CSR

Corporate Social Responsibility (CSR) is the continuing commitment by business to behave ethically and to contribute to nation’s economic development while improving the quality of life of the workforce and their families as well as of the local communities and society at large.

Every business enterprise must take responsibility and be accountable for the social and environmental effects it has in its surroundings. Through this the concept of Corporate Social Responsibility (CSR) emerged, paving a way for businesses to return back to the society from the profits it earns. Such initiatives on the part of a company to improve livelihood of people and preserving environment at surroundings of its operations also go a long way in gathering acceptance from local communities.

The Corporate Social Responsibility concept in India is governed by Section 135 of the Companies Act, 2013 and Rules made thereunder wherein the criteria has been provided for assessing the CSR eligibility of a company, Implementation and Reporting of their CSR Policies. 

IICC Limited is committed towards holistic welfare of the society by undertaking CSR activities within the ambit of Schedule-VII of the Companies Act, 2013, as amended from time to time. 

CSR Projects / Activities of IICC Limited
2019-20

The Company contributed Rs. 4.14 Lakhs to the Swachh Bharat Kosh of theGovernment of India under CSR initiatives for the financial year 2019-20.