POLICY ON CORPORATE SOCIAL RESPONSIBILITY (CSR)
The West Bengal Forest Development Corporation Ltd (WBFDCL) is committed to promote Scientific Forestry, Environmental Conservation, Eco-development, Eco - tourism and Community Participation through Joint Forest Management in the State of West Bengal in accordance with the National Forest Policy - 1988, the directives issued by the State Government from time to time and the Memorandum and Articles of Association of this Corporation. WBFDCL is the strong believer of the thought that the performance of the Company should be judged not only from its earning potential but also from its contribution towards building economic, social and environmental capital for the society at large. WBFDCL is among those companies which have voluntarily adopted the Corporate Social Responsibility (CSR) initiative long back much before it became mandatory due to the implementation of Companies Act 2013. This Corporation has always tried to make a positive impact towards sustainable development of the society, maintaining ecological balance, protecting the environment and to make this world as a better place of living.
CSR Activities :
The CSR activities of the Corporation are independent of the normal conduct of the Corporationís business. The CSR activities of WBFDCL shall strive to achieve the following goals.
The CSR Committee of this Corporation consists of the following directors
|Shri Joachim Baxla --------||Chairman|
|Shri Mohan Sharma ---------||Member|
|Shri Srikanta Mahata --------||Member|
|Shri Subrat Dhaundyal, MD --------||Member|
The Corporation will undertake its CSR activities as approved by its CSR Committee through its internal machineries and staff or through Fund /Trust /Agencies/ societies/FPCs or section 8 Companies specifically constituted for undertaking CSR activities with a proven track record of 3 years or more.
Every year the CSR Committee will decide about the quantum of expenditure and submit a CSR plan for the approval of the Board of Directors. Two separate Committees each for the Divisions of North Bengal and South Bengal will be formed with the members of the CSR Committee along with the Senior Officers of the Corporation to draw plan and programs to be implemented as the CSR activities. The Board of Directors will consider and approve the CSR Plan and programs without or with the modification that may be considered necessary. The Divisional Managers of this Corporation will monitor the CSR expenses directly undertaken by the Corporation under the overall supervision of FA&CAO, the General Managers and Managing Director of this Corporation. The Management will report about CSR expenses time to time to the CSR Committee and the Board.
CSR expenditure will include all the expenses directly or indirectly incurred by the Corporation in accordance with the approved CSR policy moreover surplus if any arising from the CSR plan shall also be used towards the CSR activities. Accordingly any income arising from the CSR activity will be netted off from the CSR expenditure and such net amount will be reported as CSR expenses. Any surplus arising from the CSR plan will not be treated as the income of the Corporation.
West Bengal Forest Development Corporation Limited
KB19 Sector-III, Salt Lake, Kolkata - 700098
Ph No. : 033 23350064 / 033 23358320
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