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.
Objectives:
. 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; protect the environment; and support communities, stakeholders, and society.
Community service
Through our Computers Classrooms initiative launched in January 1999, we donated 2,567 computers to various institutions across India. Additionally, we have applied to the relevant authorities for permission to donate computers to educational institutions on an ongoing basis in the future. Microsoft Corporation continues to participate in this initiative by donating relevant software. We would like to place on record our appreciation for their continued support.
Social commitment in education
Infosys’ Education & Research group has the pride of anchoring the Infosys Extension Program (IEP), which consists of the Infosys Fellowship Program, Rural Reach program, Catch Them Young and Train the Trainer.
Eliminating hunger in the classrooms
The dropout rates in primary schools are very high as children from low-income families need to earn to feed themselves. Infosys foundation collaborated with Sri Ramakrishna Vidya Kendra in the Bannerghatta Forest area in Bengaluru to provide free meals to children belonging to BPL (Below Poverty Line) families and hence promote education among them.
Infosys Science Foundation
The Infosys Science Foundation (ISF) was set up in 2009 by Infosys and some of its founders and management to encourage the pursuit and practice of science and research. The Infosys Prize, governed by the ISF, recognizes stellar research connected to India.
Sustainability measurement and reporting have become increasingly popular and
are common among the world’s largest corporations. The need for sustainability
measurement and reporting is based on the premise that high scores in ESG
metrics are indicators of good company performance. This assumption is still
subject to criticism and further study; however, recent studies show that while
companies that had high ratings on ESG issues performed better on average, this
was not consistent. Nevertheless, sustainability measurement and reporting are
constantly improving and moving towards a system that is rigorous and
transparent, like how financial accounting and reporting are being conducted
. Examples of well-known measurement and reporting frameworks for corporate
sustainability are the Global Reporting Initiative Standards and the Dow Jones
Sustainability Indices.