Ambuja Cement has made conscious efforts to involve communities in its development journey through Ambuja Cement Foundation (ACF), the CSR arm of the company. ACF understands its responsibility to co-exist peacefully with the host communities, and over the past two decades has kick-started multiple programmes at 22 locations spread over 12 states in India.
ACF’s programs are focussed on: Water Management, Skill and Entrepreneurship Development, Healthcare, Education, Women Empowerment and Agro-based Livelihoods.
|A brief outline of the Company’s CSR policy, including overview of projects or programs proposed to be undertaken and a reference to the web link to CSR policy and projects or programs||The Company has adopted the CSR policy on 26th April, 2011. This policy was modified to align with the provision of the New Companies Act, 2013, which was adopted by the board on 24th April 2014. The same is available on the website of the Company at http://www.ambujacement.com/wp-content/themes/ambuja/downloads/CSR_policy.pdf. ACF was envisioned in 1993 to create self-empowered communities. Over the past two decades ACF has been working mainly with communities around ACL’s manufacturing sites across twenty two locations in twelve states. ACF’s approach is to energise, involve and enable communities to realise their true potential and be self-sustaining. The key identified programme areas of ACF areas are Natural Resource Management (land and water resource management), Livelihood Promotion (agro based livelihoods and skill and entrepreneurship development), Human Development (community health and sanitation, education and women empowerment) and Rural Infrastructure Development.|
|Average net profit of the company for last three years||INR 17.3196 billion|
|Prescribed CSR Expenditure (two percent of the average net profit of last 3 years)||INR 346.4 million|
|Actual amount of CSR spent during the financial year 16-17:||INR 409.8 million|