Ambuja Cements Limited was felicitated on 19th July 2017 for receiving a 2 Good rating based on the CSR benchmarking tool developed by Times Group and KPMG.
Ambuja Cement is one of 7 Companies rated as 2 Good with brands such as ACC, BALCO, Tech Mahindra, Tata Motors, GAIL and Maruti Suzuki receiving the rating also.
Ms. Pearl Tiwari, CEO of Ambuja Foundation received the certificate on behalf of the Company, during the felicitation ceremony organised by Times Group and KPMG India in New Delhi.
2 Good 4 Good is the listing scheme for corporates based on their CSR performance and the selection process involves three phases:
- Application by the organisation
- Assessment
- Jury decision
The assessment was based on the following key elements:
- CSR governance policies and programs
- Functioning of CSR committee under the Board
- Disclosures related to CSR
- Stakeholder Management
- Program Strategy
- Monitoring and Evaluation
