WIPRO SOCIAL AUDIT SYSTEM-IMPACT ON SOCIETYSangam Lalsivaraju,sec-c,138Wipro Limited (formerly Western India Products Limited) is an Indian multinationalprovider of Information technology (IT) services, consulting and outsourcing services. It isheadquartered in Bangalore, India. As of 2012, the company has over 130,000 employees anda worldwide presence with global centres across 54 countries.The company operates in four segments:1. IT products and services,2. Consumer care and lighting,3. Healthcare4. Infrastructure engineering.The company was incorporated on 29th December 1945 at Mumbai by MohamedHashamPremji as Western India Products Limited, later abbreviated to Wipro. It was initiallyset up as a manufacturer of vegetable ghee, vanaspati, refined oils including salad oil inAmalner, Maharashtra under the trade names of Kisan, Sunflower and Camel.The companylogo still contains a sunflower to reflect their original business.In 1966, post his father‟s death AzimPremji rushed back from Stanford University and tookover Wipro as a chairman at the age of 21. He was instrumental in transforming Wipro into amulti-billion dollar diversified corporation. AzimPremji is a major shareholder in Wipro.During the 1970s and 1980s, the company shifted its focus and began to look into businessopportunities in the IT and computing industry, which was at a nascent stage in India at thattime. In 1977, the name of the Company was changed from Western India VegetableProducts Limited., to Wipro Products Limited., with effect from 7th June.Wipro‟s approach to sustainability is structured on enabling itself, as an organization, and itscustomers to be more ecologically sustainable. It is driven by issues considered important toemployees, current and future generations, customers, investors, suppliers and the communityas a whole. Wipro has been ranked 1st in the 2010 Asian Sustainability Rating (ASRTM) ofIndian companies.Social Audit System ofWipro: Corporations are socio-economic citizens.–Assuch their objectives have to be congruent with societys goals.–Today, they wield significant capacity to influence social issues,i.e. a“powerto dogood” This “power to do good” is a responsibility. Wipro believes this must Manifest in a thoughtful & deliberate set of initiatives, not in charity.-These must reflect the same level of rigor & strategic thinking as in business initiatives.
• Wipro believes it can make a lasting impact to create a just, equitable &human society. This is reason enough to act.•Wipro has chosen to focus on Education & Ecology, in its journeyTowards being a Responsible Global Corporation.Impact of Company on Society:Good Citizenship Initiatives: Wipro is based on a foundation of VALUES. Anchored in its values and drivenby its credo „Applying Thought‟, Wipro has chosen to pursueGood Citizenship.Wipro’s view of Good Citizenship: Business with Integrity Clearly & finelyArticulated Code ofBusiness Conduct GoodGovernance to achievethe highest levels Of Transparency & Propriety Ecological Sustainability Conserve EnergyConserve Water ManageWaste in a SustainablewayPreserve & EnhanceBiodiversity Social & Community Initiatives Contribute to Society bycatalyzing systematicimprovement InEducationContribute to the localCommunitiesthat wiprooperate in.Spirit of Wipro: 1. Intensity to win i. Make customers successful. ii. Team, Innovate, Excel. 2. Act with sensitivity i. Respect for the individual. ii. Thoughtful and responsible. 3. Unyielding Integrity i. Delivering on commitments. ii. Honesty and fairness in action.
Services for Current GenerationCommunity:Wipro Cares: • Respond to needs of local communities: Educational opportunities, Health & Wellbeing, Environment. • Disaster rehabilitation. • Employee engagement. Mission 10X:Infuse innovation & experientiallearning into college educationand therebyincreaseemployability of graduate engineers.Services for Future GenerationsEcology:Strive to weaveecological sustainability into every dimension of Wipro‟s business Help thesociety become ecologically sustainable.Society:Wipro ApplyingThought inSchools:Create capacity onthe ground forsystemic reform ineducation, bypartnering withsocialorganizations.AzimPremjiFoundation:Contribute to large scale systemic change, focusing on quality of education in ruralgovernment schools.AzimPremjiUniversity:Be a centre of excellence in Education and allied fields of research and practice