Post on 17-Aug-2015
Corporate Social Responsibility Initiatives
ByAparna BansalArchana SinghAtul KumarPramey Zode
Betterment and advancement of society
It is sector agnostic
Works across a range of social interventions
Numerous development initiatives across India
Financial Assistance to people from
weaker sections of the society
Financial Products :
Credit savings,
overdraft facilities
Non Financial Products:
Credit counselling
and livelihood development.
Sustainable Livelihood Initiative
Financial Inclusion
The bank believes in empowering
individuals by making them self reliant.
They have provided funding for various projects which help
people strive towards economic
independence.
EducationThe Bank recognises its responsibility to
spread financial literacy and supports projects that aim at inculcating the same amongst members of
society. Educational Crisis
Scholarship Support (ECSS)
Friends Union for Emerging Lives(FUEL)
Night School education
Vidya For Every Child
Light of Life – Saath Charitable
Trust
Changing lives through training
Making youth employable
Unnati in 70 days
Skill based courses for the youth
Vocational training for the youth
Enabling special people towards a better lifestyle
Providing employability based training to students
Educational support for underprivileged children
Community initiatives
Environmental Sustainability and Go Green!
Multi-channel delivery
Paperless banking
Energy efficiency Green infrastructure
HDFC Life CSR framework
Education
Health
Rural Development
Environment Sustainability
Livelihoo
d
Uttarakhand Floods
June 2013, devastating floods
struck Uttarakhand.
Partnered with Habitat for Humanity
India and FICCI
Provided long term sustainable shelters to affected families
Rebuilding Uttarakhand: A Flood Response
Project funded through the contribution made by the employees & matching amount donated by the
company.
75 transitional shelter to address immediate needs & 50 permanent houses were to be constructed.
The project was to rehabilitate total of 125 families.
As on 31st March, 2014, 60 transitional shelters have been constructed & handed over to
beneficiaries.
SOS children’s village project
HDFC life believes that education plays a
significant role in an individual’s life. It helps
children living on the margins of the society
to break away from the cycle of poverty to a
secure future.
The project supports the education of 300
vulnerable children in four locations including
Kolkata, Guwahati, Bhubaneshwar and
Rourkela.
This project also has a holistic engagement involving HDFC Life
employees and customers. The
company also plans to create awareness
about the cause with the customers.
The gift of knowledge and education is the
best we can give to our children, which will
come back to us in the form of a better next-
generation.
Teach for India
HDFC Life believes in every child’s right to quality education and believes that one of the long term solutions to eradicate the ‘Education inequality’ is by creating ‘Change Leaders’.
HDFC Life has been partnering with Teach for India, a non-profit organization engaged in supporting education for underprivileged children since 2010
HDFC sponsored two fellows for the 2010-12 fellowship program, these employees have been reintegrated in the company and remain active change leaders within and outside the company.
The project provides the employees with the opportunity to have a secure career while following their dream of giving back to society.
Payroll Giving
HDFC Life encourages its employees to contribute a small part of their salary to establish their own charity account through the Payroll Giving programme.
This initiative has been implemented in partnership with GiveIndia, an organisation dedicated to help individuals donate to credible NGOs.
This programme helps employees create a strong impact in the lives of the underprivileged through small, yet effective contributions.
The employees are also able to follow up on the utilization of their contribution.
A number of enrolments since 2008 and till date, has effectively channelized more than INR 72 Lakhs through GiveIndia across 10 causes- Children, Disabled, Education, Elderly, Employment, Environment, Health, Women, and Youth.
Akshaya PatraSchool lunch programs across India
Distributes freshly cooked, healthy meals daily
Funded a vehicle for Akshaya Patra, Hyderabad usable for delivering the midday meals at different school locations with more efficiency and ensuring the freshness of food.
456 schools, 1.37 children across 11 mandals of Medak district in Andhra Pradesh
Swabhimaan Careers
Reaches out to the policyholder’s dependants post settlement of a claim and considers them for an employment opportunity at HDFC Life based on their calibre and fitment.
Caring for environment
Prohibiting on use of paper cups completely
‘Printing on both sides’ as a default on printers
Desktops hibernating after 15 minutes
Setting usage hours for air conditioners
Initiating internal campaigns to save water, power and paper wastages
Environment friendly celebrations and festivities.
Tree plantation
Partnered with ‘Plant a Tree Today Foundation’ to plant 1,500 saplings in Mumbai in August 2013.
Regularly monitor the growth of the saplings
HDFC Life aims to plant 3000 saplings in the financial year 2014-15