Businesses should promote inclusive growth and equitable development
1. Details of Social Impact Assessments (SIA) of projects undertaken by the entity based on applicable laws, in the current financial year.
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Name and brief details of project
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SIA Notification No.
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Date of notification
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Whether conducted by independent external agency (Yes / No)
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Results communicated in public domain (Yes / No)
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Relevant Web link
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Social Impact Assessment is a part of EIA for getting Environment Clearance for projects. All projects listed in Question No 12 of Principle 6 have SIA component in-built as part of the study carried out. In addition, assessing social impacts of the CSR projects is an ongoing process at ACF, that continues to assess social impacts using platforms such as Social Engagement Scorecard (SES), Community Advisory Panel (CAP) etc. Any social impacts emerging out of these platforms is seriously considered and factored into annual workplan and activities of Ambuja Cement Foundation. In FY 24, we measured Social Returns on Investment (SROI) for three of our livelihood interventions programmes in three blocks of Howrah District, West Bengal. The programmes are 1) Agriculture-based Livelihood (ABL) Program, which aims to double farmers’ income by introducing innovative farming techniques 2) The Women Empowerment Program (WEP) focuses on economic empowerment and gender equality and 3) Skill & Entrepreneurship Development Institute (SEDI) that provides vocational training to underprivileged youth, enhancing their employability and fostering entrepreneurship. The period of the study was between 2019-20 to 2021-22. The SROI ratio for the ABL program is 9.87, WEP program is 3.99 and for the SEDI program is 6.35. The results of the analysis will be helpful to optimise value by including stakeholder voices. The SROI value helps to gauge the program effectiveness, improve program management, and enhance understanding and communication of CSR impacts.
2. Provide information on project(s) for which ongoing Rehabilitation and Resettlement (R&R) is being undertaken by your entity, in the following format:
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S. No.
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Name of Project for which R&R is ongoing
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State
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District
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No. of Project Affected Families (PAFs)
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(PAFs) % of PAFs covered by R&R
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Amounts paid to PAFs in the FY (In E)
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NIL
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3. Describe the mechanisms to receive and redress grievances of the community.
ACF acts like a bridge between the plant and the community. The concerns and grievances from the community are taken to Plant Head by ACF team. ACF facilitates the issue based discussion with community and the plant as may be suggested by the Head. Each plant also has a CSR committee where concerns of the community are shared and discussed with senior plant team. Ambuja plants have Community Advisory Panel (CAPs), a formal forum consisting of stakeholders representatives including senior team at plant, where issues and concerns of the community are discussed and resolved.
4. Percentage of input material (inputs to total inputs by value) sourced from suppliers:
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FY 2023-24 (Current Financial Year)
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FY Jan 2022 Mar 2023* (Previous Financial Year)
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Directly sourced from MSMEs/ small producers
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2.24%
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1.01%
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Sourced directly from within the district and neighbouring districts
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92.96%
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97.14%
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5. Job creation in smaller towns – Disclose wages paid to persons employed (including employees or workers employed on a permanent or non-permanent/on contract basis) in the following locations, as % of total wage cost
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FY 2023-24 (Current Financial Year)
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FY Jan 2022-23 (Previous Financial Year)
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Rural
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17.29%
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8.95%
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Semi-urban
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12.22%
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5.50%
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Urban
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59.77%
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11.95%
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Metropolitan
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10.71%
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73.60%
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(Place to be categorised as per RBI Classification System – rural/semi-urban/urban/metropolitan)