Maruti Suzuki increases social sector investment by 5 percent from 2007 to 2009
DriveInside.com | Monday March 1, 2010
Maruti Suzuki India Limited (MSIL) increased its expenditure on social sector schemes from Rs 7.3 crore in 2008 to Rs 7.67 crore 2009, according to the company’s sustainability report. The report added that from 1999 to 2009, MSIL managed to cut down on its electricity consumption by 18 percent, and its water consumption by 57 percent. The company has also trained more than 1.3 lakh people across India in safe driving, starting from December 2008.
The report gives details of Maruti’s initiatives in saving energy, and developing environment friendly technologies in the automotive sector. The company’s Corporate Social Responsibility (CSR) initiatives include ensuring the well-being of the people living in four villages around Manesar, where its manufacturing facility is located. It is also devising ways to create more employment opportunities for the country’s Scheduled Tribes and Scheduled Castes.
MSIL Chairman, Mr RC Bhargava, said that, for the company, sustainability meant ensuring a win-win situation for all its stakeholders.