Sustainability Initiatives & CSR Policy

Our Approach

Our Planet, Our Responsibility
From raw material procurement to waste and emissions reduction, we adopt a holistic approach to environmental sustainability, safeguarding our planet and securing a brighter future.

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Water Stewardship

Our initiatives reduce, reuse, replenish and recycle water, extending beyond our operations to serve communities.

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Plastic Waste Management

We're committed to sustainable packaging practices that minimise our impact and maximise our contribution to a cleaner planet.

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Renewable & Clean Energy

We’re accelerating our goal of carbon neutrality through sustainable management across our factories.

CSR Policy

Our objective is to grow our business, while making a lasting positive difference in the communities we serve. HCCB has been undertaking community initiatives, focusing on sectors such as education, women empowerment, environment preservation, rain water harvesting,

At, Hindustan Coca-Cola Beverages Private Limited (hereinafter“HCCBPL”/ the “Company”), as a bottlingpartner of the Coca-Cola System in India, we have always believed in returningto the communities in which we operate, endeavoring to make a difference in thelives of people around us. We recognise that the key to building a strongbusiness for the future is to ensure economic value generation, in a sociallyinclusive and responsible manner.

With an objective to grow our business while making a lasting positivedifference in the communities we, HCCBPL, serve has been undertaking communityinitiatives, focusing on sectors such as education, women empowerment,environment preservation, active and healthy living, skill development inclusiveeconomic development.

Carrying forward with this belief, we are now formulating this Policy, titled‘Hindustan Coca-Cola Beverages Private Limited Corporate Social Responsibility(CSR) Policy (hereinafter the“CSR Policy”/ “Policy”).

The content of this Policy shall act as an approach and direction for selection,implementation and monitoring of its CSR activities as approved by the Board onrecommendation of the CSR Committee from time to time.

The Policy outlines HCCBPL’s mission, as a responsible corporate citizen, to make a positive difference in the communities it serves. In alignment with the aforesaid, HCCBPL, through its CSR initiatives, will continue to enhance value creation in the community in which it operates, through its services, conduct & initiatives, so as to promote sustained growth for community, in fulfillment of its role as a Socially Responsible Corporate.

The Policy aims at enabling and facilitating accomplishment of Company’s CSR objectives, broadly outlined as follows:

  • Ensure an increased commitment at all levels in the Company, to operate its business in an economically, socially & environmentally sustainable manner, while recognizing the interests of all its stakeholder groups.
  • To undertake activities that benefit the communities in which it operates and result, over a period of time, in enhancing the quality of life, skills and economic well-being of the local populace.
  • To generate, through its CSR initiatives, community goodwill for HCCBPL and help reinforce a positive & socially responsible image of HCCBPL as a responsible corporate entity.

In line with the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time (hereinafter the “CSR Rules”), along with Circulars/ Notifications as issued by the Ministry of Corporate Affairs (hereinafter the “Ministry”), the Policy promulgates the general framework of HCCBPL’s corporate social vision of undertaking socially useful initiatives that enhance welfare and sustainable development of the community at large. It lays down the guidelines and mechanism for undertaking Company’s CSR activities specifying inter alia, the sectors/ areas of Company’s CSR activities, overview of Company’s CSR projects/programmes (hereinafter the “CSR projects”) along with the norms regarding its functioning and responsibilities. .

This Policy shall apply to all the CSR initiatives and activities taken up by the Company in accordance with Schedule VII of the Companies Act, 2013 and as allowed by Ministry from time to time for the benefit of different sections of the community, specifically the deprived and the under-privileged.

HCCBPL is vigilant in its enforcement of corporate principles and is committed towards sustainable development and inclusive growth. Therefore, it constantly strives to create a culture, which emphasizes on integrating CSR values with business objectives. In line with section 135 read with rules made thereunder and Schedule VII of the Companies Act, 2013 thereto, HCCBPL’s CSR activities (hereinafter “CSR Activities”) will be within the following areas:

The Policy aims at enabling and facilitating accomplishment of Company’s CSR objectives, broadly outlined as follows:
  • Eradicating hunger, poverty and malnutrition, ‘‘promoting health care including preventive health care’’ and sanitation (including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation) and making available safe drinking water.
  • Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects.
  • Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.
  • Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water (including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga).
  • Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional art and handicrafts.
  • Measures for the benefit of armed forces veterans, war widows and their dependents, Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows].
  • Training to promote rural sports, nationally recognised sports, paralympic sports and olympic sports.
  • Contribution to the prime minister's national relief fund or Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) or any other fund set up by the central govt. for socio economic development and relief and welfare of the schedule caste, tribes, other backward classes, minorities and women.
    • Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by the Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Government; and
    • Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defense Research and Development Organisation (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs).
  • Rural development projects.
  • Slum area development.Explanation- For the purposes of this item, the term ‘slum area’ shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force.
  • Disaster management, including relief, rehabilitation and reconstruction activities.
  • Any other activity (ies) specified by the Ministry from time to time.

The Corporate Social Responsibility Committee (hereinafter the “CSR Committee”) shall have power to constitute such number of sub-committees, as it may deem appropriate, for the purpose of implementation and monitoring of Company’s CSR projects or may appoint any outside Implementing Agency to implement and monitor the CSR activities of HCCBPL.

The process for implementation of CSR projects will generally involve the following:
  • Identification of projects: Identification of projects to be done by means of the following:
    • Need identification Studies by professional institutions/agencies.
    • Internal need assessment by the concerned HCCBPL department(s).
    • Receipt of proposals/ requests from local Civic Bodies/ District Administration/local Govt. etc.
    • Discussions and request with local representatives/ Civic bodies/ Citizen’s forums/ NonGovernmental Organizations (NGOs).
  • Geographic Coverage of CSR projects: CSR Activities and the projects thereunder would generally be carried out/ focused in the local areas and/ or communities where HCCBPL has operations / plants / premises.
  • Approvals: CSR projects as may be identified, will be required to be put up to the CSR Committee and thereafter to the Board of Directors of the Company for its approval, at the beginning of each financial year or on such regular intervals, as required by the CSR Committee, with due recommendations of the concerned department(s).
  • Execution: CSR projects, as may be approved, would be executed under the supervision of the concerned department(s) of the Company either directly by the Company, and if required, with assistance from or through any of following implementing agencies:
    • Company established under Section 8 of the Companies Act, 2013 or registered public trust or a registered society, established by the Company, either singly or along with any other Company, or
    • Company established under Section 8 of the Act or a registered trust or a registered society, established by the Central Government or State Government, or
    • Any entity established under an Act of Parliament or a State legislature, or
    • Company established under Section 8 of the Act, or a registered public trust or a registered society, other than established by the Company itself, and having an established track record of at least three years in undertaking similar activities.
    The Company may also collaborate with other companies for undertaking projects or programs or CSR activities in such a manner that the CSR Committees of respective companies are in a position to report separately on such projects or programs. Further, it may engage international organisations for designing, monitoring and evaluation of the CSR projects or programmes, if required.
  • Criterion for identifying an implementing agency: While identifying projects the concerned department(s) will also identify the implementing agency, if any is required, for execution of the said project and ensure that implementing agency meets the following minimum criteria:
    • It must be registered with the Central Government and must have a valid unique CSR Registration number;
    • It must be registered under section 12A and 80 G of the Income Tax Act, 1961;
    • It must have valid registration certificate under law in which it is incorporated / established;
    • It shall have an established track record of three years in undertaking similar projects;
    • The antecedents of the implementing agency are verifiable/subject to confirmation.
  • Annual Action Plan: The annual action plan of CSR Activities shall be formulated by the CSR Committee and recommended to the Board for the approval which shall include the following:
    • CSR projects or programmes to be undertaken in area or subjects specified in Schedule VII of the Act;
    • The manner of execution of such projects or programmes;
    • The modalities of utilisation of funds and implementation schedules for the projects or programmes;
    • Monitoring and reporting mechanism for the projects or programmes; and
    • Details of need and impact assessment, if any, for the projects undertaken by the Company.
    The Board of Directors may alter the plan at any time, as per recommendation of its CSR Committee, based on the reasonable justification to that effect.
  • Monitoring:
    • CSR Committee to institute a transparent monitoring mechanism for ensuring implementation of CSR projects undertaken or proposed to be undertaken as CSR Activities, and implementation schedule for the same.
    • For monitoring on project basis, if required, a monitoring / reporting process will put be in place, by the concerned HCCBPL department(s), for each of the projects or categories of projects, depending on the specifications and modalities of such projects.
    • To undertake impact assessment through an independent agency of the CSR projects, if required.
    • To engage professionals, consultants and international organization, if required for monitoring the CSR activities.
    • To obtain utilization certificate from Chartered Accountant or Statutory Auditor of Implementing / executing agency, if required.

  • For achieving its CSR objectives through implementation of CSR projects, HCCBPL will allocate, in every financial year, at least two per cent of the average net profits of the Company made during the three immediately preceding financial years.
    Surplus, if any, arising out of the CSR activities shall not become part of the business profit of the Company and shall be ploughed back into the same project or transferred to the Unspent CSR Account and spent in pursuance of CSR Policy and annual action plan of the Company or transfer such surplus amount to a Fund specified in Schedule VII, within prescribed time period under law.
  • CSR expenditure in excess of the required statutory obligation in a financial year may be set off against the CSR obligation in the manner as prescribed under the law.
  • Any unspent/unutilized CSR Funds of a particular year shall be treated in the manner as prescribed under the law.

  • Any activity undertaken by the Company outside India except for training of Indian sports personnel representing any State or Union territory at national level or India at international level;
  • Contribution of any amount directly or indirectly to any political party under section 182 of the Act;
  • Activities benefitting employees of the Company as defined in clause (k) of section 2 of the Code on Wages, 2019 (29 of 2019);
  • Activities supported by the Companies on sponsorship basis for deriving marketing benefits for its products or services;
  • Activities carried out for fulfillment of any other statutory obligations under any law in force in India;

Appointment and removal of the members of the CSR Committee shall, at all times, be at the sole discretion of the Board of Directors of the Company (hereinafter the “Board”).

The Board may also, at its discretion, vary the composition of the CSR Committee, its role, powers, functions and duties, as it considers fit from time to time.

The CSR Committee shall be required to:

  • Formulate and recommend to the Board, a CSR Policy, inclusive of the details and specifications as required under the Companies Act,2013 read with CSR Rules;
  • Review/ monitor the CSR Policy from time to time and, as and when required, suggest amendment(s) for Board’s consideration;
  • Implementation and monitoring of CSR Policy so as to ensure that it is in compliance with the Company’s CSR mission and objectives;
  • Formulate Annual Action Plan and recommend the same to the Board for approval;
  • CSR Committee to submit its report to the Board, for the financial period ending 31st March of every year, on the CSR activities and projects undertaken by the Company;
  • Ensure optimum utilization of CSR Funds for CSR projects relating to CSR Activities, bearing in mind that as per proviso to section 135 (5) of the Companies Act, 2013 Company is required to give preference to the local area(s) around which it operates for spending the CSR Funds;
  • Ensure that CSR projects undertaken by the Company, fall within the purview of the CSR Activities, as provided in the CSR Policy and under the applicable law;
  • Consider that the CSR projects focus on integrating business models with social and environmental priorities and processes in order to create shared value;
  • Institute a transparent monitoring mechanism for ensuring implementation of CSR projects undertaken or proposed to be undertaken as CSR Activities;
  • Review/ monitor progresses of CSR projects and implementation schedule for the same; and
  • Constitute sub-committees for implementation of the CSR Policy or any part thereof, if required.

The Board of Directors shall have power to amend the CSR Policy, at any point of time, as they deem appropriate, with or without a recommendation from the CSR Committee.

  • CSR Committee to submit its report to the Board, for the financial period ending 31st March of every year, on the CSR activities and projects undertaken by the Company;
  • The said CSR activities and the projects along with impact assessment reports, if required, will also be reported, in the Annual Board Report;
  • Chief Financial Officer or the person responsible for financial management shall certify that the funds so disbursed have been utilized for the purposes and in the manner as approved by the Board of Directors;
  • The composition of the CSR Committee, CSR Policy and Projects approved by the Board shall be posted on the website of the Company.

Words and expressions used and not defined in this Policy shall have the same meaning assigned to them in the Companies Act, 2013 read with Rules made thereunder and any other guidelines/ regulation(s) promulgated by statutory authorities.

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