The Annamrita-Food-for-life Programme (FFL)’s Strategic Plan for 2021-25 aligns the organization’s work to the 2030 UN SDG’s Agenda’s global call to action, which prioritizes efforts to end poverty, hunger and inequality, The Annamrita- Food for Life campaign will positively contribute towards three of the 17 Sustainable Development Goals of the United Nations i.e.: Goal No 2: Zero Hunger, and Goal No 3: Good Health and Wellbeing Goal No 5: Gender Equality besides surrounding its activities around the 2% CSR Law under Sec 135 of the Companies Act.
The SDG’s and the Indian CSR regulation both were implemented during the same time and seemingly have a tremendous potential to develop a cohesive sustainable growth model.Moreover, the SDG’s and the CSR thematic development area share a lot of overlaps.As an evolution from MDG’s, SDG’s explicitely call for business to apply their creativity and innovation to solve developmental challenges.SDG’s have more opportunities for corporate sector participation.Annamrita’s goals bring together players from all sectors for pursuing the common vision of sustainable development and address the socio-economic and enviornmental challenges..
CSR trend Since FY 2014-15
Compared to 14-15 (the first year of introducing the mandate towards CSR) there is an increase in the prescribed CSR expenditure to the tune of 14% in the year 2016-17.Additionally, agaionst the prescribed CSR expenditure twentyone companies have committed higher CSR expenditure(CSR budget outlay),upto 17% compared to 14-15.The CSR expenditure during the year 2016-17 has increased by 41% as compared to 2014-15.
Various SDGs mapped with Schedule VII Activities of the Companies Act 2013
• Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation including contribution to the Swach Bharat Kosh set up by the central government for the promotion of sanitation and making available safe drinking water.
• 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. SDG 5 matches Annamrita’s thematic area