Since 2016, the Foundation has spent Rs 900 crore on CSR programme
New Delhi: HCL Foundation, a CSR arm of HCL Technologies Ltd, on Thursday said it spent Rs 216 crore during the 2021-22 fiscal on several initiatives across urban and rural development besides environmental action, up by 10.76 per cent from over the year. About Rs 195 crore was the CSR investment made during the 2020-21 financial year.
- HCL Foundation scales its ground-breaking programs to supercharge progress for communities and environment
- Invests over Rs. 216 Cr during FY 2022 in programs across urban and rural development and environmental action
- Cumulative investments exceed Rs.900 Cr with over 3.7Mn lives transformed
HCL Foundation, the corporate social responsibility (CSR) arm of HCLTech, said that in FY 2022 it invested Rs. 216 Cr across its community programs. This represents an increase of 500% from FY 2017, underscoring HCLTech’s deep commitment to supercharging progress for communities where it operates.
During FY 2022, HCL Foundation invested over Rs. 91 Cr for urban development initiatives and Rs.83 Cr for rural development and sharpened its focus on environmental action with an increased outlay of Rs. 42 Cr. The Foundation’s programs span healthcare, sanitation, poverty eradication, education, skilling and livelihoods, environment, and disaster risk reduction, addressing all 17 social development goals outlined by the United Nations.
To date, HCL Foundation has invested over Rs. 900 Cr in its community programs, making it one of the largest corporate interventions in India. HCL Uday, one of the flagship programs of HCL Foundation, was recently recognized by the Government of India with the National CSR Award for its urban poverty alleviation impact.
C Vijayakumar, CEO & Managing Director, HCL Technologies said: “At HCLTech, we have been guided by our purpose to deliver tangible and sustainable progress for all our stakeholders. In an era of social distancing, HCL Foundation and its partners worked tirelessly with communities to multiply our program reach by over 12 times since 2016. Our projects are aligned with the UN Sustainable Development Goals and monitored with internationally benchmarked processes and structures. We remain committed to the long road ahead, supercharging progress as we spread our impact to more global locations.”
HCL Foundation also released its Annual Report for FY 2022 under the theme ‘Source Code in Action’. Inspired by technology, the theme showcases the Foundation’s efforts to create high-impact programs that can be source codes for solving socio-economic and environmental problems at scale.
Since its inception, HCL Foundation has delivered measurable impact through its programs.
- Over 3.7 Mn lives were impacted, of which over 50% are women
- 200 NGO partnerships to take development to the last mile
- Over 665,000 hours of volunteering by HCLTech employees
- 36 Bn litres water harvested.
- 105 water bodies rejuvenated
- 66,000 acres of land greened under community governance
- 931,400 kg CO2e sequestered/emissions reduced from saplings planted and abating stubble burning
- 298,358 people reached through disaster relief
- Over 48,000 animals treated and protected
- HCL Sports Scholar Anika Jerlin brought glory to India with 3 gold medals in badminton at the World Deaflympics 2022
“In 2011, we had made a promise – to be the source codes of economic-social and environmental development and empower the country’s most vulnerable citizens to lead happy, healthy, dignified lives. Eleven years later, our source codes light up lives across 22 states and 3 Union Territories of India. The results speak of the depth and strength of our programs. Co-created and co-implemented in convergence with NGO partners and Government, they fill me with optimism that it is possible to break the cycle of poverty, including environmental poverty, in one lifetime.” added Dr. Nidhi Pundhir Vice President & Director, HCL Foundation.
