Cochin Shipyard Limited(CSL), a Mini Ratna Cat.1 CPSE established in the year 1972, has today emerged as one of the top integrated shipbuilding, repair and training services players in the Country and the most respected commercial and defence ship and offshore structure building and repairing facility.
CSR as a potential tool for development has taken wings and has proved to be a significant game changer in the development sector of India. The incorporation of a CSR strategy is a critical component of a Company’s competitiveness and manifestation of its ethos and image.
The CSR interventions of CSL have become an effective vehicle which carries positive corporate image of the organization among its internal and external stakeholders. This has also boosted the image and goodwill of the company and is also a driving force for its employees who take pride and ownership of being part of a responsible corporate organization. The employees of CSL are keen on the CSR agenda which is reflected in their active involvement in the implementation of these projects and also in their own self-motivated efforts to render support to the less privileged fellow citizens.
Cochin Shipyard Limited is very much alive in Corporate Social Responsibility domain and CSR is a part of its DNA. Through several such projects in the field of health, education, sanitation, non conventional energy, etc. the organization is providing constant support to women, children and also privileged sections of the society. The CSR initiatives of CSL are gestures of giving back to people and nature as the Company is amidst people and utilizing environmental resources. They also give much needed message for social and environmental transformation and a positive way forward towards carrying a people friendly corporate citizen. Through CSR band wagon CSL manifests its solidarity with the developmental plans of Government of India such as Swachh Bharat Abhiyan, Skill India Mission etc.
Cochin Shipyard limited in consonance with its Corporate Vision looks forward to continue in the best tradition of being a responsible Corporate Citizen recognized for the quality of its products and services and respected for its ethical way of conducting business through the path of shared inclusive growth, there by distributing the fruits of its prosperity towards improved quality of life of the society and contributing to environment and nature for sustainable development.
CSL is committed towards holistic welfare of the society by undertaking CSR activities within the ambit of Schedule-VII of the Companies Act, 2013, as amended from time to time. The Company has its own CSR Policy and Annual Action Plan for its activities to be undertaken.The thrust areas for CSR activities will be:
(i) Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation and making available safe drinking water.
(ii) Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects.
(iii) Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.
(iv) Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.
(v) Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional art and handicrafts;
(vi) Measures for the benefit of armed forces veterans, war widows and their dependents, Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widow;
(vii) Training to promote rural sports, nationally recognized sports, paralympic sports and olympic sports
Recognised Relief & Welfare funds
(viii) Contribution to the prime minister’s national relief fund 8[or Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)] or any other fund set up by the central govt. for socio economic development and relief and welfare of the schedule caste, tribes, other backward classes, minorities and women;
Incubators and R&D Projects
(ix) (a) Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by the Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Government; and
(b) Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defense Research and Development Organization (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs)
Rural Development / Slum Area Development
(x) Rural development projects (xi) Slum area development. Explanation.- For the purposes of this item, the term `slum area’ shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force.
(xii) Disaster management, including relief, rehabilitation and reconstruction activities.
Organisation Structure- CSR is Board driven. The organization structure for selection, review and approval of Project proposals follows a 3-tier structure of committees, in addition to a dedicated CSR cell.
Details of committees are mentioned below:
The CSR committee of the board, the tier II mechanism recommends CSR projects from time to time for the approval of the Board. A new team of CSR committee was constituted after appointment of a new set of independent directors in November 2021. The following are the CSR&SD committee members of Board.
|Shri Nahar Singh Maheswari||Independent Director||Chairman of the Committee|
|Smt Amrapali Prasanth Salve||Independent Director||Member|
|Shri Bejoy Bhasker||Director(Technical)||Member|
|Shri Jose V J||Director(Finance)||Member|
The tier - III mechanism, viz the Executive committee consists of the following officers from different functions/departments of the Company:
|Shri Sambath Kumar P N||Asst General Manager/Head CSR||Chairman of Committee|
|Shri Saleen A||Asst General Manager (Safety)||Member|
|Smt Bindu Krishna||Asst General Manager (Legal)||Member|
|Shri Saifudeen A S||Asst General Manager (U&M)||Member|
|Shri Vinu K B||Senior Manager (Civil Engineering)||Member|
|Shri Johnson K George||Dy. Manager (Finance)||Member|
The committee goes through each project proposal and recommends the projects for consideration of the CSR committee of the Board. The committee also reviews the performance of the CSR projects undertaken by the Company.
The CSR cell of the Company consists of a professional CSR team. The following officers of the CSR cell function as the frontline CSR professionals within the Company to manage the CSR activities undertaken by the Company. The team consists of:
|ShriSambath Kumar P N||AGM/ Head CSR|
|ShriSasindradas P S||Manager (CSR)|
|ShriYoosaf A K||Manager (CSR)|
The Cell is responsible for maintaining records of all project proposals, execution of the projects, conducting periodic Executive Committee meetings and CSR reporting.
Details of Company Projects:
Cochin Shipyard Limited conferred the NIPM Best Corporate Citizen Award - 2019 on recognition of its CSR initiatives in Healthcare. The CSR Team of Cochin Shipyard Limited received the award from the District Collector Shri. S Suhas IAS.
Cochin Shipyard Limited conferred the "CSR excellence awards 2019" on recognition of its CSR initiatives in the following categories:
Rotary International is introduced this awards in order to recognize and applaud the Corporates in this part of the world who are indulging in CSR initiatives. The awards are presented by the Global Trustee of Rotary Foundation, Gary Huang (past President of Rotary International) in a function held on 3rd September 2019 at Le Meridien Convention Centre, Kochi
Cochin Shipyard won the KMA CSR Excellence Award 2019 in its CSR initiative-‘Health & Hygiene’ segment. The CSR Team of Cochin Shipyard Limited received the award from the Jury during the function held on 03 July 2019
Cochin Shipyard won the KMA CSR award in two segments of CSR; promoting Health & Hygiene and Education.Shri M D Varghese, Head CSR received the award from the Jury during the inaugural ceremony held on 6 July 2018.
Cochin Shipyard won the KMA Corporate Excellence Award for Best CSR Activities.The award was received by Shri M D Varghese, General Manager (A&IR) and in charge or CSR Cell.
Cochin Shipyard Limited bagged the BT-CSR Excellence Award for 'Rural Development'.Madhu S Nair, CMD, Cochin Shipyard Limited, was honoured with the CSR-Oriented Chairman/CMD/MD of the Year (PSU) Award.
1.BT-13: BT-CSR Excellence Award for Rural Development
2.BT-34: BT-CSR Excellence Award for Best Performing PSE CSR Head
The first category award (Rural Development) is based on the CSL CSR project, -Supply of Safe Drinking Water for the Ambadimala Settlement Colony of Chottanikkara Grama Panchayat” and the second category award is to Sri. M.D.Varghese, General Manager (IR) for his outstanding contribution as CSR Head. The Chairman of the Award Committee, Shri Bhaskar Chatterjee IAS (Rtd), who is considered to be the father of focused CSR Movement in the Country, congratulated the top management and the CSR team for the company’s extraordinary CSR initiatives and winning both the awards. The awards were given away by the Hon Union Minister for Heavy Industries, Shri Anant Geete in a grand gala award ceremony in New Delhi on July 14, 2016.
The District won many accolades from the Niti Ayog for itr performance which included innovatively using CSR contribution in the development initiatives of the aspirational district.
Cochin shipyard was commended by the Revenue Customs (Preventive) Commissionerate , Kochi for its association with the the customs department to fight spread of covid corona during pandemic.