Geography and Beneficiaries

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Geography
Honda India Foundation (HIF) will give preference to the local areas around its operations for spending the amount earmarked for CSR activities. HIF’s operations are mainly concentrated in the following areas:

  • State of Haryana
  • State of Karnataka
  • State of Rajasthan
  • State of Gujarat
  • State of Uttar Pradesh
  • HIF may undertake CSR activities in any other area in India as may be decided, from time to time

Beneficiaries
The beneficiaries of HIF’s CSR programs may be the following categories of people:

  • Infants / Children / Students
  • Women / Men
  • Adolescent Girls / Boys
  • Weaker sections of the society
  • Persons with disability (PwD)
  • Others – society at large
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Implementation Mechanism

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Honda India foundation (HIF) has been set up by Honda group companies to implement CSR activities. HIF is a registered trust, established in 2019, with the aim of driving consolidated, large-scale and strategic CSR interventions for all Honda group companies in India. The company may conduct / implement CSR programs by:

  • Itself and/or through Honda India Foundation (HIF)
  • A company established under section 8 of the Act or a registered trust or a registered society, established by the Central Government or State Geography & Beneficiaries, Implementation Mechanism, Our Partners, Monitoring of CSR Projects CSR Page 2 Government or any entity established under an Act of Parliament or a State legislature
  • Other registered trusts, societies and / or section 8 (previously section 25) companies provided they have an established track record of at least three years in carrying on activities in the related area/s or as suggested by Ministry of Corporate Affairs vide circulars/notifications.
Honda India Foundation

HIF will prepare an annual plan for implementation of activities that will be approved by the CSR committee and board of the company before implementation. The company may collaborate or pool resources with other group companies to undertake CSR activities and any expenditure incurred on such collaborative efforts would qualify for computing the CSR spending. Furthermore, in line with sub-rule (6) of Rule 4 of the Companies (Corporate Social Responsibility Policy) Rules 2014, expenditures pertaining to building CSR capacities of own personnel, including expenditure on administrative overheads shall not exceed five percent of total CSR expenditure in one financial year.

The progress will be reported to the CSR Committee during the committee meetings. The progress on CSR programs undertaken by the Company will be reported in the Annual Report in the format prescribed by the CSR Rules 2014.

Monitoring of CSR Programs

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The Company will put in place a well-defined monitoring mechanisms to ensure that each social project has:

  1. Clear targets, timelines and measurable parameters wherever possible. Using available secondary data or primary consultations (based on need), a proper need identification and/or baseline will be defined.
  2. Clear objectives and monitoring indicators will be defined for each of the projects being undertaken.
  3. In the MoU signed with NGO partners or project charter for projects directly implemented by Honda, clear monitoring indicators, timelines, budget utilisation protocols and reporting obligations will be defined. The progress monitoring and reporting framework will be aligned with the requirements of the Section 135 of the Companies Act and the CSR Rules.
  4. Clear KPIs will be defined for each project which may be sanctioned by HIF
  5. Partner organisation project performance will be closely tracked based on indicators that are defined and agreed upon during on-boarding stage.

These processes will ensure that all projects are monitored closely for outcome and future sustainability. The HIF CSR team shall be responsible for day to day management of CSR related activities of the company. The team shall periodically report to the CSR committee regarding the financial and programmatic progress of CSR projects.

All projects undertaken by HIF shall be monitored on a regular basis. On-site monitoring would also be undertaken at least once a year to ensure on-track implementation.

The CSR team shall be empowered to appoint an external third party to monitor / review / audit the progress (financial and programmatic) of CSR projects that are critical in terms of size, scope, beneficiary coverage, theme or potential reputational risks. The scope of monitoring shall include:

a) Quarterly Monitoring of NGO partners

  • NGOs will be asked to submit quarterly physical and financial reports for projects being implemented by them. The reporting expectations will be referenced in the signed project MoU’s with these NGO partners to ensure compliance and structure.
  • Regular physical and financial monitoring of projects on a quarterly basis will be undertaken. Site visits will be undertaken at least once within a calendar year.
  • For projects being implemented directly by Honda, concerned teams implementing the project will submit necessary progress reports on a quarterly basis.
  • Honda’s team which directly monitors projects on ground will provide quarterly progress reports.

b) Routine program monitoring to track key operational strategies

c) Focus on beneficiary acceptance and course correction