As a responsible corporate citizen of the country, Adam Fabriwerk Private Limited believes it has a role to play in sustainable and inclusive growth of the nation. Despite being one of the largest growing economies globally, India faces substantial problems of income inequality, food insecurity, gender discrimination and environmental degradation along with uneven access to energy, healthcare, sanitation, water and education. The corporate sector needs to partner with the government and social sector to work together in addressing these issues. Since the needs on these multiple fronts are vast, meaningful contribution by the business sector would be best undertaken through a transparent and measurable system.
In this regard, Adam Fabriwerk Private Limited fully supports that the recent initiative of the Union Government to create a legal process under the Companies Act 2013 for facilitating companies to undertake corporate social responsibility programmes in a structured manner.
We are committed to further environmental sustainability, socio-economic empowerment of underprivileged communities, social development and equity through gender empowerment. Our CSR policy framework is developed to assist the Company in undertaking well-planned initiatives that are participatory, outcome oriented and measurable, with the overall objective of creating sustainable impact.
CSR Committee Composition
The CSR Committee of the Board of Directors comprises the following Members:
- Mr. Devidas Trambak Shirude - Chairman
- Mr. Waman Madhav Wagh - Member
- Mr. Vishal Waman Wagh - Member
The Board shall reconstitute the CSR Committee as and when required inter alia, to comply with the provisions of the Companies Act, 2013 and applicable statutory requirements.