INFOSYS CSR REPORT
BY CHAITANYA PAL
ADITYA PURI
AMAN VIJAY
INFOSYS
Infosys Limited is an Indian
multinationall information technology
company that provides business
consulting, information technology
and outsourcing services. The
company was founded in Pune and is
headquartered in Bangalore. It is the
second largest Indian IT company .
Corporate Social
Responsibility
It is a form of international private business
self-regulation which aims to contribute to
societal goals of a philanthropic , activist, or
charitable nature by engaging in or
supporting volunteering or ethically oriented
practices.
CSR POLICY OF INFOSYS
Infosys Limited (“Infosys” or “the Company”) has been an early adopter of corporate social
responsibility (“CSR”) initiatives. Along with sustained economic performance, environmental
and social stewardship is also a key factor for holistic business growth. The Company established
the Infosys Foundation in 1996 as a not-for-profit nodal body aimed at providing a dedicated
approach to community development and also to fulfil our CSR commitments. Infosys Foundation
works towards removing malnutrition, improving healthcare infrastructure, supporting primary
education, rehabilitating destitute individuals and caring for animals, and preserving Indian art and
culture. Infosys Foundation partners with non-government organizations (NGOs) to make a
difference among local communities.
The Company’s focus has always been to contribute to the sustainable development of society
and the environment, and to make our planet more liveable for future generations.
OBJECTIVES
Infosys’ CSR Policy intends to:
Strive for economic development that positively impacts society at large with
minimal resource footprint.
Embrace responsibility for the Company’s actions and encourage a positive
impact through its activities to
alleviate hunger, poverty and malnutrition; to protect the environment; and to
support communities, stakeholders and society.
FOCUS AREAS
In accordance with the requirements under the Companies Act, 2013 and the rules / regulations framed there under and
circulars / clarifications issued thereunder (collectively, “Applicable Law”), Infosys CSR activities, amongst others, will focus
on:
•HUNGER, POVERTY, MALNUTRITION AND HEALTH: Eradicating extreme hunger, poverty and malnutrition,
promoting preventive healthcare and sanitation and making available safe drinking water.
• EDUCATION: Promoting education, including special education and employment-enhancing vocational skills, especially
among children, women, the elderly and the differently abled, and livelihood enhancement projects; monetary contributions to
academic institutions for establishing endowment funds, chairs, laboratories, etc., with the objective of assisting students in
their studies, this also includes skilling and re- skilling initiatives for those who are in need.
• RURAL DEVELOPMENT PROJECTS: Strengthening rural areas by improving accessibility, housing, drinking water,
sanitation, power and livelihoods, thereby creating sustainable villages.
• GENDER EQUALITY AND EMPOWERMENT OF WOMEN: Promoting gender equality and empowering women;
setting up homes, hostels and day care centers for women and orphans; setting up old age homes and other similar facilities
for senior citizens; and adopting measures for reducing inequalities faced by socially and economically backward groups.
•ENVIRONMENTAL SUSTAINABILITY: Ensuring environmental sustainability, ecological balance, protection of flora and
fauna, animal welfare, agro-forestry, conservation of natural resources and maintaining the quality of soil, air and water.
•NATIONAL HERITAGE, ART AND CULTURE: Protecting national heritage, art and culture, including the restoration of
buildings, sites of historical importance, and works of art; setting up public libraries; reviving, promoting and developing
traditional arts and handicrafts.a
MODES OF IMPLEMENTATION
Hunger, poverty, malnutrition and healthcare - Work directly or with non-profit organizations at infrastructure
and/or operational level to support meal or nutrition related programs in schools and other institutions across India.
Work with medical and health related organizations for projects in preventive healthcare, short term and long- term
care and treatments.
Education- Partner directly or with non-profit organizations, primary, secondary and higher educational institutions
including schools, colleges, and universities to encourage efforts in a wide range of areas including training,
provision of funding for continued education, skilling and re-skilling initiatives, offline and online education,
research, infrastructure development and capacity building.
Rural Development - Work with non-governmental organizations (NGOs) and local administrations to achieve
community development goals. Partner directly or with governments and NGOs to support projects related to
development and improvement of infrastructure and essential amenities, livelihood and skilling initiatives,
training and education, and rehabilitating disaster- affected victims in rural areas.
Gender Equality – Work directly or with NGOs to reach out to unprivileged and socially and disadvantaged
persons including women and children towards the cause of empowerment of gender equality and empowerment.
Projects include awareness activities, Women trainings, support for livelihood related efforts, infrastructure
development, and operational needs.
Environmental sustainability
a)Work with NGOs on safeguarding the environment, including protection of flora and fauna, promoting climate
action, renewable energy, natural resource conservation as well as promoting resource efficiencies across energy,
water and waste management.
b)Projects can include interventions in the areas of water and wastewater management (watershed
management, lake rejuvenation, etc.), rural electrification, waste to energy (household biogas), avoidance or
replacement of firewood for cooking with efficient alternatives, forestry, amongst others.
National heritage, art and culture - Support artists, including writers, poets, painters, musicians, dancers and
theatre artists, in collaboration with partner organizations through contribution towards operational needs,
performance activities, livelihoods, and other opportunities to encourage preservation of cultural and traditional
Indian art forms. Undertake restoration of architectural structures, historical monuments, and water bodies.
CSR ANNUAL ACTION PLAN
AND LOCATION OF CSR
EFFORTS
The CSR Committee shall decide on the locations for CSR activities and
formulate and recommend to the Board for approval a CSR annual action
plan, which shall contain all matters which are required under Applicable
Law and any other matters as the CSR Committee may deem fit from time to
time.
The Board may modify the annual action plan as per the recommendations
of the CSR Committee at any time during the financial year, based on
reasonable justification.
FUNDING , SELECTION AND
MONITORING PROCESS
Infosys Foundation or such other entity will receive requests for funding of projects
throughout the calendar year. Its panel of experts will evaluate proposals received under the
Infosys Foundations’ or such other entity’s focus areas and projects will be prioritized by
assessing their potential impact. The Infosys Foundation or such other entity will then
forward its recommendations to the CSR Committee. The CSR Committee will deliberate
on the proposals and approve proposals for implementation at its discretion.
Infosys’ representatives and / or Infosys Foundation or such other entity will collaborate with
stakeholders to monitor the status of each project and will report its findings to the CSR
Committee periodically to enable the Board and the Management of the Company to meet their
reporting, monitoring and other legal obligations.
In any year, where the Company has spent in excess of its CSR obligation, such excess
spending shall be available for set off against the Company’s CSR obligations for up to the
next three financial years in accordance with Applicable Law, and the Board shall be
competent to pass a resolution in this regard.
THANK
YOU
