Volkswagen India Pvt. Ltd (VWIPL) shall work towards protection of the environment and contribute to the development of humanity and society in line with VW Group philosophy.
Manufacture environment friendly, quality, and safe products and services.
Undertake programs that enhance the quality of life and provide unique and enriching opportunities connecting diverse groups that in the long term will result in sustainable partnership shaping the communities in which VWIPL employees live and work.
Implementation Schedule & Modalities of Execution:
The company may implement the identified CSR projects presently within its scope and ambit directly through its External Affairs & CSR Department as per the directions of the CSR Committee.
Monitoring Process through CSR Committee:
a. Evaluation of Planned progress versus Actual Progress
b. Actual expenditure versus allocations as per approved budget.
The reporting of CSR activities shall be in accordance with the format prescribed by the Government, Ministry of Corporate Affairs, vide Notification GSR 129 (E) dated 27.2.14.
The surplus arising out of the CSR projects or programs or activities shall not form part of the business profit of Volkswagen India Pvt. Ltd.
The above CSR Policy shall continue to be in force until amended by the Board in a meeting of the Board of Directors in future.