At JSW Energy, we believe that as a responsible corporate, we must create shared economic and social value for our stakeholders. As we prepare to step up our business for nextlevel growth, value creation for key stakeholders remains our priority.
We maintain strong, healthy and mutually beneficial relationships with all our stakeholders. In our endeavour to become a leading corporate citizen, we undertake significant steps to build rapport and partnership with the local communities, suppliers, customers, employees, regulators, financial and research institutions, civil society and other stakeholders identified in our business operations.
We have been able to create value for our key stakeholders and our efforts have led us to achieve a strong, healthy and mutually beneficial relationship with them.
Towards Inclusive Growth
JSW Energy contributes at least
2% of its average net profits for
designing, executing and monitoring
programmes for community welfare.
We implement our CSR initiatives either
directly through JSW Foundation or in
partnership, as per the suitability of
the initiative.
We adopt a collaborative approach to add value in the lives of the people residing in our Direct Influence Zone (DIZ) and Indirect Influence Zone (IIZ). Our CSR policy enables plants to define their own DIZs with the provisions of expanding them as per the operations.
All our programmes are formulated on the basis of need assessment. These need assessment studies comprise quantitative and qualitative indicators, which provide measurable impact. We engage with the Government and civil societies to successfully undertake various social initiatives to benefit the community. We also execute and monitor interventions independently in the community on the basis of concurrent evaluation, knowledge management and documentation. The areas of intervention include water, sanitation, environment, health, nutrition, education, skills, livelihood development, sports and art and culture and heritage. We monitor the initiatives at all our manufacturing sites on a regular basis to constantly improve our performance.
CSR Policy
JSW Energy is committed to nationbuilding.
It operates on the philosophy
of working closely with communities
living contiguous to the Company’s
operations and beyond. We have a
Board-level CSR Committee, which is responsible for approving and
reviewing all the interventions on
a periodic basis. Apart from the
Foundation, the Board of JSW Energy
has also constituted a Company-level
CSR Committee which comprises
Business- and Plant-level leadership,
to supervise the implementation
and assess the impact of all our
interventions.
During FY2019, we undertook various CSR interventions based on concurrent evaluation and knowledge management through process documentation.
Key Initiatives
In our pursuit to empower the
communities, we spent `25.17 Crore
for CSR during FY2019. Through various
social initiatives, we committed to:
An overview of our interventions under various categories are mentioned in the table below:
Sr. No. |
Category as per the Companies Act | JSWEL Consolidated (` Crore) |
---|---|---|
1 | Improving Living Conditions | 7.83 |
2 | Promoting Social Development | 6.68 |
3 | Addressing Social Inequalities | 0.78 |
4 | Addressing Environmental Issues | 0.95 |
5 | Preserving National Heritage | 1.05 |
6 | Promotion of Sports | 2.48 |
7 | Rural Development | 3.64 |
8 | Swachh Bharat Abhiyan | 0.54 |
9 | Administration and Overhead Expenses | 0.86 |
10 | Project Management Cost | 0.36 |
Total | 25.17 |
We have undertaken the following flagship programmes during FY2019:
Health, Nutrition and Sanitation
We are focusing on improving the
health, nutrition and sanitation
levels of the communities residing
near our plant locations. Some of
our key interventions pertaining to
health and nutrition development
include complementing Government
schemes such as Integrated Child
Development Scheme (ICDS) and
National Rural Health Mission (NRHM);
eradicating malnutrition; improving
the infrastructure of Primary Health
Centres (PHCs) as per Indian Public
Health Standards (IPHS) to ensure safe motherhood and childhood;
eradicating anemia; facilitating access
to Government’s schemes; tracking
pregnancy and child birth; screening
women for diseases such as cancer,
hypothyroidism, bone density, etc.;
spreading awareness about health,
hygiene and nutrition; establishing
Voluntary Counselling and Testing
Centre (VCTC); providing trauma
care service; facilitating preventive
measures to reduce the incidence of
disease; building cadre of para medical
workers; emergency preparedness for
vector-borne diseases; and improving
personal hygiene and sanitation.
Promoting Education and Skill
Development
We understand the need of quality
education for the future of the nation.
We have designed educational
programmes specifically for early
childhood, formal education,
vocational skill development and
special education needs. We undertake
these programmes independently
and also in partnership with the
local Government and civil societies.
Some of our key interventions in the
areas of promoting education and
skill development include creating an
attractive ambience to enhance the
quality of education, which leads to
zero dropouts and 100% attendance
throughout the year to complete
secondary and higher-secondary
education with distinction; improving
the infrastructure of local schools;
improving the training of teachers;
complementing the mid-day meal
programme; facilitating remedial
classes for children with slow learning;
facilitating institution-based learning for differently abled children; and
providing access to higher education
through JSW Skill School.
To facilitate better education opportunities to establish a better future for India, we undertook the following initiatives in FY2019:
Livelihood Development With an intention to improve livelihood opportunities for the marginalised sections of the society, especially women, we have initiated programmes to bring them into the socio-economic mainstream of the nation. We have collectivised women into Self-Help Groups (SHGs) to educate them in financial management and harness their entrepreneurial skills. Initiatives undertaken in FY2019 to promote livelihood includes establishment of resource centres in partnership with the Horticulture department to enhance agriculture and horticulture, promoting agribusiness and enhancement of crop productivity and crop diversification, livestock management, tourism development, facilitating linkages for destitute women and widows and promoting market-driven enterprises.
Agricultural Development
Agriculture is a crucial source of
livelihood for the people residing in
rural areas. It therefore needs focused
intervention. We have therefore
undertaken a number of activities for
improving farming practices for the
communities residing near our plant
locations. We undertook the following
initiatives at Ratnagiri:
We undertook the following initiatives in Barmer:
In Sholtu, we commenced the drip irrigation scheme at the Community Apple Orchard for 350 apple plants.
Women Empowerment
At JSW Energy, we strongly believe
that a community will prosper only
if its women are educated and
independent. We have therefore
planned and executed the following
programmes that are focused on
women empowerment:
Environmental Protection
We understand our responsibility
towards the environment and
undertake measures to contribute to its protection and enhancement.
Our major interventions for
nurturing nature includes solid
waste management, watershed
management, afforestation, rainwater
harvesting, harnessing science and
technology, fostering local innovation
and biogas plant. In addition, we
undertook the following two initiatives:
Preserving National Heritage
We focus on the preservation and
promotion of art, craft, culture,
heritage and monuments. The
thematic areas of our interventions
include promotion of traditional art and
culture and formation of local tourism
corporation development by engaging
women SHGs and youth clubs with
the help of the respective state
Government tourism departments.
Sports Development
We take keen interest in promoting
and strengthening sports in India.
The JSW Foundation provides support
in this area through infrastructural
development; nutritional support to
sports persons; training sessions for
players for district, state, national and
international level competitions; and
establishment of a sports academy.
Rural Development
We also support the rural communities
by providing required infrastructure
to them. Under our Provide Urban
Amenities in Rural Areas (PURA),
we constructed roads, toilets and
community centres in the villages.
Long-term Partnerships
Supplier satisfaction: Our suppliers
and vendors play a crucial role in our
business operations. We encourage
maintaining an ethical and transparent
working relationship with our suppliers.
We work with only those suppliers who
comply with the Company’s code of
conduct, pertaining to ethical, social
and environmental business practices.
While we depend on domestic and
international suppliers to meet our
raw material needs, priority is given
to local suppliers in our procurement
practice. We ensure that all our
suppliers and vendors are working as
per the Company’s code of conduct,
which ensures ethical ways of
working, meeting the environmental
and social compliances. We maintain
strong relationships with our suppliers
by ensuring timely payments and
enhanced capabilities.
Customer satisfaction: Our business model includes power generation, transmission and trading. We serve the state electricity distribution companies of Maharashtra, Karnataka, Himachal Pradesh, Haryana, Rajasthan, Uttar Pradesh, Andhra Pradesh, Telangana and Punjab. We always try to provide uninterrupted power supply to these DISCOMs. Even in a B2B business model, we strive to maintain a high level of customer satisfaction.
Trade and chamber associations:
JSW Energy is member of various
trade and association chambers. The
major ones we are associated with
are Confederation of Indian Industry
(CII), Federation of Indian Chambers
of Commerce & Industries (FICCI), the
Associated Chambers of Commerce
and Industry of India (ASSOCHAM) and
Association of Power Producers (APP).
We work closely with trade/industry
associations in evolving policies
that govern the functioning and
regulations of the power sector. The
Company participates in stakeholder
consultation with industry players and
support the Government in framing
policies in the following areas:
Our Company was not subjected to any penalty and no complaints were filed against us by any stakeholder pertaining to unfair trade practices, irresponsible advertising or anticompetitive behaviour.
As a corporate citizen, we leave no stone unturned when it comes to complying with the regulatory and legal requirements. We keep ourselves updated with the new laws and amendments to ensure 100% compliance at all times.
We conducted eight health camps at Ratnagiri with checkup facilities for 673 patients. Based on the diagnosis, angiography, angioplasty and bypass surgeries were facilitated for 91, 25 and three patients, respectively at the Loltlikar Hospital, Ratnagiri under the Mahatama Jotiba Phule Health Scheme.
We ensured animal food security and promoted livestock management and silvopasture development in 200 bighas of Government land, with technical support from Krishi Vikas Kendra.
Our CSR spend for FY2019 was beyond the statutory norms of spending 2% of our average net profits for designing, executing and monitoring programmes for community welfare.
During FY2019, ~54,000 beneficiaries were benefited through our various CSR interventions.
Irrigation schemes were developed for three gram panchayats benefitting 3,000 people and a drinking water scheme was implemented benefitting 800 people in Sholtu, Himachal Pradesh.
Projector/LED screen and e-software were provided to 27 schools in Sindhudurga district to promote school digitisation activity.
190 women from 14 SHGs were trained in applique, mukka work and pottery item making. They are now able to earn `40/hour of work.