1. Dabur India limited
Code of conduct
Corporate governance
Corporate social
responsibility
Submitted by:
Rashmi Agrawala
2. Introduction
Dabur India Limited was set up in the year 1884 in Kolkata by
Dr. S. K. Burman and was renamed Dabur India Ltd. in 1936. It
is now one of the largest commercial undertakings in India.
With an experience of more than 100 years Dabur India is now
the 4th largest company pertaining to the FMCG sector.
The products of Dabur are marketed in more than 50 countries
worldwide.
Some of the well-known brands of Dabur are: Amla
Chyawanprash, Hajmola, Lal Dantmanjan, Nature Care, Pudin
Hara, Babool Toothpaste, Hingoli, Dabur Honey, Lemoneez,
Meswak, Odonil, Real, RealActiv and Vatika.
3. Code of ethics and conduct
A
commitment to
ethical professional conduct
from every employee of Dabur
Contribute to society and human well-
being.
This principle concerning the quality of life of all people
affirms an obligation to protect fundamental human rights and
to respect the diversity of all cultures. We must attempt to
ensure that the products of our efforts will be used in socially
responsible ways, will meet social needs and will avoid harmful
effects to health and welfare of others.
4. Avoid harm to others.
Harm" means injury or negative consequences,
such as loss of property, property damage or
unwanted health and environmental impacts.
This principle prohibits use of men, material
and technology in ways that result in harm to
our consumers, employees and the general
public.
5. Be honest and trustworthy.
Honesty is an essential component of trust.
Without trust an organization cannot function
effectively. All of us are expected not to
make deliberately false or deceptive claims
about our products/ systems, but instead
provide full disclosure of all pertinent
limitations and problems
6. Be fair and take action not to
discriminate.
The values of equality, tolerance, respect for
others, and the principles of equal justice
govern this imperative. Discrimination on the
basis of race, sex, religion, age, disability,
national origin, or other such factors is an
explicit violation of this code
7. Practice integrity in our inter-personal
relationships.
In our relationships with colleagues, we should
treat them with respect and in good faith; in
the same way. we ourselves would expect
them to treat us. The principle to be adopted
to guard against loose talk or in its worst
form- character assassination- is not to say
anything behind one’s back and never utter
something, which cannot be put in writing.
8. Honor confidentiality.
The principle of honesty extends to issues of
confidentiality of information. The ethical concern is
to respect all obligations of confidentiality to all
stakeholders unless discharged from such
obligations by requirements of the law or other
principles of this code. We, therefore, will maintain
the confidentiality of all material non- public
information about Dabur’s business and affairs
9. Live the Dabur values- each day
Passion for winning
Ownership
People development
Consumer focus
Teamwork
Innovation
Integrity
10. Corporate governance
(key to strong bond of trust
with shareholders)
Corporate governance is the system by which
companies are directed and controlled.
. Corporate governance also includes the
relationships among the many stakeholders involved
and the goals for which the corporation is governed.
11. Companies initiatives
Professionalisation of the board.
Lean and active Board (reduced from 16 to 10 members).
Less number of promoters on the Board.
More professionals and independent Directors for better management.
Governed through Board committees for Audit, Remuneration,
Shareholder Grievances, Compensation and Nominations.
Meets all Corporate Governance Code requirements of SEBI
12. Corporate social responsibility
'What is that life worth which cannot bring comfort to
others'
For growth to be responsible, it should go beyond numbers... It
should do good to the society, create a better world. Dabur
India Ltd. believes in this kind of growth, and constantly strives
for.
At Dabur, commitment to good governance, ethical conduct
and social responsibility is core way of doing business, and is
strongly aligned with its drive to create and increase value for
all stakeholders.
Company define CSR as conducting business in ways that
provide social environmental and economic benefits for the
communities and geographies where they operate.
Karmayog 2008 CSR Rating: 3/ 5
13. Initiatives in the Social sector
Establishment of the Sustainable Development Society, or
Sundesh
Sundesh is the resource centre that works towards the development
and upliftment of the rural populace. It offers a range of facilities from
health posts to skill development for the rural community. It also acts
as an in house training and information centre for farmers .
Sundesh has several programmes such as Adult literacy, diagnostic
and healthcare facilities, organising health camps, cutting and
tailoring , training, bee keeping , animal husbandry and self help
groups for farm development and reducing poverty. One of the key
programmes is promotion of SHGs through NABARD.
The mission of this group is to promote sustainable and equitable
agriculture and rural prosperity through effective credit support ,
related services, institution development and other innovative
initiatives
14. Medicinal Plant Project – An initiative
by Dabur Nepal Pvt. Ltd.
‘Dehi me dadami te’ (As you give me, I give you in
return). This quote from an ancient text sums up
dabur’s commitment towards nature.
With a strong foundation in the Himlayan Kingdom,
Nepal, Dabur has taken many strong -- but quiet --
initiatives in last one and half decade towards
corporate social responsibility.
15. commitment to Environment
Ancient wisdom of conservation
From times immemorial, Indian sages and men of
wisdom have understood and appreciated the value
of nature and its conservation. That is why nature
was sanctified and worshipped in the form of gods
and goddesses.
16. Dabur upholds the tradition
Dabur also value nature's bounty. Without the fruits
of nature, the vision of Dabur would never have been
fulfilled. And that is the reason for unfailing
commitment to ecological conservation and
regeneration.
"Dehi me dadami te" - "you give me, and I
give you".
17. Back to Nature
Rare herbs and medicinal plants are their most
valuable resource, from which all products are
derived. Due to overexploitation of these resources
and unsustainable practices, these plants and herbs
are fast reaching the point of extinction. In view of
this critical situation, Dabur has initiated some
significant programmes for ecological regeneration
and protection of endangered plant species.
18. Plants for Life
Company have set up the "Plants for Life" project in
the mountainous regions of the Himalayas. Under
the project, a high-tech greenhouse facility has been
set up for developing saplings of rare and
endangered medicinal plants. Fully computer-
controlled and monitored, this greenhouse maintains
the highly critical environmental parameters required
for their survival. They are also developing quality
saplings of more than 20 herbs, 8 of them
endangered, through micro propagation.