We, Hitachi Hi-Rel Power Electronics (HHPE), support the reform measure of Corporate Social Responsibility (CSR) mandate, undertaken by the government. Corporate Social Responsibility and Sustainability is our commitment to our stakeholders to conduct our business in an Economically, Socially and Environmentally Sustainable Manner that is transparent and ethical. It is integrated with our Core Business Strategy for addressing Social and Environmental impacts of business. It addresses the well-being of all the stakeholders.
We align our CSR activities with our Mid-term Management Plan to realize the Hitachi Group Vision, creating both Social and Economic Value. Few of our Corporate Social Responsibility Initiatives are support to Akshay Patra to eradicate Hunger and Malnutrition, support to Samastha Kutch Kadva Patidar Foundation, GJ, India to construct a hostel building to promote Education and support to Yuva Unstoppable - NGO to improve primary education in municipal schools to promote Education.
HHPE strives to contribute to solve social issues through sustainable CSR initiatives. By recognizing, identifying and prioritizing social issues, HHPE aims to implement well-planned CSR initiatives through collaboration with employees, consultation and communication with various stakeholders. As per the CSR Policy, the Company may undertake CSR activities as mentioned in Schedule VII. During the year under review the Company has focused on two key areas (i) Health (ii) Education.
Hitachi Hi-Rel management prioritized to develop the skills of youth population in age group of 18-45 years to promote wage employment and self-employment with the objectives to enhance the skill of existing workforce (Up skilling) who are pursuing sustainable livelihood option through provision of vocational training at Industrial Training Institutes (ITIs) and to facilitate employment of youths post skill development training. For this CSR project, HHPE, along with Hitachi India, has on boarded Labour Net as their implementing partner. This CSR initiative is aligned to Prime Minister's Kaushal Vikas Yojna for promoting "Skill India" vision of Government.
Provided skill development training to 130 candidates through Individual Learning Solution (ILS) whereby youths undergone skill training at an Industrial Training Institute (ITI), Bangalore in sectors desirable by them for employment, which covered activities like enrolment and registration, counselling, training delivery-class room sessions, practical classes and On Job Training (OJT), assessment followed by certifications and placements and job linkages.
In accordance to the blueprint of Evolution, we refurbished the infrastructure particularly Sanitation and Drinking water facilities of Rethal Pay School, Sanand as per specifications.
Pursuant to Section 135 (9) the company whose CSR obligation is less than INR 5 Million can authorized Board of Directors to discharge the functions of the CSR Committee. Accordingly, the resolution was passed in the Board meeting held on 6th June, 2022 entrusting Board of Directors for discharging the role, responsibilities and functions of CSR Committee. During the year under review the Board has discharged the responsibilities of the CSR Committee.
In terms of the CSR Annual Action Plan and provisions of the Companies Act, 2013 (“Act”) and relevant rules made there under, given below is the proposed CSR activities approved by the Board of Directors of the Company to be carried out for FY 2022-23.
| Sr. | CSR Activities | Item from the list of activity in schedule VII of the Act | Location of the Projecta) Stateb) District | Amount allocated for the project (in INR) | a) Mode of Implementationb) Mode of Implementation-Through Implementing Agencyc) Name of Agency & CSR Registration number. |
|---|---|---|---|---|---|
| 1 | Undertaking treatment of deserving patients in respect of Urological diseases. | Promoting health care including preventive health care. | State: Gujarat District: Nadiad | 1,165,000 | Indirect through trust – Vithaldas Tulsidas Desai Charity Trust – Muljibhai Patel Urological Hospital, Nadiad. CSR Registration Number : CSR00005235 |
| 2 | Sponsoring Mid-day meal scheme in Government School. | Eradicating hunger, poverty and malnutrition. | State: Gujarat District: Gandhinagar | 1,165,000 | Indirect through Section 8 company – The Akshaypatra Foundation. CSR Registration Number: CSR00000286 |
