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CSR STRATEGY AND OBJECTIVES

1) Enhance the quality of life of underprivileged communities
2) Promoting education
3) Promote environmental sustainability
4) Provide access to essential healthcare 
5) Support education and skill development to improve employability 
6) Foster inclusive growth and community development

COMPANY OVERVIEW

Prevest DenPro Limited is a forward thinking company dedicated to improving the lives of individuals and communities through sustainable development initiatives. In the financial year 2023-24, the company focused its corporate Social Responsibility (CSR) efforts on key areas such as eradicating hunger and poverty, environmental development , healthcare, education, and skill development. This detailed report outlines the various projects undertaken, the financial commitment involved, and the impact achieved through these initiative.

PROMOTING

EDUCATION

Prevest DenPro Limited believes in the transformative power of education and has undertaken several initiatives to promote education in various communities.

1) SCHOLARSHIP PROGRAMS FOR DENTAL STUDENTS (BDS AND MDS)

2) SUPPORT FOR STUDENTS IN FINANCIAL NEED

In addition to scholarship programs, Prevest Denpro Limited provides support to students who face financial challenges in paying their monthly tution fees. To ensure that financial constraints do not hinder deserving students from continuing their education in dental studies.

3) ADOPTION OF A GOVERNMENT SCHOOL IN BADORI SMAILPUR, SAMBA, JAMMU AND KASHMIR

Prevest DenPro Limited has adopted a government school located in Badori Smailpur, Samba, Jammu and Kashmir. The company undertook several initiatives to improve the school's infrastructure and learning environment:

Whitewashing and cleaning: The entire school premises were whitewashed and cleaned to provide a better learning environment.

Provision of Drinking Water: The school was equipped with a Reverse Osmosis (RO) system and a refrigerator to ensure clean and safe drinking water for students and staff.

Scholarships: Scholarships were provided to the best performer in each class to encourage academic excellence.

ERADICATING HUNGER

AND POVERTY

TO ALLEVIATE HUNGER AND PROVIDE BASIC NECESSITIES TO UNDERPRIVILEGED COMMUNITIES.

One of the core areas of Prevest DenPro Limited's CSR activities has been the eradication of hunger and poverty. Recognizing the critical need to support vulnerable populations.

By directly addressing the issue of hunger and poverty, Prevest DenPro Limited helped improve the overall well being and quality of life of many individuals who struggle to meet their daily nutritional needs.

APPRENTICESHIP PROGRAM UNDER THE APPRENTICESHIP ACT

To provide practical training and enhance the employability of apprentices
  • In alignment with the Apprenticeship Act, Prevest DenPro Limited committed to hiring apprentices beyond the minimum legal requirement, thus contributing to skill development and employment opportunities for young individuals.
  • Partnering with the National Apprenticeship Training Scheme (NATS) to provide structured training programs.
  • Offering apprenticeships in various departments such as production, quality control, research and development, and administration.


Impact
These apprentices received hands-on training and mentorship, equipping them with valuable skills and increasing their chances of securing permanent employment.

 

ENVIRONMENT

DEVELOPMENT

To enchance green cover and maintain
public parks for community use

Environmental sustainability is a key focus area for Prevest DenPro Limited. The company undertook various projects aimed at preserving natural resources and promoting green spaces. Regular maintenance of public parks, including landscaping, irrigation, and waste management.

Impact

Maintained three public parks, enhancing their usability and aesthetic value for community members.
The environmental initiatives not only improved the ecological balance but also provided recreational spaces for communities, promoting healthier lifestyles and social well-being.

HEALTHCARE

INITIATIVES

To provide medical support and improve the quality of life for a child with hearing and speech impairments.

Prevest DenPro Limited recognizes the importance of accessible healthcare and has implemented several projects to support individuals in need of medical assistance.

Activities: Funding comprehensive medical treatment, including hearing aids, cochlear implants, and regular speech therapy sessions. Coordinating with specialized healthcare providers and therapists to ensure the child receives the best possible care.

Beneficiary: A baby girl suffering from congenital hearing and speech issues.

Impact: The treatment significantly improved the child's ability to hear and speak, enabling her to lead a more normal and fulfilling life. Enhanced the family's ability to support the child's development and integration into mainstream education and social activities.

DONATION TO

INDIAN DENTAL ASSOCIATION

To promote oral health awareness and preventive care

Activities:
1) Donated funds to the Indian Dental Association to support awareness campaigns and educational programs on oral hygiene
2) Organized workshops and seminars on oral health for school children and adults, focusing on preventive care.
3) Distributed free dental care kits, including toothbrushes, toothpaste, and educational materials.

Impact: The campaigns reached over 10,000 people, educating them about the importance of oral care and preventive measures to avoid dental diseases.
Improved oral hygiene practices among participants, leading to better dental health outcomes.

 

MEDICAL CAMPS FOR

DENTAL CARE AWARENESS

To provide free dental check-ups and raise awareness about dental hygiene.

Activities:

Organized medical camps in various locations, offering free dental check-ups and educational sessions. Collaborated with local dentists and healthcare professionals to provide high-quality services.

Beneficiaries:

Over 500 individuals, including children and adults.

Impact: 

1) The medical camps provided much-needed dental care services and educated the community on maintaining good oral health practices.

2) Early detection and treatment of dental issues, preventing more serious health problems in the future.

3) Through these healthcare initiatives, Prevest DenPro Limited addressed critical health issues and contributed to the overall well-being of the community.

SKILL TRAINING AND

VOCATIONAL TRAINING FOR GIRLS

To enhance the employability of girls through skill development programs.

Empowering women through education and skill development is a crucial part of Prevest DenPro Limited's CSR strategy. The company partnered with the ICA to provide vocational training to girls, creating new employment opportunities.

Activities
1) Provided training in various vocational skills, including computer literacy.
2) Organized workshops on financial literacy, entrepreneurship, and personal development.
Partners: ICA
Number of Trainees: 30 girls

Impact: 
The training programs equipped the girls with marketable skills, improving their chances of securing employment and achieving financial independence.

IMPORTANT ASPECT

ADMINISTRATION
EXPENSES

EXCESS SPENT IN
PREVIOUS YEAR

UNSPENT CSR
AMOUNT

Prevest Denpro Limited incurred administrative expenses amounting to 1.30 lakhs for managing its CSR initiatives during the financial year 2023-24. These expenses include overhead costs related to planning, implementation, and monitoring of CSR projects

In the previous financial year, Prevest Denpro Limited spent an excess amount of 0.64 lakhs on CSR initiatives beyond the allocated budget. To rectify this excess spending, the company has adjusted this amount against its current year CSR obligation.

For the financial year 2023-24, Prevest Denpro Limited reports an unspent CSR amount of INR 3 lakh. This unspent amount will be allocated towards the ongoing project with the Indian Dental Association. To ensure transparency and accountability. a separate bank account has been opened specifically for the unspent CSR funds of the year.