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CORPORATE SOCIAL RESPONSIBILITY (CSR)

Management Rationale

To provide opportunities for the intellectual growth of all our employees, and through our joint efforts, contribute to the advancement of society and humankind.

Management Philosophy

To coexist harmoniously with our society, our global community and nature. Harmonious coexistence is the underlying foundation of all our business activities as we work to create a world of prosperity and peace.

Contribution To National Exchequer

During the last 4 years, the Company has contributed a significant amount to national exchequer by way of custom duties, income tax, sales tax and other modes.

Contributions to Society through Business Activities

Modern Society faces many challenges including increasing energy demand, climate change and global population growth. MSD Tire & Rubber Company seeks expands its business with emphasis on growing markets such as, Automotive and Environment and Energy. By focusing on these areas, we are able to deliver positive benefits to society through our corporate activities.

We aim to contribute to the creation of an environmentally friendly society by bringing the latest technology of Tyre Retreading in the country. It has multiple environmental benefits which include:

Reduction in Oil Use: It has been estimated that approximately 7 gallons of oil go into the material to retread a truck tire, as compared to the 22 gallons required to manufacture a new tire. The energy needed to retread a tire also has been estimated to require roughly 70% less energy than manufacturing a new one.

Limits the number of tires in landfills: Re-using tires before they become scrap products can help reduce the landfill impact significantly.

Re-use of Resources (Recycling): The material comprising the tires can also be used more effectively when used in the tire retreading process. They contain 75% post-consumer material, ensuring that material that would otherwise not be available for use in the marketplace is now reworked back into the production process.