Health Safety & Environment
POLICY ON CORPORATE SOCIAL RESPONSIBILITY (CSR)

This policy establishes the following governing principles:

The Company will provide resources exclusively for the purposes of social development, in order to contribute towards creating a stable and prosperous society whose goals and objectives coincide with the priorities and interests of the Company's business.

The Company will conduct its Social Responsibility programs in a manner that is sensitive and responsive to the circumstances and expectations of various communities that form a part of society. Where required, the starting points will be social, economic and demographic surveys in the areas / regions where the Company operates.

The Company will work closely with Central, State and Local authorities / instrumentalities and opinion-leaders in pursuing its Social Responsibility Policy.

The Company will make social investments, including through reputed public and professionally organised charitable organizations. The criteria for selection of such organisations will be a demonstrated high level of financial reporting and other disclosure standards, apart from effective programme delivery.

The resources provided to such organisations for partnering programs will not be used to earn profits, or for political purposes. Organisations partnering with the Company will be required to adhere to these principles by giving a written consent in the form of a Memorandum of Understanding / Agreement. The activity of such partnering organisations will be supervised by a senior functionary of the Company, with sufficient expertise to ensure collective and objective decision-making and review processes.