CORPORATE SOCIAL RESPONSIBILITY POLICY

Introduction

Chalet Hotels Limited (CHL) is the hospitality arm of the K. Raheja Corp Group with a presence in 3 states across the country.

The Company/Group plays a relevant role in serving community and undertakes labour welfare measures at its Projects from time to time.

The Company endeavors to continuously learn from its experiences and adapt its policies and implementation strategy on an ongoing basis.

Scope

This policy is applicable to Chalet Hotels Limited, its Branches, Units and Offices at various locations.

Areas of Engagement

Since there are several opportunities/avenues to increase and deepen social impact the Company seeks to strategically consolidate the Company’s CSR initiatives to focus on discreet social problems aiming at sustainable social impact.

Mode

The activities shall be undertaken directly or through a registered trust, society or company established by CHPL or its subsidiary or associate companies. or any other foundations, trusts, or a section 8 company or any other form of entity with a track record of at least three years in carrying out activities in related areas.

The Company shall evaluate the credentials of the implementing entity and seek relevant documents, information and details. The Company may also collaborate with other companies or institutions for undertaking projects or programs for CSR activities.

Indicative list for CSR Expenditure

  • eradication of hunger, poverty and malnutrition, promotion of preventive healthcare measures, sanitation and making available safe drinking water;
  • promotion of education, including special education, employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects;
  • promotion of gender equality, empowerment of women, setting-up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
  • ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water;
  • protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts;
  • measures for the benefit of armed forces veterans, war widows and their dependents;
  • training to promote rural sports, nationally recognised sports, paralympic sports and Olympic sports;
  • contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government;
  • rural development projects.

Measuring and Reporting Outcomes and Impact

The CSR Committee shall monitor the impact of the activity/cause supported by it from time to time and periodically report on the same to the Board.

Corporate Social Responsibility Committee (CSR Committee)

A CSR Committee has been formed to be responsible for the decision making with respect to the Company’s CSR policy.

The Board level Committee to meet at least once a year to review the implementation of CSR projects/ programs and give suitable direction.

CSR Committee recommended the policy to the Board of Directors and they have approved this policy at the meeting held on 26th February, 2015.