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Uploaded Date: 01 July 2020

CSR of Reliance


CSR of Reliance

During the year 2019-2020, the Company spent Rs. 909 crore (around 2.08% of the average net profits of last three financial years) on CSR activities. As per the CSR policy of the Company, Rural Transformation, Health, Education, Environment, Arts, Heritage & Culture and Disaster Response, are the focus areas for CSR engagement. CSR initiatives of the Company under the leadership of Smt. Nita M. Ambani, Founder and Chairperson, Reliance Foundation, have touched the lives of around 3.6 crore people across India covering more than 37,000 villages and several urban locations across India.

The Reliance group supported major national campaigns like Swachhata hi Seva and Jal Shakti Abhiyan. It responded fast to national emergencies and disasters including floods and more recently, COVID-19 pandemic which has earned accolades from one and all. CSR initiatives of the Company have won several awards including Mahatma Award 2019 for Excellence in Corporate Social Responsibility. The Company was conferred with the Golden Peacock Award

csr expenditure of reliance

The key philosophy of all CSR initiatives of RIL is guided by three core commitments of SIS:

a) S - SCALE

b) I - IMPACT

c) S - SUSTAINABILITY

reliance csr philosophy

Reliance has identified 6 focus areas for their CSR policy: 

1. Rural Transformation

To work towards bridging the developmental gap between rural 'Bharat' and urban India by improving livelihood, addressing poverty, hunger and malnutrition. Key initiatives include:

  • Supporting Farm and non-farm livelihoods
  • Improving water conservation and rain-water harvesting
  • Developing community based initiatives like VFAs and producer companies towards building capacity of the community and ensuring sustainability.
  • Using technology towards delivering need based information for improving quality of life.
  • Improving food security and enhancing nutrition
  • Developing Community infrastructure

2. Healthcare

To address issues around affordability and accessibility of quality healthcare and bring about improvement in awareness and health seeking behavior in various parts of India, enabling a better living, through initiatives such as:

  • Primary, secondary and tertiary care facilities
  • Conducting need based health camps and providing consultation, medicines etc.
  • Working on maternal and child health
  • Behavioral change for improved mother and child health
  • Improving healthcare delivery through innovative outreach programmes
  • Working for the visually impaired
  • Working in the areas of Communicable and non-communicable diseases
  • Using technology for training, competency evaluation and clinical decision support for medical professionals with a view to improve quality of healthcare

3. Education

To work on several educational initiatives to provide quality education, training, skill enhancement for improving the quality of living and livelihood. Initiatives are aimed at:

  • Promoting primary and secondary education
  • Enabling higher education through merit cum means scholarships, including for differently abled across the country.
  • Using sports as a tool for development of students in both urban and rural settings
  • Promoting higher education including setting up and supporting universities
  • Skill development and vocational training

reliance csr activities

4. Environment

To enable enhanced livelihood and quality of life, promote environment sustainability through various initiatives for:

  • Ecological sustainability
  • Promoting biodiversity
  • Conservation of natural resources
  • Maintaining quality of soil, air and water
  • Promoting renewable energy
  • Developing gardens and river fronts

5. Protection of national heritage, art and culture

To work towards preserving the rich heritage, arts and culture of India for its future generation and make conscious efforts to ensure its continuity and enhance avenues for livelihoods of traditional artisans and craftsmen. Key initiatives include:

  • Working towards protecting and promoting India's art, culture and heritage through various promotional and developmental projects and programmes.
  • Support and promotion of artists and craftsman
  • Promotion and preservation of traditional art and handicraft
  • Documenting India's rich heritage for the benefit of future generations

6. Disaster Response

RIL has a track record of organizing timely relief and rehabilitation of communities affected by natural calamities. To strengthen efforts in the area of Disaster Response towards establishing RIL as one of the leading organizations with the capacity to respond in a timely and impactful manner in the affected areas. Key initiatives include:

  • Building capacities of local communities to respond to disasters
  • Developing expertise and resources to respond to disaster

Reliance CSR expenditure:

  • The Board of RIL to ensure that minimum of 2% of average net profit of the last 3 years is spent on CSR initiatives undertaken by RIL
  • All expenditure towards the programs to be diligently documented
  • In case at least 2% of average net profit of the last 3 years is not spent in a financial year, reasons for the same to be specified in the CSR report
  • Any surplus generated out of the CSR activities not to be added to the normal business profits of RIL.

Reliance csr expenditure in detail

 

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