Samsung Heavy Industries India Pvt. Ltd.

Corporate Social Responsibility Policy (CSR Policy)

1. Organization Profile & Introduction

Samsung Heavy Industries (SHI), part of the largest South Korean conglomerate, puts its main focus on shipbuilding and offshore business. The company executes EPCCI (Engineering, Procurement, Construction / Commissioning, Installation) projects of high value for Oil & Gas projects including FPSO/FSO, Fixed Offshore Platforms, Drill Rigs and Drill Ships and Module and Package engineering.

Samsung Heavy Industries India Private Limited (SHI-I), part of Samsung Heavy Industries, started its operation in June-2007 with a clear vision, commitment and priorities to provide design engineering services for large international offshore, oil and gas projects. The core team of SHI-I consists of specialists mostly from offshore engineering field with experience of working in a global environment. Top line includes highly experienced and prominent personnel from the offshore industry. Workforce puts forth a mix of young and dynamic talent and a rich experience of offshore engineering in international projects.

At SHI-I, top priority is given to Customer Satisfaction, Quality Services and Environmental Protection. The Management is committed to provide high quality services and provides all support and facilities towards achieving desired quality in all its processes and deliverables. By proper planning and utilization of resources the Management ensures that objective of the organization is met within agreed cost and schedule.


2. Vision

Our vision is – "to actively contribute to the social and economic development of the communities in which we operate. In so doing build a better, sustainable way of life for the weaker sections of society and raise the country's human development index.


3. Statement



4. History

Since 2013, SHI-I has actively performed social contribution activities to help its needy neighbors, based on a corporate philosophy of sharing and co-prosperity.

Our core olunteer group of SHI-I “SHARE” operates a wide range of program theme based on a spirit of sharing. Our Programs, which are customized for target regions and beneficiaries including environment clean-up, youth mentoring, sisterhood relationship building with needy teenagers, scholarship support, a computer class, blood donation, women empowerment, vocational education etc.

In order to develop teenagers, who will be the leaders of the future, SHI-I has designed a Dream Class in Government. Girls and Boys Secondary School, New Delhi and donated computer laboratory. The basic objective of Dream Class team is to provide helping hand to the students in the field of education by enhancing their basic knowledge and to develop their personalities which will add to the overall growth of children. For the less fortunate children studying in Government Schools, it is an opportunity to fulfill their dreams and to compete on equal footing with the world. Through Dream Class Project we aim to provide wings to the dreams of these children and help them achieve greater heights.

Recently SHI-I has announced “Samsung Scholarship” for the bright minds who will be selected based on the tests conducted by our tutors and through evaluation. Our management wishes to provide financial aid to the selected students for their higher education.

Various fun-filled and interactive activities are also conducted at regular intervals which children enjoy and also learn from.


5. CSR Activities


(a) Eradicating hunger, poverty and malnutrition.

(b) Promoting health care including preventive health care and sanitation including contribution to the Swach Bharat Kosh set up by the Government for promotion of sanitation. 

(c) Making available safe drinking water.


(a) Promoting education  including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled.

(b) Livelihood enhancement projects.


(a) Promoting gender equality.

(b) Empowering women.

(c) Setting up homes and hostels for women and orphans.

(d) Setting up old age homes, day care centers and such other facilities for senior citizens.

(e) Measures for reducing inequalities faced by socially and economically backward groups.  


(a) Ensuring environmental sustainability.

(b) Ecological balance.

(c) Protection of flora and fauna.

(d) Animal welfare.

(e) Agroforestry.

(f) Conservation of natural resources.

(g) 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.


(a) Protection of national heritage, alt and culture including restoration of buildings and sites of historical importance and works of art.

(b) Setting up public libraries.

(c) Promotion and development traditional art and handicrafts.

6.  Measures for the benefit of armed forces veterans, war widows and their dependents.  

7.  Training to promote 

(a) Rural sports.

(b) Nationally recognized sports.

(c) Paralympic sports. 

(d) Olympic.

8. Contribution to 

(a) The Prime Minister's National Relief Fund or 

(b) Any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Caste, the Scheduled Tribes, other backward classes, minorities and women. 

9.  Contribution or funds provided to technology incubators located within academic institutions which are approved by the Central Government.

10. Rural development projects.

11. Slum area development.

SHI Focus Area:

  • Education, 
  • Health care, 
  • Sustainable livelihood, 
  • Infrastructure development,
  • Espousing social causes

In Education, our endeavor is to spark the desire for learning and knowledge at every stage through 

  • Formal schools
  • Quality primary education
  • Girl child education
  • Adult education Programs

In Health care, our goal is to render quality health care facilities to people living in the villages and slums

  • Primary health care centers
  • Mother and child care projects
  • Immunization programs with a thrust on polio eradication
  • Preventive health through awareness programs 

Providing livelihood in a locally appropriate and environmentally sustainable manner through

  • Groups for women empowerment
  • Vocational training 

Infrastructure Development we endeavor to set up essential services that form the foundation of sustainable development through

  • Safe drinking water
  • Sanitation & hygiene
  • Renewable sources of energy

To bring about Social Change we advocate and support

  • Dowry less marriage
  • Widow remarriage
  • Awareness programs on anti-social issues
  • De-addiction campaigns and programs

To pursue CSR Programs primarily in areas those fall within the economic vicinity of the Company's operations to enable close supervision and ensure maximum development impact.

To carry out CSR Programs in relevant local areas to fulfill commitments arising from requests by government/regulatory authorities and to earmark amounts of monies towards "Corporate Social Responsibility (CSR)" activities and to spend such monies through CSR Cells of such administrative bodies of the government and/or directly by way of developmental works in the local areas around which the Company operates.


6. CSR Budget

  • The Board shall ensure that in each financial year, Samsung spends at least 2 per cent of the average net profit made during the three immediately preceding financial years.
  • The computation of average net profits will be carried out in accordance with the provisions of Section 198 of the Companies Act, 2013.
  • The unutilized CSR budget from the 2 per cent of the average net profit will be put back into CSR activities of the succeeding year.
  • The surplus arising, if any, out of the CSR projects or programs or activities shall not form part of the business profit of a company.


7. CSR Governance Structure


8. Roles and Responsibilities

Board of Director

  • Approve CSR policy as recommended, after taking into account the recommendation made by CSR Committee, Approve Corporate Social Responsibility Policy for the Company.
  • Disclosure of content of CSR policy in Board Report and also placed on the Company Website. 
  • Ensure the activities as included in CSR Policy are undertaken by the Company.

CSR Committee

1. Composition of the CSR Committee

Sr. No. Name Designation
1 Jin Mo Kim Director
2 Taehun Kim Director


2. Responsibility of the CSR Committee

  • Formulate and recommend to the Board, a Corporate Social Responsibility Policy.
  • Indicate the activity to be undertaken by the Company as specified in Schedule VII Recommend the amount of expenditure to be incurred on the activity.
  • Monitor the CSR Policy of the Company from time to time.

CSR Team

  • CSR Team shall be responsible for the execution of the project as approved by the CSR Committee.
  • CSR Team shall give feedback to the CSR Committee for the purpose of improvement.


9. Mode of Operation

The CSR can be done by the Company by one or in combination of the following;

  • By themselves as per CSR Policy
  • CSR activity through (a) a registered trust or (b) a registered society provided it shall have an established track record of three years in undertaking similar programs or projects. The company has specified the project or programs to be undertaken through these entities, the modalities of utilization of funds on such projects and programs and the monitoring and reporting mechanism.
  • A company established by the Company or its holding or subsidiary or associate Company.
  • Collaboration with other Company for CSR as far as they are in position to report separately on such project or programs.
  • CSR shall be done in India.
  • Activities for the benefits only the employee or their family shall not CSR.
  • Expenditure including expenditure on administrative overheads shall not exceed 5 per cent of total CSR expenditure of the Company in one financial year in cases where CSR activities are undertaken by own or in Collaboration with others with a tract record.
  • Contribution to political parties not from CSR.

10. Implementation Framework

CSR implementation in a systematic way—in harmony with the Company’s mission, and sensitive to its business culture, environment and risk profile, and operating conditions. CSR can be phased in by focusing carefully on priorities in accordance with resource or time constraints. Alternatively, more comprehensive and systematic approaches can be pursued when resources and overall priorities permit or require. The bottom line is that CSR needs to be integrated into the Company’s core decision making, strategy, management processes and activities, be it incrementally or comprehensively.




(Conceptual phase)

(Task delineation)

(Checkpoints on the journey)





1.Conduct a CSR


• Assemble a CSR leadership team;

• Develop a working definition of CSR;

• Identify legal requirements;

• Review corporate documents, processes and activities,

   and internal capacity; and

• Identify and engage Core Team.

2. Develop a CSR


• Build support with CEO, senior management and


• Research what others are doing, and assess the value

   of recognised CSR instruments;

• Prepare a matrix of proposed CSR actions;

• Develop ideas for proceeding

• Decide on direction, approach, boundaries and focus






3. Develop CSR


• Do a scan of CSR Core Team

• Hold discussions with major NGO's

• Create a working group to develop the commitments;

• Prepare a preliminary draft; and

• Consult with affected people of the Society.

4. Implement CSR

    Core Team

• Develop an integrated CSR decision-making structure;

• Prepare and implement a CSR business plan;

• Set measurable targets and identify performance


• Engage employees and others to whom CSR

    commitments apply;

• Design and conduct CSR training;

• Establish mechanisms for addressing problematic


• Create internal and external communications plans;

• Make commitments public.





5. Assure and Report

   on Progress

• Measure and assure performance;

• Engage Core Team

• Report on performance, internally and externally.






6. Evaluate and


• Evaluate Performance

• Identify opportunities for improvement; and

• Engage Core Team



One Cycle Completed

Return to plan and start the next cycle.