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HCL Foundation scales its progress for communities & environment

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HT Bureau

GUWAHATI, Nov 17: HCL Foundation, the corporate social responsibility (CSR) arm of HCLTech, said that in FY 2022 it invested Rs 216 crore across its community programs. This represents an increase of 500% from FY 2017, underscoring HCL Tech’s deep commitment to supercharging progress for communities where it operates. Notably, during FY 2022, HCL Foundation invested over Rs 91 crore for urban development initiatives and Rs 83 crore for rural development and sharpened its focus on environmental action with an increased outlay of Rs 42 crore.

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To date, HCL Foundation has invested over Rs 900 crore in its community programs, making it one of the largest corporate interventions in India. HCL Uday, one of the flagship programs of HCL Foundation, was recently recognised by the government of India with the National CSR Award for its urban poverty alleviation impact.

C Vijayakumar, CEO & managing director of HCL Technologies, said, “At HCL Tech, we have been guided by our purpose to deliver tangible and sustainable progress for all our stakeholders. In an era of social distancing, HCL Foundation and its partners have worked tirelessly with communities to multiply our program reach by over 12 times since 2016. Our projects are aligned with the UN Sustainable Development Goals and monitored with internationally benchmarked processes and structures. We remain committed to the long road ahead, supercharging progress as we spread our impact to more global locations.”

Further, HCL Foundation also released its Annual Report for FY 2022 under the theme ‘Source Code in Action. Inspired by technology, the theme showcases the Foundation’s efforts to create high-impact programs that can be source codes for solving socio-economic and environmental problems at scale.

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