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Sava’s Corporate Social Responsibility Policy (CSR)
[/et_pb_text][et_pb_text _builder_version=”4.2.2″ custom_margin=”-20px||||false|false”]Sava believes that business enterprises are the pillars to reform the economic condition of the country. To create a positive impact on the society at large, Sava developed a CSR policy in alignment with its objectives, core defining principles and values to set forth its responsibility as a social and environmentally responsible corporate company of India.[/et_pb_text][et_pb_text _builder_version=”4.2.2″ custom_margin=”-20px||||false|false”]This policy shall apply to all CSR programs and activities undertaken by Sava at various locations for the upliftment of the society.[/et_pb_text][/et_pb_column][/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3″ _builder_version=”4.2.2″ custom_margin=”||-30px||false|false”][et_pb_column type=”1_3″ _builder_version=”4.2.2″][/et_pb_column][et_pb_column type=”1_3″ _builder_version=”4.2.2″][et_pb_text _builder_version=”4.2.2″ hover_enabled=”0″]
CSR Focus Areas:
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Sava’s core focus areas are:
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- Education for not so privileged children.
- Women Empowerment in India
- Moving up the ladder chain from Minimum Wages to Living Wages
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CSR Objectives
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Sava is committed to improving the quality of life to its the community and undertakes various activities in pursuance of the ordinary course of business of a Company. The focus areas are:
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- Education
Sava provides financial and other activities support to “Aagosh – A Trust” to support Education for underprivileged students. Set up with partnerships with NGO’s, Sava is not only committed to giving access to Education for not so privileged children but also to expand their scope of learning. With periodical support, Sava helps these children with textbooks, uniforms and annual functions – making a difference to 180 + Primary class students and 130+ Secondary class students. - Women Empowerment
It always all begins at home. So at Sava we ensure that all women get the freedom to gain new skills and gain autonomy. Sava believes that this area of CSR alone results in driving innovation and boosting the company’s profits. Homeworkers for special handcrafted products play a vital role in helping Sava and our society to create a WIN-WIN situation for women. With such products, Sava is able to financially empower and provide livelihood opportunities to women even in the rural areas of the country. - Living Pages
Sava with its key customer’s tries and create a sustainable relationship for the workers and its customers. Sava believes in Taking good care of its workers as they are at the heart of the company. Part of realising this is by paying a fair remuneration: a living wage. Sava wants its workers to reach a good and healthy living standard and this becomes possible by our customers understanding the need to pay a true price for our products and services and working with Sava as a Collaborative goal.
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CSR Governance
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A structured governance procedure is followed in Sava to monitor the activities of CSR. In compliance with the CSR Rules, a CSR Committee comprised of the company senior, middle and worker level, monitors the CSR policy & activities of the company from time to time. The CSR committee members monitor the activities and report its findings to the Board of directors.
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CSR Expenditure
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The CSR expenditure will include all expenditure, direct or indirect, incurred by the company on CSR activities undertaken in accordance with this CSR Policy. Accordingly, any income arising from the CSR Activities will be netted off from the CSR expenditure and such net amount will be reported as CSR expenditure.
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Amendments
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The Board of Directors of the company shall amend the policy from time to time, as per the recommendation by the CSR Committee.
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