STATEMENT OF MR. GAUTAM THAPAR, Chairman, Avantha Group.
"As we look at a world larger than our present sphere, we see our role stretching beyond mere business considerations into demonstrating serious corporate social commitment."
"BILT is an organisation with a broad social vision. Being a good corporate citizen encompasses two elements: Transparency and Balancing the needs of stakeholders. Today, society expects corporate to go beyond the statutory compliances and putting something back into society. I believe that as a company, we have social obligations and these obligations are shared by each person in the company. There is a growing realisation that long-term business success can only be achieved by companies that recognise CSR as part of the process of wealth creation and as providing a competitive advantage. CSR is a two-way relationship, in which there are benefits to the society as well as to the companies involved".
CORPORATE SOCIAL RESPONSIBILITY
BILT is committed to developing its business towards ecological, social and economic sustainability. All of these are recognized as shared responsibilities within the Group, enabling the continuous improvement of its operations. . The company has initiated a multi-pronged approach to CSR within the organization. Through this, all activities and initiatives are planned specific to the needs of the target stakeholders. The ultimate objective is to see that each business decision takes into account its social impact and accordingly plans an intervention to mitigate the impacts arising out of that decision. It is equally important to ascertain that every activity done under CSR makes a socially responsible business sense. Also inherent to this model is active partnership with NGO’s in helping us fulfill our social responsibility. BILT also has a policy on CSR, which enumerates its commitments to its key stakeholders
As of now the CSR programs of Bilt are carried out at the following levels
· Communities: Integrated Rural & Urban Community Development programmes with communities living in the periphery of our Mills.
· Employee Volunteer Programme: employees are encouraged to volunteer time to work on social issues.
· Workplace: HIV/AIDS prevention with employees, truckers and transporters.
Awards and Recognition for CSR Initiatives