Corporate India and nonprofit organizations emphasize the need for Public Private Partnerships, capacity development and sustainable development at Wockhardt Foundation’s first ‘CSR Thought Leadership Conclave’ Industry Leaders emphasize the need for focusing on social development for economic growth Minister for Minority Affairs and Water Resources Salman Kursheed calls for more corporate participation to drive social growth Dalai Lama calls for social and rural development in his inaugural speech Key note speaker Prof. Muhammad Yunus states: ‘Investment in social business is the foundation for the wheel of growth and it should be driven by the people’ Mumbai 19th February 2010: Industry leaders emphasized the need for corporate India to have focused CSR initiatives for social development and economic growth at the first ‘CSR Thought Leadership Conclave’ organized by Wockhardt Foundation, the CSR arm of the Wockhardt group. They also emphasized the need for Public Private Partnerships, capacity development and sustainable development to ensure effective growth in the social sector. The ‘CSR Thought Leadership Conclave’ is a unique platform created by Wockhardt Foundation to bring together Corporates, NGOs and other organizations in the development sector to discuss, debate and find solutions for sustainable development and capacity development. The conclave also honoured leading corporate for their best CSR practices – which have impacted and changed lives. The thought leadership conclave saw industry leaders from leading corporates discussing education, health, environment, social business, water and various other development issues besides the role of corporate India and CSR for mobilizing and accelerating social growth. Industry had representations from BASF, Ambuja Cements, Bajaj, HUL, Jet Airways, Kingfisher Airlines, Welspun, Sterlite, Coca Cola, L&T, Lafarge, Mahindra & Mahindra, ONGC, GAIL, SAIL, Essar, BMW, Hinduja Group, Dr Reddy’s Foundation, Novartis, Wyatt, Reliance Industries Limited, IOCL, Pfizer, Vodafone, Tata Power and Idea Cellular among others. Speaking at the awards ceremony of the Wockhardt ‘CSR Thought Leadership Conclave’ the Minister for Minority Affairs and Water Resources Salman Kursheed called for more corporate participation to drive social growth. He said “CSR by any corporate should be a way of doing business rather then what is additional to business. CSR should our opinion, attitude and vision about how we want to lead our society forward.” Tata Group, Mahindra & Mahindra, Bharat Forge, Kingfisher Airlines, HDFC, BHEL, Ambuja Cement, United Phosphorus, Hindustan Unilver Limited, Hindustan Coca Cola Beverages Limited, Gitanjali Gems, Narayana Hrudayalaya, L&T, MARG, SAIL, WIPRO Limited, Transport Corporation of India Limited (TCI), Sterlite Industries Limited, ONGC, Dr Reddy’s Laboratories Limited, PGCIL, Pantaloon Retail India Limited, Bharti Airtel Limited and Welspun were honoured for their outstanding contribution to the society through their CSR programs. The winners were selected by a panel of judges drawn from various development sectors after carefully studying and analyzing the impact and sustainability of the CSR programmes. The ‘CSR Though Leadership Conclave’ was inaugurated by Nobel Laureate His Holiness Dalai Lama. In his inaugural address the Dalai Lama appealed to the Indian business community to come together and support the development of the society by contributing towards the same. He said “There is a need to focus on education and health which ultimately equips a person to live a better life. For the development of a country the real transformation should take place in rural India.” Prof Mohammed Yunus the keynote speaker at the conclave said, “CSR is a good initiative to drive growth and empower people but it should be driven by ground realities. ‘Investment in social business is the foundation for the wheel of growth and it should be driven by the people. Charity, donations and programs without understanding the ground reality will not make a change. People should be empowered and capacities built to attain sustainable and meaningful growth.” He added, “Only social business can give respite to people from loan shark.” Dr. Habil Khorakiwala, Chairman, Wockhardt Foundation said “The CSR Thought Leadership Conclave” is an initiative taken to help encourage, recognize and sustain meaningful growth in the social sector. The vision is to bring together corporate India and all those who are associated with social development on a common platform where we can draw upon each other’s strength, learn and recognize the best practices adopted for sustainable development.” Topics discussed at the panel discussions: Environment: Mr. Robert Fernandes (Associate Vice President, K. Raheja Corp.), Dr. Chandan Mahanta (Professor & Head, Centre for the Environment, IIT Guwahati). Mr. Sattish Ghogre, Mr. Alok Sharma (Head, Corporate Sustainability, L&T), Mr. Ravi Machiraju (CEO, Maxima Global Executive Search) and Mr. Mudar Patherya (Noted Social Activist) discussed • Global Warming, • Alternative Energy Sources • Work Management in an Environment Friendly Manner • Environment Pollution • Environment versus Economics Water: Mr. Krishan Khanna (Founder, India Watch Foundation), Ms. Camilla Laag (MD, United Waters International AG India), Mr. Ajit Jha (Vice President, Corporate Affairs, Hindustan Coca Cola Beverages Private Limited), Dr. Abhijit Mukherjee (Assistant Professor, Department of Geology and Geophysics, Indian Institute of Technology, Kharagpur) and Moderator – Dr. S Srinivasan (Noted Social Worker with special interest in rural areas) discussed • Potable water for all • Rain water harvesting • Desalination as a source of water • National water grid • Water wars Health: Dr. Habil Khorakiwala (Chairman, Wockhardt Group), Mr. Ranjit Shahani (Country President, Novartis India), Dr. Purvish Parikh (MD, Americares India), Dr. Kulin Kothari (Eminent Eye Specialist), Dr. G. B. Parulkar (Distinguished Cardiovascular Disease Specialist, Padmabhushan awardee), Dr. A. R. K. Pillai (President, Indian Development Foundation) discussed • Government investment • Health Policy • Rural Healthcare - Mobile Medical Units and Telemedicine • Health Insurance • Medical Tourism Education: Dr. Narendra Jadhav (Member, Planning Commission), Dr. R. Natarajan (Chairman, Board for IT Education Standards, Karnataka), Dr. Sheila Embleton (President, Canada India Education Council - CIEC), Dr. Mahesh Pathak (Secretary, Higher and Technical Education), Mr. Akhil Shahani (Director, Kaizen Management Advisors), Mr. Deval Sanghavi (Co-Founder and CEO of Dasra) and Mr. Karthick Sridhar (Director, Wockhardt Foundation) discussed • The literacy challenge • Globalization and corporatization of Indian Higher Education • Value based education • Vocational skills and training • The new education policy CSR: Col. (Retd.) P. C. Tewari (Head Community Relations and Rehabilitation and Resettlement, TATA Power), Ms. Meeta Singh (Head Corporate Social Responsibility at Hindustan Unilever Limited), Mr. Vishal Bhardwaj (General Manager of Ambuja Cement Foundation), Mr. K. V. Iyer (Senior Manager, Corporate Social Responsibility, Bajaj Auto Limited), Mr. Vijay Kapur (International CSR Consultant) discussed • The Institutionalization of CSR • Stakeholder Engagement • Weaving Social Responsibility into Corporate Goals for Long Term Development • Poverty alleviation and the corporate sector's role in it • Supply chain and product safety Award Winners Wockhardt Foundation Lifetime Achievement Award – Sou. Sindhutai Sapkal India Shining Star CSR Awards CSR Company of the Year –Tata Group Outstanding CSR in the Automobile sector – Mahindra & Mahindra Ltd. Outstanding CSR in the Auto ancillaries sector – Bharat Forge Outstanding CSR in the Aviation Sector – Kingfisher Airlines Ltd. Outstanding CSR in the Banking & Finance Sector –HDFC Outstanding CSR in the Capital Good Sector –BHEL Outstanding CSR in the Cement Sector – Ambuja Cement Outstanding CSR in the Chemicals & Fertilizers Sector – United Phosphorous Outstanding CSR in the FMCG Sector – Hindustan Unilever Ltd. Outstanding CSR in the Food & Beverages sector -- Hindustan Coca Cola Beverages Ltd. Outstanding CSR in the Gems & Jewellery sector – Gitanjali Gems Outstanding CSR in the Health sector – Narayana Hrudayalaya Outstanding CSR in the Heavy Engineering sector – L&T Outstanding CSR in the Infrastructure sector – MARG Outstanding CSR in the Iron & Steel sector – SAIL Outstanding CSR in the IT – Wipro Ltd Outstanding CSR in the Logistics sector – Transport Corporation of India Ltd Outstanding CSR in the Media sector – NDTV Outstanding CSR in the Mining sector – Sterlite Industries Ltd Outstanding CSR in the Oil & Gas Sector – ONGC Outstanding CSR in the power sector – PGCIL Outstanding CSR in the Retail sector – Pantaloon Retail India Ltd. Outstanding CSR in the Telecom sector – Bharti Airtel Ltd. Outstanding CSR in the Textile sector – Welspun About Wockhardt Foundation Wockhardt Foundation the CSr arm of Wockhardt Group is a secular trust engaged in serving the society by working towards upliftment and empowerment through its various programs. The Foundation has over 3000 Warriors (Volunteers) who work towards creating a better life today and tomorrow for the socially and economically underprivileged section of the society. The Foundation has eminent personalities as Board of Advisors with vast experience and commitment. Wockhardt Foundation is governed by a simple principle “Service to man is Service to God”. Wockhardt Foundation Initiatives include -- Right to vision, Little Hearts, De-Worm India, HIV-AIDS, (WHARF), Free Consultation, Smile Please, Mobile Health Reach, Khel-Khel Main, Voice and Human Values For Further information log onto: www.wockhardtfoundation.org. For further details please contact Sampark PR Kavita Bhaskaran Ph Number: 91- 9987355009 Archana Pradhan Ph Number: 91- 9820330505 Aziza Syed Ph Number: 91- 9820442412 Sweta Goyal Ph Number: 91- 9320778832 E-Mail: kavita.bhaskaran@sampark.com E-Mail: archana.pradhan@sampark.com E-Mail: aziza.syed@sampark.com E-Mail: sweta.goyal@sampark.com