CSR Policy

Composition of CSR Committee


Western Drugs Limited’s vision is “To enhance the quality of life and economic well-being of the communities around our operations”. Company’s business model clearly states that “Our license to operate comes not only from the government but also from the communities surrounding our operations and particularly people of Rajasthan. We are successful because we contribute to society and build collaborative relationships. Our growth has true meaning when it creates betterment opportunities for the people around us.”

 

Company Philosophy

Western Drugs Limited is committed to the principles of harmonious and sustainable development; protecting human life, health and environment, ensuring social well-being and adding value to the communities. We respect human dignity and believe in inclusive and equitable growth and improvement in quality of life and that lies at the core of our business philosophy and business operations.

CSR Focus Areas


WDL’s CSR will focus on Education; Sustainable Livelihoods; Women’s Empowerment; Health, Water & Sanitation; Sports & Culture; Environment; and Community Development including Community Assets Creation. The initiatives are targeted to improve the quality of life of communities and such as are best suited for company-community collaboration for long term outcomes and impacts. WDL will proactively seek to encourage and involve its own employees in community initiatives.

Implementation and Management of CSR

Audit

  • All CSR activities and expenses made thereon will be subject to an audit by auditor appointed
  • CSR programs governance and quality will be monitored and reviewed as per set protocols.
  • The surplus arising out of CSR projects or programs or activities shall not form part of business profits.
  • The CSR activities are as specified in Schedule VII of the Companies Act.

Review of Policy

This CSR policy document will be reviewed from time to time and any changes, if necessary, will be approved by the CSR Committee.