FY 2023-24

In FY 2023-24 Asian Paints spent ₹91.26 crore on CSR against a 2% obligation of ₹90.59 crore; the largest area was skills and livelihoods (₹49.75 crore).

Period: Apr 2023 - Mar 2024.

• Obligation (2% rule): ₹90.59 crore
• Spent in the year: ₹91.26 crore (projects ₹85.97 crore, admin overheads ₹4.54 crore, impact assessment ₹0.75 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Excess carried forward to set off in later years (balance at year end): ₹0.45 crore
• Environment spend: ₹23.26 crore

Spending by area

Area	Amount
Enhancing vocational skills (Schedule VII item ii)	₹49.75 crore
Water management/stewardship (Schedule VII item iv)	₹23.26 crore
Health and hygiene (Schedule VII item i)	₹12.72 crore
Disaster management (Schedule VII item xii)	₹0.02 crore

Main programmes

• Colour Academy vocational training: Rs 49.75 cr (academies/mobile units across multiple cities)
• Water stewardship: check dams, water body rejuvenation, canal lining, agri training and plantations: Rs 23.26 cr
• Health and hygiene (mobile health units, static clinics, truckers): Rs 12.72 cr
• Disaster relief and rehabilitation: Rs 0.02 cr
• SPARSH employee volunteering

Trees and greening

• Water stewardship includes agriculture training, demonstrations and plantations (no tree count or amount given)

Source: S3 Integrated Annual Report 2023-24 (NSE copy); CSR Projects 2023-24 list, pages pdf pp 108-112