As part of its Corporate Social Responsibility (CSR) interventions in community development, Godrej & Boyce, the flagship company of the Godrej Group, has created 193 women-led companies.
MUMBAI: Development of communities is the main function of corporate social responsibility (CSR) initiatives in India. CSR programs bring much-needed changes to communities in terms of access to essential services, initiation of behavioral changes for the benefit of society, and creation of opportunities that accelerate the socio-economic advancement of disadvantaged groups.
As part of its Corporate Social Responsibility (CSR) interventions in community development, Godrej & Boyce, the flagship company of the Godrej Group, has established 193 women-led enterprises including 157 Self Help Groups (SHGs), generating a total revenue of Rs 43 Lakh. Is. .
The women-led SHGs formed by the company undertake agriculture-related activities such as floriculture, poultry farming, and paddy nurseries. Other women-led companies provided equipment for the production of various products such as agarbatis, beauty products, oils, etc.
Talking about the benefits of women’s entrepreneurship, Ashwini Deodshmukh, Head, CSR and Sustainability Reporting, Godrej & BoyceHe said: “Many studies have shown that increasing women’s income has positive effects on the well-being of their families because they tend to spend a large part of their income on health and education. “Women entrepreneurs also help change gendered expectations of women’s roles in society, thereby paving the way for greater participation of women in education and livelihood opportunities.”
Emphasizing the importance of holistic rural development, he added: “Most problems and their solutions are interdependent.” For example, the health of a woman or a child affects their ability to learn or work. Therefore, it is necessary to have a comprehensive view of community development. At Godrej & Boyce, we believe in examining the underlying causes that may adversely affect the well-being of individuals as well as society. Ensuring access to basics such as education, water and improved healthcare provides a strong foundation for further development of communities. We empower rural communities through supportive solutions to increase income. These initiatives focus on harnessing the power of groups for women’s enterprises, agriculture and fishing activities.”
Empowering women in disadvantaged communities is essential for the well-being and progress of each household as well as the entire society. With additional income, women prioritize children’s education and family members’ health care, thus raising the family’s standard of living and securing their future. Women are an integral part of societies and their participation in social and economic fields is very important for social and economic progress. Encouraging women to decide on decision-making roles also affects how women’s roles are understood in society. In communities, it helps change mindsets about girl child education.
Godrej & Boyce is committed to the development of communities and the environment. Through its processes and products, the organization aims to promote the vision of Good & Green to create sustainable and inclusive growth for all.