In this story, we will take a look at the top 10 companies with the highest prescribed CSR budget in crores for the fiscal year 2021-22.
In the year 2021-22, corporate social responsibility (CSR) was a top priority for many of India’s leading companies. From conglomerates and technology firms to banks and oil and gas companies, a number of businesses dedicated significant resources towards initiatives that aimed to address social and environmental issues.
These companies, including Reliance Industries, HDFC Bank, and Tata Consultancy Services, were committed to using their resources for the greater good and made significant contributions towards improving the lives of underprivileged communities.
Top 10 Companies with Prescribed CSR Amount in Crores in FY 2021-22.
- Reliance Industries Limited – 737 Crore Rupees
- HDFC Bank Limited – 733.86 Crore Rupees
- Tata Consultancy Services Limited – 716 Crore Rupees
- Oil And Natural Gas Corporation Limited – 436.02 Crore Rupees
- Infosys Limited – 396.7 Crore Rupees
- ITC Limited – 354.27 Crore Rupees
- Indian Oil Corporation Limited – 323.14 Crore Rupees
- NTPC Limited – 281.8 Crore Rupees
- Tata Steel limited – 266.57 Crore Rupees
- ICICI Bank Limited – 261.73 Crore Rupees
In the year 2021-22, the top 10 companies with the highest prescribed CSR amount in crores were:
1. Reliance Industries Limited – with a CSR budget of 737 crores, this conglomerate was at the top of the list. Known for their diverse range of products and services, from petroleum and natural gas to retail and telecommunications, Reliance Industries was committed to giving back to the community through various social initiatives.
2. HDFC Bank Limited – coming in at a close second was HDFC Bank, with a CSR budget of 733.86 crores. As one of the leading private sector banks in India, HDFC Bank was dedicated to addressing issues such as education, healthcare, and financial inclusion through their CSR efforts.
3. Tata Consultancy Services Limited – with a CSR budget of 716 crores, Tata Consultancy Services was a major player in the technology sector. In addition to their successful business ventures, the company also focused on improving the lives of underprivileged communities through various social and environmental initiatives.
4. Oil And Natural Gas Corporation Limited – at 436.02 crores, this state-owned oil and natural gas company was committed to using their resources for the greater good. In addition to their primary business operations, they also implemented a number of CSR programs focused on education, healthcare, and environmental sustainability.
5. Infosys Limited – with a CSR budget of 396.7 crores, Infosys was another major player in the technology industry. Known for their innovative solutions and dedication to corporate social responsibility, the company focused on initiatives related to education, healthcare, and environmental conservation.
6. ITC Limited – at 354.27 crores, ITC was a leading conglomerate with a diverse range of businesses, including tobacco, hotels, and packaged food products. In addition to their commercial successes, the company also had a strong commitment to CSR, focusing on issues such as education, healthcare, and environmental sustainability.
7. Indian Oil Corporation Limited – with a CSR budget of 323.14 crores, this state-owned oil and gas company was committed to using their resources to make a positive impact on society. Through various social initiatives, they aimed to address issues such as education, healthcare, and environmental conservation.
8. NTPC Limited – at 281.8 crores, NTPC was a leading player in the power sector. In addition to their core business operations, the company also focused on implementing CSR initiatives related to education, healthcare, and environmental sustainability.
9. Tata Steel Limited – with a CSR budget of 266.57 crores, this multinational steel-making company was committed to using their resources for the greater good. In addition to their commercial ventures, they also focused on social initiatives related to education, healthcare, and environmental conservation.
10. ICICI Bank Limited – at 261.73 crores, ICICI Bank was a major player in the banking industry. In addition to their financial services, the bank also had a strong commitment to CSR, focusing on initiatives related to education, healthcare, and financial inclusion.
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