Unisys India – Social Responsibility

 

Unisys is committed to operating our business in an ethical, socially responsible, and sustainable manner. We believe that corporate citizenship is good business. We are aware that our growth and success is inextricably linked to the well-being of our ecosystem – employees, customers, partners, local communities, and the environment. We are committed to maintaining a safe and healthy workplace, operating our facilities in an environmentally-sound manner, providing and supporting environmentally-responsible products and services, and promoting programs that address key social, economic, and environmental challenges. 

By complying with applicable governmental requirements, we not only enhance our reputation, but also create greater value for both our business and the society at large. 

In India, as per the government's mandate, organizations are required to contribute some of their resources toward various Corporate Social Responsibility (CSR) activities. These activities include promoting education, preventative healthcare, gender equality, environmental sustainability, rural development projects, and contributing to the Prime Minister's National Relief Fund, among others. 

As part of these efforts, Unisys India constituted a CSR Committee in March 2014. 

The current CSR Committee comprises of the following directors:

  • Srikanth Raghavan, Senior Director & Chairman of CSR Committee
  • Subhashini Sriram, Senior Director-Human Resources & Member of CSR Committee

The CSR committee reviewed the programs as specified under Schedule VII of the Companies Act, 2013 and during FY 2017-18, in line with our global corporate values, Unisys India contributed

  • INR 1,59,55,571 (Rupees One crore fifty nine lakhs fifty five thousand five hundred and seventy one only) towards Prime Minister's National Relief Fund. The resources of the PMNRF are utilized primarily to provide immediate relief to families of the deceased victims of natural calamities and to the victims of major accidents and riots. Assistance from PMNRF is also rendered to partially defray the expenses for medical treatment like heart surgeries, kidney transplantation, and cancer treatment.  
  • INR 15,00,000 (Rupees fifteen lakhs only) was given as donation to the partner NGO, The/Nudge foundation for partial sponsorship of the vocational skill training classes which is designed to provide 360-degree life, learning and economic foundation to below poverty line (BPL) youth with an aim to bring appropriate behavior change and instill the right attitude and skills needed to progress continually in life.
  • INR 1,20,000 (Rupees One lakh and twenty thousand only) to partner NGO, SGBS Unnati Foundation which is into providing education & employment enhancing vocational skills to students of government colleges to make them job ready. 

Through these ongoing efforts and our technology leadership, we aim to make a sustainable difference to the communities in which we work and operate.  

Other details as required to be disclosed pursuant to clause (o) of sub-section (3) of section 134 of the Act and Rule 9 of the Companies (Corporate Social Responsibility) Rules, 2014 

Average net profit of the company for last three financial years-

Financial Year (April to March)Profit before tax (INR)
2016-17                        93,73,13,607
2015-1693,12,14,276
2014-1576,78,07,845
Total                       2,63,63,35,728
Average profit of last three years87,87,78,576
2% of average profit (INR)1,75,75,571
  

 

4. Prescribed CSR Expenditure - INR 17,575,571 (Rupees One crore seventy five lakhs seventy five thousand five hundred and seventy one) 

5. Details of CSR spent during the financial year - INR 1,59,55,571 (Rupees One crore fifty nine lakhs fifty five thousand five hundred and seventy one only) towards Prime Minister's National Relief Fund and INR 15,00,000 (Rupees Fifteen lakhs only) to The Nudge Foundation and INR 1,20,000 (Rupees One lakh and twenty thousand only) to SGBS Unnati Foundation. 

6. Total amount to be spent for the financial year - INR 17,575,571 (Rupees One crore seventy five lakhs seventy five thousand five hundred and seventy one) 

7. Amount unspent, if any- Nil 

8. Manner in which the amount spent during the financial year 2017-18 is detailed as below: 

Sl No.CSR project or activity identified
Projects or programs
(1) Local area or other

(2) Specify the State and district where projects or programs was undertaken

Amount outlay (budget) project or programs wise
Amount spent on the projects or programs
Sub – heads:
(1) Direct expenditure on projects or programs

(2) Overheads

Cumulative expenditure upto to the reporting period
Amount spent: Direct or through

implementing agency

1.

Contribution towards Prime Minister's National Relief Fund

as mentioned under Schedule VII of the Companies Act, 2013, The Nudge Foundation and SGBS Unnati Foundation

 Local Area

 

Contribution of INR 15,00,000 (Rupees Fifteen lakhs only) to The Nudge Foundation and INR 1,20,000 (Rupees One lakh and twenty thousand only) to SGBS Unnati Foundation

 

State where project undertaken: Karnataka

INR 17,575,571 (Rupees One crore Seventy Five Lakhs Seventy Five Thousand Five Hundred and Seventy One)

 

INR 1,59,55,571 (Rupees One Crore fifty nine lakhs fifty five thousand five hundred and seventy one only) towards Prime Minister's National Relief Fund and INR 15,00,000 (Rupees Fifteen lakhs only) to The Nudge Foundation and INR 1,20,000 (Rupees One lakh and twenty thousand only) to SGBS Unnati Foundation INR 17,575,571 (Rupees One crore Seventy five lakhs seventy five thousand five hundred and seventy one) Amount was spent directly and not through any implementing agency for FY 2017-18

 

9. In case the Company has failed to spend the two per cent of the average net profit of the last three financial years or any part thereof, the company shall provide the reasons for not spending the amount in its Board report.- Not Applicable (The Company has spent 2% of the average net profit for last three financial years)