Compliance
Our CSR Vision & Objectives:
Vision: – Our vision is to behave ethically & contribute to the Social, Economic and Environmental Development of the community in which we operate ensuring participation from the community and thereby create value for the nation.
Objectives:
- To set up the guiding principles for carrying out CSR
- To set up processes for promoting, investing, engaging, collaborating, implementing andmonitoring of the CSR activities to be undertaken by the
- To conduct its business in line with the Responsible Business
- To create superior value for our
- Implementation of the CSR activities in Projects/Programme mode through a focusedapproach for generating maximum
Our Activities:
Our focus areas where the CSR activities would be undertaken are as per Schedule VII of the Act:
- Eradicating hunger, poverty and malnutrition, [“promoting health care including preventive health care”] and sanitation [including contribution to the Swachh Bharat Kosh set-up by the Central Government for the promotion of sanitation] and making available safe drinking water.
- Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement
- Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.
- Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water [including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.
- Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional art and handicrafts;
- Measures for the benefit of armed forces veterans, war widows and their
- Training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports
- Contribution to the prime minister’s national relief fund or any other fund set up by the central govt. for socio economic development and relief and welfare of the schedule caste, tribes, other backward classes, minorities and women.
- Contributions or funds provided to technology incubators located within academic institutions which are approved by the central
- Rural development projects
- Slum area development
Explanation. – For the purposes of this item, the term ‘slum area’ shall mean any area declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force.
Disclosure:
The Company will comply with section 135(2), 135(4)(a) and 134(3)(0) and any other applicable provisions of the Act and will ensure to make a disclosure of its CSR Policy, Implementing agency, expenditure details and the composition of CSR committee of the Board.
Reporting:
In consonance with the section 134(3)(0), Companies are required to incorporate in their Annual Report, a special note on CSR containing the following:
- Outline of the Company’s CSR policy, with an overview of projects and Programmes to be undertaken and reference to the web-link to CSR
- Composition of CSR
- Average net profit of the Company for last three financial
- CSR expenditure (2% of the net profit for last three financial years).
- Details of expenditure on CSR during financial
- If the Company fails to spend 2% of the average net profit, the reason
Monitoring:
CSR Committee will review the progress on the CSR activities undertaken by the Company on a regular basis and report on the same to the Board.
The Composition of the CSR Committee is as under:
| S. No. | CSR Committee Member | Designation/Category | Role in the CSR Committee |
| 1 | Mr. Uday Shanker Karthikeyan | Managing Director | Chairman |
| 2 | Mr. Nathan Jared Schultz | Director | Member |
| 3 | Mr. Sam Prabhu Dayal Oguri | Director | Member |
Corporate Social Responsibility Annual Action Plan FY 2021-22
Chegg India Private Limited (‘the Company’) has formulated this Annual Action Plan for undertaking CSR activities during the financial year 2021-22 pursuant to provisions of Section 135 of the Companies Act, 2013 (“Act”) read with Rule 5(2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (as amended) and CSR Policy of the Company, which sets the target to make the contribution in areas or subjects, specified in the Company’s CSR Policy read with Schedule VII of the Companies Act, 2013.
1. Areas for CSR Contribution :
Our focus areas where the CSR activities would be undertaken are as per Schedule VII of the Act shall include but not limited to:-
Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects.
2. CSR Budget:
Amount for FY 2021-22
- Number of projects proposed: 1
- Average net profit of the company for last three financial years: INR 483,042,565
- Prescribed CSR Expenditure (two per cent of the average net profit of the company for last three financial years): INR 9,660,851
3. CSR Project /Program:
The list of CSR projects or programs that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act:
The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
4. Details of need and impact assessment, if any, for the projects undertaken by the company.
Since the average CSR obligation in the three immediately preceding financial years is less then Rs. 10 Crores and there is no project with an outlay of INR one (1) crore having been completed not less than one year, the provisions relating to the impact assessment under sub rule 3 of Rule 8 are not applicable to the Company.
The above CSR Annual Action Plan is approved by the Board of Directors as on the date of signature . The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
Corporate Social Responsibility Annual Action Plan FY 2022-23
Chegg India Private Limited (‘the Company’) has formulated this Annual Action Plan for undertaking CSR activities during the financial year 2022-23 pursuant to provisions of Section 135 of the Companies Act, 2013 (“Act”) read with Rule 5(2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (as amended) and CSR Policy of the Company, which sets the target to make the contribution in areas or subjects, specified in the Company’s CSR Policy read with Schedule VII of the Companies Act, 2013.
1. Areas for CSR Contribution:
Our focus areas where the CSR activities would be undertaken are as per Schedule VII of the Act shall include but not limited to: –
Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects.
2. CSR Budget:
Amount for FY 2022-23
Number of projects proposed: 2
Average net profit of the company for last three financial years: INR 61,61,20,391/-
Prescribed CSR Expenditure (two per cent of the average net profit of the company for last three financial years):
INR 1,23,22,408/-
3. CSR Project /Program:
The list of the CSR projects or programs that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act:
The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
4. Details of need and impact assessment, if any, for the projects undertaken by the company.
Not Applicable
The above CSR Annual Action Plan is approved by the Board of Directors. The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
Chegg India Private Limited (‘the Company’) has formulated this Annual Action Plan for undertaking CSR activities during the financial year 2023-24 pursuant to provisions of Section 135 of the Companies Act, 2013 (“Act”) read with Rule 5(2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (as amended) and CSR Policy of the Company, which sets the target to make the contribution in areas or subjects, specified in the Company’s CSR Policy read with Schedule VII of the Companies Act, 2013.
1. AREAS FOR CSR CONTRIBUTION:
Our focus areas where the CSR activities would be undertaken are as per Schedule VII of the Act shall include but not be limited to: –
Promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly, and the differently abled and livelihood enhancement projects.
2. CSR BUDGET:
Amount for FY 2023-24 Number of projects proposed: 2
Average net profit of the company for the last three financial years: INR 85,86,84,132/-
Prescribed CSR Expenditure (two percent of the average net profit of the company for the last three financial years): INR 1,71,73,683/-
3. CSR PROJECT /PROGRAM:
The list of the CSR projects or programs that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act:
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Sl. No. |
Names of CSR Projects/ Programmes |
Brief about the Programmes |
Modalities of utilization of funds |
Funds allocated |
Implemen tation Schedule |
Monitoring & Reporting Mechanism |
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1 |
Project “Scholarships” |
Chegg India agrees to support education programs leading to employment for the underprivileged students of ShikshaDaan through its CSR partner Shikshadaan Foundation. |
Through Implementation Agency ‘SHIKSHADAAN” |
INR 150, 61,000 |
On or Before 31st March 2024 |
The implementing partners will report on a quarterly basis the progress of the project activities, and the utilization of funds disbursed. Further the Board of Directors of a company shall satisfy itself that the funds so disbursed have been utilized for the purposes and |
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in the manner as approved by it and the Chief Financial Officer or the person responsible for financial management shall certify to the effect. |
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2 |
Project “Dry Ration(Food Packets) Distribution” |
Chegg India agrees to support “SEEDS”, it’s one of the CSR Partners for the purpose of distributing dry food packets to flood-hit areas of the affected families of Delhi- NCR and Himachal Pradesh. |
Through Implementation Agency ‘SEEDS” |
INR 21,12,800 |
On or Before 31st March 2024 |
The implementing partners will report on a quarterly basis the progress of the project activities, and the utilization of funds disbursed. Further the Board of Directors of a company shall satisfy itself that the funds so disbursed have been utilized for the purposes and in the manner approved by it and the Chief Financial Officer or the person responsible. for financial management shall certify to the effect. |
The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
4. Details of need and impact assessment, if any, for the projects undertaken by the Company:
Not Applicable
The above CSR Annual Action Plan is approved by the Board of Directors. The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
Chegg India Private Limited (‘the Company’) has formulated this Annual Action Plan for undertaking CSR activities during the financial year 2024-25 pursuant to provisions of Section 135 of the Companies Act, 2013 (“Act”) read with Rule 5(2) of the Companies (Corporate Social Responsibility Policy) Rules, 2014 (as amended) and CSR Policy of the Company, which sets the target to make the contribution in areas or subjects, specified in the Company’s CSR Policy read with Schedule VII of the Companies Act, 2013.
1. AREAS FOR CSR CONTRIBUTION:
Our focus areas where the CSR activities would be undertaken are as per Schedule VII of the Act shall include but not be limited to: –
Promoting education, including special education and employment enhancing vocation skills, especially among children, women, elderly, and the differently abled and livelihood enhancement projects.
2. CSR BUDGET:
Amount for FY 2024-25 Number of projects proposed: 5
Average net profit of the company for the last three financial years: INR 90,46,62,750/-
Prescribed CSR Expenditure (two percent of the average net profit of the company for the last three financial years): INR 1,80,93,255/-
3. CSR PROJECT /PROGRAM:
The list of the CSR projects or programs that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act:
|
Sl. No. |
Names of CSR Projects/ Programmes |
Brief about the Programmes |
Modalities of utilization of funds |
Funds allocated |
Imple mentat ion Schedu le |
Monitoring & Reporting Mechanism |
|
1 |
Project “Scholarships” |
Chegg India agrees to support education programs leading to employment for the underprivileged students of ShikshaDaan through its CSR partner Shikshadaan Foundation. |
Through Implementation Agency ‘SHIKSHADAAN” |
INR 95,00,000/- |
On or Before 31st March 2025 |
The implementing partners will report on a quarterly basis the progress of the project activities, and the utilization of funds disbursed. Further the Board of Directors of a company shall satisfy itself that the funds so disbursed have been utilized for |
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the purposes and in the manner as approved by it and the Chief Financial Officer or the person responsible for financial management shall certify to the effect. |
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2 |
Project ‘Avacyam (Trash to Cash) Workshop drive’ |
Chegg India agrees to support “Society for Child Development”It’s one of the CSR Partners for the purpose of implementing the project of making incense sticks from floral waste gathered in temple, wherein the project is aimed at recycling the said waste. |
Through Implementation agency “Society for Child Development” |
INR 54,000/- |
On or before 30th June 2024 |
The implementing partners will submit one-time report on the progress of the project activities, and the utilization of funds disbursed. Further the Board of Directors of a company shall satisfy itself that the funds so disbursed have been utilized for the purposes and in the manner as approved by it and the Chief Financial Officer or the person responsible for financial management shall certify to the effect. |
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3. |
Project ‘Food Donation Drive’ |
Chegg India agrees to support “Manav Mandir Mission Trust”, it’s one of the CSR Partners for the purpose of implementing food donation drive aimed at alleviating hunger |
Through Implementation agency “Manav Mandir Mission Trust” |
INR 1,71,600/- |
On or before 30th June 2024 |
The implementing partners will submit one-time report on the progress of the project activities, and the utilization of |
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and malnutrition amongst the weaker section of society. |
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funds disbursed. Further the Board of Directors of a company shall satisfy itself that the funds so disbursed have been utilized for the purposes and in the manner as approved by it and the Chief Financial Officer or the person responsible for financial management shall certify to the effect. |
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4. |
Project “Learning (Book Donation Drive)” |
Chegg India agrees to support “Sugam NGO”, it’s one of the CSR Partners for the purpose of donating books aimed at providing quality education and holistic development opportunities to underprivileged children. |
Through Implementation agency “Sugam NGO” |
INR 5,39,628/- |
On or before 30th June 2024 |
The implementing partners will submit one-time report on the progress of the project activities, and the utilization of funds disbursed. Further the Board of Directors of a company shall satisfy itself that the funds so disbursed have been utilized for the purposes and in the manner as approved by it and the Chief Financial Officer or the person responsible for financial management shall certify to the effect. |
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5. |
Project “On- the-job training (OJT)/skill development opportunity to fresh graduates and under graduates ” |
Chegg India agrees to support “Board of Apprenticeship Training”, for the purpose of imparting on-the- job skill training to fresh graduates and under graduates under National Apprenticeship Training Scheme (NATS) aimed at engendering work ethics, culture and organizational skills amongst the trainees. |
Direct |
INR 76,80,522/- |
On or before 31st March, 2025 |
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The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.
4. Details of need and impact assessment, if any, for the projects undertaken by the Company: Not Applicable
The above CSR Annual Action Plan is approved by the Board of Directors. The CSR Committee may also approve changes in the above activities/ programs from time to time and recommend the same to the Board.