLuallzed and creaLed a large reposlLory of educaLlonal maLerlal cusLomlzed Lo Lhe needs of Lhe general publlc lL ls now worklng on Lhe dlsLrlbuLlon plans Lo lmplemenL and reach ouL Lo a wlde audlence LhaL sLands Lo beneflL from Lhls maLerlal c C8lSlL ComplexlLy Levels A Clobal llrsL C8lSlL proacLlvely monlLors Lhe debL markeL for lssuances and analyses Lhese Lo deLermlne Lhe complexlLy levels of lnsLrumenLs lssued and makes lL publlcly avallable free of cosL Maklng and faclllLaLlng uonaLlons roducL dlsplay by nCC lranchlse Awareness campalgn 8lood donaLlon camps 8ulld and 1ree lanLaLlon urlves !oy of Clvlng Week 1he CloLhes and 1oys uonaLlon An opporLunlLy Lo play SanLa AccredlLaLlon of nCCs C8lSlL has always worked Lowards fosLerlng Lransparency ln Lhe IolunLary CrganlzaLlon (IC) secLor Lhrough a rellable accredlLaLlon process C8lSlL asslsLed Lhe Lask force ln Lhe followlng areas % ueflnlng Lhe procedure for accredlLaLlon of ICs % ldenLlfylng Lhe posslblllLy and mechanlsm of gradlng of ICs$nongovernmenLal organlzaLlons (nCCs) % SuggesLlng vlable flnanclal models for accredlLlng ICs$ nCCs Creen lnlLlaLlves C8lSlL recenLly moved lLs offlces ln Mumbal Lo C8lSlL Pouse Plranandanl owal 1hls 211610 squarefeeL offlce bulldlng ls an envlronmenL frlendly bulldlng CpLlmum use of waLer fuel and energy use of recyclable$renewable maLerlal Lhus reduclng lLs carbon fooLprlnL 1here ls a large green cover and a roof garden Lo ensure mlnlmal CC2 emlsslons 1here ls a provlslon for allowlng ample sunllghL Lhus reduclng elecLrlclLy consumpLlon Ildeo conferenclng and oLher modern LelecommunlcaLlons Lo reduce Lravelllng requlremenLs ConL C8lSlL uses low powerconsumlng deskLop vlrLuallzaLlon concepLs ln cases where fullfledged Cs are noL requlred 8educes energy consumpLlon by up Lo 20 per cenL and waLer consumpLlon by up Lo 30 per cenL Carpoollng uurlng Lhe recenL LarLh Pour employees of C8lSlL parLlclpaLed by swlLchlng off llghLs and alr condlLloners ln all offlces worldwlde CS8 Comparlson CSk AC@I@ Mah|ndra I|nance Magma I|nance Cr|s|| LuuCA1lCn LnIl8CnMLn1 A81 CuL1u8L PLAL1P llnanclal Awareness Maklng and faclllLaLlng uonaLlons AccredlLaLlon of nCCs Recommendations for extra CSR activities for MMISL Carbon Footprinting Reaches Supply Chains: More companies are gathering credible data about the carbon emissions in their global supply chainand CSR is designing a calculator tool to help them. New Opportunities in Environmental Markets: Beyond reducing their climate impact through decreased carbon emissions, advanced companies are working to monetize and develop markets Ior environmental services like water, nutrients and biodiversity. Employee can donate some part oI their salary to various NGO`S in order to have social development without any hindrance. Should bring in women empowerment program to make the women's in villages more self dependent by training them in embroidery, stitching, and other textile craftwork Should offer incentives to their employee to install solar panels in their homes. Should give more emphasis on microfinance sector by which it can help unprivileged section of the society. 24