ESAB offers a complete line of welding and cutting products and solutions. Explore our equipment offering with ease based on product line and industry.
ESAB is a world leader in welding and cutting equipment and consumables. Explore our complete line of welding & cutting products for virtually every application.
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Enhance your knowledge of welding, cutting, and fabrication with free and accessible webinars on a variety of topics, including welding best practices, tips for using ESAB products, new product launches, and more, presented by trusted ESAB experts.
ESAB is a world leader in welding and cutting equipment and consumables. We offer a complete line of fabrication solutions for virtually every application.
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ESAB EHS (Environment, Health & Safety) initiatives are monitored with the highest degree of importance and commitment to safety is ingrained in our culture.
The history of ESAB is the History of Welding. Go here to view an interactive look at ESAB's history in shaping the future of innovation in welding, cutting, and fabrication.
ESAB is recognised for its adherence to the best industry practices and commitment to its employees and customers. Explore our list of prestigious awards that we have been honoured with!
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This policy, encompasses the company’s philosophy for delineating its responsibility as a Corporate Citizen and lays down the guidelines and mechanism for carrying out socially useful activities / projects and programmes for welfare and sustainability, development of community at large and is titled “ESAB’s CSR Policy”.
ESAB India recognising its social and statutory responsibilities has adopted a policy to make a positive difference to the society. The Company recognises that it cannot be present at all places and hence the fewer projects under the CSR which could have impact on the society at large and tradesmen in particular.
The Concept of CSR has gained prominence and ESAB has adopted a CSR policy as a strategic tool for sustainable growth not with just and intent to invest funds in social activity but to integrate the business processes with the social processes.
To commit for enhanced value-creation for the Society, to compete for our shareholders, stakeholders and the communities we live in, by taking up activities and initiatives for sustainable growth for the society, the safety and well being of workers being deeply committed to socio economic development in its areas of operation.
To mobilise core competencies of ESAB and resources of business to facilitate working in partnership on projects that benefit ommunities and workers.Our focus is safety, skill development of workers along with working with communities in our vicinity.
The main objective of this CSR policy is to lay down guidelines to make CSR a key business process for sustainable development of the society, while complying with the statutory requirements of the Companies Act, 2013.
This policy would ensure increased commitment at all levels in the organisation to operate its business in an economically, socially and environmentally sustainable manner, while recognising the interests of all its stakeholders.
The CSR activities and initiatives would enable the company to get the good will of the community and help reinforce a positive and socially responsible image for the Company.
For achieving the CSR objectives, ESAB will allocate 2% of its average net profits arrived at for the three preceding years as provided under Section 135 of the Companies Act, 2013.
The Internal Committee, called the CSR sub-committee, consisting of the MD / ED, CFO, CS and VP-HR would consider the various options and put up the projects for approval of the CSR committee. The areas of CSR spend would be:
CSR programmes will be undertaken by the Corporate Office / various plants to the best possible extent within the defined ambit of the above identified heads. By and large it may be ensured that at least 50% of the CSR programmes are executed in and around the areas adjoining ESAB Offices / Plants.
ESAB may employ the assistance of voluntary organisations (NGOs), Education Institutions, Trusts, Missions, Self-help groups, overnment and semi government organisations, professional consultancy organisation and others.
The above guidelines would form the framework around which the CSR activities would be undertaken. ESAB will review the policy from time to time based on changing needs and aspirations of the target beneficiaries, statutory needs and make suitable modifications as may be necessary