Infosys is committed to the communities in which it operates. This has led to the creation of Infosys Foundation to support the underprivileged sections of society. A not-for-profit initiative aimed at fulfilling the social responsibility of Infosys Ltd., the Infosys Foundation creates opportunities and strives towards a more equitable society.
Established in 1996, the Infosys Foundation supports programs in the areas of education, rural development, healthcare, arts and culture, and destitute care. Its mission is to work in remote regions of several states in India.
The Infosys Foundation takes pride in working with all sections of society, selecting projects with infinite care, and working in areas that traditionally overlooked by society at large.
At the outset, the Infosys Foundation implemented programs in Karnataka, and subsequently extended its coverage to Andhra Pradesh, Arunachal Pradesh, Bihar, Delhi, Gujarat, Jammu & Kashmir, Kerala, Madhya Pradesh, Maharashtra, Orissa, Punjab, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal.
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AN OVERVIEW ON THE CORPORATE SOCIAL RESPONSIBILTY INITIATIVES BY INFOSYS LIMITED
1. 1
AN OVERVIEW ON THE CORPORATE SOCIAL RESPONSIBILTY
INITIATIVES BY INFOSYS LIMITED
Varun Kesavan, Research Scholar, E – Mail Id –
varunkesavan@yahoo.com
INTRODUCTION
Infosys Limited (formerly Infosys Technologies Limited) is an
Indian multinational corporation that provides business consulting, information
technology and outsourcing services. It has its headquarters in Bengaluru,
Karnataka, India.[4]
Infosys is the second-largest Indian IT company by 2017 revenues and 596th
largest public company in world in terms of revenue.[5] On April 19, 2018 its market
capitalisation was $37.32 billion.[6] The credit rating of the company is A- (rating
by Standard & Poor's).[7]
HISTORY
Infosys was established by 7 engineers in Pune, India with an initial capital of $250
in 1981.[8] It was registered as Infosys Consultants Private Limited on July 2,
1981.[9] In 1983, it relocated its office to Bengaluru, Karnataka, India.
2. 2
Name Change: 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. It was later renamed to Infosys Limited in June
2011.[10]
Share listing:An initial public offer (IPO) in February 1993 with an offer price
of ₹95 (equivalent to ₹490 or US$7.50 in 2017) per share against book value
of ₹20 (equivalent to ₹100 or US$1.60 in 2017) per share. The Infosys IPO was
under subscribed but it was "bailed out" by US investment bank Morgan
Stanley which picked up 13% of equity at the offer price.[11] Its shares were listed
in stock exchanges in June 1993 with trading opening at ₹145 (equivalent to ₹750
or US$11 in 2017) per share.[12]
Its shares were listed on NASDAQ in 1999 through ADR route. The share price
surged to ₹8,100 (equivalent to ₹25,000 or US$380 in 2017) by 1999 making it the
costliest share on the market at the time. At that time, Infosys was among the 20
biggest companies by market capitalization on the NASDAQ.[11] The ADR listing
was shifted from NASDAQ to NYSE Euronext to give its European investors better
access to its stock.[13]
Revenue growth: Its annual revenue touched US$100 million in 1999, US$1
billion in 2004 and US$10 billion in 2017.[9]
Geographical expansion: In 2012, Infosys announced a new office in Milwaukee,
Wisconsin to service Harley-Davidson, being the 18th international office in the
3. 3
United States.[14][15] Infosys hired 1,200 United States employees in 2011, and
expanded the workforce by an additional 2,000 employees in 2012.[15]
Product and portfolio expansion: In July 2014, Infosys started a product
subsidiary called, EdgeVerve Systems., focusing on enterprise software products
for business operations, customer service, procurement and commerce network
domains.[16] In August 2015, the Finacle Global Banking Solutions assets were
officially transferred from Infosys and became part of the product
company EdgeVerve Systems product portfolio.[17]
PRODUCTS & SERVICES
It provides software development, maintenance and independent validation
services to companies in finance, insurance, manufacturing and other domains. [18]
One of its known products is Finacle which is a universal banking solution with
various modules for retail & corporate banking
Its key products and services are:
NIA - Next Generation Integrated AI Platform (formerly known as Mana)
Infosys Consulting - a global management consulting service
Infosys Information Platform (IIP)- Analytics platform
4. 4
EdgeVerve Systems which includes Finacle, a global banking platform
Panaya Cloud Suite
Skava
INTERNATIONAL PRESENCE
Infosys had 84 sales and marketing offices and 116 development centers across
the world as at March 31, 2017, with major presence in India, United States, China,
Australia, Japan, Middle East and Europe.
In 2017, 61.9%, 22.5% and 3.2% of its revenues were derived from projects in
North America, Europe and India, respectively. Remaining 12.4% of revenues
were derived from rest of the world
SOCIAL OBLIGATION BY INFOSYS LTD.
MISSION
Infosys is committed to the communities in which it operates. This has led to the
creation of Infosys Foundation to support the underprivileged sections of society.
A not-for-profit initiative aimed at fulfilling the social responsibility of Infosys Ltd.,
the Infosys Foundation creates opportunities and strives towards a more equitable
society.
5. 5
Established in 1996, the Infosys Foundation supports programs in the areas of
education, rural development, healthcare, arts and culture, and destitute care. Its
mission is to work in remote regions of several states in India.
The Infosys Foundation takes pride in working with all sections of society, selecting
projects with infinite care, and working in areas that traditionally overlooked by
society at large.
At the outset, the Infosys Foundation implemented programs in Karnataka, and
subsequently extended its coverage to Andhra Pradesh, Arunachal Pradesh,
Bihar, Delhi, Gujarat, Jammu & Kashmir, Kerala, Madhya Pradesh, Maharashtra,
Orissa, Punjab, Rajasthan, Tamil Nadu, Uttarakhand and West Bengal.
9. 9
KEY INITIATIVES BY INFOSYS FOUNDATION
HEALTHCARE
Access to primary healthcare, awareness of basic hygiene, and treatment of
underprivileged patients beg attention. The Infosys Foundation advances
healthcare by augmenting existing healthcare infrastructure. Since its inception in
1996, the Infosys Foundation has constructed hospital wards, built dharmashalas
(rest houses), and provided medical equipment to various hospitals across India.
The Foundation has also donated medicines in addition to organizing health camps
in rural India. The Infosys Foundation has donated more than INR 50 crore to
expand the capacity of hospitals across India and is involved in several healthcare
programs.
VISION FOR A BLIND-FREE INDIA
The Foundation’s association with SankaraNetralaya aims to provide financial aid
to the economically weaker sections of society. Apart from converting Lady
10. 10
Willingdon Hospital into the Jaslok Community Ophthalmic Centre and purchasing
Heidelberg Retinal Angiogram II to diagnose retinal problems in diabetic patients,
the Foundation has initiated the building of a new community hospital. This hospital
aims to offer 12,000 free surgeries every year and will conduct training programs
in a variety of fields associated with ophthalmology.
CARING AND COMFORTING THE ILL
Joining hands with the Swami Vivekananda Integrated Rural Health Centre
(SVIRHC), the Foundation has contributed immensely towards the eradication of
leprosy. Over the years, SVIRHC has treated 3,747 leprosy patients, 11,083
tuberculosis patients, and conducted free eye operations for 16,869 patients. The
Foundation has also funded the BMCDT Bone Marrow Registry, Bengaluru, to
establish a global bone marrow donor registry in India.
11. 11
PERSONALIZED TREATMENT FOR PSYCHIATRIC AND
NEUROLOGICAL PROBLEMS
The National Institute of Mental Health and Neuro Sciences (NIMHANS) is an
innovative institution offering comprehensive care service for patients suffering
from psychiatric and neurological problems. At every step, Infosys Foundation has
offered financial assistance, paving the way for high quality and affordable
healthcare for patients who require it the most.
GRANTS
Contributed funds to IIT Bombay for cancer research
Granted a corpus fund to the Public Health Foundation of India, New Delhi. The
fund will be used to strengthen education, research, training, technology
development, public communications, and practice in the area of public health in
India
12. 12
Granted funds to the Medical Research Foundation, Chennai for the construction
of new building to serve as a community center for performing free cataract
surgeries on the poor
Granted funds to the Cancer Institute (WIA), Chennai towards the setting up of a
cancer registry and screening project – the HPV vaccination program
Granted a corpus fund to the Institute of Bioinformatics and Applied Biotechnology,
to set up an Infosys Chair and for research in new drug target discovery, and drugs
targeting parasitical infections and cancer
Granted funds to the Schizophrenia Research Foundation (I), Chennai, towards
establishing a dementia care and resource center and for promoting positive
mental health in schools and colleges
Granted a corpus fund to the Vittala International Institute of Ophthalmology,
Bengaluru. The interest from the fund is being used to provide eye care and related
surgeries for the poor
Funded the BMCDT Bone Marrow Registry, Bengaluru to establish a global bone
marrow donor registry in India to help patients of South Eastern origin
Granted a corpus fund to the Bengaluru Kidney Foundation. The interest from the
fund is being used for providing dialysis to the poor.
Granted a fund to the Bengaluru Hospice Trust – Karunashraya. The interest from
the fund is used to provide free palliative care to patients with life limiting illnesses
Granted funds to the SanginiMahilaSewa Cooperative Society, Mumbai for
covering medical expenses of sex workers
13. 13
CONTRIBUTIONS AND SUPPORT
Provided medicines to aged and poor patients suffering from cancer, leprosy,
defects of the heart / kidney, mental illnesses, and other major disorders. Donated
to organizations such as ChittaSanjeevini Charitable Trust to help distribute mental
illness medicines to the poor in rural areas. Provided food for leprosy, tuberculosis,
HIV-positive, and blind patients in Karnataka
Constructed a dharmashala at Kidwai Memorial Institute of Oncology in Bangalore
Donated ambulances to medical centers and hospitals in Kanchipuram, Tamil
Nadu; Gadag, B.R. Hills, and Dakshina
Sponsored the purchase of a new CT scan machine, for the Ramakrishna Mission
Hospital, Itanagar, Arunachal Pradesh
Donated high-tech surgical equipment to hospitals in Mysore, Bijapur, Bellary,
Bangalore, and Hubli in Karnataka, and air conditioners to the Burn Ward, at
Victoria Hospital, Bangalore. Purchased incubators, air conditioning units,
neonatal resuscitation equipment, and refrigerators for Bowring Hospital,
Bangalore
Donated fluorescein angiography equipment to Shree Sharada Devi Eye Hospital,
Pavagada, Karnataka
ASSOCIATIONS & PROGRAMS
Helped cancer patients by sponsoring the Mobile Clinic for cancer detection in rural
areas through HCG Foundation
14. 14
EDUCATION
Education offers the youth a foundation to achieve their potential. However,
millions of children drop out of schools for financial reasons. The Infosys
Foundation promotes primary education among underprivileged children through
global partnerships
INSPIRING AND MENTORING UPCOMING SCIENTISTS
AND MATHEMATICIANS
With the objective of encouraging students to pursue further studies and research
across disciplines, especially in mathematics and science, Infosys Foundation has
partnered with Chennai Mathematical Institute (CMI). The grants from the
Foundation have enabled the institution to enhance its infrastructure along with
certain basic necessities for all student
15. 15
PROVIDING A BOOST TO ENGINEERING STUDENTS
Infosys Foundation started the Spark-IT program in September 2014. Specifically
for engineering students, the three-month course aimed to provide technology and
communication skills training to those who consistently performed well
academically.
The program received a tremendous response and attracted applicants from all
over the country. Infosys Foundation also tied up with a number of institutes in
Delhi, Hyderabad, and Pune in order to gain a wider reach.
ELIMINATING HUNGER IN THE CLASSROOMS
16. 16
One of the most effective ways to curb dropout rates in schools is by feeding its
students so that they do not have to earn to pay for their meals. Nestled in the
Bannerghatta Forest area of Bengaluru, Sri Ramakrishna Vidya Kendra is on a
mission to end classroom hunger among children belonging to the below poverty
line (BPL) segment as well as the local tribal community.
GRANTS
Granted a corpus fund to the Indian Institute of Science (IISC), Bengaluru for
instituting Chair professorships
Granted a corpus fund to the International Institute of Information Technology
(IIIT), Bengaluru for setting up two chair professorships and a Special Training
Program for 100 students
Donated money to schools such as ShivagangaGramaVikasaParishad for
maintenance
Granted a corpus towards a drinking water project, Jaldhara, in Jaipur, along with
funds for health checkups
Instituted a corpus fund whose interest will be used for the midday meal schemes
in several schools in Salem, Kadapa, Mylapore, and Chapra
Granted a corpus fund to the Bangalore Association for Science Education, which
will be used for the welfare of its employees
17. 17
Granted a corpus fund to the Ushas Centre for Exceptional Children, Hubballi. The
interest accrued will be used to provide physiotherapy for special children and
increase the salary of the teachers at the center
Granted a corpus to the Tata Institute of Fundamental Research, Mumbai, for the
'Infosys Award' which carries cash awards for the winners of the Science
Olympiads
Granted funds to Akanksha, the employee – led CSR initiative of the Bhubaneswar
Development Center. The funds will be used to manage the scholarship program
called the PratibhaPoshak for needy students
Granted a corpus fund to the Karnataka Sanskrit University, Bengaluru.
Contributed to trusts such as Public Concern For Governance Trust to help
promote good governance in school children
Contributed towards the AkshayaPatra Foundation midday meal program to cover
capital expenses for its kitchen in Hyderabad
CONTRIBUTINS & SUPPORT
Contributed towards the upliftment of rural schools to buy computers and help
children learn soft skills
Contributed towards school / corpus funds, school furniture, equipment, and so on.
Renovated Gandhinagar, Kottara St. Peter's School, and KapikadZillaPanchayat
schools in Dakshina Kannada, Karnataka.
18. 18
Constructed buildings at KonappanaAgrahara, Bangalore, and donated money to
Isha Education for construction of classrooms at Cuddalore Rural School and Isha
School at Dharmapuri in Tamil Nadu
Helped Bangalore Association for Science towards the development and
maintenance of the Jawaharlal Nehru Planetarium, including funding of the sky
theater program
Constructed a science center at a rural school in the Kolar district of Karnataka –
a one-of-its-kind center in the entire district
Under the Library for Every Rural School project, established more than 60,000
school libraries across Karnataka. More than 50,000 sets of books were donated
in Karnataka, Andhra Pradesh, Tamil Nadu, and Orissa
Supplied books and educational materials to Door Step, a mobile school, which
provides free education to under-privileged children and constructed class rooms
through Sparsh, Pune
Partnered with Tata Institute of Social Sciences to build a hostel for students at its
Mumbai campus
Contributed to new self-employment courses at post-graduation and post-
matriculation levels at the Nrupathunga Educational Institute, Hyderabad
19. 19
ARTS AND CULTURE
Ancient art forms can be preserved and passed down from generation to
generation by showcasing the skills of artists. The Infosys Foundation promotes
traditional art, dance and craft. The Foundation identifies underprivileged artists
who don't have access to contacts or help. These include writers, painters, poets,
and musicians from different walks of life. The Foundation assists them on a need
basis by offering financial assistance, promoting their art, or helping them receive
the much-deserved recognition.
PRESERVING THE PAST FOR THE FUTURE
Infosys Foundation has been a major partner of Raja DinkarKelkar Museum with
the objective of building a ‘Museum City’ at par with international standards.
Currently, the partnership has been successful in upgrading the conventional style
of museum maintenance by digitizing its collections. The Foundation has also
carried out special measures for the betterment of the employees by increasing
their salaries and benefits.
20. 20
PUMPING LIFE INTO THE AILING ART FORMS
Established in 1995, the Uppinakudru Sri DevannaPadmanabha Kamath Memorial
YakshaganaGombeyata Trust is a well-known association, which provides a
platform for artists of the UppinakudruYakshagana puppetry group to pursue their
interests and ensure that this unique art form is preserved. The Foundation has
also enabled them to set up a puppetry academy.
A HOLISTIC APPROACH TOWARDS THE
MAINTENANCE OF MONUMENTS
Monuments, a testimonial to our glorious past, have been slowly and steadily
fading and deteriorating. With a view to help counter this trend, Infosys Foundation
has been proactively taking measures to restore the Someshwara Archaeological
Complex and 14 other heritage structures.
21. 21
GRANTS
Increased the corpus fund for sponsoring various activities at different branches of
BharatiyaVidyaBhavan - Trichy, Agartala, Bengaluru, and Kolkata
Donated to the Corpus fund of the Sanket Trust, RangaShankara, Bengaluru, for
the management and sponsorship of its theater activities
Provided a grant to the Gokhale Institute of Public Affairs, Bengaluru, for
documentation of the works of the ancient Kannada poet, Kumarayasa, and
introducing them to the next generation
Provided a grant to the SreeRamasevaMandali, Bengaluru for organizing classic
music festivals
Granted funds to ManoharGrantha Mala, Dharwad, for publishing and reprinting
Galaganath's complete works in Kannada, spanning six volumes
Contributed towards creation of a corpus fund for instituting an award in the
memory of Ustad Bale Saheb by the Ustad Bale Khan Memorial Trust, Dharwad
22. 22
ASSOCIATIONS & SUPPORT
Organized cultural programs, accommodated travel and remunerative expenses
to promote artists in rural areas of Karnataka and Andhra Pradesh
Supported Sneham Social Welfare Foundation, Chennai , for conducting cultural
programs that promote arts, especially the local arts, in Tamil Nadu
Sponsored the screening of the play , Maya Bazaar, at RangaShankara by Surabhi
–Sri VenkateshwaraNatyaMandali, Hyderabad
Published a book called 'Embroidering Futures' in association with India
Foundation for the Arts. The book traces the roots, traditions, and transition of
'Kantha' from a simple art form to a highly valued one
23. 23
DESTITUTE CARE
Support and vocational training help the destitute to live with dignity and earn a
livelihood. The Infosys Foundation partners with non-government organizations
(NGOs) to support destitute children and women. The Foundation supports
programs of NGOs in rural areas across India:
DIGNITY AND SUPPORT FOR DEVADASI COMMUNITY
One of the key objectives of Infosys Foundation is to eliminate the exploitation of
the devadasi community and ensure their rehabilitation by providing them with
more opportunities. To enable a smooth transition into a new life, the Foundation
has partnered with the Nava JeevanaMahilaOkkoota (NJMO), wherein devadasi
children are offered healthcare facilities and schooling.
24. 24
DIRECTING THE DISTURBED MINDS
The Society for Assistance to Children in Difficult Situations (SATHI) provides a
helping hand to runaway/street children. Infosys Foundation has been a major
supporter of the organization, providing financial and other support. With its
shelters in all major cities of the country, SATHI has been successful in
rehabilitating 47,000 children and teenagers.
STEPPING STONES FOR VISHWAS
Based in Gurgaon, Vision for Health, Welfare and Special Needs (VISHWAS)
caters to the disadvantaged and the marginalized communities. VISHWAS and
Infosys Foundation have collaborated to provide elementary education for 300
children, including those with disabilities. The partnership offers support under
community initiatives in areas such as education, health, and early childhood care.
25. 25
GRANTS
Donated money to Sri Ramakrishna Sevashrama, Pavagada, Karnataka, towards
the supply of fodder for livestock in drought-hit areas, buying ophthalmic
equipment and musical instruments for its school for the blind
Granted funds for the construction of a hostel for destitute girls, to the Parivaar
Education Society, Kolkata. Additional funds were provided for the midday meals
for 100 destitute children
Funded the renovation of two old-age homes, run by the Ramakrishna Math, Belur
Granted funds to Ramakrishna Mission, Jammu, towards the repair of an operation
theater, free distribution of medicines to the poor, and establishment of a library
Granted a corpus fund to Shaktidhama, Mysore, for feeding abandoned and
destitute women
Granted funds to the Nirmalya Trust, Pune, for the construction of a residential-
cum-therapy center in ParnerTaluka, Panoli
Granted funds to the Cochlea Pune for Hearing and Speech to conduct implant
surgeries on the underprivileged children
CONTRIBUTIONS & SUPPORT
Built a hostel for tribal girls in the border area of kutch and pakistan
Constructed the shakthidhama destitute center for women in mysore
Assisted orphan children by covering all school expenses through the hindu
sevapratishtananele, bangalore
26. 26
Construction of a tiger enclosure, digging of multiple bore wells, and the
construction of overhead water tanks at bannerghatta national park
ASSOCIATION & PROGRAMS
Implemented the Jnanavikasa program
RURAL DEVELOPMENT
The well-being of people living in rural areas ensures sustainable development.
The Infosys Foundation works with local administration to achieve community
development goals. We construct roads, provide drainage systems and electricity,
and rehabilitate flood-affected victims in rural areas. The Foundation has donated
more than INR 40 crore for rural development and livelihood projects such as
awareness campaigns on hygiene, sanitation, vocational training and
entrepreneurship.
27. 27
BRINGING TO LIGHT: MENTAL HEALTHCARE
A shortage of doctors and the rising cost of medication have left many mentally ill
patients deprived of the required treatment. The Chittaprakasha Charitable Trust
provides residential rehabilitation centers for the mentally affected who are
homeless. Infosys Foundation has helped in the construction of a 7,500 sq. ft.
building at Chittadhama.
HELPING THE ONES WHO DESERVE IT THE MOST
The poorest part of a country is often the most neglected. The Ramakrishna
Mission has set up a school in Aalo, an inaccessible and backward tribal area in
the West Siang District of Arunachal Pradesh. The center is more than a brick-
28. 28
and-mortar school and is a kind of umbrella organization that includes 16 non-
formal schools, coaching centers, a dairy, a bakery unit, a small farming facility, a
dispensary, and a printing press. It also provides transportation for students to and
from their villages.
HIGHER STANDARDS OF EDUCATION FOR THE
UNDERPRIVILEGED
Agastya Foundation, the brainchild of a group of scientists, educators, and
executives, instils creativity and encourages the imbibing of scientific knowledge
among its students. Agastya and Infosys Foundation have together created higher
standards of education for the country’s underprivileged by providing them with
training workshops, mobile labs, and a hands-on educational methodology.
29. 29
GRANTS
Offered compensation to families whose breadwinners served in the Indian Armed
Forces and laid down their lives for the country
Contributed to the Indian Council for Research on International Economic
Relations towards their corpus fund
Donated towards the midday meal program of the AkshayaPatra Foundation,
Bangalore, for poor children in North Karnataka
Granted funds for the Society for Education, Action, and Research in Community
Health (SEARCH) in Maharashtra for imparting sexual and reproductive health
education, and creating awareness
Granted a corpus fund to the Shree Ramakrishna Ashrama, Odisha, for the
development of efforts of the tribal people in Kahanandi district
Granted a corpus fund to the Nehru SevaSangha, Banpur, Odisha. The interest
will be used for expansion of welfare activities of the children
Made donations for library books to schools such as the Government High School
at Gudalanayanapalli, Kuppam
Provided financial assistance to the People's Welfare Society, Ankola, Karnataka,
towards the maintenance of a hostel for students belonging to scheduled castes
and scheduled tribes
Contributed towards the maintenance of SC / ST tribal student's hostels
30. 30
CONTRIBUTIONS & SUPPORT
Completed the construction of 10,000 toilets in the backward districts of Karnataka
Took up relief work at cyclone-devastated areas of Orissa, and drought-hit areas
of Andhra Pradesh
Donated sewing machines to women in rural areas of Andhra Pradesh and
Karnataka
Took up relief work at cyclone-devastated areas of Orissa, and drought-hit areas
of Andhra Pradesh. Constructed 3,000 homes for flood victims of Belgaum,
Gulbarga, Dharwad, Gadag, Bagalkot, Bijapur, and Karwar in Karnataka
Donated water purifier-cum-cooler, solar water heaters, water tank, and steel
cupboards to the Gurukula Anathashram, Chunchanakatte, Mysore
Constructed bore wells at the MM Nagar fire station in Kanchipuram district, Tamil
Nadu, through Sneham, the Infosys Chennai CSR wing.