Table of ContentsTable of ContentsCummins SustainabilityCSR CommitteeCSR Policy and ProjectsCSR SpendingSocial Justice and InfrastructureEmpowerHER “Powering HER for a Better Future”Education and EnvironmentEmployee SafetyTable of ContentsCummins SustainabilityCSR InterventionCSR and Business Model IntegrationCritical AnalysisReferencesCummins SustainabilitySustainability for Cummins, it's the future and the way forward, and it's especially necessary for them because it's a resource-heavy industry. Without sustainable development, it will not be possible for them to survive in the market and this is what guides their approach to CSR. The reliability of Cummins products is of paramount importance to the sustainability of the company and that is why Cummins engineers strive to achieve perfection in their production methods before the final product reaches the masses. Cummins views sustainability from a much broader perspective and thus includes various factors such as environment, corporate responsibility, safety, diversity and inclusion, employee development and governance as key performance indicators. Corporate social responsibility has always been one of its core values, with the motto “Serving and improving the communities in which we live”. Say no to plagiarism. Get a tailor-made essay on “Why violent video games should not be banned”? Get the original essay In India, Cummins works alongside the Cummins India Foundation (CIF), incorporated in 1990. It is a public charitable trust registered with the Bombay Public Trusts Act, 1950, the Income Tax Act, 1961 and the Foreign Contributions (Regulation) Act, 2010 and focuses its attention on serving the community and , in doing so, on improving the quality of life of the inhabitants of these communities. The CIF does not accept charitable works from the general public. He addressed various issues in the fields of environment, society, etc. Cummins made significant contributions in 2017-18 with projects on education, rural development, water neutrality, solid waste management, scholarship program and Coach Them Young to name a few -uns. . The three main focus areas of the Cummins India Foundation are higher education, energy and environment and equal opportunities. To promote and encourage employee participation in such activities, Cummins has introduced the “Every Employee, Every Community” (EECC) initiative, in which it is mandatory for every employee to devote four hours of work to any CSR project. For the fifth year in a row, your company has achieved a score of 100% under this initiative. The Foundation works closely with its local communities to identify the right projects and channel the CSR contribution. CSR CommitteeThe Board of Directors of Cummins India constitutes what is known as the “CSR Committee”, and this committee comprises the following members: Mr. Prakash M . Telang (President)Mr. PS Dasgupta (member)Mr. Nasser Munjee (Member)CSR Policy and ProjectsThe Committee has formulated a CSR policy stating the activities to be undertaken in accordance with the Companies Act, 2013. It also monitors and then makes suggestions regarding the amount of expenditure to be incurred on various activities in addition to review the CSR policy of the Company at regular intervals.CSR Expenditure1 Average net profit of the Company for the financial years 2014-15, 2015-16 and 2016 17,830.642 Prescribed CSR expenditure (i.e. 2%) 16,613 Details of CSR expenditure during the period Fiscal year 2017 18a. Total amount spent for the financial year16.61b. Unspent amount, if any NilCSR Interventions:Higher EducationKeep in mind: This is just a sample.Get a custom paper from our expert writers now.Get a custom essayCummins greatly realizes the importance of education. Apart from rigorous recruitment from top institutions in the country, Cummins also focuses on improving employability by providing better educational opportunities. The following projects were undertakenEstablished in 1991 in Pune, the college was established exclusively for women, known as Cummins College of Engineering for Women (CCEW). It focused on higher education in STEM (science, engineering technology and mathematics) for school-going girls. In addition to providing various facilities such as professors, student exchange programs and internships to students, it has established a center for research and intellectual entrepreneurship. (CeRIE). The “Cummins Scholarship Program” has also been successful for 12 consecutive years, with this year adding 200 scholarships for deserving and needy students. Social Justice and Infrastructure The Khadakwasla Water Conservation Project has seen active partnerships between various other business stakeholders and NGOs and has managed to save over 13,300 million liters of water. Scientific implementation of watershed management techniques and holistic use of modern hydrogeological studies have helped Cummins reach over 5,500 villagers through our strategic Monsoon Resilient Maharashtra project. The project has been piloted in four villages of KoregaonTaluka in Satara district of Maharashtra and they are also planning to expand the project to fourteen more villages of MaanTaluka, which are significantly more drought-prone areas. focused on supporting income-generating activities for women in certain model villages. Through this initiative, self-help groups and entrepreneurship models have been developed, enabling women to become self-reliant and financially capable. Education and environment Padarwadi, a village located 120 kilometers from Pune, was a rice-producing region. But due to lack of connectivity, husking required them to travel to another village, resulting in a lot of unproductive work. Cummins solved this problem by establishing a "distributed generation model for rural electrification", which was economically sustainable and scaled up to several villages. In order to educate residents about waste disposal and give dignity to waste collectors, the “Zero Waste Project” was introduced. . Not only was this measure successful, but it also made waste a renewable and profitable resource. She implemented the “Safe Chula” project, which aimed to reduce the consumption of wood for cooking, as it poses a risk to the environment and health. It introduced energy-saving cooking gas among households as an alternative. Cummins launched the “Paper Bag Project”; this project attempted to introduce newspaper bags instead of plastic bags. They not only created awareness among the community about the harmful effects of using plastic bags, but also provided various NGOs with the skills to make paper bags, which would be fully recyclable and less polluting than newspaper plastic bags daily. , providing disadvantaged people with a source of livelihood to help them make ends meet. The “Coach them young” project was launched in 2012, with the aim of educating schoolchildren, and has reached nearly 3.3 million people since its creation. The “Clean Air Delhi” project.