With a deep focus on ESG & CSR projects, the company is fully geared to play an instrumental role in contributing to the economic growth and create a positive impact on people’s lives and contribute to the sustainable development of the communities where they operate.
Kuantum Papers’ recently released Annual Report 2022-23 (FY23 AR) shares a detailed account of Environmental, Social, & Governance (ESG) and Corporate Social Responsibility (CSR) activities undertaken by the company. The company has taken steps at various organizational levels to integrate the ESG and CSR operation within its very framework, for example, it has a team that consists of senior people from the IR and Environment teams. This team actively interacts with nearby villagers/panchayat members/ government authorities on a periodic basis and gets their feedback on the effectiveness of the company’s ESG initiatives. They also ascertain the needs of the community for which they require support from the company. These are then formalized through the CSR program of the company, which is reviewed and approved by the CSR Committee.