Page 60 - FBL AR 2019-20

Fermenta Biotech Limited
Annual Report 2019-20

Corporate social

responsibility

Overview Three, we have extended beyond
At Fermenta, we play the role of a mere cheque-book writing to a deeper
responsible corporate citizen. We paid engagement with the objective to make a
forward to society from the time we went lasting difference.
into business and well before CSR became Four, we partner specialised agencies who
mandatory for organisations. possess deeper on-ground experience and
Fermenta recognises the importance understanding.
of engaging with all stakeholders, and Five, we believe in making initial
the necessity for a special focus on the investments where a moderate
marginalised. Our CSR policy articulates engagement from our side can translate
that the Company seeks to be a good into disproportionately larger societal
corporate citizen in everything that it does. impact.
Fermenta’s CSR policy describes its vision, Six, we focus on responsible engagement
which states that we incorporate our where we empower beneficiaries to
corporate social responsibility initiatives assume control of their lives.
as a strategic tool. We seek to empower
communities that surround us and Commitments, FY 2019-20
attempt to drive change in our focus areas During the financial year under review,
of healthcare, children and the specially- the Company invested H1.86 crores in
abled. We seek to integrate inclusive CSR initiatives. The Company focused on
development into our strategy with the initiatives in the areas of promoting health,
objective to emerge stronger together. e-learning, rural development, animal
Our role is defined by a number of protection and social welfare.
priorities. The Company undertook initiatives for
One, we believe in sharing our success empowering local communities in and
with communities. around its manufacturing facilities. Around
6,800 reflective vests were distributed to
Two, our corporate social responsibility 272 Kardhar heads that had come from
projects are aligned with national and distant towns and 200 safety vests to the
regional priorities.
Kullu traffic police.

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