CSR Policies of HUL
Policy:
• HUL is committed to operate and grow its business in a socially responsible
way. Their vision is to grow the business whilst reducing the environmental
impact of operations and increasing the positive social impact.
• Their aim is to achieve responsible growth and inspire people to take small
actions to make a big difference.
• They have embraced Unilever Sustainable Living Plan (USLP). The USLP has
three global goals namely help more than a billion people take action to
improve their health and wellbeing, reduce the environmental footprint of
our products and enhance the livelihoods of people as we grow our
business.
CSR Principles
HUL’s CSR Policy is supported by the following principles:
• They are committed to conducting operations with integrity and respect, in the
interest of stakeholders, and in line with the Code of Business Principles.
• They believe growth and environmental sustainability need not be conflicting. Their
business model is designed to deliver sustainable growth. The inputs to the model
are their brands, people and operations. The outputs to the model are sustained
growth, lower environmental impact and positive social impact. The differentiator in
their business model USLP and the goal of sustainable living.
• They collaborate and engage with different stakeholders including Governments,
NGOs, IGOs, Suppliers, Farmers, and Distributors to tackle the challenges faced by
the society.
Governance mechanism
• HUL is committed to spend at least 2% of its average net profits made
during the three immediately preceding financial years in some of the
identified activities that are listed in Schedule VII of the Companies Act
2013.
• HUL follows structured governance procedures to monitor CSR activities.
Their CSR Policy is governed by the Board of Directors of the Company. The
Board has constituted a CSR Committee comprising of an Independent
Chair and a majority of Independent Directors to monitor the Policy and
the programmes from time to time.
Safe Drinking Water
Schedule VII Activity : Making available safe drinking
water
Execution Details Target and Timeline
• Pureit in-home water purifier • They aim to make safe drinking
provides water ‘as safe as water available and affordable
boiled water’, without the need to people from economically
for electricity or water. Pureit weaker sections of the society in
partners with NGOs across the partnership with microfinance
country to make safe drinking and NGO partners in India.
water accessible to people.
