ZF CV India Investor Relations

Corporate Social Responsibility is at the heart of the ZF Commercial Vehicle Control Systems India’s commitment to positively engage with its stakeholders and to operate in a socially and environmentally sustainable manner. At ZF Commercial Vehicle Control Systems India, CSR is viewed as a powerful opportunity to help create a positive impact for the future by working together with communities, Governments and local bodies to deliver qualitative social improvement. The company has set up a not-for-profit foundation to implement the CSR initiatives. WABCO India, through its foundation set up for executing CSR initiatives, focuses its CSR efforts on 4 key pillars - Road safety, environmental sustainability, skills development and community development.

Road Safety Awareness Programs for Drivers and Mechanics

The company's foundation, set up to execute CSR initiatives, is uniquely positioned to promote road safety in India by promoting safer driving and to raise awareness on road safety issues across all key stakeholder groups. The company, through its foundation set up for executing CSR initiatives, has conducted major road safety awareness campaigns in Tamil Nadu, Andhra Pradesh, Kerala and Maharashtra. These programs are aimed at educating the drivers and mechanics on the importance of road safety and safe driving practices. The company, through its foundation set up for executing CSR initiatives, is pursuing an effective strategy of “ Include - Inform - Involve - Influence and Inspire” . Equipped with a robust curriculum, designed by subject experts from the company, the program covers topics from road safety, braking safety, vehicular maintenance and more Over 6000 drivers and mechanics have been upskilled through the programs. Plans are in place to scale up this impactful model to help many more drivers and mechanics across the country and has created a positive impact. The company, through its foundation set up for executing CSR initiatives, also conducts health care and eye-check camps for drivers and mechanics to ensure their well-being.

Training for drivers of hazardous cargo carriers

ZF Commercial Vehicle Control Systems India Limited has also collaborated with Praxair India, to provide advanced driver training for drivers of hazardous cargo carriers, fuel carriers etc. These programs are conducted by subject experts from the industry along with practical sessions for drivers. Over 500 drivers have been trained through these initiatives. The programs have been well received and have helped the trained drivers to maintain zero accident levels.

Reaffirming its commitment to the environment, the company, through its foundation set up for executing CSR initiatives, has taken positive action to help drive green initiatives across all areas in which it operates. For example, the company has successfully led tree plantation programs which has resulted in over 1000 saplings being planted and actively nurtured. The preservation of key water sources in and around its manufacturing locations is another major initiative that ZF Commercial Vehicle Control Systems India Limited have undertaken to conserve important natural resources.

The company is committed to the inclusive development of communities wherever it operates to help drive positive change. Leveraging its strengths, the foundation implements programs which improve access to education, healthcare, sanitation, clean water and other facilities to help promote community safety, health and well-being.

Having hosted healthcare camps supporting 18 neighbourhoods, the company, through its foundation set up for executing CSR initiatives, has helped enhance the lives of more than 5000 people in the community. The company, through its foundation set up for executing CSR initiatives, has upgraded the infrastructure of community schools to ensure that children have access to clean water, hygienic sanitation facilities and proper classroom infrastructure.

Education and skills are the key elements of the nation’s economic growth and leadership. To attain a competitive edge, it is imperative to develop the skills of tomorrow’s workforce, increasing their employability and bridging the demand supply gap. The company, through its foundation set up for executing CSR initiatives, as part of its skills development objectives, has established Centres of Excellence in partnership with leading educational institutions to train and provide hands-on experience to students and engineers.

Under this initiative, the company, through its foundation set up for executing CSR activities, has established 2 Centers of Excellence, the first of which is the ZF Commercial Vehicle Control Systems India Limited – Veltech Center of Excellence which provides training in the areas of automotive technologies and advanced road safety. The second initiative is the ZF Commercial Vehicle Control Systems India Limited - Chennai Institute of Technology - Kyutech University, Japan Center of Excellence to empower youth through training on new technologies such as Industry 4.0, the Internet of Things and robotic automation.

From safety to education and the environment to our communities, ZF Commercial Vehicle Control Systems India's CSR objectives have helped deliver a significant, positive impact for all stakeholders.