CSR INITIATIVES BY INFOSYS FOUNDATION

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Infosys Limited is an Indian multinational information technology company that provides business consulting, information technology, and outsourcing services. The company was founded in Pune and is headquartered in Bangalore. The company changed its name to Infosys Technologies Private Limited in April 1992 and to Infosys Technologies Limited when it became a public limited company in June 1992. Infosys has been an early adopter of corporate social responsibility (CSR) initiatives. Corporate social responsibility (CSR) has become an integral part of the standard business models for many companies, serving as a platform for businesses to give back to society and create social value, especially within the industry and community in which they function in. Infosys foundation was established in 1996 with a vision for boosting CSR initiatives.

It is a non-profit organization with Sudha Murthy as the chairman of Infosys foundation in India. It also partners with various non-government organizations (NGOs) to make a difference along with local communities. The company has always aimed at contributing to the sustainable development of society and the environment for the betterment of planet earth. The CSR committee comprises two independent directors and the COO and Whole-time Director. The members of the CSR committee are – Kiran Mazumdar-Shaw, Chairperson; U.B. Pravin Rao and Dr. Punita Kumar-Sinha.

Infosys foundation supports programs in areas of Education, Rural Development, Healthcare, Arts & Culture, and Destitute care. It has implemented many programs across various states of India. During the last financial year 2019-2020, it supported COVID-19 PAN India by contributing to the PM CARES fund. This helped hospitals, the destitute, daily wage workers, and underprivileged sections of the society. Also, it took part in the Construction of a Dharamshala at AIIMS, Jhajjar, and providing training to teachers in Andhra Pradesh and Odisha.

The foundation provides access to primary healthcare, awareness of basic hygiene, and treatment for underprivileged patients. It organizes health camps in rural India and also has donated medicines and medical equipment to hospitals. It partners with schools in rural India to enhance and education and library facilities, and promote primary education among underprivileged children. It promotes traditional art, crafts, and dance. They offer financial assistance to underprivileged artists and authors to promote their art. It supports programs of NGOs in the rural areas across India. It also provides vocational training to help the destitute to live with dignity and earn a livelihood. It undertakes programs to improve the welfare of people in rural India. It conducts livelihood projects awareness campaigns on hygiene, sanitation, vocational training, and entrepreneurship.

Recently, Infosys foundation donated 4,000 PPE kits to Mysuru City Corporation. Due to a shortage of PPE kits, the MCC had appealed to Infosys Foundation to donate the kits under its CSR. Infosys Mysuru Manager Anant Bondade handed over the kits to MCC Health Officer Dr. M.S. Jayanth at the MCC Office. Through CSR, the company promotes change and progress throughout the world.

There are myriad reasons why Infosys foundation inspires others. It adds to the prosperity of society. They provide an opportunity to the people who require it and thus subsequently making a positive effect on them and society, in general. Moreover, it inspires people in their surroundings to do the same.