FY 2023-24

In FY 2023-24 (Jan 2023 - Mar 2024, 15 months) Nestle India Limited spent ₹68.58 crore on CSR against a 2% obligation of ₹59.76 crore.

Period: Jan 2023 - Mar 2024 (15 months). Note: this reporting period is not an April to March year, so it is not directly comparable with the other years.

• Obligation (2% rule): ₹59.76 crore
• Spent in the year: ₹68.58 crore (projects ₹64.37 crore, admin overheads ₹3.43 crore, impact assessment ₹0.78 crore)
• Set aside for ongoing projects (Unspent CSR Account): ₹0 crore
• Transferred to a Schedule VII fund: ₹0 crore
• Spent above this year's obligation (money set aside counts as spent): ₹8.82 crore
• Environment spend: not disclosed

Main programmes

• 15-month period (Jan 2023 to Mar 2024) mapped to FY 2023-24
• Beneficiaries reported: Healthy Kids Programme 228,900; Project Jagriti 3,100,000 (direct and indirect); Water 170,000; Sanitation 49,000; Serve Safe Food 27,000; Project Jigyasa 9,500; Project Hilldaari 1,100; Project Vriddhi 18,000
• Impact assessment covered Nestle Healthy Kids Programme (KPMG), Project Hilldaari, Project Serve Safe Food, Water and Sanitation

Trees and greening

• No CSR tree plantation disclosed

Implementing agencies: KPMG (impact assessment).

Source: S3 Annual Report 2023-24 (15 months ended 31 Mar 2024), pages PDF pp 105, 200-202, 248