Csr (hul) Csr Hul

Social Relevance Project on “A STUDY ON CSR ACTIVITIES OF HUL LTD

Submitted in Partial Fulfilment for the Award of the Degree of MASTER’S IN MANAGEMENT STUDIES (Under university of Mumbai)

Submitted by

AAKASH JAIN (17) MMS-FINANCE Batch 2016-18

UNDER THE GUIDANCE OF

Dr. MEDHA BAKHSHI

THAKUR INSTITUTE OF MANAGEMENT STUDIES & RESEARCH FULL TIME – BATCH 2016-2018

1|Page

CERTIFICATE

This is to certify that project titled “A STUDY ON CSR ACTIVITIES OF HUL LTD” is successfully completed by Mr. AAKASH JAIN during the IV semester, in partial fulfilment of the master's degree in management studies recognized by the University of Mumbai for academic year 2016-18 through. This project work is original and not submitted earlier for the award of any degree diploma or associate ship of any other university/Institution.

Name: Date:

2|Page

(Signature of the Guide)

DECLARATION

I hereby declare that this project report submitted by me on “A STUDY ON CSR ACTIVITIES OF HUL LTD” is a bonafide work undertaken by me and it is not submitted to any other university or institution for the award of any degree diploma/certificate or published any time before.

Signature:

Signature:

Name of the student:

Project Guide:

Date:

Date:

Director Signature: Date:

3|Page

ACKNOWLEDGEMENT I take this opportunity to present my vote of thanks to all those guideposts who really acted as lightening pillars to enlighten our way throughout this project that has led to successful and satisfactory completion of this study. I am grateful to my faculty mentor Dr. Medha Bakhshi for providing me this opportunity to undertake this project & providing me with their support, valuable time & advice, whole hearted guidance & co-operation. Lastly, I am thankful to all those friends, who have been there for me whenever I needed them for the guidance of my project. I hope that I can build upon the experience and knowledge that I have gained and make a valuable contribution towards the industry in coming future.

4|Page

Executive Summary Corporate Social Responsibility (CSR) is a concept that suggests that it is the responsibility of the corporations operating within society to contribute towards economic, social and environmental development that creates positive impact on society at large. Although there is no fixed definition, however the concept revolves around that fact the corporations need to focus beyond earning just profits. The term became popular in the 1960s and now is formidable part of business operations. As per as Corporate Social Responsibility is concerned, the Companies Act, 2013 is a landmark legislation that made India the first country to mandate and quantify CSR expenditure. The inclusion of CSR is an attempt by the government to engage the businesses with the national development agenda. The CSR activities in India should not be undertaken in the normal course of business and must be with respect to any of the activities mentioned in Schedule VII of the act. The following project contains detailed information about the company i.e. Hindustan Unilever. Starting from the performance of the FMCG industry. Also, reason for selecting HUL as research topic based on its performance. Some of the motivational and leadership practices followed by the company makes it unique from others and they utilize to its optimum level. Talking about the Leadership development at HUL is about building leaders through a combination of disciplined routines and processes: a collective expertise, honed through practice, in recognizing and developing talent. HUL is often referred to as a ‘CEO Factory’ having contributed over 450 CEOs within the corporate world.

5|Page

INDEX CHAPTE R NO

PARTICULARS

Page No.

1

INTRODUCTION

7

2

COMPANY PROFILE

13

3

LITERATURE REVIEW

16

4

EXECUTION OF CSR ACTIVITIES BY HUL LTD

17

5

CSR ACTIVITIES

19

6

CSR FINANCIAL DETAILS OF HUL

26

7

CONCLUSION

27

REFERENCES

28

6|Page

1. INTRODUCTION 1.1 Industry details & economic performance in the country 





Fast-moving consumer goods (FMCG) sector is the 4th largest sector in the Indian economy with Household and Personal Care accounting for 50% of FMCG sales in India. Growing awareness, easier access and changing lifestyles have been the key growth drivers for the sector. The urban segment (accounts for a revenue share of around 40 per cent) is the largest contributor to the overall revenue generated by the FMCG sector in India and recorded a market size of around US$ 29.4 billion in 2016-17. However, in the last few years, the FMCG market has grown at a faster pace in rural India compared with urban India. Semi-urban and rural segments are growing at a rapid pace and FMCG products account for 50 per cent of total rural spending.

Growth of FMCG Industry in India

 

Favourable demographics and rise in income level to boost FMCG market. FMCG market in India is expected to grow at a CAGR of 20.6 % and is expected to reach US$ 103.7 billion by 2020 from US$ 49 billion in 2016.

7|Page

1.2 About CSR CSR Defined Most definitions describe CSR as a concept whereby companies integrate social and environmental concerns in their business operations and in their interaction with their stakeholders on a voluntary basis. (CEC: Green Paper for Promoting a European Framework for Corporate Social Responsibility) The World Business Council for Sustainable Development (WBCSD) defines CSR as "The continuing commitment by business to behave ethically and contribute to economic development while improving the quality of life of the work force and their families as well as of the local community and society at large”. Corporate social initiatives are major activities undertaken by a corporation to support social causes and to fulfil commitments to corporate social responsibility. The conclusion would be that there is no unanimity on the definition of what constitutes Corporate Social Responsibility (CSR). However, what could be taken into account CSR is generally used to describe business’s efforts to achieve sustainable outcomes by committing to good business practices and standards.

Changing Trends in CSR from “Charity to Responsibility” An insight into the history of CSR reveals that till 1990s it was solely dominated by the idea of philanthropy. Considering CSR as an act of philanthropy, businesses often restricted themselves to onetime financial grant and did not commit their resources for such projects. Moreover, businesses never kept the stakeholder in mind while planning for such initiatives, thereby reducing the efficacy and efficiency of CSR initiatives. However, over the last few years, the concept of CSR has been changing.

8|Page

CSR Origin and Development in India The concept of CSR has been imbibed in Indian society from the very beginning. Gandhi’s philosophy of trusteeship is similar to CSR of the modern world; companies like TATA and BIRLA have been imbibing the case for social good in their operations for decades long before CSR become popular cause. The avid interest in community welfare among the Tata Group dates to the 1860s when the company was founded by Jamshedji Tata. This explains why nearly two-thirds of the equity of Tata Sons, the Tata Group's promoter company, is held by philanthropic trusts, which have created a host of national institutions in science and technology, medical research, social studies and the performing arts. Dr.Kurien’s Amul-led Operation flood had pioneered inclusive growth through work with dairy farmers at grass-root level, changing lives, enhancing income, empowering women and at the same time reaping benefits to the business. At Indian Oil, corporate social responsibility (CSR) has been the cornerstone of success right from inception in the year 1964. The Corporation’s objectives in this key performance area are enshrined in its Mission statement: "to help enrich the quality of life of the community and preserve ecological balance and heritage through a strong environment conscience." Before Corporate Social Responsibility found a place in corporate lexicon, it was already textured into the Birla Group's value systems. As early as the 1940s, the founder G.D Birla espoused the trusteeship concept of management. Simply stated, this entails that the wealth that one generates, and holds is to be held as in a trust for our multiple stakeholders. Regarding CSR, this means investing part of our profits beyond business, for the larger good of society. Over the years CSR has gained importance in India as companies are realizing the importance of investing in CSR for achieving benefits of creating shareholder value, increased revenue base, strategic branding, operational efficiency, better access to capital, human and intellectual capital and lower business risks has emerged as an effective tool that synergizes the efforts of Corporate and the social sector towards sustainable growth and development of societal objectives at large.

9|Page

1.3 About the organization Hindustan Unilever Limited (HUL) is an Indian consumer goods company based in Mumbai, Maharashtra. It is a subsidiary of Unilever, a British-Dutch company. HUL's products include foods, beverages, cleaning agents, personal care products and water purifiers. HUL was established in 1933 as Lever Brothers and, in 1956, became known as Hindustan Lever Limited, as a result of a merger among Lever Brothers, Hindustan Vanaspati Mfg. Co. Ltd. and United Traders Ltd. It employs over 16,000 workers, while it also indirectly helping to facilitate the employment of over 65,000 people. The company was renamed in June 2007 as "Hindustan Unilever Limited”

Brands and Products HUL is the market leader in Indian consumer products with presence in over 20 consumer categories such as soaps, tea, detergents and shampoos amongst others with over 700 million Indian consumers using its products. Sixteen of HUL's brands featured in the ACNielsen Brand Equity list of 100 Most Trusted Brands Annual Survey (2014), carried out by Brand Equity, a supplement of The Economic Times Food:     

Annapurna salt and spices Bru coffee Brooke Bond (3 Roses, Taj Mahal, Taaza, Red Label) tea Kissan squashes, ketchups, juices and jams Lipton tea

Homecare Brands:     

Active Wheel detergent Cif Cream Cleaner Comfort fabric softeners Domex disinfectant/toilet cleaner Rin detergents and bleach

Personal Care Brands:     

Aviance Beauty Solutions Axe deodorant and after shaving lotion and soap LEVER Ayush Therapy ayurvedic health care and personal care products Breeze beauty soap Brylcreem hair cream and hair gel

10 | P a g e

HUL Products

CSR Foundation Description Hindustan Unilever Foundation: In 2008 HUL commissioned Sustainability to carry out a strategic stakeholder engagement. Based on the findings, a rigorous and detailed exercise was carried out with the HUL Board to create the Hindustan Unilever Foundation (HUF) as its vehicle for social investment in India. Accordingly, HUL has been set up as a Section 25 not for Profit Company in India. It operates as a subsidiary to HUL. Water for Public Good with specific focus on livelihoods was identified as the key thrust for the Foundation. The Foundation has partnered with five leading global organisations Oxfam, Population Services International (PSI), Save the Children, UNICEF, and the World Food Programme. The Foundation mission is to improve quality of life through the provision of hygiene, sanitation, access to clean drinking water, basic nutrition and enhancing self-esteem. Past Projects undertaken by foundation: Hand washing, Improving Health & Hygiene, Sanitation for All Water works, Improving access to safe drinking water.

11 | P a g e

1.4 Research Objectives   

Study of Company Profile of HINDUSTAN UNILEVER Ltd. Study of General Management practices of HINDUSTAN UNILEVER Ltd. Suggesting suitable measures for enhancing the impact of CSR activities carried out by HUL

1.5 Method of data/information collection Research Approach: Secondary data Contact Method: N.A

12 | P a g e

2. COMPANY PROFILE 2.1 Name of the organization: HINDUSTAN UNILEVER LTD 2.2 Registration details: Registration no: 101248W/W-100022 Registered Office: Unilever House, B. D. Sawant Marg, Chakala, Andheri (East), Mumbai – 400 099.

2.3 Form of ownership: Public limited company

SHAREHOLDING PATTERN (%)

13 | P a g e

Promoters

67.20

FIs & Local Mfs

5.66

FPIs

13.26

Public and others

13.88

2.4 Mission, Vision, Goals 

Mission: To add Vitality to life. We meet every day needs for nutrition, hygiene and personal care with brands that help people feel good and get more out of life.



Vision: We work to create a better future every day.



Goals: To help more than billion people take action to improve their health and wellbeing. & not only to respect human rights but to actively advance them across all areas of the business.

2.5 Activities Completed in the Past In 2007, Hindustan Unilever was rated as the most respected company in India for the past 25 years by Business world, one of India's leading business magazines. The rating was based on a compilation of the magazine's annual survey of India's most reputed companies over the past 25 years. In 2010, The Company was felicitated for receiving the highest number of patents in the year 2009 at Annual Intellectual Property Awards 2010. In 2011, HUL was named the most innovative company in India by Forbes and ranked 6th in the top 10 list of most innovative companies in the world. In 2012, Hindustan Unilever emerged as the No. 1 employer of choice for B-School students who will graduate in 2012. In addition, HUL also retained the 'Dream Employer' status for the 3rd year running. In 2014, HUL was ranked 47th in The Brand Trust Report published by Trust Research Advisory. 36 HUL brands also featured in the list including Lux, Dove, Lipton, Vim, Kissan, Bru, Rexona, Close Up, Clinic Plus, Pond's, Knorr and Pepsodent among others. In 2015, As per Nielsen Campus Track-business school survey, Hindustan Unilever emerged among the top employers of choice for B-school students graduating that year. It has often been called a 'Dream Employer' for application by B-School students in India.

14 | P a g e

2.6 Ongoing activities The Corporation plans to focus its CSR initiatives and adopt a structured approach to the following core areas of intervention. 

Education: This would include initiatives in the field of primary and secondary education, formal and Non-formal literacy programmes, scholarships, digital literacy initiatives, teachers training &skills up gradation, vocational training and other holistic education initiatives for rural &urban youth.



Healthcare: This would include initiatives to support affordable healthcare, including awareness &preventive programmes for various communicable & non-communicable diseases, public &community health initiatives for the underprivileged sections of society, addressing malnutrition amongst women & children, provision of clean & safe drinking water to communities etc.



Sanitation: This would include partnerships with organizations having domain expertise in the field of providing comprehensive sanitation programmes in schools, urban slums and rural areas, involving behavioural change & awareness towards hygiene and sanitation habit

15 | P a g e

3. LITERATURE REVIEW Teach for India: ‘One day all children will attain an excellent education’- a vision that defines Teach for India, a Teach to Lead project that encourages young college graduates and professionals to take up two years of full-time teaching sessions in under resourced schools. To provide quality education to all, teach for India currently works in 5 main cities of IndiaMumbai, Delhi, Pune, Hyderabad and Chennai and is well equipped with some 700 Fellows who are working towards eradicating the high inequality present in Indian education system. National Wildlife Federation: NGO is working to preserve the rich biodiversity existing on our earth today NWF is one of the largest non-profit organizations in the world working for the said cause. Though its primary base locates at the USA, it has collaborations with several other likewise teams and local organizations working on wildlife issues on grass root level. The organization was founded by Jay Darling in 1936 and currently has 4 million active members participating in it in various programs and initiatives. Hopkins, 2004: The author focuses in his discussions on corporate social responsibility on the largest companies, the transnational corporations (TNCs). Because of their often-immense size, decisions about the location of investments, production and technology by TNCs not only influence the distribution of factor endowments, notably of capital, skilled labour and knowledge, between the countries in which they run their activities, but also assume crucial importance for their political and social consequences. Jayati Sarkar, 2015: The paper argues that notwithstanding the potential economic costs that may accompany mandated CSR, the provisions of the new Act are designed thoughtfully to balance the objectives of the corporation and its shareholders on the one hand and that of the society and its stakeholders on the other. Kang, 2008: Found evidence of spill over of reputational penalties between firms. Among the studies on specific elements of CSR, the environmental dimension seems to be the most frequently examined two factors that may explain the growing interest in specific dimensions of CSR. Olar, 2012: This paper examines the question of measurability of the impact of Corporate Social Responsibility on Business Performance. It starts with describing newer trends of measuring business performance, showing that one can observe a shift from the classical short-term analysis with particular focus on indicators like shareholder value, revenue and market share toward taking also into account soft indicators, such as employee and customer satisfaction that contribute to the long-term success of a company.

16 | P a g e

4. EXECUTION OF CSR ACTIVITIES BY HUL LTD 4.1 CSR Committee The Committee is responsible for the implementation of the CSR Policy of the Company. The details of the Committee members are as follows: Name Mr. O. P. Bhatt Mr. Aditya Narayan Dr. SanjivMisra Ms. KalpanaMorparia Mr. Sanjiv Mehta Mr. P. B. Balaji

Designation Chairman Independent Director Independent Director Independent Director Chief Executive Officer & Managing Director Executive Director, Finance & IT and Chief Financial Officer

4.2 Roles of CSR committee of HUL Ltd The role of Corporate Social Responsibility Committee is as follows:      

Formulating and recommending to the Board the CSR Policy and activities to be undertaken by the Company Recommending the amount of expenditure to be incurred on CSR activities of the company Reviewing the performance of the Company in area of CSR Providing external and independent oversight and guidance on the environmental and social impact of how the Company conducts its business Monitoring CSR Policy of the Company from time to time Monitoring the implementation of the CSR projects or programmes or activities undertaken by the Company

4.3 Policy HUL is committed to operate and grow its business in a socially responsible way. Our vision is to grow our business whilst reducing the environmental impact of our operations and increasing our positive social impact. This policy outlines our Corporate Social Responsibility agenda. Our aim is to achieve responsible growth and we will inspire to bring this to life by encouraging people to take small everyday actions that will add up to make a big difference. We have embraced Unilever Sustainable Living Plan (USLP) which contributes to activities listed in the Schedule VII of Section 135 of the Companies Act, 2013. The USLP has three global goals namely help more than a billion people take action to improve their health and 17 | P a g e

wellbeing, reduce the environmental footprint of our products and enhance the livelihoods of people as we grow our business. Additionally, considering India as a water scarce region and the water availability is expected to go down further, HUL has identified water as a key area of intervention. We will focus in this area by creating capacities in conserving water through significant investments in partnership with relevant stakeholders with the objective of water conservation.

4.4 Corporate Social Responsibility (CSR) Principles HUL’s CSR Policy is supported by the following principles:  



We are committed to conducting our operations with integrity and respect, in the interest of our stakeholders, and in line with our Code of Business Principles. We believe growth and environmental sustainability need not be conflicting. Our business model is designed to deliver sustainable growth. The inputs to the model are our brands, our people and our operations. The outputs to the model are sustained growth, lower environmental impact and positive social impact. The differentiator in our business model is our USLP and the goal of sustainable living. We collaborate and engage with different stakeholders including Governments, NGOs, IGOs, Suppliers, Farmers, and Distributors to tackle the challenges faced by the society.

4.5 Governance Mechanism We follow structured governance procedures to monitor CSR activities. Our CSR Policy is governed by the Board of Directors of the Company. The Board has constituted a CSR Committee comprising of an Independent Chair and most Independent Directors to monitor the Policy and the programmes from time to time. The activities described in Annexure an appended hereto are covered under Schedule VII (as amended) of the Act that lists down permitted activities that constitute such activities. These activities undertaken by the Company are not expected to lead to any additional surplus beyond what would accrue to the Company in the course of normal operations.

18 | P a g e

5. CSR ACTIVITIES 5.1 Education and Scholarships Project- Fair & Lovely Foundation Projects Project Description- The Foundation identifies academically exceptional girls from financially challenged backgrounds and offers scholarships to the candidates. To maintain integrity and fairness the selection is done by a panel of eminent personalities from diverse fields. It is a long-term endeavour of the Company to help exceptionally bright girls with scholarships granted through FAL Foundation. The target for granting scholarships in the financial year 2014- 2015 is Rs.1 crore to deserving students. Project- Ankur Project Description- Ankur was set up in 1993 as a centre by your Company’s Plantations Division for special education for differently-abled children at Doom Dooma in Assam. Ankur provided educational, vocational and recreational activities to 33 differently-abled children.

Project- Rin Career Ready Academy Project Description- The program aims to inspire, educate & equip the youth from modest backgrounds with skills in English training, Office Dressing and Interviewing. The program allows all the participants to take the course by simply giving a missed call. Deserving individuals shall be put up for a more intensive face to face 3-week course, designed to suit their needs.

19 | P a g e

5.2 Healthcare Project- Ashadaan Project Description- The initiative began in 1976, when HUL supported Mother Teresa and the Missionaries of Charity to set up Asha Daan, a home in Mumbai for abandoned, challenged children, the HIV-positive and the destitute. Asha Daan has been set up on a 72,500-square feet plot belonging to HUL, in the heart of Mumbai city. Since the inception of Asha Daan in 1976, HUL has been looking after the maintenance of the premises. At any point of time, HUL takes care of over 400 infants, destitute men and women and HIVpositive patients at Asha Daan. It is an ongoing and long term charitable activity. Our aspiration is to provide shelter to the underprivileged members of the society; these include abandoned, challenged children, the HIV positive and the destitute. While HUL funds the annual maintenance of the premises, the Missionaries of Charity look after the inmates.

Project- Sanjivani Project Description- HUL runs a free mobile medical service camp Sanjivani, near its Doom Factory in Assam.  The aim is to provide free mobile medical facility in the interior villages of Assam. There are two mobile vans dedicated to the project, each vehicle has one male and one female doctor, two nurses, a medical attendant (helper) and a driver. The vans are equipped with basic kits such as diagnostic kit, blood pressure measuring unit, medicines and a mobile stretcher. The Sanjivani team has provided medical assistance to nearly 2.5 lakh patients since its inception in 2003 and covered more than four thousand camps till July 2013. It is an ongoing and long term preventive healthcare activity. Our aspiration is to provide healthcare in far and remote areas where basic medical facility is not available through our mobile medical service camps and thereby help many the population over a period of time.

20 | P a g e

5.3 Sanitation Project- Water Conservation Project Project Description- 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. Various initiatives like recycling treated effluent water for gardening, installing reverse osmosis technology at various utilities, collecting and recycling of rain water, arresting major leakage and loss of water at the manufacturing sites led to this reduction. In 2013, of total 38 sites, 33 sites became zero-discharge sites, an addition of 3 sites compared to that of last year. During the year, six more sites implemented rainwater harvesting taking the total to 28 sites. The efforts have resulted in creating a potential of 371,000 kilo litres water per annum. Rainwater harvesting and use of RO for recycling effluent water has helped your Company’s sites to reduce fresh water abstraction by over 86,000 kilo litres. Your Company’s factories at Amli and Doom Dooma adopted the rainwater harvesting and recycling model followed by the factory in Goa where rainwater on the terrace area of the factory is collected and recycled for use in various processes in the factory.

21 | P a g e

Project- Swachh Aadat Swachh Bharat Project Description- Hindustan Unilever Limited (HUL) announced the launch of ‘Swachh Aadat, Swachh Bharat’ programme in line with Government of India’s Swachh Bharat Abhiyan (Clean India Mission) to promote good health and hygiene practices. Given the scale of challenges that India faces in the areas of water, sanitation and hygiene (WASH), this programme is an effort to help India realise the goals of Clean India Mission by 2019. This is a first-of-its-kind multi-brand behaviour change programme synergizing the efforts of HUL’s leading brands Lifebuoy, Domex and Pureit. The Swachh Aadat, Swachh Bharat programme has two key thrusts: An on-ground behaviour change model and a mass media campaign to drive engagement and awareness. To create a nation of a ‘Playing Billion’. Eradicating hunger, poverty and malnutrition; promoting health care including preventive health care and sanitation including contribution to the ‘Swachh Bharat Kosh’ set up by the Central Government for the promotion of sanitation and making available safe drinking water. The project is in line with Government of India’s Swachh Bharat Abhiyan to promote good health and hygiene practices and aims to achieve the Swachh Bharat goals by 2019. The goal is to popularize the adoption of 3 clean habits: (i) Wash hands before meals and after defecation, (ii) Adopt safe drinking water practices and (iii) Stop open defecation. Haath, Munh Aur Bum is a well-timed shout-out to amplify the truth about unhygienic habits that are prevalent in society. Turns out if left to the kids, hygiene advice can turn out to be way more fun! Through this new “Haath, Munh Aur Bum” campaign, children turn into agents of change and propagate the adoption of three Swachh Aadats. The adoption of the three Swachh Aadats will go a long way in accomplishing the end goal of Swachh Bharat – a clean and illness free nation. Unless we change and adopt Swachh Aadats, Swachh Bharat

22 | P a g e

will not be a reality. Haath, Munh Aur Bum tells you how to do it. #Swachh Aadat Swachh Bharat. The campaign was launched by film actress Kajol Devgan, the newly appointed advocacy ambassador for the initiative.

23 | P a g e

5.4 Rural Development Project- Shakti Project Description- Project Shakti is HUL’s rural initiative, which targets small villages with population of less than 2000 people or less. HUL has trained thousands of women in villages across India to develop an entrepreneurial mind-set and make them financially independent and empowered. These women entrepreneurs (called Shakti Ammas) have been trained on basic tenets of distribution management and familiarisation with the Company’s products. HUL has a team of rural sales promoters (RSP’s) who coach and help Shakti Ammas in managing their business. This includes help in business basics and troubleshooting as well as coaching in softer skills of negotiation and communication which enable them to run their business effectively. It started in 2001, Shakti has already been extended to about 80000 villages in 15 states. In 2010, the Shakti programme was extended to include Shaktimaans who are typically the husbands or other male family members of the Shakti Ammas. Shaktimaans complement the Shakti Ammas. They sell HUL products on bicycles in surrounding villages, covering a larger area than Shakti Ammas can cover on foot. Shakti is pioneering effort in creating livelihoods for rural women, organised in Self Help Groups (SHG), improving standards of living in rural India. Shakti provides critically needed additional income to these women and their family, by equipping and training them to become and extended arm of the company operations. Project Shakti has over 72,000 micro-entrepreneurs supported by 48,000 Shaktimaans. Participated states are: Andhra Pradesh, Karnataka, Punjab, Orrisa, Tamil Nadu, Maharashtra, Bihar, West Bengal.

24 | P a g e

Project- Prabhat Project Description- Prabhat (Dawn) is a program which focuses on communities around company factories. The areas of intervention are Health & Hygiene, raising livelihoods and conserving water. The Water Conservation initiative is led by Hindustan Unilever Foundation, a wholly owned subsidiary of HUL which looks at improving the water security in selected regions. The Livelihood programme aims to empower today’s youth by providing them with employable skills thereby enhancing their livelihoods. HUL has collaborated with NGOs to implement the project. The project aims to create a positive social impact in the lives of 1 million people. It is a rural development project.

25 | P a g e

6. CSR FINANCIAL DETAILS OF HUL

Year Actual CSR Prescribed CSR

7. CONCLUSION 26 | P a g e

2014-15 82.35 Cr 79.92 Cr

2015-16 92.12 Cr 91.94 Cr

2016-17 103.88 Cr 101.71 Cr



HUL, a giant in FMCG industry, is one of the most efficient corporations on the global platform.



Its success is largely attributed to its corporate strategies and the management decision.



They also environmentally try to do minimum loss/harm due to their production processes.



It consistently makes sure to have technologies update and process complying all the laws and regulations thus make sure that its ethical responsibilities are met with.



As we compare the Corporate Social responsibility activities of the company to its adverse effects which were caused by different or careless actions taken by the company, the favourable CSR policies overweight the balance as the company is planning and undertaking more projects on how to improve their CSR.



However, if we refer to CSR policies which are set out by the company, if the company applies and implements those mentioned policies it will be on a line with the generally accepted standards on CSR even though there is no specific one in existence.



The organization is a multinational corporation, they are trying their best to be socially responsible and very much cautious about their acts and works that they do not hurt the environment, the people and their stake holders at any level of their function.

8. REFERENCES 27 | P a g e

https://www.hul.co.in/sustainable-living/hindustan-unilever-foundation/ https://www.hul.co.in/Images/hul-brr-2015-16_tcm1255-483140_en.pdf https://www.slideshare.net/RohanBharaj/corporate-social-responsibility-csr-at-hindustanunilever-hul https://www.hul.co.in/Images/csr-policy-annexure-a_tcm1255-436264_en.pdf

28 | P a g e