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LOVELY PROFESSIONAL UNIVERSITY

Academic Task II

Name: T. lokanadham Reddy


Reg no. 11810601
Roll no: A41

Name of the faculty member: Dr. NEHA


Course Code: MGN911
Course Title: BUSINESS ETHICS
Section: KOE48/49

Max. Marks: 30
Date of Allotment: 11-10-2021
Date of Submission: 31-10-2021
CSR INITIATIVES OF GODREJ INDUSTIRES LTD.

EMPLOYABALITY:

It can provide employability to many people in betterment of country.


Improving earning potential by building core domain skills, focusing on
entrepreneurship and life skills education, providing post-training support, and
enabling social protection.
Some of the examples:
1. Saloon: Training young women in beauty and hair care in India.
2. Beautypreneurs: Strengthening beauty and wellness enterprises led by
women in India.
3. Construction and allied traders: Skill training and post-training support for
workers in construction and allied services (pantry, electrical and
plumbing), and supporting nano construction contractors.

PUBLIC HEALTH:
Partnering the Indian government’s aim to make India malaria-free by 2030 by
creating awareness and driving behaviour change in high-risk rural areas.

WASTE MANAGEMENT:
Partnering with local municipalities, social entrepreneurs and residents for
sustainable solid waste management.
EX: RECYCLING: In India, experimenting to convert plastic waste into fuel
in India and waste hair into assorted products such as baskets, table mats and
mattresses.

WATER SHED MANAGEMENT:


Partnering with NABARD to help restore the ecological balance in drought-
prone regions and mitigate the risk of climate change for small and marginal
farmers.

CSR INITIATIVES OF 3M INDIA LTD.

EDUCATION:
3M India will capture the innovation potential of underprivileged children
through creative and engaging education models that will stimulate a spirit of
inquiry and creative thinking which is so critical to building the foundation for
innovation capability.
Continuing in the area of education, 3M India’s efforts will also extend to
underprivileged youth to develop skills that will help them step into a career
stream deeming them employable in the job market.

INNOVATION:
3M India will collaborate with NGO partners to develop change-makers
working in the area of social impact through an innovation incubation model.
Today, innovation is viewed as a means for creating sustainable and cost
effective solutions for people at the bottom of the pyramid. 3M India will
contribute to strengthening the innovation eco-system in the
country by supporting the spirit of social entrepreneurship in India.

WOMEN EMPOWERMENT:
Confident, empowered women from all walks of life actively participating in
the socio-economic development process will determine the future of their
families spreading the impact of social change.
3M India will share its expertise in leadership development and build
capabilities in areas such as consensus building, decision-making,
communication etc. among rural women in entrepreneurship and
local governance.

1) Comparative analysis between Godrej industries limited and 3M India


limited based on 4 dimensions.

Godrej Industries limited:

ECONOMIC:

Godrej Industries Ltd., incorporated in the year 1988, is a Mid Cap company
(having a market cap of Rs 19,538.68 Crore) operating in Diversified sector.
Godrej Industries Ltd. key Products/Revenue Segments include Chemicals, Oil
Vegetable, Dividend, Rental Income, Export Incentives, Scrap, Wind Energy
for the year ending 31-Mar-2021.
For the quarter ended 30-06-2021, the company has reported a Consolidated
Total Income of Rs 3,100.90 Crore, up 11.33 % from last quarter Total Income
of Rs 2,785.27 Crore and up 46.36 % from last year same quarter Total Income
of Rs 2,118.75 Crore. Company has reported net profit after tax of Rs 104.17
Crore in latest quarter.
LEGAL:
Yes, Godrej is purely legal based company.
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statement.

Ethical:
As mainly said, Ethical and enterprise are the two pillars of the company.
Respect and commitment to the human right are central to their values.They
belive their human right responsibilities to the custormers, community they
operate and customers and consumers.

DISCRETIONARY:

Godrej Industries Limited (GIL) has interest in various businesses directly and
through its subsidiaries and associates. GIL including its subsidiaries and
associates has presence in oleochemicals, property development, oil palm
plantation, animal feeds and agroproducts, poultry, personal care and household
care, etc.

3M INDIA LIMITED:

ECONOMIC:

Company is the flagship listed Company of 3M Company, USA in India. 3M


Company, USA holds 75% equity stake in the Company and is a diversified
technology and science company with a global presence in the following
businesses: Safety and Industrial: Transportation & Electronics: Health Care:
and Consumer and is among the leading manufacturers of products for many of
the markets it serves. Most of its products involve expertise in technology,
product development, manufacturing, and marketing, and are subject to
competition from products manufactured and sold by other technologically
oriented companies.

LEGAL:
The Company shall provide an option to provider of such information, not to
provide the data/information. The provider of information shall have the option
to withdraw, in writing, the consent given earlier about the personal information
to the Company.

ETHICAL:

3M is one of 135 companies around the world designated as one of the World's
Most Ethical Companies in 2021. The assessment includes more than 200
questions on culture, environmental and social practices, ethics and compliance
activities, governance, diversity, and initiatives to support a strong value chain.

2) SWOT ANALYSIS:

GODREJ INDUSTRIES LIMITED:

STRENGTHS:
1. Growth in net profit with increase in profit margin.
2. Increase revenue for every quarter.

WEAKNESS:
1. Inefficient use of capital to generate profits.

2. Inefficient use of shareholders funds.

OPPURTUNITIES:
1. Positive breakout first resistance.
2. Turnaround companies – loss to profit.
THREATS:
1. Increasing trend in Non-core Income.
2. Stocks with high PE.

3M INDIA LIMITED:

STRENGTHS:
1. Company with no debt.
2. Company able to generate net cash for last 2 years.

WEAKNESS:

1. Insufficient use of shareholders funds.


2. Annual net profit declining for last 2 years.

OPPURTUNITIES:

1. Company with upcoming results.


2. High momentum scores.
THREATS:
1. Increasing trend in non core income.
2. Companies with high market cap.

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