CORPORATE SOCIAL RESPONSIBILITY

Concord believes that along with sustained economic performance, environmental and social stewardship is also a key factor for holistic business growth. We strive to integrate our business values and operations to meet the expectations of our stakeholders. Communities, ranging from those villages around its manufacturing facilities to those employed by its contractors and suppliers, are key stake holders and Concord is committed to ensuring that they benefit from the company's presence in their neighborhood. As a responsible Corporate Citizen, we aspire to undertake programs that can have a meaningful impact on the communities and the society at large. We seek to lead by example and are committed to the active involvement and participation of our employees in our corporate responsibility initiatives.

We have a defined Corporate Social Responsibility policy, which lays down the Objectives, Implementation guidelines, monitoring of CSR programs and its reviews.

We have adopted a Corporate Social Responsibility (“CSR”) policy. Our CSR activities are primarily focused on:

  • Healthcare. We promote healthcare, including preventive healthcare, through providing awareness programs, health check-ups and medicine and treatment facilities. Our mobile medical unit travels to nearby villages to provide free medication and consultations.
  • Education. We promote education, especially among children, by supporting schools with the necessary infrastructure. We installed e-smart classes in schools of neighboring villages. We also provide scholarships to students of Indian Institutes of Technology with economically-difficult backgrounds.
  • Gender equality and empowerment of women. We conduct regular awareness programs in nearby communities to promote gender equality and empowerment of women.
  • Environmental sustainability. We carry out tree-planting programmes and rainwater harvesting projects.
  • Rural development projects. We work with certain governmental agencies to strengthen rural areas by improving drinking water, hygiene and sanitation.