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Ethics Cia: CSR Activities of Infosys

This document discusses Infosys' corporate social responsibility (CSR) activities. It provides an introduction to Infosys and explains why CSR is necessary, especially in India. It then outlines Infosys' objectives, goals, and actions for its CSR programs, which focus on issues like hunger, education, rural development, gender equality, and the environment. Infosys has a CSR committee that oversees these programs and works with NGOs to implement initiatives like providing meals to children, improving healthcare and education, empowering women, and enhancing sustainability. Infosys also created a mobile app to promote awareness of its CSR events and track employee volunteer hours.

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Ram Singh
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0% found this document useful (1 vote)
158 views

Ethics Cia: CSR Activities of Infosys

This document discusses Infosys' corporate social responsibility (CSR) activities. It provides an introduction to Infosys and explains why CSR is necessary, especially in India. It then outlines Infosys' objectives, goals, and actions for its CSR programs, which focus on issues like hunger, education, rural development, gender equality, and the environment. Infosys has a CSR committee that oversees these programs and works with NGOs to implement initiatives like providing meals to children, improving healthcare and education, empowering women, and enhancing sustainability. Infosys also created a mobile app to promote awareness of its CSR events and track employee volunteer hours.

Uploaded by

Ram Singh
Copyright
© © All Rights Reserved
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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ETHICS CIA:

CSR ACTIVITIES OF INFOSYS

SUBMITTED BY:

K. SAI RAJU- 1823523

M. PRANAY PAVAN-1823525

PRAJNA MISHRA-1823568

HRIDAY PATHAK-1823580
INTRODUCTION TO INFOSYS:

INFOSYS is an IT organization which provides technology,


business & outsourcing consultation services to different clients
(firms) not only in India but also in different parts of the world. It
was founded on 1981 in Pune, India by seven Indian engineers
with a capital of $250 and as of 2019 September the net revenue
is $12.4 billion. In the year 2014 Infosys became the first IT organization to publish
Sustainability Report in the world with regard to GRI (Global Reporting Initiative) regulations.

WHY CSR IS NECCESSARY IN INDIA?

CSR is necessary not only for the firms but also for the community development:

 Socio economic development


 Develop trust among stakeholders for their investments
 Focuses on the improvements of environmental issues
 Halo effect for public
 Increase the goodwill

WHEN TO IMPLEMENT CSR IN ORGANIZATIONS?

There is no framework to implement CSR instead small steps need to be taken by the
organizations gradually impact will be recognized by the society. Numerous MSMEs and MNCs
have collaborative approaches with NGOs. For example- providing donations, advertisements for
NGOs in their website

OBJECTIVES OF INFOSYS TOWARDS CSR ACTIVITIES:

Infosys CSR focuses mainly on two policies:

1. It strives towards economic development and affects the society in a positive way at
large with minimal resources.
2. It takes the responsibility of developing the society in its hand and impacts positivity in
the society through its CSR activities focusing on things such as hunger, poverty,
malnutrition, environment, communities, etc.

COMPOSITION OF CSR COMMITTEE MEMBERS:

This committee consists of the following directors:

1. Kiran Mazumdar-Shaw, Chairperson


2. U.B. Pravin Rao
3. Roopa Kudva
4. Punita Kumar Sinha

RESPONSIBILITIES OF THE CSR COMMITTEE MEMBERS:

These are the following responsibilities of the CSR committee:

 The first priority of the CSR committee members is to inform the board of directors
about the CSR policies that are need to be undertaken
 Recommending the amount of expenditure that should be used for the CSR activities
purpose
 Monitoring how the CSR activities are being done
 Reviewing whether the policies are fulfilling its purpose or not and improving it if
necessary
 Atlas it is important to research whether people are aware of the policy and whether its
reaching to the necessary people

FUNDING, MONITORING AND SELECTION PROCESS:

Infosys foundation receives requests of funding for many projects in a year. Its panel of experts
evaluates all the requests and prioritizes on few projects based on their impact on the society.
After the selection process is done then the foundation or the entity will forward its
recommendations to the CSR committee. Then the CSR committee will start implementing them
in the society. Infosys representatives will collaborate with the stake holders in order to monitor
the status of each project and whether it’s reaching to everyone who needs it or not.

GOALS AND ACTIONS OF INFOSYS TOWARDS CSR ACTIVITIES:

S.NO GOALS ACTIONS TAKEN BY INFOSYS


1. Hunger, Poverty, In order to solve these problems in the society Infosys
Malnutrition and will tie up with different Non-profit organizations
Heath (NGO) that run various programs such as mid-meal for
children in schools by providing them with necessary
facilities such as by establishing proper kitchens in
order to cook for the children.
Infosys will also work with various organizations that
are part of medical and health related projects. By
joining hands with them it can know what all necessary
equipments it needs to provide and also support this
cause by providing them with cancer treatment,
surgeries and another necessary medical treatment.
By joining hand with different organization it can work
in an easy way and also it can reach the people who
need it.
2. Education Infosys handles and provide its support to education in
two different ways:
1. It trains and provides education to various under
privileged background students in its training
and development centers.
2. It provides necessary equipments and provides
funds to different colleges to improve its
infrastructure.
Few of the necessary equipments that Infosys
provides are chairs, boards, notebooks, etc.

3. Rural Development Development in rural sectors helps for the betterment


of our economy and also the transformation it brings in
the society. It is necessary for us to look at the
development of rural sector and Infosys does this by
working with local administrations to achieve this
goals. It provides the rural people with education,
helping the underprivileged women, helps self help
women groups by providing with donations, donating
the flood victims and by improving the infrastructure
by constructing roads and building houses.
4. Community Infosys is providing its responsibility towards the
Involvement community by providing them with necessary facilities
such as education, infrastructure, and health care
facilities and also by contributing towards the art and
culture. Infosys also restored many building and sites
which contained historic importance. It also conducted
various cultural programs in order to promote the art
and culture of our country.
5. Gender Equality CSR is considered as valuable tool in order to create
and promote gender equality by providing equal
treatment for both men and women starting from the
place you work itself. Equality plays a main role in the
place you work and this can possible and started
through CSR activities. Infosys will, among other
things it also focuses mainly on promoting gender
equality and empowerment of women. It also follows
many policies which can be helpful in order to maintain
gender equality.
6. Environmental Reducing the consumption of resources and using it
Contribution efficiently is the main objective in order to contribute
for the safety of environment. It is important for us to
protect our environment and Infosys focuses mainly on
this by protecting the flora and fauna and reducing the
emission of polluting gases. In order to contribute for
the society Infosys ensures environment sustainability
by contributing in terms of using recycled products,
conservation of energy, waste management, etc.
7. Social Rehabilitation Infosys also focuses on children who don’t have homes
and Upliftment by building various orphanages and hostels for them. It
also focused to eliminate devadasi community and
ensure their rehabilitation by providing them with more
opportunities by offering devadasi children with health
care facilities and schooling.
INFOSYS CSR APP:

CSR clubs at Infosys development centers focuses on few important things such as education,
women empowerment, social being, etc. This is possible by the workshops and awareness spread
by our employees in order to create a huge
impact. In order to be available for more
collaborations and people to enable the
endeavors Infosys has created a CSR app.
This app can help the user to find all the
upcoming CSR events which are being
conducted in the nearby locations to the user.
The user can also share these event details
with others, which can help in making more
people get aware about this events. The Infosys CSR app also tracks the number of hours the
employees are working towards social causes and providing their support towards it.

I, CITIZEN OF EARTH (iCOE):

iCOE is an Infosys program which is aiming to build a culture of responsible citizenship among
Infoscions in order to make the society a better place to live in. iCOE aims to do the following:

 Envision a common purpose for the larger ecosystem


 Enable voluntary efforts in order to integrate with the vision and sustainability goals of
the company.
 Engage with Infoscions and help them become the change agents and ambassadors who
can build a better tomorrow.
 Enable innovation and global citizenship in order to bring changes in the society for
sustainable development.

INITIATIVES TAKEN BY INFOSYS TOWARDS CSR ACTIVITIEES:

 Constructed and donated to the school buildings for poor and orphaned students in
Orissa, Tamil Nadu, Pondicherry, Kerala and Karnataka.
 Launched OASIS, a training program for students in government schools
 Constructed class rooms at the Wayanad Girijan Seva Trust which works for
Girijan students in Kerala.
 Sponsored ‘Vijanana Sammelana’ at Shimoga, Karnataka to impart knowledge of
science to students and teachers.
 Donated computers and laptops to Gulbarga University, Athani University, and
Mangalore University and to the All India Vayu Sainik Camp in Bangalore.
 Worked with the Karavir Nagar Vachan Mandir in Kolhapur, Maharashtra to
convert the library into an e-library and then connected it to other libraries around
the world.
 Supplied free medicines for diabetic children through Jnanasanjeevini, Bangalore.
 Donated medical equipment, chairs, and an x-ray unit to Northern Bihar Hospital,
Bangalore Hospital and Jammu Hospital, where poor patients receive treatment
free of cost.
 Paid Rs. 3 crores to buy ‘Linear Accelerator’ for Chennai Cancer Institute,
Chennai.
 Sponsored Kala Darshan, a musical program in rural areas, through Bhartiya
Vidya Bhavan.
 Sponsored more than 5,000 students, through NGOs like Prerna and Vidya
Poshak, for the study and documentation of Karana Viniyoga, to preserve and
encourage the art.
 Sponsored Uppina Kudru Kamath Memorial Yakshagana Gombeyatta puppet
shows in Karnataka to preserve the art of puppetry.
 Conducted relief work for the flood victims in Kerala and Orissa.
 Sponsored the construction of a suspension foot bridge in Mundaje in Mangalore,
Karnataka.

LEARNING OUTCOMES:
In this project I learned how important it is to conduct CSR activities in companies and
how it affects the society positively. Also, I understood how Infosys is working towards
welfare of the society by spending its money on that rather than looking it perspective of
business. We also understood about how a company works towards CSR and allots its
funds properly. Also, we understood that how companies collaborate with other
organizations to solve the issues in the society.

CONCLUSION:
In order to conclude I would say that Infosys has done a tremendous job in conducting
CSR activities and changing the society in a positive way. If it continues in this way it
can solve many issues in the society and also impact other communities or firms to
follow it. Every company needs to hold CSR activities so that it can also change the
society rather than thinking about earning more money it should spend some money in
these projects.

REFERENCES:
https://www.infosys.com/sustainability/documents/infosys-sustainability-report-2018-19.pdf

https://www.infosys.com/investors/corporate-governance/Documents/corporate-social-
responsibility-policy.pdf

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