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CSR

CSR POLICY

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY OF ACE GROUP
(as amended by the Board of Directors at its meeting held on 26th May, 2021)

The CSR vision of Ace Group recognises that an enterprise and the society in which it operates are mutually dependent on each other and the growth of the industry is proportionate to the equitable development of the country, its environment and its people, irrespective of religion, race, caste, creed and gender. The Company also believes that all round development can be brought about by paying attention to regions, groups and people which are backward and have special needs and by helping citizens to acquire useful skills.
To this extent, the Company will devote resources, in the manner recommended by its CSR Committee and approved by its Board of Directors in accordance with the provisions of law for fulfilling the aforesaid objective in the manner laid out in Schedule VII to the Companies Act, 2013, with particular stress on areas around which the Company operates.

CSR VISION

SCOPE OF CSR ACTIVITIES

To this extent, the Company will support or undertake measures by established and reputed agencies and Non-Government Organisations, Central and State Governments and other agencies or the Company itself, for:
• Eradication of hunger, poverty and malnutrition
• Ensuring environmental sustainability, environmental balance, protection of flora and fauna, animal welfare, agro-forestry, conservation of natural resources and maintaining quality of soil, air and water
• sports and Olympic sports
• Promotion of sporting activities
• Promotion of cultural activities
• Support to well-known charitable institutions