Red Hat India Private Limited CSR Policy
India Corporate Social Responsibility Policy and Activities
Last updated August 27, 2024
Red Hat strives to strengthen and do good in the communities where our associates live and work. We do our best when we do good together, whether that’s through our donations to nonprofit, non-governmental organizations, our volunteer activities, or our outreach to students as they become the next generation of technologists.
Globally, we focus our corporate citizenship efforts in areas Red Hatters care about the most, including programs that provide for:
- Basic human needs: Serving the needs of those facing hunger or homelessness through programs such as food banks, shelters, and job training programs that help people work toward self-sufficiency.
- STEM education: Support for primary and secondary students in the fields of science, technology, engineering, and math.
- Health: Programs and events that raise awareness and research funds for physical and mental health issues.
- Environment & Sustainability: Programs and local efforts to protect and preserve climate, air, water, wildlife, land, and other natural resources.
In India, the CSR activities are governed under the provisions of Companies Act, 2013 and the CSR activities are performed by the Company in compliance with applicable laws.
CSR Committee
The Board of Directors of Red Hat India Private Limited (the “Company” or “Red Hat India”) appoints a CSR committee comprised of at least three (3) directors of the Company.
CSR Activities and Action Plan
Red Hat India engages in CSR activities as decided by its CSR committee from time to time. The CSR committee presents an annual action plan to be approved by the Board of Directors, listing the CSR activities, projects or programmes in areas or subjects specified in Schedule VII of the India Companies Act 2013 to be undertaken. The CSR decides on the budget and oversees, monitors and implements the manner of execution of the annual action plan and the contribution to be made in accordance with law.
The committee and the directors of the company committee shall also prepare an annual report for India CSR activities which is submitted to the authorities along with and other disclosures as required by law.
This policy does not restrict activities to be undertaken and any activities permitted by law towards CSR are allowed to be considered by the CSR committee. This committee ensures compliance with all applicable laws on the CSR activities to be undertaken by the Company. The committee and the Company mayshall adjust this policy, its CSR activities, or reporting from time to time in order to comply with the requirements of applicable laws, rules, and regulations.
GOVERNANCE
CSR Committee Members (as of May 2024)
Mark David Lubas
Vandana Rajesh Vaddan
Amy Biathrow Ross
FISCAL YEAR 31 MARCH 2024 ACTIVITIES
Contribution to the Prime Minister’s National Relief Fund