JLPL is a socially responsible company. It acknowledges that it receives various benefits from the society at large directly and indirectly and realizes that it needs to in turn contribute to the welfare of the society. Such contribution would, in addition to adopting the best business and industrial practices and technologies, include actions such as behaving ethically and responsibly towards the environment, contributing to social welfare through appropriate projects and programs and helping in times of national disasters by providing succor to the needy and so on. Accordingly, JLPL has in the past been contributing to various social welfare activities as part of its Corporate Social Responsibility (CSR) initiatives.
With the enactment of Section 135 of the Companies Act, 2013 (the Act) and the Companies (Corporate social responsibility Policy) Rules, 2014, JLPL’s CSR philosophy has been formalized and is relatable to the subjects enumerated in Schedule VII of the Act.
This Policy has been recommended by the Corporate Social Responsibility Committee (Committee) and has been approved by the Board of JLPL.