Corporate Social Responsibility
Our commitment to creating positive social impact through responsible business practices.
Our CSR Philosophy
At Parason, Corporate Social Responsibility is not merely a statutory obligation — it is an integral part of our organizational DNA. We believe that sustainable business growth must go hand-in-hand with social development and environmental stewardship.
Our CSR policy is guided by the vision of our founder, Late Dr. C.P. Desarda, who believed in uplifting communities alongside building world-class engineering solutions.
“Good environment proceeds to good work. Our responsibility extends beyond shareholders to every community we touch.”
— Parason CSR Vision
Education & Skills
Promoting education and skill development for underprivileged children and youth in communities near our operations.
Healthcare
Supporting healthcare initiatives including medical facilities, vaccination drives, and health awareness programs.
Environment
Environmental sustainability through afforestation, rainwater harvesting, and eco-friendly manufacturing practices.
Community Welfare
Empowering local communities through employment opportunities, infrastructure support, and social development programs.
Policy Framework
Our CSR activities are governed by a structured framework ensuring accountability, transparency, and measurable impact.
Governance
CSR Committee comprising Board members oversees policy implementation and fund allocation.
Compliance
Full compliance with Section 135 of the Companies Act, 2013 and CSR Rules.
Transparency
Annual CSR reporting and disclosure as per statutory requirements.
Impact Assessment
Regular monitoring and evaluation of CSR project outcomes and social impact.
Statutory Compliance
Companies Act, 2013
- Section 135 - CSR provisions and spending requirements
- Schedule VII - Approved CSR activities
- CSR Rules - Procedural compliance and reporting
CSR Committee
- Formulation and recommendation of CSR policy
- Monitoring implementation of CSR activities
- Annual review of CSR expenditure and impact
CSR Activity Areas
As per Schedule VII of the Companies Act, 2013, our CSR activities focus on the following areas:
Education
- Dr. Desarda Public School - affordable quality education
- Scholarships for employees' children
- Vocational training and skill development
- Educational infrastructure support
Healthcare
- Medical equipment and ambulance donations
- Health camps and vaccination drives
- Water purifier installations in schools
- Employee health programs
Environment
- Afforestation and tree plantation drives
- Rainwater harvesting systems
- Sustainable manufacturing practices
- Research on eco-friendly alternatives
Rural Development
- Local employment generation
- Infrastructure development
- Community welfare programs
- Women empowerment initiatives
Water Conservation
- Rainwater harvesting at all facilities
- Clean drinking water projects
- Water scarcity mitigation programs
- Watershed development
Sustainability Research
- Wheat straw to eco-tableware project
- Partnership with IIT Roorkee
- Biodegradable packaging solutions
- Waste to wealth initiatives
Implementation Guidelines
Key principles governing the execution of our CSR initiatives
Local Priority
CSR activities focused on local areas around manufacturing facilities and headquarters
Direct Implementation
Projects implemented directly or through registered trusts and Section 8 companies
Employee Involvement
Encouraging employee participation in CSR activities and volunteer programs
Impact Measurement
Regular monitoring, evaluation, and impact assessment of all CSR projects
See Our CSR Initiatives in Action
Visit our Social Welfare page to learn about our ongoing projects, impact stories, and how we're making a difference in communities.
View Social Welfare Initiatives