Corporate Social Responsibility
Au FINANCIERS (INDIA) LIMITED actively works towards fulfilling its social responsibilities by reaching out to the underprivileged sections form the rural areas. Inspiring, facilitating, and supporting entrepreneurs come to us naturally.
Supporting Children Emotionally
Au FINANCIERS (INDIA) LIMITED with joint efforts of HECARDS construct “Au Kids Zone” at J.K. Lon Hospital (JLN Marg, Near Trimurti Circle), Largest Children’s Hospital in State of Rajasthan. The initiative are made under Corporate social responsibility by the company which would provide environment for children for feel delighted and get well faster.
Au Kids Zone is constructed near the lobby area which is before treated as waste part of the hospital. HECARDS with its heartfelt contribution implement the area and installed many colourful swings and slides for children. The full initiative is sponsored by Au FINANCIERS with amount of Rs. 9,00,000.
Education for the underprivileged
Children can be a powerhouse of ideas and talent if exposed to right education. Company is providing financial assistance for operating School in the Jaipur District to “Pratham Shiksha Charitable Trust” an organization committed to promote and support basic education for underprivileged children from backward and low income segment. Pratham Shiksha works by collecting funds through personal and corporate contributions, and canalizing them to support efforts in poor society which are in line with its mission.
The Company is also providing financial assistance to “Umang Foundation” an organization committed to participating in blood donation camps, clothes collection drives, pledging their support to eye care and eye donation, helping in promoting education by donating books, stationery, distribution of notepads to students, school dress, school bags, text books & other stationary, nutrition fees & education support to HIV positive etc.
We sponsor education for our employees’ children belonging to economically weaker sections. We takeover complete cost of their education, and relieve them of their financial burden.
Company is supporting and contributes to “Akshaya Patra” an NGO providing services to under-privileged children in India working with a vision that “No child in our country should be hungry. And hunger should not be an obstacle for education.” Akshaya Patra provides Mid-meal to more than 1.4 Million under-privileged children every day in India. Their Mission is to feed 5 million children daily by 2020. This ensures that parents allow children to study further as well as attend classes. Many of underprivileged children in India are out of school and into child labour in order to earn a single meal in a day. The surest way to break out of the cycle of poverty is through education. Akshaya Patra is helping underprivileged children by providing them with a healthy, balanced meal that they would otherwise have to work for. The meal is an incentive for them to continue their education. It helps reduce the dropout rate to an enormous extent and increases classroom attendance.
Environmental Friendly vehicles
We have established an Environmental and Social Risk Management Framework (ESMF) from September 2010, in association with SIDBI. Our thrust towards MSE lending picked up in real terms after partnering with IFC-World Bank-SIDBI and we intend to carve a niche for ourselves in this domain with such similar initiatives.
As a conscious effort, most of our lending for vehicle finance is for vehicles with greater fuel efficiency, lower emission, and new technologies like CNG/ LPG. Au FINANCIERS (INDIA) LIMITED is a frontrunner in the state of Rajasthan for phasing out old three wheelers operating on Diesel and Petrol engines and introducing newer CNG/ LPG based vehicles. Financing of 3 wheeler with LPG/CNG kit is “green initiative” by the Company as a result of focus on supporting vision of Govt. of India to reduce emission of green house gases.
The Company ensures that necessary mechanisms are in place to analyse social and environmental risks as well as to take prudent decisions as far as granting financial endowments to our clients are concerned.
Other Social and Environment work
We also understand that the SRTO and small and medium-sized enterprises (SMEs) are among the most important sectors of India’s economy. Owing to their labor intensive operations, they provide employment opportunities for millions of individuals and have contributed largely towards the overall economic development of the nation Assessing and examining all projects proposed for their direct financing from a socio-environmental point of view and the customer’s commitment and Capacities to prevent, reduce, mitigate and manage the possible negative impacts on society or the environment.
We provide “concentrated financing” of vehicles that
- Save fuel by employing fuel efficient and technologically advanced engines
- Conserve the environment by reducing emission
- These are BHARAT/ EURO compliant
- Function on LPG/ CNG