Last Updated: February 7, 2023
At OutsourcingHubIndia.com, it is our conviction that the engagement with social issues must be deep, meaningful, and formed on the bedrock of long-term commitment; for that is the only way by which real change can happen on the ground. This is also reflective of the fact that such an approach serves both, enlightened business interest and social good. We run our social programs on a strong foundation of ethical principles, good governance, and sound management. This includes, among other things, holding ourselves up to public scrutiny through a framework of transparent, rigorous reporting.
We are committed to further capacity building, empowerment of communities, inclusive socio-economic growth, environment protection, promotion of green and energy-efficient technologies, development of backward regions, and upliftment of the marginalized and underprivileged sections of society.
The key purpose of this Policy is to:
In addition to the Areas to Emphasize specified above, the Company may select any area/ sector/ activity or head of activities, as may be specified in Schedule VII to the Companies Act, 2013 including any amendments or modifications as may be introduced from time to time.
Following rights and responsibilities vests with the Board of the Company in connection with the CSR Policy and framework:
The Company shall comply with Section 135 (2), 135 (4) (1), and 134 (3)(o) of the Act thereby ensuring that it makes full disclosure of its CSR Policy, Strategy, Projects /Programs, Activities, monitoring mechanism, Implementing Agencies, Expenditure details as well as the composition of the CSR Committee of the Board (If applicable).
The Company will, at the beginning of the Financial Year following the year being reported upon, make a full report of its CSR projects /programs in the format prescribed for ‘The Annual Report on CSR Activities ‘(Annexure B). This will be in consonance with Section 134 (3) (o) of the Companies Act.