CSR

INTRODUCTION :

LAXMI actively contributes to the Education and Wellbeing of Communities with whom we are involved. We believe in giving back to the society and maintain healthy and collaborative relationship with the communities in which we operate. Our initiatives extend across environment, health, education, sustainable livelihood, and other social causes.

LAXMI will continue to consistently act as a good corporate citizen and we sincerely believe in creating a positive impact on communities through our contributions via CSR.

Primarily the CSR thrust areas for Laxmi is centred around

  • Livelihood (Education to Employment)
  • School Education
  • Health (more of awareness, blood donation etc.)

Some of our current activities include :

  • Drinking water arrangement
  • Distribution of school bags
  • Donation of school furniture
  • Tree plantations
  • Blood donation
  • Supporting vocational education for employability

OBJECTIVE OF CSR POLICY :

In the aforesaid background, LOIL has broadly framed a Corporate Social Responsibility (CSR) Policy to achieve the following objectives:

  • To help enrich the quality of life of the community of the neighboring areas of the manufacturing units of the Company.
  • To promote good practices for the environment safeguard and maintenance of the ecological balance and to create a positive impact by ensuring sustainable developments in the society.
  • To be responsible and responsive corporate citizen by providing a welfare measures and creating a safe, harmonious and ecologically balanced environment for its members and the community at large.
  • To maintain commitment to quality, health and safety in every aspect of the business and people.
  • To promote equality of opportunity and diversity of workforce through its business operations.