WHAT IS CSR ? HOW VESTADEAL ASSIST FOR CSR ASSISTANCE

CSR ASSISTANCE (Corporate Social Responsibility)

WHAT IS CSR ?

Corporate Social Responsibility is a concept whereby companies integrate social and environmental concerns in their business operations. CSR is generally understood as being the way through which a company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders and stakeholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy. Even though the latter can also make a valuable contribution to poverty reduction, will directly enhance the reputation of a company and strengthen its brand, the concept of CSR clearly goes beyond that. Key CSR issues: environmental management, eco-efficiency, responsible sourcing, stakeholder engagement, labour standards and working conditions, employee and community relations, social equity, gender balance, human rights, good governance, and anti-corruption measures. A properly implemented CSR concept can bring along a variety of competitive advantages, such as enhanced access to capital and markets, increased sales and profits, operational cost savings, improved productivity and quality, efficient human resource base, improved brand image and reputation, enhanced customer loyalty, better decision making and risk management processes.

ANCUS INDIA’S CSR ASSISTANCE PLAN

E WASTE IN INDIA is increasing at very drastic speed all thanks to abandoned, obsolete or broken electrical or electronic devices. Thanks to India’s fast increasing load of e-waste originating from household consumption, enterprises and imports. All these put together,India’s E-waste is expected to grow to 20 million MT by 2020 from 3.2 million MT in 2015 consisting of monetary value of recoveries from e-waste to the tune of USD 4 billion (INR 25,000 crore) and expected to touch to 20 million MT by 2020. This issue of E-waste has triggered a requirement for a sound e-waste management within the country. quite the generation of e-waste, the foremost significant issue is its collection, handling and processing. Mostly resorted to standard modes of collection by Kabadies or scrap collectors or rag pickers; because the formal sector isn’t equipped enough to handle such a big problem endangering ecology.

Believing the necessity to possess a robust bridge for communities at large, which are the key source of e-waste generation and therefore the Kabadi Who are the collectors of e-waste from communities, Ancus India Reprocessing Pvt Ltd, A e-waste Management Company – has come up with a singular programme which will help communities dispose e-waste in an organized manner. The bridge will further provide answers to uplift the lives of informal actors, unfortunately the foremost neglected sector.

Portraying the message of ‘Swachh Bharat’, the programme is an appeal to people to deposit their e-waste items into these bins installed at those places where otherwise also most of the relations visit either daily or on regular intervals. Thus, people visiting Mandir, Masjid, Churches, Gurudwaras & other holy places or students getting to Schools, Colleges & other educational places can carry small items of e-waste with them and deposit within the bins installed at such places. E-waste so deposited in these bins are going to be collected by Ancus India’s Collection centre and finally send to its Plant for safe and sound management. The worth recovered from recycling of all such e-waste material are going to be utilized for training of informal sector to integrate them with the formal sector, in order that they will still earn and live healthier life before they get uprooted due to the environmental impacts. Ancus India request to the entire corporate sector to sponsor these Collection bins as part of the Corporate Social Responsibility (CSR).Creating a massive ‘ready-to-participate’ platform. scientific disposal. A community upliftment programme for informal sector: As a next step of this ambitious programme Kabadies, which is large in number that exists in every small or big town of the country, are in the profession of e-waste and other waste collection. As per one study, the life expectancy of an average Kabadi is around 55 years. Always immune to dreadful diseases like cancer or tuberculosis (TB), Kabadies and their families spend at least 40 to 50 per cent of their monthly earnings on managing health issues. Further, most of them fall below the poverty line, reside in pitiful conditions in slums where basic minimum hygiene is challenged, women are not empowered and their children are deprived of education impacting their personal, social and economic lives severely.

HIGHLIGHTS HOW CSR ASSISTANCE IS IMPLEMENTED

PLANTING TREES:- PLANTING TREES IN NAME OF PRODUCER FOR EVERY 100 KG E WASTE RECYCLED THROUGH ANCUS INDIA IN DIFFERENT LOCATIONS. WE PLANT A TREE FOR EVERY 100 KG WASTE WE RECEIVED AND WE ALSO WRITE COMPANY’S NAME FROM WHERE WE HAVE RECEIVED THAT WASTE SO THAT IT SHOULD SHOW THAT COMPANY IS A RESPONSIBLE COMPANY AND DO NOT ONLY BELIEVES IN BUSINESS BUT ALSO IN ENVIRONMENT. EVERY YEAR IN LAST MONTH WE START PLANTING TREES.
INSTALLING BINS :- WE INSTALL BINS AT DIFFERENT LOCATION SPONSORED BY PRODUCERS AND WE COLLECT IT ON WEEKLY BASIS WE GIVE ATTRIBUTE TO PRODUCERS FOR THE SAME.
UPLIFTING INFORMAL:- WE ALSO SUPPORT INFORMAL SECTOR BY GIVING THEM PROPER TRAINING AND KNOWLEDGE REQUIRED TO HANDLE E WASTE WE ARE NOT COMPETING WITH THEM INSTEAD WE ARE DOING PARTNERSHIP WITH THEM MAKING THEM OUR COLLECTION AND HANDLING PARTNER AND PAYING THEM WELL FOR THERE WORK. THEY ARE NOW BECOMING DISEASE FREE, THERE CHILDREN’S ARE GOING TO SCHOOL/COLLEGE THEY ARE PAYING TAXES AND HENCE CONTRIBUTING IN GROWTH OF COUNTRY.