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Monday, February 13, 2017

ACF Bags FICCI CSR Award 2015-16

ACF has won the FICCI CSR Award 2015-16 under ‘Category 5 – Any Other’ for its Water Resource Management Program.
The Award was presented to Mr. Chandrakant Kumbhani and Mr. Brajesh Singh Tomar by Ms. Rajashree Birla, Mr. Narendra Singh Tomar and Dr. H Chaturvedi in a special ceremony on December 21, 2016.
The application for the award followed a three-stage rigorous assessment process that included desktop verification, on-site visit and assessment by the Jury of experts. The assessment was based on the issue, target population, scale, location, replicability, sustainability, innovation, scalability, participation, finances and impact.
Water Resource Management is one of the biggest initiatives of Ambuja Cement Foundation, the CSR arm of Ambuja Cements Ltd. For over 23 years, ACF has been adopting traditional knowledge and latest technology to mitigate the problem of water scarcity in its locations.
The initiative has yielded very encouraging impact such as pushing back the salinity in Kodinar (Gujarat), reviving old water harvesting structures in Rajasthan, and watershed development in Darlaghat (Himachal Pradesh).
Due to these efforts, Ambuja Cement has also been certified as a ‘4 times water positive’ company.  In fact, the recent external study conducted for calculating social returns on investment showed positive returns as high as 13 times in Kodinar and 5 times in Rabriyawas (Rajasthan). 

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