Leap Green Energy (LGE) is an Independent Power Producer (IPP) aiming to build India’s largest and most scalable green energy business.

LGE’s earnest desire is to develop its renewable energy projects that are:

Emissions-Free Free of by-products and emissions
Sustainable Supporting sustainable development

LGE believes in creating value for its stakeholders, the local community, the environment, employees, suppliers, government and civil society.

CSR Circle
Our CSR Motto

L · E · A · P

Four pillars that guide every CSR commitment we make — building value for society, community and the environment.

L

Largest

Largest and most sustainable green energy venture for value creation to society and community.

E

Equal

Equal employment opportunities without any discrimination on race, colour, religion or gender. Engaging with communities to contribute to socioeconomic development through feasible activities.

A

Activities

Activities to overcome indigenous community risk due to our renewable energy projects is our key concern.

P

Programs

Programs that benefit communities in and around our operations by enhancing the quality of life and economic well-being of local communities.

CSR Principle

Leap Green Energy Private Limited (LGEPL) and its subsidiaries strive to engage in numerous projects and activities for the betterment, empowerment and enrichment of the environment we operate in and the communities therein — in compliance with Schedule VII of the Companies Act, 2013.

CSR Objective

The following are the objectives of the CSR Policy:

  • To synchronise economic, social and environmental sustainability concerns with the business operations of the Company.
  • To be positioned as a responsible corporate citizen.

The CSR activities shall be undertaken by Leap Green Energy P. Ltd. collaboratively with the subsidiary companies. However, the reporting of the activities undertaken shall be separate for each company as stipulated in the CSR rules. Any or all of the activities enumerated below shall be undertaken by the Company under the CSR ambit:

  • Eradicating hunger, poverty and malnutrition; promoting preventive health care and sanitation including contribution to the Swachh Bharat Kosh set up by the Central Government for the promotion of sanitation; and making available safe drinking water.
  • Promoting education, including special education and employment-enhancing vocation skills especially among children, women, the elderly and the differently-abled; and livelihood enhancement projects.
  • Promoting gender equality, empowering women, setting up homes and hostels for women and orphans, setting up old-age homes, day-care centres and such other facilities for senior citizens; and measures for reducing inequalities faced by socially and economically backward groups.
  • Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro-forestry, conservation of natural resources and maintaining quality of soil, air and water — including contribution to the Clean Ganga Fund set up by the Central Government for the rejuvenation of river Ganga.
  • Protection of national heritage, art and culture, including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts.
  • Measures for the benefit of armed forces veterans, war widows and their dependents.
  • Training to promote rural sports, nationally recognised sports, Paralympic sports and Olympic sports.
  • Contribution to the Prime Minister’s National 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.
  • Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government; rural development projects.

The CSR activities shall be undertaken within the territory of India.

  • Implementation and monitoring of the CSR activities will be overseen by the CSR Committee, which will plan CSR expenditure each year and set up budgets up to 2% of the profits (PBT) of the Company.
  • The Company may take up the implementation of CSR projects with its own manpower and resources, if the CSR Committee is confident of its organisational capability to execute such projects.
  • If, in the opinion of the CSR Committee, the implementation of CSR projects requires specialised knowledge and skills and the Company does not have such expertise in-house, the wherewithal and dedicated staff to carry out such activities, the CSR Committee may decide to avail the services of external specialised agencies for the implementation of such CSR projects.
  • In the event an external agency is engaged for the purposes of the CSR initiatives of the Company, the Company will need to enter into an agreement with the relevant executing/implementing external agency, setting out the terms and conditions of the engagement.
  • The Company recognises that monitoring is critical for assessment of the progress as regards timelines, budgetary expenditure and achievement of targets. Monitoring will be done periodically with the help of identified Key Performance Indicators, the periodicity being determined primarily by the nature of the KPIs.
  • Monitoring will be done in project mode with continuous feedback mechanisms and recourse always available for mid-course correction in implementation, whenever required.
  • The performance of the Company’s CSR activities will be monitored on the basis of achievement of annual targets and the utilisation of annual budgets for the activities planned and the targets set for each year.
  • Every year, the Company shall, with the approval of its Board of Directors, make a budgetary allocation for CSR activities/projects for the year. The budgetary allocation will be based on the profitability of the Company and the requirements of applicable laws.
  • The Company expects to spend the budgeted amount allocated for CSR activities/projects planned for each financial year within that year. If for any reason the budget of a year remains unutilised, the same may be carried forward to the next year for expenditure on CSR activities that were planned for implementation in the previous year but could not be completed for some reason. The CSR Committee and the Board of Directors will disclose the reasons for not being able to spend the entire budgeted amount on the CSR activities planned for that year in the Annual Report of the Company.
  • Any surplus arising out of the CSR activities, projects or programmes shall not form part of the business profits of the Company.