Hul csr. Consensus ESG Ratings info for Hindustan Unilever Ltd. 2022-10-16
Hul csr Rating:
Corporate social responsibility (CSR) refers to the efforts of a company to balance its economic, social, and environmental responsibilities in a way that positively impacts the company, its stakeholders, and the community in which it operates. HUL, or Hindustan Unilever Limited, is one of the largest consumer goods companies in India and has a long history of CSR initiatives.
One of HUL's major CSR initiatives is its Project Shakti program, which aims to empower rural women in India by providing them with micro-entrepreneurship opportunities. Under this program, HUL trains and supports women in rural areas to become distributors of its products, allowing them to earn an income and gain financial independence. In addition to providing economic benefits, the Project Shakti program also helps to improve the health and hygiene of rural communities by promoting the use of HUL's products, such as soap and detergent.
Another important CSR initiative undertaken by HUL is its water conservation and management program. Water is a critical resource in India, and HUL has implemented various measures to reduce its water usage and improve water management in its operations. This includes the use of innovative technologies, such as reverse osmosis and water recycling, as well as the implementation of water conservation practices in its manufacturing facilities. In addition, HUL has also supported the construction of water storage and treatment facilities in various parts of the country, helping to ensure that communities have access to clean and safe water.
HUL has also demonstrated its commitment to environmental sustainability through its efforts to reduce greenhouse gas emissions and minimize its environmental impact. The company has set ambitious targets to reduce its carbon footprint and has implemented various initiatives to achieve these goals, including the use of renewable energy sources and the adoption of eco-friendly packaging materials.
In addition to its environmental initiatives, HUL has also focused on social and community development through its CSR programs. This includes providing education and training to disadvantaged communities, supporting healthcare initiatives, and promoting gender equality. For example, the company has supported the construction of schools and the provision of educational materials to children in underserved areas, as well as providing training and support to women to help them become self-sufficient.
In conclusion, HUL has a long history of CSR initiatives that have had a positive impact on both the company and the communities in which it operates. Through programs such as Project Shakti, water conservation and management, and environmental sustainability, HUL has demonstrated its commitment to being a responsible corporate citizen.
Hindustan Unilever CSR Creates Sustainable Communities in India
India needs to bridge the divide to a fairer, more socially inclusive world. Ritesh Tiwari was appointed as a member of the Committee succeeding Srinivas Phatak with effect from 1st May 2021. Project Shakti already has about 6200 women entrepreneurs in its fold. The initiative received appreciation at the Johannesburg World Summit on Sustainable Development. Prabhat Livelihood Centres in 17 locations have provided skill development to over 95,000 women and adolescents in the farm and non-farm sector and successfully generated employment for more than 50,000 people, 70% of which are women. Also, Project Shakti, the pioneering initiative by HUL CSR, won the highly commended innovative project at the Finance for the Future Awards, 2019. During the year, the Company has spent an amount of Rs.
CSR of HUL: Empowering communities through Prabhat
Project Name Location Total Spent in INR Cr 1 Covid-19 Relief PAN India 61. The initiative will generate higher sales and higher returns for the SHGs. The project has reached out to close to 6 million people across 19 states and two union territories since its inception in 2013. Companies are required to deliver long-term sustainable growth while driving change on urgent issues like climate and nature, social inequality, and health and wellbeing. These kits used 3 lakhs of environment-friendly cloth bags made by Prabhat Livelihood Centre beneficiaries, helping them with additional income. The campaign has been divided into various phases. There are many other measures -- Reverse Osmosis Plants and Solar Evaporation Ponds to name a few.
The objective of this Policy is to set the direction for the CSR activities of the Company by defining the governance, implementation, and monitoring framework of the activities to ensure effectiveness. It covers Sustainable Development, Corporate Social Responsibility CSR , Sustainability, and related issues in India. They have reached out to 21 million people through this CSR sustainable programme. It aims to achieve this through providing information, resources, inputs and support in the areas of education, career and enterprise. In 2019-20, the company had spent a total of Rs 143. As is well-known, TERI, which was established in 1974, is world famous for its commitment to and initiatives in every aspect of sustainable development. The campaign reached over 600 million people across India, including small towns and rural areas through television and digital platforms.
CSR: Hindustan Unilever spends Rs. 157 Cr on SDGs projects in FY 2022
To address the water challenges in the country, the company launched the Hindustan Unilever Foundation, a not-for-profit subsidiary in 2010. Unspent CSR Amount The company has transferred a total of Rs. The destitute and the HIV-positive are provided with food, shelter and medication for the last few days of their lives. CSR Committee of the Board: The CSR Committee provides oversight and guidance on CSR performance and monitors compliance with the CSR Policy, commitments and the applicable CSR provisions and if required make necessary recommendations to the Board, from time to time. Since 2003, all HUL sites have begun to harvest rain water. This recommendation emphasizes the need for public awareness to support the corporate citizenship activities of the company and related organizations. These corporate responsibility initiatives enable Unilever to contribute to community development and business sustainability.
During Covid-19, more than 1. They have over 18,000 employees and aves an annual turnover of INR 31,425 crores financial year 2015 — 16. Environment — HUL CSR reducing the environmental impact of its activities 4. Also Read: Also Read: India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. How can corporate social responsibility activities create value for stakeholders? The efforts have resulted in the creation of a green belt, which is the only visible green patch in the area.
Water for Public Good with specific focus on livelihoods was identified as the key thrust for the Foundation. The village, which has been named Yashodadham, was dedicated to its 1100 residents in December 2002. India CSR is the Largest Source of CSR information in India. Environmental Sustainability and Water Conservation including drinking water and creating Eco Model Villages Environmental sustainability, ecological balance, protection of flora and fauna, conservation of natural resources, measures to prevent climate change and creating water positive, zero waste to landfill and carbon neutral villages. In the event of any conflict between the provisions of this Policy and statutory requirements, law shall prevail over and automatically be applicable to this Policy. It seeks to empower underprivileged rural women by providing income- generating opportunities.
When the COVID-19 pandemic reached India, HUL pledged and the amount of Rs. HUL believes that it is this commitment which will deliver sustainable, profitable growth. In recognition of these initiatives, HUL received the prestigious TERI-CSR Special Award for the year 2002-03 from The Energy and Resources Institute TERI. There are currently 112,826 freezers with HC technology in their fleet in India. Hindustan Unilever Limited HUL is India's largest Fast Moving Consumer Goods Company with a heritage of over 80 years in India and touches the lives of two out of three Indians. Here are some of the long-term CSR projects by HUL. Seven of them are on a river running through the village, and 11 smaller ones at different water run-off points.
Unilever’s Corporate Social Responsibility & Stakeholders
Awards CSR initiatives of the Hindustan Unilever Limited have received multiple awards over the years. Asha Daan Kodaikanal mercury poisoning day care center — Children are taught skills such that they can become self- reliant. This has enabled the community to sow a second crop, thereby significantly increasing their incomes. Project Shakti has nearly 1. Project Shakti is a pioneering effort in creating livelihoods for rural women, organized in Self-Help Groups SHGs , and improving living standards in rural India. Its objective is to educate people about basic hygienic habits.
Consensus ESG Ratings info for Hindustan Unilever Ltd.
In accordance with Section 135 5 of the Companies Act, 2013 the Act , HUL is committed to spending at least 2% of its average net profits made during the three immediately preceding financial years in some of the identified activities that are listed in Schedule VII as amended to the Act. Yashodadham, spread over 25 acres, comprises 289 homes. They distributed Lifebuoy Soaps to 40,000+ Sanitation Workers across Mumbai and also distributed hygiene and sanitation products to about 13 hospitals in Mumbai. This has been documented in a booklet, 'Greening Barrens', so that industry, government bodies and communities adopt this widely. This is where HUL is contributing its expertise. HUL is also committed to extending its efforts on water management to the larger community, and has engaged in community projects in water adjacent to manufacturing sites. Accordingly, it spent more than Rs 61 Cr on COVID relief work.
Initiatives that are sustainable have long-term benefits and an ongoing business purpose linked to them is accorded priority focus. Our business model is designed to deliver sustainable growth. HUL has revived sick industries and has developed local entrepreneurship Furthering this rich tradition of contributing to the community, HUL is focusing on health ; hygiene education, women empowerment, and water management. HUL has also applied technologies that recycle effluent water after treatment — 70% of HUL sites are now zero discharge sites. With over 35 brands spanning 20 distinct categories such as soaps, detergents, shampoos, skin care, toothpastes, deodorants, cosmetics, tea, coffee, packaged foods, ice cream, and water purifiers, they are a part of the everyday life of millions of consumers across India.