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Corporate Social Responsibility @ SUD Life

  1. ​​​​​​We at SUD Life believe in the philosophy of Charity begins at Home. We believe that our country can become successful only when the basic necessities are accessible to both rural and urban India. India can become a super power when we as a nation stand towards integrated community development.

  1. SUD Life started the journey of CSR with distribution of essentials like water and food grains to the residents of drought effected areas in Maharashtra in FY 2013-14. After seeing the plight of the areas in Maharashtra, SUD Life decided to actively work towards bringing upliftment in rural India. To take this forward the Company has initiated its Aatmanirbhar campaign in Bolegaon and Mohpuri village in Jalna district, Maharashtra. The vision of the Company is to make total turnaround of these villages where CSR activities have been initiated and to make their habitant self-sufficient.      
  1. ​​To contribute meaningfully to society, SUD Life Foundation was established on 8th February 2016 with an intention of giving an honest attempt to bring about a small change. It is not a claim to forefront a revolution, rather the objective of the Company is to lead by example. Our main focus areas are:
  1. 1. Development of Irrigation 
  2. ​2. Promotion of education and sanitation
  3. ​3. Rural Development 
  4. ​4. Other initiatives
 
 
Ms. Neharika VohraChairperson​​​​​

Ms.​ Neharika Vohra has been serving the company as Independent Director since March 2017. She is specialist in behavioural science and currently working as Professor in Organizational Behaviour area at IIM Ahmedabad. She holds Ph.D in Social Psychology from University of Manitoba, Canada. Presently serving as Chairperson of Centre for Innovation, Incubation, and Entrepreneurship Initiative (CIIEI) at IIMA. She has total 23 years of teaching experience.

 
 
Mr. ​A​tul Kumar Goel Member

Mr. Atul Kumar Goel has been serving the company as Non-Executive Director of the Company since April 2017. He is an Executive Director of Union Bank of India since September 2016. Prior to his elevation as Executive Director, he was General Manager and Chief Financial Officer at Allahabad Bank. During twenty four years of service in Allahabad Bank he handled Finance & Accounts, International Banking, Treasury, Joint Venture, Corporate Credit, Foreign Exchange Business and Treasury and take proactive result oriented measures to garner market share.​​

 
 
Mr. Ramesh Adige Member

Mr. Ramesh Adige has been serving the company as an Independent Director since December 2017. He is graduate in Engineering (Honours) and post Graduate in Business Administration. He has experience in Public Affairs & Public Policy, Corporate Strategy, Branding, Corporate Communications, International Trade Policy, Intellectual Property policy, Banking & Finance and Sales & Marketing. As an independent director in Syndicate Bank, he also gained experience on function of Public Sector Banks. He has total 43 years of experience.

 
 
Mr. Hidehiko SoganoMember​

Mr. Hidehiko Sogano has been serving the company as Non-Executive Director since April 27, 2018. He is an Executive Officer of Dai-ichi Life Holdings Inc. (Japan) since April 27, 2018. He is also designated as a Chairman in Dai-ichi Life International (Europe) since October 2016. He joined the Bank of Japan in April 1983 and experienced Planning Dept., International Dept., Financial Market Dept. and Branch Manager of Naha and Sapporo. He joined Dai-ichi Life (Japan) in July 2015. He has vast experience of 35 years in various assignments related to finance market, planning and co-ordination division, international business management etc.

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Mr. Girish Kulkarni Member​

​Mr. Girish Kulkarni has been serving the Company as MD & CEO since May 15, 2012. He is a Management Graduate with more than 20 years of experience in Financial Services. He also brings with him more than a decade’s experience in life insurance industry. Before taking up the assignment with Star Union Dai-ichi Life Insurance, he was serving as General Manager of Assicurazioni Generali-United Arab Emirates; prior to that, he was the Executive Director and Chief Marketing Officer of Future Generali Life Insurance Company Limited-India.

 
Development of Irrigation​

​Agriculture being the reason of existence of villagers of Bolegaon and Mohpuri, there was need to support on water conservation so that two crops in a year would be a reality for these villages. With this objective, the focus was on conservation of water by way of desilting of pond at Mohpuri in FY 2015-16, and nulla bunding at both the villages in FY 2017-18 & 2018-19. To aid the farmers in the village in optimally using water for irrigation and subsequen​tly ensure profitable and better production of crops, the Company had also distributed drip irrigation systems to eligible farmers. The Company supported the farmers for their training at Krrishi Vigyan Kendra where they got training of Integrated Farming.




Desilting of pond

Desilting ​​of P​ond

 



Nulla bunding

Nulla Bunding

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Farmers in training

Farmers in training

 

Farmer with drip

Farmer with drip

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Promotion of Education and Sanitation

​With a thought to promote level of education in Mohpuri and Bolegaon villages, the Company provided school uniform, shoes, socks, school bags and note books etc. and sports items like football, volleyball and badminton. The Company initiated towards improving the basic infrastructure of the schools by constructing separate toilets in both the schools, constructing computer rooms, maintenance of existing classroom and provision of basic infrastructure like wardrobes, fans, tubes, etc. The Company also provided Computers, projector, printers, sound boxes and E-Learning software which have given an edge to the quality of education and make learning more interactive for the students. In keeping with the idea of ‘Mulgi Shikli Pragati Jhali’ (Nation will Develop with Education of Girls), the Company also provided bicycles to girl students who travel outside the villages for higher education.





Building school infrastructure

Building school infrastructure

 




Support to students in schools

Support to students in schools

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Students using computers provided by SUD Life

Students using computers provided by SUD Life

 

Bicycles provided to girl students

Bicycles provided to girl students

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Rural Development

​In the road map for self-sufficiency of the villages, the Company contributed towards building the community through programmes that could potentially bring about development in the villages. To fulfil the self-sufficiency in the villages, the Company initiated towards enabling alternate sources of income by facilitating tailoring classes for women and vocational training for youth in Tata Power Skill Development Institute in Shahad. The Company also facilitated cover of social security schemes such as PMJJBY and PMSBY to the eligible villagers. To address the persisting drinking water issue, the Company provided drinking water in the village, by installing Borewells. The Company also provided solar street lamps in the villages.




Youth in Tata Power Skill Development Institute

Youth in Tata Power Skill Development Institute

 



Women in training for Tailoring in village

Women in training for Tailoring in village

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Social securities

Social securities

 

Drinking water

Drinking water

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Solar panel for conservation of energy

Solar panel for conservation of energy

 
 
Other initiatives

​Besides the work in Mohpuri and Bolegaon, the Company has also taken initiatives in other work as well. Under Swachh Bharat Abhiyaan, the Shramdan and Swachh Awareness Campaign was initiated at Vashi Station Navi Mumbai, where employees of the Company participated. The Company, with a belief of bringing educational benefits for everyone, is supporting Him Jyoti School, a free boarding school in Dehradun by providing with basic school items, as well as financial assistance for building an Amphitheatre in the school. To promote local athletes and sportsperson, the Company facilitated training of Mr. Rajkumar Tiwari, gold medallist in figure ice-skating in Special Olympics 2013 held in South Korea, in Miami, US for six months. The Company also contributed to the Natural Disaster Relief Fund. In FY 2015-16, Dai-Ichi Life Insurance Co. Ltd., Japan one of the three joint venture partner of SUD Life, sponsored the launch of pictorial book “You are the only one but never a lonely one” along with distribution of school bags and other stationary to over 450 needy primary students from four schools in Mumbai.






Swachh Bharat campaign by employees

Swachh Bharat campaign by employees

 





Support to Him Jyoti School

Support to Him Jyoti School

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Mr. Rajkumar Tiwari, Figure Ice Skater

Mr. Rajkumar Tiwari, Figure Ice Skater

 

Launch of Book “You are the only one but never a lonely one” by Dai-ichi   Japan.

Launch of Book “You are the only one but never a lonely one” by Dai-ichi Japan

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Registered with IRDAI as Life Insurance Company, Registration No. 142.

Registered Office : 11th Floor, Vishwaroop I.T . Park, Plot No. 34, 35 & 38, Sector: 30A of IIP, Vashi, Navi Mumbai – 400 703.

Telephone No.: 022-39546200, Fax No.: 39472811, CIN No: U66010MH2007PLC174472.

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