Corporate Overview Statutory Reports Financial Statements

Directors' Report

Annexure - 4
CSR Report - 2017
1. A brief outline of the company’s CSR policy, including overview of projects or programs proposed to be undertaken and a reference
to the web-link to the CSR policy and projects or programs.
Hexaware Technologies Limited (Hexaware) is committed to contributing towards its societal responsibilities beyond statutory obligations.
HEXAWARE’s Corporate Social Responsibility (CSR) initiative aims to broaden the vision of being accountable to the community and the
environment.
Our belief in good citizenship is a driver to create maximum impact through our CSR programs in areas of:
1. Education
2. Environment
3. Health and sanitation
4. Sports, arts and culture
5. Natural calamities and disaster
6. Rural development
7. Supporting large-scale causes such as disaster relief or any other cause as determined by HEXAWARE’s CSR Committee
The CSR Policy adopted by Hexaware is available in the given web link:
http://hexaware.com/fileadd/csr-policy.pdf
2. The Composition of the CSR Committee.
HEXAWARE has constituted a robust governance structure to oversee the implementation of the CSR projects, in compliance with the
requirements of Section 135 of the Companies Act, 2013.
The members of the CSR committee as on December 31, 2017:

Name Designation

Mr. Bharat Shah Chairman

Mr. Atul Nishar Member

Mrs. Meera Shankar Member

Mr. Christian Oecking Member

3. Average net profit of the company for last three financial years - INR 4,148.71 million
4. Prescribed CSR Expenditure (two per cent. of the amount, as in item 3 above) - INR 82.97 million
5. Details of CSR spent during the financial year.
(a) Total amount to be spent for the financial year: INR 82.97 million
(b) Amount unspent, if any: INR 12.80 million

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(c) Manner in which the amount spent during the financial year is detailed below.

S.No. CSR Project or activity Sector in which project is Projects or Amount Outlay Amount spent Cumulative Amount Spent:
identified covered Programs (budget) on on the projects expenditure up Direct or through
Project or or programs to the reporting implementing agency
Programs (` in million) period (` in
(` in million) million)

1. Local area or 1. Direct

other Expenditure

2. Specify 2. Overheads
the state and
district where
projects or
programs were
undertaken

1 Vocational training Promoting employment Chennai 4.06 2.72 3.96 Through implementing
centre and support for enhancing vocation agency: V- Excel
Persons with Disability skills and livelihood Educational Trust
enhancement projects
among differently abled

2 Digital and Financial Promoting education Chennai 2.98 1.35 2.77 Through implementing
Education agency: America India
Foundation Trust

3 Digital literacy program
for employability
Promoting employment Mumbai and 9.12 6.88 8.49 Through implementing
enhancing vocation Pune agency: Smile Foundation
skills and livelihood
enhancement among
youth

4 Udaan and Umeed- Eradicating hunger, Mumbai 3.32 2.99 2.99 Through implementing
Empowerment of poverty and malnutrition, agency: Apne Aap
Women and their promoting education Women’s Collective
children by providing
alternative livelihood
opportunities for women
in red light area

5 Clean and Safe Ensuring environmental Chennai, Pune 11.15 6.27 7.25 Direct
Neighbourhood sustainability and Mumbai

6 Antar Bharti Balgram Eradicating hunger, Lonavala 4.66 2.51 3.23 Through implementing
Yojna - Holistic poverty and malnutrition, agency: India
development of promoting preventive Sponsorship Committee
underprivileged children health care and sanitation,
promoting education,
enhancing vocational
skills, livelihood
enhancement

7 Supporting digital Promoting education Pune 19.09 14.26 15.46 Through implementing
literacy agency: Avasara
Leadership Institute

8 Holistic development Eradicating hunger, Pune, Bangalore, 5.65 4.52 5.65 Through implementing
and nurturing of poverty and malnutrition, Chennai agency: SOS Children’s
underprivileged children promoting preventive Village
health care and sanitation,
promoting education,
enhancing vocational
skills, livelihood
enhancement

9 Healthcare initiative Promoting preventive Chennai 1.00 0.98 0.98 Direct

using IOT health care

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 Corporate Overview Statutory Reports Financial Statements
Directors' Report

S.No. CSR Project or activity Sector in which project is Projects or Amount Outlay Amount spent Cumulative Amount Spent:
identified covered Programs (budget) on on the projects expenditure up Direct or through
Project or or programs to the reporting implementing agency
Programs (` in million) period (` in
(` in million) million)

10 Promoting children Promoting education Mumbai 0.67 0.67 0.67 Through implementing
education agency: Save the
Children

11 Promoting children Promoting education Mumbai 0.19 0.19 0.19 Through implementing
education agency: Vidya and Child

12 Promoting education for Promoting education Mumbai 0.67 0.67 0.67 Through implementing
person with disability including special education agency: Helen Keller
International

13 Training people with Promoting education Mumbai 0.41 0.41 0.41 Through implementing
disability including special education agency: Jai Vakeel
Foundation

14 Providing education to Promoting education Mumbai 0.67 0.67 0.67 Through implementing
the underprivileged agency: Teach to Lead

15 Providing vocational Promoting education, Mumbai 0.25 0.25 0.25 Through implementing
training to person with including special education agency: Manav
mental disability and employment Foundation
enhancing vocational skills

16 Promoting Education Promoting Education Mumbai 0.52 0.52 0.52 Through implementing
agency: United Way

17 Promoting hygiene, Promoting Education Mumbai 6.00 5.40 5.40 Through implementing
sanitation practices in agency: Yuva
10 Government Schools Unstoppable

18 Providing complete Eradicating hunger, Chennai 5.40 4.86 4.86 Through implementing
care program including poverty and malnutrition, agency: Rainbow Homes
healthcare and promoting preventive
education support to health care and sanitation,
girls on living on the promoting education
streets

19 Providing training to Promoting education, Pune and 3.54 3.19 3.19 Through implementing
people with disability to including special education Mumbai agency: Trrain
get employment in retail and employment
industry enhancing vocational skills

20 Providing Scholarship to Promoting Education Pune 4.00 3.20 3.20 Through implementing
200 underprivileged and agency: IDEA
meritorious students to
support higher studies

21 Providing digital literacy Promoting Education Chennai 5.00 2.00 3.00 Through implementing
in 10 Government agency: Team Everest
Schools through setting
up of computer labs

22 Providing support to Promoting Education Mumbai 5.00 3.00 3.00 Through implementing
students to take up agency: Space Kids India
interest in Aerospace,
Aeronautics, Robotics

23 Monitoring, - 2.66 2.66 2.66

Evaluation of projects,
administrative and other
expenses

Total 96.01 70.17 79.47

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6. In case the company has failed to spend the two per cent, of the average net profit of the last three financial years or any part
thereof, the company shall provide the reasons for not spending the amount in its Board report.
The overall CSR Expenditure has increased from INR 41.21 million during the financial year 2016 to INR 70.17 million during the financial
year 2017. During the financial year 2017, the Company has partnered with implementing agencies of repute and has committed to
incur expenditure for CSR initiatives in the coming years through structured programs and projects. These projects and programmes are
ongoing and have a qualitative longer term impact on the beneficiaries. Hexaware has achieved to 84.57% of CSR obligation.
Hexaware stays committed to its corporate social responsibility and intends to continually increase the impact of its CSR initiatives. The
Company will make concerted efforts to spend the prescribed CSR amount in the subsequent years.
7. A responsibility statement of the CSR Committee that the implementation and monitoring of CSR Policy, is in compliance with CSR
objectives and Policy of the company.
The implementation and monitoring of our CSR Policy is in compliance with the CSR objectives and policies as laid down in this report. The
CSR Committee of the Board is responsible for the integrity and the objectivity of all the information provided in the disclosure above.
All the projects reported have been considered and undertaken with the best of our intentions to contribute to the greater good of the
society. We have undertaken and implemented these projects with careful consideration and these projects are aligned with our vision as
provided in our CSR Policy. In line with the requirements of the Companies Act, 2013, we have also instituted monitoring mechanisms to
ensure the projects go on smoothly as planned.

R Srikrishna Bharat Shah

CEO and Executive Director Chairman CSR Committee

Place : Mumbai
Date : April 03, 2018

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