Corporate Social Responsibility (CSR) is a company’s commitment to operate in an economically, socially, and environmentally sustainable manner. 

It is a continuing commitment by business to perform ethically and contribute to economic development while sustainable growth for the society at large. CSR extends beyond philanthropic activity and entails the company to act beyond statutory requirements and to integrate social, environmental, and ethical concerns into the company's vision and mission.

 

 

Aims and Objectives 

IREDA shall continue to enhance value creation in society through its primary business of promoting self‐sustaining investment in projects related to renewable energy, energy efficiency and clean technologies for sustainable development. The aim of CSR activities shall be to complement the primary business of the company with the overall social and environmental concerns related to its primary business.

 

IREDA may also take up other social welfare activities which may not be complementary to IREDA’s primary business but fall under the eligible list of activities as per Schedule VII of the Companies Act, 2013 including all amendments issued.

 

CSR Objectives 

    • To ensure an increased commitment at all levels in the organization to operate its business in an economically, socially & environmentally sustainable manner. 
    • To directly or indirectly take up programmes that benefit communities and results, over a period, in energy efficiency/ conservation and enhancing the quality of life & economic well‐being of the local populace.
    • To generate, through its CSR initiatives, a community goodwill for IREDA and help reinforce a positive & socially responsible image of IREDA as a corporate entity. 
    • Encourage alignment with millennium development goals related to gender sensitivity, skill enhancement, entrepreneurship development etc. 
    • Encourage partnerships with National Disaster Management Authority (NDMAs) and other organizations at state and national levels to ensure preparedness of communities towards disaster resilience