Category: Sectors

  • Greta Thunberg to donate prize money 1 million euro for flood relief work in India & B’desh

    Greta Thunberg to donate prize money 1 million euro for flood relief work in India & B’desh

    Swedish climate activist Greta Thunberg has decided donate prize money of 1 million euro (approximately Rs 8.76 crore) for flood relief efforts in India and Bangladesh. Greta was awarded 1 million euro for winning the Gulbenkian Prize

    Swedish climate activist Greta Thunberg has decided donate prize money of 1 million euro (approximately Rs 8.76 crore) for flood relief efforts in India and Bangladesh.

    Greta was awarded 1 million euro for winning the Gulbenkian Prize for Humanity, announced last on July 20.

    In a statement, the Greta Thunberg Foundation said it will donate the full sum to charitable projects combatting the climate and ecological crisis and supporting people facing its worst impacts, particularly in the Global South.

    The donations will go to 3 NGOs in desperate need of funds for flood relief work in India and Bangladesh, it said.

    About 50,000 euros will be donated to ActionAid India and Bangladesh, working in both countries to provide emergency relief, as well as long term rebuilding.

    Goonj, which provides clothes, food, medicines, and other essential items to affected areas in India, will be given 25,000 euro donation.

    The third NGO BRAC will also get 25,000 euros donation. It is working on the ground in Bangladesh to provide critical relief for impacted families, including dry food, temporary shelter and health services.

    The money will go to organisations providing direct relief to people suffering from the humanitarian crisis caused by ongoing extreme monsoon flooding in both countries, currently affecting over 9.6 million people in the region.

    In India, more than 6.8 million people have been affected by recent severe monsoon floods. The north eastern states of Assam and Bihar are particularly badly affected, with 113 deaths recorded since this year’s monsoon season began.

    Meanwhile, close to one third of Bangladesh is already suffering flooding, with 2.8 million people affected. Although floods occur annually in these areas, the climate crisis is increasing their frequency and intensity, with current flooding among the worst in years.

    This flooding has also come during a period of overlapping crises facing communities in India and Bangladesh. In May, Cyclone Amphan destroyed crops, infrastructure and more than 2,60,000 homes in both countries, while a Covid-19 lockdown has contributed to over a third of Bangladesh’s population dropping under the poverty line.

    “The climate crisis is urgent, and people, particularly in the Global South, are suffering devastating impacts already today. Millions of people in South Asia have been severely affected by recent flooding, at a time when many had already lost so much from Covid-19 and Cyclone Amphan,” 17-year old Greta Thunberg said.

    “I am incredibly privileged to be in a position to be able to donate such sums of money through my foundation, and we are supporting these organisations to make sure it reaches communities affected by the flooding as soon as possible. If you are able, please consider donating to the relief effort,” she added.

    ActionAid India Executive Director Sandeep Chachra said that monsoon flooding in the Indian states of Assam and Bihar is increasingly catastrophic, year on year. It is making living conditions for vulnerable communities in these regions ever more precarious.

    “This year the floods are a part of a double whammy, on top of the Covid-19 pandemic and accompanying lockdown. Emergency responses need to be linked with long term development work aimed at advancing social and ecological justice, in an effort that prioritises the leadership of communities most affected,” he said.

    Goonj Founder and Director Anshu Gupta said right now, floods in parts of India have heaped more misery onto the lives of millions of people already struggling with the impact of Covid-19.

    “In our two decades of disaster response work, we have been highlighting monsoon floods as an ignored disaster that are becoming more intense and frequent. In this difficult time we must all work closely with the communities most affected,” he added.

  • IDBI Bank’s CSR commitment brings computers to govt schools

    IDBI Bank’s CSR commitment brings computers to govt schools

    Despite not required to spend under CSR, private sector bank IDBI Bank had donated used computers to government and municipal schools for the benefit of students in the 2019-20 fiscal. According to the Companies Act, 2013, the companies are required

    Despite not required to spend under CSR, private sector bank IDBI Bank had donated used computers to government and municipal schools for the benefit of students in the 2019-20 fiscal.

    According to the Companies Act, 2013, the companies are required to spend at least 2 percent of their average net profits made in the preceding three years on corporate social responsibility (CSR).

    In its 2019-20 annual report, IDBI Bank said there was no requirement for the bank to incur any spends under CSR for the 2019-20 fiscal because it had suffered a net loss in the preceding three years.

    However as a conscientious corporate citizen, the bank had donated used computers to government and municipal schools for the benefit of the students as a part of its CSR initiatives during the reporting year.

    Going forward, the bank should be able to do more CSR activities with improvement in its performance.

    For the first quarter of 2020-21 financial, the IDBI Bank today reported a standalone net profit of Rs 144.43 crore as against a net loss of Rs 3,800.84 crore in the year-ago.

  • IDFC FIRST Bank opens MBA scholarships for 2020-2022 batch

    IDFC FIRST Bank opens MBA scholarships for 2020-2022 batch

    IDFC FIRST Bank today announced the opening of its MBA Scholarship programme for the batch of 2020-2022, as part of its Corporate Social Responsibility (CSR). About 150 scholarships will be granted by the Bank this year. The application for scholarship

    IDFC FIRST Bank today announced the opening of its MBA Scholarship programme for the batch of 2020-2022, as part of its Corporate Social Responsibility (CSR).

    About 150 scholarships will be granted by the Bank this year. The application for scholarship can be accessed on https://www.idfcfirstbank.com/csr-new/mba-scholarship.html.

    The last date for applying for this scholarship is July 31, 2020, the bank said in a statement.

    The scholarship programme aims to financially support students from weaker social economic backgrounds, enabling them to pursue a management degree from a B-school of their choice.

    To qualify for the scholarship, the candidate needs to secure admission into a two-year full-time MBA programme and the family income has to be less than Rs 6 lakhs per annum.

    The initiative provides financial assistance to students so as to ease the burden of fees payable by them and to make admission to the best colleges and universities accessible to economically weaker students.

    IDFC FIRST Bank CSR Head Rachana Iyer said: “We believe expenses of MBA are rather high and even meritorious students often drop out from pursuing their careers because of financial difficulties.”

    Through this initiative, the bank wants to lend a shoulder with Rs 2 lakh per student for two years, to students from vulnerable communities, to pursue higher education and to attain a higher standard of living.

    The scholarship supports students from over 150 B-Schools all across India. Since the number of applications far exceed the number of scholarships, the Bank prioritises and ranks-orders the applications for scholarships based on criticality of need, which may involve factors such as family income, socio-economic background and other such criteria.

    The MBA Scholarship programme was instituted as a CSR initiative by erstwhile Capital First in 2016 and continued after the merger which resulted in the formation of IDFC FIRST Bank. So far, 530 students from both urban and rural India have benefitted from this programme.

    These students belong to diverse family backgrounds with parents being retired lower-income scale government employees, auto-rickshaw drivers, farmers and other such backgrounds.

    As an extension of this programme, IDFC FIRST Bank also provides scholarships to students pursuing higher education or teaching in the mental health space, students with autism, students enrolled in the Young India Fellowship programme of Ashoka university, and to youth from shelter homes and underprivileged backgrounds.

  • Godrej & Boyce, WWF India launch ‘Magical Mangroves’ campaign

    Godrej & Boyce, WWF India launch ‘Magical Mangroves’ campaign

    Consumer goods firm Godrej & Boyce along with WWF India today launched a nationwide campaign for conservation of mangroves. The campaign will span across eight states including Maharashtra, Goa, Gujarat, Andhra Pradesh, Tamil Nadu

    Consumer goods firm Godrej & Boyce along with WWF India today launched a nationwide campaign for conservation of mangroves.

    The campaign will span across eight states including Maharashtra, Goa, Gujarat, Andhra Pradesh, Tamil Nadu, Kerala, Odisha and West Bengal, the company said in a statement.

    The campaign aims to promote awareness on the importance of the mangroves ecosystems and invite citizens to become volunteers to help in promoting the same, it said.

    The volunteers will be engaged for a period of six months and will be part of webinars, film screenings, online quizzes, digital story-telling sessions among other activities.

    Over the last few decades, Godrej & Boyce said its Wetland Management Services team has been actively managing and conserving one of the largest mangroves in Mumbai at Vikhroli.

    Taking their efforts a notch higher, Godrej has officially joined hands with WWF India to further strengthen the conservation efforts and promote awareness at a much larger scale across the country, it said.

    WWF India has been working towards conserving wetlands across the country in the high altitudes, floodplains, urban centres and Ramsar sites for over two decades now.

    Talking about the initiative, Pheroza Godrej said, “This endeavor will combine our strengths further and effectively aid us in educating the community to make them understand how small steps taken by them, as individuals, in conserving the mangroves, will eventually contribute to environmental change on a much larger scale in the future.”

    WWF India CEO and Secretary General Ravi Singh said mangroves act as natural barriers of climate change, serve as nurseries and breeding grounds for a multitude of aquatic species. Their effect on controlling soil erosion is vital to shaping the topography of our coasts.

    “Recognizing the role of younger generations and concerned citizens as major stakeholders in nature conservation in India, this campaign aims at building knowledge about mangroves as essential yet fragile ecosystems and enables positive action for their preservation,” he said.

    The Wetland Management Services team at Godrej has been raising awareness about the mangroves ecosystem through several initiatives such as the launch of the one-of-a-kind Mangroves Mobile App available in 11 languages, a unique children’s story book published last year and poster exhibitions across educational institutes of Mumbai.

  • Finolex, Hinduja Foundation & MMF supporting flood-hit Assam people

    Finolex, Hinduja Foundation & MMF supporting flood-hit Assam people

    Hinduja Foundation, Finolex Industries, and ground partner Mukul Madhav Foundation (MMF) are together supporting flood-hit victims in Assam. MMF, a charitable trust, is contributing with its on-ground volunteers in addition to the help being

    Hinduja Foundation, Finolex Industries, and ground partner Mukul Madhav Foundation (MMF) are together supporting flood-hit victims in Assam.

    MMF, a charitable trust, is contributing with its on-ground volunteers in addition to the help being received from the Finolex dealers and representatives, a joint statement said.

    The relieve work has been carried out in eight heavily flood affected villages and aid has been provided in the form of dry grocery items.

    10,000 individuals have been supported in the districts of Morigaon and Barpeta in Assam through the funds provided by Hinduja Foundation and Finolex Industries, the statement said.

    Speaking about the activity, MMF Managing Trustee Ritu Prakash Chhabria said India has been hit by floods in Assam and two cyclones that devastated West Bengal, Maharashtra.

    “Both these organizations have been in the forefront to support those affected across geographies. It is heartening to see like-minded corporates and institutions collaborating for the betterment of our society,” she added.

  • KARAM Industries plants 3,000 trees in UPSIDC green belt area

    KARAM Industries plants 3,000 trees in UPSIDC green belt area

    Noida-based PPE manufacturing company KARAM Industries today planted 3,000 trees in the green belt area of Uttar Pradesh State Industrial Development Corporation (UPSIDC). The tree plantation drive was organised by the company

    Noida-based PPE manufacturing company KARAM Industries today planted 3,000 trees in the green belt area of Uttar Pradesh State Industrial Development Corporation (UPSIDC).

    The tree plantation drive was organised by the company’s CSR arm KOSHISH in collaboration with UPSIDC and Pollution Control Board (PCB), an official statement said.

    “The company successfully planted over 3,000 trees in the Green Belt area of the UPSIDC today,” it said.

    Speaking about the initiative, KARAM Group Chief Human Resources Officer Kavita Nigam said the company has taken yet another landmark step to address the acute challenges in afforestation and subsequent air pollution through the tree plantation drive.

    “We are looking forward to expanding the programme to cover different parts of the country in the near future,” she said.

    Planting trees has manifold benefits as they release oxygen into the air, maintain biodiversity, conserve water, preserve the soil besides controlling the climate and providing shelter for the fauna of the region.

    KOSHISH was established in 2014 for organizing various corporate social responsibility campaigns.

  • Deutsche Bank celebrates 40 years in India with 40,000 tree planting initiative in Raigad

    Deutsche Bank celebrates 40 years in India with 40,000 tree planting initiative in Raigad

    Celebrating 40 years of operation in India, German lender Deutsche Bank today announced a CSR initiative to plant 40,000 fruit-bearing trees in Raigad district of Maharashtra that will impact lives of 4,000 people living out there

    Celebrating 40 years of operation in India, German lender Deutsche Bank today announced a CSR initiative to plant 40,000 fruit-bearing trees in Raigad district of Maharashtra that will impact lives of 4,000 people living out there.

    The trees, which will begin bearing fruit in 3-4 years, are expected to generate an annual income of Rs 6 crore for the beneficiaries, the bank said in a statement.

    The tree planting initiative will be implemented through NGO partner Swades Foundation.

    “The initiative marks 40 years since Deutsche Bank opened its first branch in the country in Mumbai and also four years of a successful partnership with Swades Foundation in helping transform the lives of tribal and other indigent families in Raigad district,” the bank said.

    Deutsche Bank established its first branch in India in 1980 and currently operates branches in 16 cities.

    Deutsche Bank’s partnership with Swades Foundation, now in its fourth year, has impacted the lives of 43,500 people in the Raigad district so far and has involved the bank’s employees volunteering over 2,500 hours since April 2018.

    Commenting on the new initiative, Deutsche Bank India Chief Country Officer Kaushik Shaparia said, “Supporting small-scale agriculture has a significant impact on reducing rural poverty. ..We’re confident that our partnership with Swades Foundation will meaningfully transform the lives of people in Raigad district.”

    Swades Foundation Founder Ronnie Screwvala said, “Deutsche Bank’s relentless efforts towards rural upliftment in India are noteworthy and we are happy to be part of the shared vision to transform and empower India at a grassroots level.”

    Deutsche Bank has been one of our biggest supporters in rural transformation in the last four years and the Foundation looks forward to celebrating many more exciting milestones together, he said.

    Through its ‘In the Community’ programme, Deutsche Bank has worked with Swades Foundation to touch the lives of over 10,000 rural families, providing sustainable access to clean water in homes as well as in the fields to promote agri-based livelihoods.

    Greater access to potable water alone has improved the standard of living of over 1,000 families in the district and the more judicious use of the resource has brought over 1,200 acres of additional farmland under irrigation, allowing for greater crop rotation, it said.

    In this Covid-19 pandemic, Deutsche Bank and Swades Foundation have together distributed over 11,000 grocery and daily essentials kits in rural homes in Raigad since April.

    In Mumbai, the bank has also supported the NGO in providing nine ventilators and 14 oxygen concentrators to Dr R N Cooper Municipal General Hospital and HBT Trauma Care Hospital, the bank added.

  • Waste Warriors launches fundraiser to save Jim Corbett from plastic pollution

    Waste Warriors launches fundraiser to save Jim Corbett from plastic pollution

    Amid rising plastic pollution in forest area, Dehradun-based waste management NGO Waste Warriors today said it has tied up with Wishonary, a social networking platform for NGOs, for raising funds to keep clean the forests and borders

    Amid rising plastic pollution in forest area, Dehradun-based waste management NGO Waste Warriors today said it has tied up with Wishonary, a social networking platform for NGOs, for raising funds to keep clean the forests and borders of Jim Corbett National Park in Uttarkhand.

    There is an urgency to take steps to save Corbett, India’s first tiger reserve and Asia’s first national park, as the amount of solid waste has increased with rise in tourist flow. Imagine a national park that’s famous for years of plastic waste more than its tigers or elephants. This is where Corbett might be headed if nothing is done, it said.

    In a statement, Waste Warriors said that the fundraising campaign, called ‘Adopt A Village’ aims to support grassroots efforts to reduce the environmental impact on animals and forests caused by habitat degradation and plastic waste pollution by building systems for solid waste management in 20 villages around the Corbett, it said.

    Besides, the fundraiser will support the ongoing efforts of trained local underprivileged youth and women-led self-help groups, thereby keeping villages and forests cleaner, reducing the impact of wildlife and providing meaningful livelihoods at the same time, it added.

    Waste Warriors, in a statement said, it hopes that people, especially wildlife enthusiasts, environmentalists, and even those who have experienced the beauty of nature reserves, will respond to this call to adopt a village and support a cleaner Corbett.

    Commenting on the initiative, Waste Warriors Project Manager Puspendu Mandal said: “Most don’t realize plastic pollution itself is also an unacknowledged pandemic. It is present in the air, water, and soil, building up in our environment. There’s a strong need to work together to prevent and solve this problem.”

    The work being done by Waste Warrior in Corbett shows how this can be replicated in rural areas across India, he said.

    Mandal had earlier worked as Tourism Manager at Madhya Pradesh’ famous Satpura Tiger Reserve and knows of the challenges and benefits of good systems and working with communities and authorities.

    According to Wishonary Chief Operating Officer (COO) Vivek Saxena, this partnership is an extension to the company’s effort in creating community-level engagement for bringing social change.

    “We wanted to share the true picture of wildlife conservation in our country and support the waste warriors with the community that can enable Waste Warriors with financial support and visibility they need to save wildlife at Corbett,” he said.

    According to Waste Warriors, over 200,000 tourists came to Corbett in 2019 and left behind a mountain of waste for local villages to deal with. In January 2020, a tigress and her cubs were photographed chewing plastic drums in Corbett, but this is just one of the countless unnoticed incidents over the years.

    Since 2013, the team at Waste Warriors Corbett, initiated by local resident Minakshi Pandey and consisting of nine local youth and 15 self-help group women, have managed over 450 tonnes of solid waste in local villages like Dhikuli, Sunderkhal, and Kyari.

    Apart from over 450 clean-ups with 6500 volunteers, including with forest and CTR authorities, the teams regularly engage villages and schools to change behaviors and build SWM systems. But much more support is needed to continue their efforts, it added.

  • OPPO India to honour 120 innovators for creative solution to tackle COVID-19

    OPPO India to honour 120 innovators for creative solution to tackle COVID-19

    Chinese handset maker OPPO today announced a new initiative in India for honouring 120 innovators who have adopted some out-of-the-box ideas to tackle the COVID-19 pandemic. The initiative called Salute to the Ultimate 120 with the Power of Change

    Chinese handset maker OPPO today announced a new initiative in India for honouring 120 innovators who have adopted some out-of-the-box ideas to tackle the COVID-19 pandemic.

    The initiative called “Salute to the Ultimate 120 with the Power of Change” is in collaboration with Forbes India.

    “This initiative is a testament to salute those leaders who are helping people help each other and offer creative solutions to tackle the pandemic,” the company said in a statement.

    Forbes India will come out with four special issues. Each issue will be centred on each of the four pillars – Innovation, endurance, performance, and style and highlight the creative minds of influencers.

    The same will be featured on other platforms in a video format to highlight the contribution. As part of this collaboration, OPPO has also felicitated the influencers with their recently launched Find X2 Pro smartphone, it added.

  • Fujifilm donates 200 PPE kits to Holy Spirit Hospital in Mumbai

    Fujifilm donates 200 PPE kits to Holy Spirit Hospital in Mumbai

    Japanese photography and imaging major Fujifilm today said it has donated around 200 Personal Protective Equipments (PPEs) kits to healthcare professionals at the Holy Spirit hospital in Mumbai. To combat the spread of the disease

    Japanese photography and imaging major Fujifilm today said it has donated around 200 Personal Protective Equipments (PPEs) kits to healthcare professionals at the Holy Spirit hospital in Mumbai.

    To combat the spread of the disease, Fujifilm is providing these essential PPE kits to doctors, which include surgeon gown, face mask, gloves, preventive eye wear, hood cap and shoe cover, an official statement said.

    Commenting on this, Fujifilm India Pvt Managing Director Mr. Haruto Iwata said: “We all are witnessing an unprecedented and difficult time of our lives due to COVID-19 global pandemic. As Mumbai battles the highest number of coronavirus cases in India, we wanted to show our support to the healthcare professionals and salute these health warriors for stepping up for the country selflessly.”

    In addition, the company is installing Computed Radiology, Digital Radiology systems and imagers across isolation wards at hospitals to ensure effective monitoring and controlling the disease outbreaks. These technologies will empower clinicians to improve efficiency and expedite the early diagnosis of the disease.