Tag: #SocialImpact

  • Fleetguard blood donation camps collect 773 units in Pune

    Fleetguard blood donation camps collect 773 units in Pune

    Fleetguard Filters Pvt Ltd (FFPL), a manufacturer of filtration solutions for on- and off-highway applications, said its annual blood donation camps across Pune concluded this week with a cumulative collection of 773 units of blood.

    The blood donation camps were held across four locations — Loni, Wadki, Nandur and Baner — as part of the company’s Corporate Social Responsibility (CSR) programme, with the final camp at Baner concluding on September 9.

    Loni recorded 270 donations, followed by Nandur with 332 and Wadki with 126, bringing participation across the three manufacturing sites to 728 units. The corporate office in Baner added a further 45 donations, taking the overall total for this year’s blood donation camps to 773.

    The company said the camps, held annually across its Pune offices and manufacturing plants, form part of its broader focus on healthcare and preventive healthcare under its CSR initiatives.

    Niranjan Kisloskar, Managing Director, Fleetguard Filters Pvt Ltd., said the company’s responsibility toward surrounding communities extended beyond its business operations. He said the blood donation camps gave employees a simple but meaningful way to contribute to a cause that could directly support lives in need, adding that participation levels reflected employees’ commitment to social impact.

    Fleetguard said its CSR initiatives are aimed at creating long-term social value through programmes spanning healthcare, education, environment, rural development and community welfare, with healthcare and preventive healthcare — including blood donation and health camps — remaining a core focus area.

    Fleetguard Filters Private Limited, established in 1987, is a filtration solutions provider partnered with Atmus Filtration Technologies, formerly Cummins Filtration U.S.A. The company holds NABL accreditation and serves on- and off-highway applications across multiple industries.

  • Aries Agro CSR initiatives empower rural girls, disabled Indians with tech

    Aries Agro CSR initiatives empower rural girls, disabled Indians with tech

    Aries Agro Limited, a specialty plant nutrition company, said on Sunday it is expanding its Aries Agro CSR initiatives in 2026 through two technology-driven programmes designed to empower underserved communities in education and healthcare.

    The company said the initiatives would directly reach more than 2,000 rural students, 55 visually impaired individuals and 90 upper-limb amputees across India, combining digital infrastructure, assistive devices and rehabilitation support.

    Rural Education Push

    Under the first programme, Aries Agro is setting up computer labs with laptops across eight rural schools in Rajasthan where digital access previously did not exist. Working with IndiVillage Foundation, the company said the initiative will empower 600 girls aged 6 to 16 with training in coding, artificial intelligence, software design and game development, while 1,500 additional students will receive foundational digital literacy training.

    Company officials said the goal is to close the rural digital and gender divide and build workforce-ready skills among young girls in technology fields.

    Assistive Technology for Disabled

    The second programme, according to the company, will empower 55 visually impaired college students and professionals in Lucknow and Ahmedabad with AI-powered smart glasses that convert printed text to audio in 20 languages and support object, currency and sign recognition.

    Separately, Aries Agro is distributing electronically functional prosthetic hands, capable of lifting up to 10 kg, to 90 farmers and daily wage workers in Andhra Pradesh, Telangana and Maharashtra who lost limbs in workplace accidents. The programme includes physiotherapy and counselling to help beneficiaries adapt long-term.

    Key partners include Dr. Shakuntala Misra National Rehabilitation University in Lucknow, Torchit Foundation and Inali Foundation, the company said.

    Aries Agro said its broader CSR strategy aims to build lasting capability and infrastructure rather than provide one-time assistance, reinforcing its Aries Agro CSR initiatives as a long-term model for inclusive development.

  • Bosch India’s Spark of Joy successfully raises funds for 17 projects

    Bosch India’s Spark of Joy successfully raises funds for 17 projects

    Bosch India’s Spark of Joy event successfully raised funds for 17 projects across six cities, impacting over 5,000 underprivileged beneficiaries, the company said Thursday, marking another milestone for its employee-led social engagement initiative.

    The event, organized through Primavera India, the company’s employee-led social engagement initiative, was themed “Bandhan – Celebrating Togetherness” and featured 14 performances spanning music, classical and contemporary dance, folk traditions, shadow art, neon effects and puppetry.

    Bosch employees, including AI experts, hardware designers and assembly line staff, rehearsed after work hours for months to stage the performances, the company said, describing the initiative as proof that shared experiences unite people across roles.

    “At Bosch, our ‘Invented for life’ ethos extends beyond business to creating a positive social impact in the communities where we live and work,” said Guruprasad Mudlapur, President of the Bosch Group in India and Managing Director, Bosch Ltd.

    “Initiatives like Spark of Joy show how employee-led initiatives can drive meaningful change, bringing people together for a shared purpose and support causes like education, healthcare, and skilling.”

    Funds raised through this year’s Spark of Joy campaign will support 17 projects across six Indian cities, focused on improving access to education, healthcare, nutrition, rehabilitation and vocational training for underprivileged children, the company said.

    Primavera India has operated as Bosch India’s employee-driven social engagement platform for more than 25 years, partnering with local non-profit organizations to support disadvantaged communities.

  • AWL Agri Business strengthens mid-day meal programme with new vehicles, meal sponsorship

    AWL Agri Business strengthens mid-day meal programme with new vehicles, meal sponsorship

    AWL Agri Business Limited, one of India’s largest food and FMCG companies, said on Tuesday it has strengthened its partnership with The Akshaya Patra Foundation by donating five custom-built insulated food distribution vehicles to support the Foundation’s Mid-Day Meal Programme.

    The company has also committed to sponsoring nutritious mid-day meals for more than 41,000 children studying in government schools across Gandhinagar, it said. The initiative was marked by a vehicle flag-off ceremony held at the company’s corporate headquarters.

    The five customized insulated vehicles will enable the safe and timely delivery of freshly prepared meals to government schools across Surat, Gandhinagar, and Vadodara, strengthening the Foundation’s ability to provide nutritious meals to children every school day, the company said.

    “At AWL Agri Business, we believe that good nutrition is the foundation of a child’s health, education and future,” said Shrikant Kanhere, Managing Director & CEO, AWL Agri Business Ltd. “We are delighted to further strengthen our partnership with The Akshaya Patra Foundation through this initiative, which combines infrastructure support with direct nutritional assistance to children.”

    Sri Raya Rama Dasa, Vice President of The Akshaya Patra Foundation, Gujarat, said the vehicles and meal sponsorship would strengthen the organization’s ability to serve children more efficiently. “Together, these efforts will help us combat classroom hunger, improve school attendance and help more children to learn and thrive,” he said.

    The partnership builds on a long-standing association between the two organizations. To date, AWL Agri Business has served more than 700,000 mid-day meals to school children and provided 14 food delivery vehicles, covering more than 27,000 children across 129 schools, the company said.

    The Mid-Day Meal Programme initiative also supports Fortune SuPoshan, AWL’s flagship CSR programme addressing malnutrition and anaemia among women and children, the company said.

    AWL Agri Business Ltd., formerly known as Adani Wilmar Ltd., is one of India’s largest food and FMCG companies, with more than 80 manufacturing facilities across 11 states, including what it says is India’s largest single-location refinery, located in Mundra with a 5,000-tonne-per-day capacity. Its Fortune brand reaches more than 135 million households, the company said.

  • 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.

  • 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.

  • 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.

  • DEVI Sansthan to list on Social Stock Exchange to scale foundational learning

    DEVI Sansthan to list on Social Stock Exchange to scale foundational learning

    DEVI Sansthan (Dignity Education Vision International), a 33-year-old not-for-profit organisation focused on foundational literacy and numeracy, is set to make a landmark entry onto the Bombay Stock Exchange’s Social Stock Exchange (SSE), with its public issue scheduled to open on June 29, 2026.

    The Social Stock Exchange listing marks a significant milestone for the Ranchi-based organisation, positioning it among a small group of social enterprises to access transparent, impact-aligned public funding through India’s regulated capital markets framework.

    Funds raised through the issue will be channelled into foundational literacy and numeracy programmes, teacher training, learning outcome assessments, accelerated learning interventions, and school-based education models aimed at improving learning outcomes at scale across underserved communities.

    Founded in 1992 by educationist and former World Bank economist Dr. Sunita Gandhi — who also serves as Chief Academic Advisor of City Montessori School, recognised as the world’s largest school — DEVI Sansthan operates through its proprietary ALfA (Accelerating Learning for All) methodology. The model deploys peer-learning-based approaches to help children acquire foundational reading, writing, and arithmetic skills in a significantly compressed timeframe.

    “For decades, we have seen millions of children move through education systems without acquiring basic reading and arithmetic skills,” Gandhi, Founder and CEO of DEVI Sansthan said in a statement.

    “The Social Stock Exchange listing is an important step towards strengthening transparency, expanding collaborations, and taking foundational learning interventions to communities that need them the most.”

    Nixon Joseph, Group Executive Director of DEVI Sansthan and former President of SBI Foundation, said foundational literacy and numeracy represented one of the most critical challenges within the education ecosystem today.

    “The Social Stock Exchange listing reflects our commitment towards transparency, accountability, and long-term impact,” Joseph said. “It will help us strengthen our outreach, deepen collaborations, and expand access to quality foundational learning for underserved communities across geographies.”

    The organisation’s work currently spans foundational learning interventions, educator capacity-building programmes, learning outcome assessments, and large-scale literacy campaigns targeting children, youth, and adults across the Ranchi district. DEVI Sansthan collaborates with government agencies, schools, and private stakeholders to build what it describes as sustainable learning ecosystems at scale.

    The BSE Social Stock Exchange was established to connect social enterprises with mainstream capital markets investors seeking measurable social impact alongside financial accountability.

  • 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.

  • Malabar Gold pledges bold Rs 200 cr CSR push in 2026-27

    Malabar Gold pledges bold Rs 200 cr CSR push in 2026-27

    Malabar Gold & Diamonds has kicked off its most ambitious Corporate Social Responsibility cycle to date, with a bold Rs 200 crore programme for 2026-27 now under way across 19 states.

    The retail jewellery group unveiled the plan earlier this week at the Dr. Ambedkar International Centre in New Delhi, where Union Minister for Commerce and Industry Piyush Goyal inaugurated the distribution of educational scholarships for 33,000 girl students.

    The Malabar Gold CSR 2026-27 initiative spans 15 major programmes at more than 3,000 locations and is designed to benefit over two lakh people by the end of the financial year.

    “Malabar Gold & Diamonds’ decision to allocate INR 200 crore towards CSR will further strengthen the nation’s progress,” Goyal said at the launch event Wednesday. He emphasised that India’s growth is rooted in the empowerment of women and girls.

    Education receives the largest share at Rs 114 crore. Scholarships are now being distributed to students across 284 districts in 18 states — a rollout timed to mark the group’s 33rd anniversary. Micro-learning centres for street children, run in partnership with the Pratham Education Foundation, are also being expanded this year from 1,543 to 2,500 locations across 17 states, with enrolment targets rising from 64,000 to one lakh students.

    Group Chairman M.P. Ahammad said “human resource development is the backbone of national growth,” and added that the scholarship programme gives students the means to contribute to national development. Pratham CEO Rukmini Banerji, who attended the New Delhi launch, called the micro-learning model a proven route to reaching the hardest-to-reach children.

    Food security is the second-largest priority. The Hunger Free World project, allocated Rs 30 crore, already provides daily nutritious meals to 1,15,000 people in India, Zambia, and Ethiopia — a figure the group aims to grow through this cycle. The Grandma Home initiative for destitute mothers anchors the Rs 25 crore housing allocation, while Rs 14.2 crore funds healthcare access, including subsidised medicines through Malabar-Thanal pharmacies.

    Environmental protection receives Rs 10 crore, with the remaining Rs 6.8 crore directed at other humanitarian activities.

    The programmes are administered by the Malabar Charitable Trust, which channels five per cent of the company’s net trading profit into CSR activities annually. The group operates under ESG principles centred on women’s empowerment, healthcare, and education.

    The launch on Wednesday was attended by Malabar Group Managing Director of India Operations Asher Ottamoochikkal, Executive Directors Nishad A.K. and Abdulla Ibrahim, Kerala House Resident Commissioner Puneet Kumar, and Thanal Chairman Idris.