Corporate Social Responsibility (CSR) is the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders. The strategies for CSR are meant to encourage the organization to make a positive impact on the environment and stakeholders in terms of education, health care, livelihood, natural resources management, advocacy and inclusion.
The philanthropic nature of CSR activities necessitates a studied, considerate and passionate approach to contribute positively towards tackling genuine issues facing the society. It, hence becomes an imperative for the Top Management to drive the philosophy across levels within the organization and across all stakeholders.
At Solaris Chemtech, CSR is integral to the way we conduct ourselves in business and in society. It is our strong belief that business sustainability is closely connected to the sustainable and holistic development of the community and environment.
CSR at Solaris is not a set of one off activities to cater to statutory requirements, it is planned as a long-term intervention taking into account the society’s needs and aspirations. All our projects are centered around sustainable development and implemented across thematic areas such as education support program, health care, livelihood promotion program, soil and water conservation program, environment conservation program.
The CSR policy of the company aims to identify and support all projects/programs undertaken as part of the organisation’s Corporate Social Responsibilities within the framework of Schedule VII of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014. The policy will serve as a guiding document to help identify, execute and monitor CSR projects in keeping with the spirit of the policy. The Company’s CSR Policy encompasses the Company’s philosophy owning its responsibility as a corporate citizen and lays down the guidelines and mechanism for undertaking socially useful projects & programs for the welfare and sustainable development of the community at large. Our commitment and interventions cater to all the segments of society and have been classified into 4 focus areas, they are:
A. Revival of Art & Culture
The soul of the human race lies with the art and culture that they possess and which now a days gradually eloping, dying, and decaying. This is the effort to revive, preserve and conserve of fine arts and folk culture of the nation.
B. Ecosystem Conservation (Vasundhara)
Focus on protecting & conserving nature and the environment through
- Awareness & Sensitization
- Environment Conservation
- Soil & Water Conservation
C. Community Development
Focus on creating self-reliant village through
- Education & Enlightenment (Sanskar) : Promoting education, including special education and employment enhancing vocation skills.
- Health & Sanitation Initiatives (Seva): Promoting Health care including preventive health care to the villages and elsewhere through various activities and organising medical camps
- Livelihood Initiatives (Samruddhi): Need based livelihood initiative like promoting better agricultural practices which include farm and non-farm based activities.
D. Need-Based Activities
Focus on the activities based on needs of local area and national area.
- Integrated Solid Waste Management programme
- Various need based activities for the village development
Composition of CSR Committee
1. Chaitanya Shroff (Chairman)
2. Harsh Gupta (Member)
3. Sonu Chadha (Member)
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