Sustainability

Strategy & Approach

Social Development is integral to long-term success of any business. At BALCO, we believe that today's organizations need to be all the time more wary of the impact that their operations have on society at large, and this requires much more than isolated measures. Going beyond the domain of metal production, BALCO lays heavy emphasis on maintaining cordial relationship with its neighbouring communities. With the intention to ensure that the projects/ programs are designed as per the community needs, BALCO established a separate department known as Corporate Social Responsibility (CSR), led by qualified and experienced professionals in the year 2005. In a climate of heightened social awareness and instant access to information, CSR is a fundamental part of BALCO's targeted practices, broad objectives, and overall culture.

Strategy

At BALCO, we strongly believe in community led local level planning. The social development strategy adopted by BALCO is based on the need assessment of the Rural Community. The Strategy adopted can be pictorially depicted as follows:

Approach

BALCO considers forging collaborations with other agencies for wider outreach and deeper impact. This is why, BALCO CSR Department engages experienced NGOs for implementing various projects.

The areas in which the CSR activities are carried out are divided into 2 parts: Core Zone and Buffer Zone. The area within 10 Km of the operating plant is known as Core Zone and the area within 15 Km of the operating plant is known as Buffer Zone. The area beyond is known as Periphery. The activities in the Peripheral area are carried out only on a case-to-case basis depending upon the need of the community.