Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Dalmia Bharat Group wins FICCI CSR Award for Environment Sustainability

Posted On: 2020-08-01 21:58:30


Dalmia Bharat Group, a leader in India's core manufacturing space since 1939, has won an award for Environment Sustainability at 18th FICCI CSR award ceremony, organized by FICCI. The award recognizes efforts of companies in integrating and internalizing Corporate Social Responsibility. Shri Anurag Thakur, Minister of State for Finance & Corporate Affairs, Government of India graced the ceremony as Chief Guest and presented the award to Mr. Mahendra Singhi, MD & CEO, Dalmia Cement (Bharat) Ltd. and Mr. Vishal Bhardwaj, Group Head, CSR, Dalmia Bharat Group and CEO Dalmia Bharat Foundation, who represented the company at this virtual ceremony.

Expressing gratitude on receiving the coveted award, Mr. Mahendra Singhi said, "We are extremely honoured by this recognition. As a responsible corporate, we firmly believe in doing our bit and giving back to the society in the best possible manner. Enabling communities to use their natural resources in order to build sustainable environment is important for enhancing their livelihood. Also, 2020 is going to be a critical year, thus, we are completely aligned with the mission to accelerate a global shift to clean energy."

As a company, Dalmia Bharat Group believes in supporting communities to create a sustainable environment by effectively managing their natural capital. Their pan-India 'synergistic water conservation approach' revolves around three different interrelated and multi-faceted components based on water conservation, integrated development of watersheds and communities and the application of measures to increase water efficiency. Through this initiative, they have treated 25,000 hectares of land under Integrated Watershed Management Project and constructed more than 900 Water Harvesting Structures like Farm Ponds, Village Ponds, and Check Dams. It has touched the lives of over 2 Lakh people across 10 states, leading to 20 percent Increase in Crop Yield and 15 percent average Increase in Income.

Speaking on the occasion, Mr. Vishal Bhardwaj, Group Head, CSR, Dalmia Bharat Group and CEO Dalmia Bharat Foundation, said, "We are extremely delighted on receiving this award. Being one of the oldest business houses in the country, Dalmia Bharat Group appreciates the responsibility of upholding sustainable practices in business. Due to this water program, there has been a considerable increase in farmers' income which will only grow in the coming years. We will continue the efforts to shape our communities with initiatives aimed at enabling them to achieve their maximum potential."

Apart from this, the company is also working closely with the local communities to change their mindsets and replace the traditional source for energy with clean energy. They have assisted communities to gain access to a reliable and cleaner source of lighting through distribution of solar lighting systems like lanterns, study lamps, streetlights, and home lighting systems. So far, Dalmia Bharat Group has promoted more than 25,000 Solar Household Lighting Solutions and installed 535 Solar Streetlights, making night time commuting safer especially for women. Also, with the installation of fuel-efficient cook stoves, the company has successfully converted 8,000 kitchens to clean kitchen with shift to cleaner fuels and efficient fuel usage device. This has led to reduction in 41,724 tons of CO2 Emission, annually.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

UFO Moviez India Limited raises stake in Cinestaan Digital Pvt Ltd to 27.73%

Glenmark to divest select Anti-Allergy brands to Dr Reddy's in Russia, Ukraine, Kazakhstan and Uzbekistan in anticipation of its 'Ryaltris' Launch

Indiabulls Housing Finance Ltd has further sold part of stake in OakNorth Holdings Ltd for Rs. 93 crore

Unichem Laboratories receives ANDA approval for Atenolol and Chlorthalidone Tablets

KDDL Limited increases stake in Ethos Ltd to 74.80%

Dr. Reddy's to acquire select Anti-Allergy brands from Glenmark in Russia, Ukraine, Kazakhstan and Uzbekistan

India Grid Trust to acquire 74% stake in Parbati Koldam Transmission Company Limited from Reliance Infrastructure Ltd

Gufic Biosciences Limited granted Tigecycline patent by Eurasian Patent Office

Infibeam Avenues Limited receives NCLT approval for Composite Scheme of Arrangement

Transformers and Rectifiers India Ltd bags order of Rs. 98 crores from GETCO

Gayatri Projects Ltd receives LOA for Rs. 395.98 crore project in UP

Capital Trade Links Limited launches new loan application - UrgentCash

Hon'ble Prime Minister of India, Shri Narendra Modiji's inspiring presence at the Zydus Biotech Park

IRDAI approves swap of Mitsui Sumitomo's Max Life stake with its listed parent Max Financial Services

SRF Limited commissions resin plant on Nov 27, 2020

Fire incident at ITI Limited's Rae Bareli plant

Vaibhav Global's UK Subsidiary, Shop TJC, Launches TJC PLUS, a Membership Program Offering Free & Fast Delivery

AstraZeneca signs MoU with Indian Diabetes Research Society (RSSDI) to empower 1 Crore Indian Diabetic patients by 2023

Kolte-Patil completes final tranche payment of Rs. 70 crore for buy-out of ICICI Venture's 50% stake in Life Republic Township Project in Pune

Mphasis Granted U.S. Patent for Its Autocode.AI, which automates software code development

Vi unveils a collaborative program to offer a range of customer benefits for Learning & Upskilling, Health & Wellness, and Business Help

Burger King India Limited IPO to open on Wednesday, December 2, 2020

Hero MotoCorp appoints Michael Clarke as COO

Vaibhav Global's US Subsidiary, Shop LC, Named 2020 Business Champion Award Recipient by Austin Chamber of Commerce for Supporting Schools

Garware Technical Fibres Limited board approves buyback of 3,17,391 shares at Rs. 2300 per share

Groundbreaking ceremony of India's first pressmud to compressed biogas plant in Karnataka

Manappuram Finance Limited to raise funds through borrowings

Ashok Leyland Renames Optare Group Ltd as 'Switch Mobility' - Unveils Global Electric Vehicle plans

OMDC receives approval for disposal of undisposed stock of minerals from Bhadrasahi Iron & Manganese Mine

RBL Bank flags off the 7th edition of 'UMEED 1000' Cyclothon

G E Shipping contracts to sell its two oldest Suezmax Crude Carriers 'Jag Lateef' & 'Jag Laadki'

Sinclairs Hotels announces launch of Sinclairs Gangtok the 8th property in the Sinclairs chain

BHEL establishes new record with India's highest-rated Auto Transformer

ABB launches new series of high-output motors in India

TVS Motor Company unveils A.R.I.V.E App for customers

JTL Infra Ltd updates on supplies and orders of G.I. Pipes under Jal Jeevan Mission

Union Bank of India raises Rs. 1000 crore through Basel III Compliant Tier II bonds

Hitachi ABB Power Grids teams up with Ashok Leyland in e-bus pilot at IIT Madras campus

SJVN Ltd announces financial closure for 1320 MW Buxar Thermal Power Project

Adani Transmission completes acquisition of Alipurduar Transmission for an enterprise value of around INR 1300 Cr

Talbros Automotive Components Limited enters into Technical Assistance Agreement with Japan based 'Sanwa Packing Industry Co. Ltd'

Kalpataru Power Transmission Limited completes stake sale in Alipurduar Transmission Limited

Lakshmi Vilas Bank has written down bonds aggregating to Rs. 318.20 crore

Ujjivan Small Finance Bank Limited gets nod for shifting registered office to Bengaluru

CoSara Diagnostics Private Limited receives permission from CDSCO to manufacture COVID-19 test with two target genes

AU Small Finance Bank Limited makes equity investment in NPCI

MT Educare Limited announces financial results for the period ended June 30, 2020

NMDC bestowed with the National HR Best Practice Award by NIPM

Shri M V Iyer assumes charge as Director (Business Development), GAIL

SpiceJet launches dedicated cargo flights to Leh ensuring timely & seamless supply of essentials during winters



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019