Corporate Social Responsibility
The fact is, "Drucker wrote in his 1973 Management: Tasks, Responsibilities, Practices,
"that in modern society there is no other leadership group but managers. If the
managers of our major institutions, and especially of business, do not take responsibility
for the common good, no one else can or will."
Shriram Group has always believed that managing its business most efficiently and
in a cost effective manner is its primary duty to the society. Shriram Group also
believes that it can contribute to the common cause of the society by bringing in
the same level of corporate efficiency in the administration and management of the
various CSR initiatives.
Shriram Group established the Shriram Foundation in 1993 (incorporated initially
as Shriram Social Welfare Trust) and has been mainly focusing on the following:
- Orphan and destitute care
- Micro Finance and Micro Insurance