CSR Dashboard

Tag: #CSR

  • Muthoot Finance hikes CSR spend to Rs 174 crore for FY27

    Muthoot Finance hikes CSR spend to Rs 174 crore for FY27

    Muthoot Finance, India’s largest gold loan non-banking financial company, said on Monday it will boost its Corporate Social Responsibility (CSR) spending to Rs 174.03 crore for fiscal year 2027, extending programmes in healthcare, education and housing to underserved communities nationwide.

    The Muthoot Finance CSR outlay follows FY26 spending of Rs 106.42 crore, which the company said reached approximately 3.37 million beneficiaries through initiatives spanning education, healthcare, livelihood support, community development and sports promotion.

    “At Muthoot Finance, we believe sustainable growth must go hand in hand with meaningful social impact,” Managing Director George Alexander Muthoot said in a statement.

    He said the FY26 results reflected the company’s commitment to underserved communities through healthcare, education, housing and social inclusion programmes.

    Education remained a central focus of the Muthoot Finance CSR strategy, with flagship programmes including the Muthoot M. George Excellence Awards, higher education scholarships and the Muthoot Shiksha Jyothi initiative supporting nearly 11,900 students, including first-generation learners, the company said.

    Muthoot Finance has also established several educational institutions, including Sanskara School in Kochi, the Muthoot Institute of Technology and Science, and the newly launched Kalaivani School in Tamil Nadu.

    On healthcare, the company said its Muthoot Snehasraya programme and related interventions benefited more than 100,000 people in FY26 through medical outreach, rehabilitation support and community healthcare services.

    The company’s housing initiative, Muthoot Aashiyana, has built more than 270 homes for vulnerable and disaster-affected families since its 2018 launch, providing shelter and stability to underserved households, Muthoot Finance said.

    Muthoot Finance also expanded its Soundscape Project, which provides digital hearing aids to children with hearing impairments, reaching 267 beneficiaries across Kerala, Hyderabad and Mumbai.

    Separately, the company’s prison rehabilitation programme, Radio Parvaaz, supports emotional wellbeing and informal learning among inmates, alongside initiatives for children of incarcerated parents.

    Other community programmes included Box of Hope for fisherwomen’s livelihoods, a maritime safety programme for coastal communities in Tamil Nadu, and Pedal for Progress, which distributes bicycles to tribal students.

    Deputy Managing Director George Muthoot George said the company aims to move beyond addressing immediate needs toward empowering communities for long-term self-reliance.

  • River lift irrigation empowers 5,700 farmers in Bengal

    River lift irrigation empowers 5,700 farmers in Bengal

    A River Lift Irrigation initiative led by Ambuja Foundation has transformed farming livelihoods for more than 5,700 farmers across 23 villages in Farakka, Murshidabad district, West Bengal.

    The foundation, working with partners, installed 25 River Lift Irrigation systems covering nearly 747 hectares of farmland, addressing chronic water scarcity that had confined local agriculture to a single crop cycle, the Foundation said in a statement.

    The River Lift Irrigation systems draw water from a nearby river, lift it to higher elevations and distribute it through an underground pipeline network, minimizing land loss and reducing maintenance costs compared with conventional irrigation infrastructure, according to the foundation.

    To sustain the project, Ambuja Foundation established Water User Groups in all 23 villages to manage operations, finances and maintenance, while engaging local pump operators to keep the systems running. The community-led model generates enough revenue to cover operational costs and wages, while building surplus funds for future upkeep, the foundation said.

    The River Lift Irrigation project has lifted cropping intensity in the region from 100% to 250%, while irrigation efficiency has improved by nearly 30%, the foundation said. Farmers who previously grew a single paddy crop are now cultivating Rabi crops such as mustard, wheat and maize, alongside vegetables including cabbage, cauliflower, potato and tomato, enabling two to three harvests a year.

    The economic impact has been significant. Average annual income per acre in the project area has risen to between 80,000 rupees and 150,000 rupees, from 25,000-30,000 rupees before the systems were installed, marking more than a twofold increase, the foundation said. Agricultural land values in the area have also climbed by nearly 20%, strengthening household assets.

    “Ambuja Foundation is committed to bring a meaningful change in rural India. Therefore, we supported rural communities in Farakka with River Lift Irrigation systems which allow families to secure sustainable livelihoods within their own villages,” said Chandrakant Kumbhani, CEO of Ambuja Foundation.

    “We look forward to collaborating on more projects under our sustainable agriculture program to strengthen and support rural communities on their journey toward economic resilience.”

    The initiative forms part of Ambuja Foundation’s broader sustainable agriculture program aimed at improving rural incomes and water resource management across India.

  • HCLFoundation’s Sports for Change National Finals empower 600 athletes

    HCLFoundation’s Sports for Change National Finals empower 600 athletes

    HCLFoundation, the corporate social responsibility arm of HCLTech, on Tuesday said it hosted the eighth edition of the Sports for Change National Finals 2026 at Gautam Buddha University, bringing together 600 young athletes from 15 states over three days.

    The Sports for Change National Finals empower grassroots talent by giving underserved children a platform to compete at the national level, the foundation said in a statement.

    The three-day event featured 300 boys and 300 girls who had qualified through district, state and zonal competitions in football, kabaddi, volleyball, kho kho, archery, badminton and table tennis.

    Participants represented states and union territories including Uttar Pradesh, Ladakh, Tamil Nadu, Andhra Pradesh, Telangana, Kerala, Maharashtra, Madhya Pradesh, Chhattisgarh, Rajasthan, Karnataka, West Bengal, Assam, Sikkim and Nagaland, the foundation said.

    “At HCLFoundation, we believe every child, regardless of their socio-economic background, deserves the opportunity to discover their potential and pursue their aspirations,” said Dr. Nidhi Pundhir, Senior Vice President, Global CSR at HCLTech and Director of HCLFoundation.

    “By nurturing grassroots talent and fostering an environment where young athletes are encouraged to dream bigger, build resilience and strive for excellence, we hope the National Finals inspire every participant to realize that their circumstances need not define their future.”

    The Sports for Change programme has reached more than 74,000 children and youth across India since inception, including 474 para-athletes, the foundation said.

    More than 12,000 young athletes took part in this year’s competitions, and over 30 sports scholarships covering coaching, equipment, nutrition and training access will be awarded to top performers.

    The initiative has enabled more than 490 athletes to advance to national-level competitions, with 38 going on to represent India internationally, the foundation said.

    Notable alumni include badminton player Jerlin Anika, sprinter Preeti Pal, rugby player Akshaya, powerlifter Rajkumari and chess player Kanishri.

    HCLFoundation said it has positively impacted more than 8.5 million lives to date through programmes focused on education, grassroots sports, health, sanitation, skill development, livelihood and environmental initiatives.

    HCLTech, its parent company, employs more than 223,000 people across 60 countries and reported consolidated revenues of USD 14.8 billion for the 12 months ended June 2026.

  • Belstar Microfinance empowers Anandam Trust with van

    Belstar Microfinance empowers Anandam Trust with van

    Belstar Microfinance Limited, a subsidiary of Muthoot Finance Limited, had donated a Maruti Eeco van to Anandam Trust, a home for senior citizens, as part of a community outreach programme aimed at improving emergency healthcare access for elderly residents.

    The Belstar Microfinance Van Donation will help more than 110 elderly residents at the trust reach nearby hospitals quickly during medical emergencies, the company said in a statement.

    Anandam Trust also runs daily tuition classes for underprivileged schoolchildren with learning difficulties, and the vehicle will additionally be used to transport students between locations.

    Company executives said timely access to transport can be critical for elderly residents without family support or independent income, and that the initiative reflects Belstar’s broader focus on community welfare beyond its core lending business.

    “At Belstar, we believe that meaningful progress extends beyond financial services and is reflected in the positive difference we create in the communities around us,” said J. Balakrishnan, Whole Time Director and Chief Executive Officer of Belstar Microfinance Limited.

    “Supporting initiatives that address essential needs, especially for senior citizens, is a step towards building stronger and more caring communities.”

    Bhageerathy Ramamoorthy, Managing Trustee of Anandam Trust, thanked Belstar Microfinance and its leadership for the contribution, saying the van would directly support the healthcare and emergency transportation needs of residents at Anandam Old Age Home.

    Belstar Microfinance, ranked among India’s top 10 NBFC-MFIs, holds an “AA/Stable” credit rating from CRISIL and operates across 19 states and two union territories, offering micro-enterprise, education, consumer and emergency loans, along with gold loans in select southern states.

    The company said its business model follows a double bottom line approach, balancing financial performance with social impact, particularly through women’s economic empowerment.

  • Maruti Suzuki signs Gujarat MoU for five ITI labs

    Maruti Suzuki signs Gujarat MoU for five ITI labs

    Maruti Suzuki India Limited has signed a Memorandum of Understanding with the Directorate of Employment and Training (DET), Government of Gujarat, to establish Advanced Manufacturing Labs (AMLs) at Industrial Training Institutes in Palanpur, Bhavnagar, Surendranagar, Godhra, and Dahod, the company announced.

    The initiative, developed under Maruti Suzuki’s Corporate Social Responsibility program, is aligned with the Government of India’s Skill India mission and aims to build a future-ready automotive workforce across the state.

    The Advanced Manufacturing Labs replicate real-world shop-floor conditions and provide hands-on training in assembly, welding, painting, machining, mechatronics, and industrial safety — areas directly relevant to modern automotive manufacturing.

    EXPANDING MANUFACTURING FOOTPRINT

    The Skill India push in Gujarat coincides with a significant expansion of Maruti Suzuki’s manufacturing operations in the state. The company is set to commission a fourth production line at its Hansalpur facility this year, raising total annual capacity there from 750,000 units to 1 million units.

    In addition, Maruti Suzuki is constructing a new plant at Sanand with a capacity of 1 million units annually. Once operational, the company’s combined annual production capacity in Gujarat will reach 2 million units.

    EXECUTIVES SPEAK

    Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India Limited, said the company’s Skill India alignment was central to creating livelihood opportunities for young people.

    “Through Advanced Manufacturing Labs, we are equipping students with experiential learning and confidence in modern equipment, nurturing professionals who can seamlessly integrate into the evolving automotive ecosystem,” Bharti said.

    He added that each manufacturing expansion brought with it a demand for skilled, job-ready talent, and that the AMLs were designed to meet that need directly.

    Ms. Stuti Charan, IAS, Director, DET, Government of Gujarat, said the initiative bridges a longstanding gap between classroom instruction and industry expectations.

    “This initiative will empower our youth and strengthen Gujarat’s position as a hub for the automotive sector, in line with the Prime Minister’s vision of Viksit Bharat and the Chief Minister’s guidance toward Viksit Gujarat 2047,” Charan said.

    NATIONAL SCALE

    Maruti Suzuki currently supports 31 ITIs across India in manufacturing-related trades. The company has established 18 AMLs nationwide to date. With the five new Gujarat labs, the total will rise to 23 AMLs operating across seven states and union territories — Gujarat, Haryana, Uttar Pradesh, Bihar, Madhya Pradesh, Punjab, and Chandigarh.

    The company also operates four Japan-India Institutes for Manufacturing in Gujarat, at Mehsana and Gandhinagar, and in Haryana, at Manesar and Sonipat. The institutes were established as a bilateral initiative between the Governments of India and Japan to develop a skilled manufacturing workforce.

  • HCLFoundation seeks NGO applications for Rs 24 Crore HCLTech Grant Edition XII

    HCLFoundation seeks NGO applications for Rs 24 Crore HCLTech Grant Edition XII

    HCLFoundation has invited applications from non-profit organisations across India for Edition XII of the HCLTech Grant, Rs 24 crore initiative targeting transformative rural development across four themes — water, biodiversity, health and education.

    The corporate social responsibility arm of global technology company HCLTech is accepting submissions at www.hclfoundation.org/hcltech-grant until June 30, 2026, the Foundation said in a statement on Thursday.

    Four winning organisations, one from each theme, will receive Rs 5 crore each. Eight additional NGOs will receive Rs 50 lakh each for proposed projects across the same categories.

    “Some of the most transformative solutions emerge from grassroots organisations deeply connected to the communities they serve,” said Dr Nidhi Pundhir, Director, HCLFoundation.

    “Through this edition of HCLTech Grant, we aim to provide a platform for NGOs to unleash their potential, scale innovative ideas and create sustainable change.”

    The HCLTech Grant has to date reached 2.3 million lives across 61,000 villages in India. Funded initiatives have resulted in the planting of more than three lakh saplings, rejuvenation of over 68,300 hectares of land and a reduction of more than 67,000 tonnes of CO2 emissions. Total commitments under the programme now exceed ₹203 crore.

    Winners of Edition XI included Gramin Vikas Vigyan Samiti from Rajasthan, Live Foundation from Jharkhand, Goodwill Foundation from Mizoram and Mahila Jan Adhikar Samiti from Rajasthan, each receiving Rs 5 crore for projects spanning water harvesting, biodiversity conservation, healthcare access and gender equality through education.

    HCLFoundation also announced the HCLTech Grant Edition XII Pan India Symposiums 2026, scheduled in Bhubaneswar, Chennai, Nagpur and New Delhi, to bring together NGOs, government bodies, corporates and policymakers on the role of CSR in nation building.

    HCLFoundation has positively impacted over 8.4 million lives through long-term programmes in education, health, sanitation, skill development, environment and disaster risk reduction.

  • Visually impaired Cricket CSR: Maruti Suzuki’s eParivartan drive hits the pitch

    Visually impaired Cricket CSR: Maruti Suzuki’s eParivartan drive hits the pitch

    Maruti Suzuki India Limited hosted a series of cricket matches with visually impaired players under its employee volunteering CSR initiative, ‘eParivartan‘, bringing together corporate employees and athletes from the Cricket Association for the Blind, Delhi (CABD) in a bid to champion social inclusion.

    The matches, held at the fully accessible SportsCube Center for Excellence in Sector 70, Gurgaon, saw two 10-over games played between Maruti Suzuki staff and CABD cricketers. The visually impaired cricket CSR event followed official blind cricket guidelines, incorporating audible balls and adapted rules for batting, bowling, and fielding. CABD won both matches.

    The initiative, part of the company’s broader eParivartan employee volunteering program, is designed to foster empathy, respect, and cross-community teamwork among corporate employees.

    “Playing alongside these remarkable cricketers reminded our team of their incredible talent, determination, and spirit,” said Rahul Bharti, Senior Executive Officer, Corporate Affairs, Maruti Suzuki India in a statement.

    “Such interactions help us nurture empathy, embrace the spirit of equality, and inspire us to grow as more holistic human beings.”

    Maruti Suzuki also presented cricket kits to the CABD as part of the event.

    The visually impaired cricket CSR drive is one of more than 30 community activities logged under eParivartan in FY 2025–26, during which over 1,100 employees volunteered more than 2,600 hours, positively impacting upwards of 8,700 individuals across health, education, and youth engagement programmes.

    The Cricket Association for the Blind in India (CABI), with which CABD is affiliated, governs blind cricket nationally and has been instrumental in expanding opportunities for visually impaired athletes across the country.

  • CSR Social Stock Exchange: India opens 10% investment window for firms

    CSR Social Stock Exchange: India opens 10% investment window for firms

    The corporate affairs ministry has opened a new funding channel for nonprofits, allowing companies to direct up to 10 per cent of their mandatory corporate social responsibility spending into zero coupon zero principal instruments listed on the Social Stock Exchange, in a move aimed at deepening transparency in social sector financing.

    The amendment, effective immediately, inserts the subscription to such instruments into Schedule VII of the Companies Act, 2013 — the schedule that governs permissible CSR activities for profit-making companies required to spend at least 2 per cent of their three-year average net profit annually on social causes.

    Under the revised CSR Policy Rules, 2014, definitions for both not-for-profit organisations and zero coupon zero principal instruments have been formally introduced for the first time, providing regulatory clarity to companies seeking to deploy funds through the Social Stock Exchange.

    Not-for-profit organisations will be able to issue these instruments through the Social Stock Exchange in accordance with regulations set by the Securities and Exchange Board of India, the ministry said in a statement on Friday.

    Unlike conventional bonds, zero coupon zero principal instruments carry no interest payments and no repayment of principal, functioning instead as a regulated grant or social investment vehicle designed to fund public welfare projects.

    “It helps in furtherance of a transparent and credible mode of funding CSR projects by companies and enables social enterprises to access a wider pool of capital,” said Anshul Jain, Partner Regulatory at PwC India.

    The 10 per cent cap on CSR Social Stock Exchange investments per financial year is intended to balance innovation with fiscal discipline, ensuring core CSR commitments remain intact while creating fresh pathways for social capital mobilisation.

    The Social Stock Exchange, established under SEBI oversight, is designed to bring market discipline and disclosure standards to social sector funding — a segment historically dominated by opaque grant-making and bilateral philanthropy.

  • Toyota Kirloskar’s CSR hygiene programme did what Swachh Bharat couldn’t

    Toyota Kirloskar’s CSR hygiene programme did what Swachh Bharat couldn’t

    When Toyota Kirloskar Motor (TKM) built toilets in Karnataka village schools nearly a decade ago, it discovered a problem it had not anticipated: nobody was using them.

    Root cause analysis revealed why communities held a deeply ingrained belief that an in-compound toilet was unclean. Going outdoors, they maintained, was the healthier option.

    The finding prompted TKM to stop further construction and redirect its corporate social responsibility effort toward behavioural change, launching what would become the ABCD — A Behavioural Change Demonstration — programme in 2015-16.

    The initiative has since reached 6,69,322 students, teachers and community members across 1,300 government schools in Karnataka and drawn recognition from Harvard Business School, which has featured it as a case study.

    The programme’s early breakthrough came from an unexpected quarter, TKM Country Head and Executive Vice President (corporate affairs and governance) Vikram Gulati told PTI.

    In one Ramanagara village, two girls aged approximately 11 and 12 organised a classmate hunger strike, refusing to eat until their families built home toilets. The strike succeeded.

    “This actually led to the first breakthrough,” Gulati said.

    The programme trained children in handwashing technique, toilet use and personal hygiene, positioning them as agents of behavioural change within their households and wider communities. Schools competed on hygiene standards. Children carried lessons home. The ripple effect — by design — travelled from classroom to household to community.

    When the programme expanded to Raichur, one of India’s government-designated Aspirational Districts, the company said a baseline survey across 500 schools in December 2023 exposed how deep the crisis ran.

    Only 48 per cent of required toilets existed. Of those, just 20 per cent were usable. Twelve per cent of schools lacked a single functional handwashing unit. Ninety per cent of students depended on open tap water. One in four children still practised open defecation.

    At home, the picture was no better: 44 per cent of students had no toilet at all.

    India’s Swachh Bharat, or Clean India, Mission has constructed tens of millions of toilets since its launch in 2014 under Prime Minister Narendra Modi. Independent researchers and government field assessments have repeatedly flagged the gap between construction targets and actual usage, citing behavioural barriers, poor maintenance and water scarcity as persistent obstacles.

    Over two years of implementation in Raichur and neighbouring Lingasuguru, toilet usage among students rose from 76 per cent to 95 per cent, according to TKM data.

    Handwashing compliance increased from 20.5 per cent to 100 per cent.

    Seventy-five toilets and 30 urinals were constructed. Fifty-eight handwash taps were installed or repaired. Twenty-eight schools received safe drinking water access. Menstrual hygiene sessions were conducted for 3,546 adolescent girls.

    At the community level, 1,382 parents were motivated to construct home toilets during the programme period; 38 completed construction.

    Harvard Business School has recognised ABCD as a case study. The Ivey Business School has published it — rare international acknowledgment for a sanitation initiative rooted in rural India, the TKM Said.

    The ABCD programme sits within a broader corporate social responsibility architecture that TKM has been expanding rapidly.

    Since 2001, the company’s CSR work has spanned education, health, environment, skill development, road safety and disaster management, guided by what it describes as a “Child to Community” approach. TKM spent Rs. 104.7 crore on CSR activities in FY 2025-26, reflecting the scale of its social investment commitments.

    In the 2025-26 financial year, TKM significantly widened its geographic footprint, extending its reach from communities around its manufacturing base to 12 states — among them Uttarakhand, Nagaland, Andhra Pradesh, Tamil Nadu, West Bengal and Odisha.

    The company plans to expand further to 22 states in 2026-27, framing the ambition under a stated vision of “Grow India, Grow with India.”

    “TKM is strengthening health infrastructure through preventive and curative interventions, enhancing the quality of education, and improving employability,” Gulati said, describing the overall mission as creating “Mass Happiness for All.”

    The Raichur intervention is ongoing. The earlier Ramanagara phase has stabilised, he added.

    Source: PTI

  • Syngenta India sponsors 650 motorised tricycles to empower specially abled citizens in Madhya Pradesh

    Syngenta India sponsors 650 motorised tricycles to empower specially abled citizens in Madhya Pradesh

    Agro-innovation company Syngenta India has launched what it called a first-of-its-kind corporate social responsibility initiative, committing to sponsor 650 motorised tricycles for specially abled individuals in Madhya Pradesh, in a move that links agricultural enterprise with disability inclusion.

    The first batch of vehicles was handed over on Sunday by Union Agriculture Minister Shivraj Singh Chouhan at the Unnat Krishi Mahotsav 2026, an agriculture exhibition and conference held in Raisen, Madhya Pradesh, on April 12.

    “Empowering them with mobility is a critical step towards ensuring dignity, inclusion, and self-reliance,” Chouhan said, adding that the government remained committed to addressing the needs of marginalised communities, including the Divyangjan — a Hindi term for persons with disabilities. He singled out the Vidisha region, his parliamentary constituency, as a focus area for broader mobility initiatives.

    Chouhan framed the distribution of motorised tricycles not merely as a mobility intervention but as a pathway to economic participation, saying recipients could use the vehicles as livelihood tools and engage in local rural economies.

    Vivek Sharma, officiating Managing Director and Head of Marketing at Syngenta India, said the initiative was anchored in the company’s sustainability priorities, integrating social inclusion with agricultural advancement. He said the programme aimed to support last-mile connectivity, on-farm engagement and participation in rural enterprises across the agricultural value chain.

    Sharma said Syngenta planned to complement the mobility support with skill development and improved market access, with the stated aim of enabling “long-term transformation at the grassroots.”

    Syngenta India has operated in Madhya Pradesh through several community development programmes, including I RISE, a rural skilling initiative; I CLEAN, a market-access and hygiene awareness programme; and I SAFE, which promotes responsible use of agricultural inputs. At the Raisen exhibition, the company showcased new products and technologies for farmers.