Bombay Stock Exchange

Corporate Social Responsibility (CSR) in BSE is aligned with its tradition of creating wealth in the community with a three pronged focus on Education, Health and the Environment. Besides funding charitable causes for the elderly and the physically challenged, BSE has been supporting the rehabilitation and restoration efforts in earthquake-hit communities of Gujarat. BSE has been awarded the Golden Peacock Global - CSR Award for its initiatives in Corporate Social Responsibility (CSR) by the World Council of Corporate Governance.

BSE Limited (“BSE”), formed about 140 years ago started as the “Native Share & Stock Brokers’ Association”, has been carrying out its social responsibility through the various projects it has supported directly or through the Prime Minister’s Relief Fund, beyond any statutory or legal requirements. Corporate Social Responsibility (“CSR”) is not only a significant part of BSE as a corporate entity, but is a part of its DNA which has been imbued into the existence of each human being working in the organization.

Sustainability in a general sense can be seen as meeting the needs of the present without compromising the ability of future generations to meet their own needs. Environmentalists have long warned that our current patterns of economic growth and resource consumption, so severely threaten the earth's carrying capacity that ecological collapse is likely, if not inevitable.

BSE is also participating in the sustainable stock exchanges initiative. BSE has signed Memorandum of Understanding with Ministry of Corporate Affairs to launch corporate social responsibility index.

CSR Vision

  • To promote activities that have a high social impact in a manner which is aligned with BSE’s tradition of creating health & wealth in the community and create a framework to identify the beneficiaries, causes to work and the appropriate projects, in accordance with Schedule VII of the Companies Act, 2013 (“Companies Act”) read with the Companies (Corporate Social Responsibility Policy) Rules, 2014 (“CSR Rules”).
  • To encourage employees at all levels to participate and increase commitment to give back to the society.
  • To identify thrust areas for CSR that currently includes education, health creation and the environment.
  • To utilise the resources of the company and its people to give back to the society and affect positive changes in the lives of Indian citizens.
  • BSE will invest its CSR resources that help build the nation and the economy in thrust areas such as education including basic education and skills, investor education, capital formation, job creation, encouraging entrepreneurship, etc.

Activities/ Focus Areas:

The scope of CSR activities of BSE will inter alia cover the below mentioned key thrust areas:

  • Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects;
  • Contributions or funds provided to technology incubators as permitted under Companies Act, 2013 and rules made there under;
  • Contribution to the Prime Ministers Relief Fund or any other fund set up by the Central Government for socio economic development and relief and welfare of the Scheduled Castes, Scheduled Tribes, Other Backward Classes, minorities and women in accordance with Paragraph (viii) of Schedule VII of the Companies Act;
  • Non Academic Technopark TBI not located within an academic Institution but approved and supported by Department of Science and Technology.
  • Support large-scale causes such as disaster relief or any other cause as determined by the CSR committee / Board;
  • Any other activity as permitted under the Companies Act.
Focus Area

Education,Education & Literacy,Education and Education Technology,Employment and labor,information and Communication Technology,Livelihood

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Address

BSE Limited PhirozeJeejeebhoy Towers, Dalal Street, Mumbai- 400001, India