You see, these days, every other organization, company, or brand is out there delving into this whole CSR thing, which is just a short way of saying “Corporate social responsibility.” But the thing is, most of these companies are just doing all that for the sake of it, you know? Still, there are some names that are all into this whole CSR thing, not for show but for actually helping out communities, local folks, and our planet too. So yeah, let’s find out what these top 15 companies with CSR activities in India as of 2024 are. Alright, here we go now.
Top Companies with CSR Activities in India
1. Reliance Industries Limited
Reliance Industries Limited is a conglomerate holding leadership position in the Retail and Digital Services sectors, known for its business acumen and extensive CSR. The company, through its CSR arm Reliance Foundation, has touched over 5.75 crore lives to this date, focusing on Rural Transformation, Education, Disaster Response, Healthcare, Sports for Development, and Arts, Culture & Heritage. While the company’s commitment to fight against COVID-19 was unparalleled, its support to the community was in line with its CSR initiatives.
2. Tata Consultancy Services Limited
Tata Consultancy Services (TCS), the global IT services, consulting, and business solutions organization, focuses on enabling communities and building self-reliance, you know? Its investment in CSR i.e. significantly more than 2% of the average net profits of the company for the last 3 financial years, is a reflection of its commitment towards education, skilling, and the creation of employment opportunities.
3. HDFC Bank Limited
HDFC Bank, the largest private sector bank by assets right here in India, channels its CSR through ‘Parivartan’ or, change catalyst, focusing on bringing transformational change in Education, Skill Training, Healthcare, Environmental sustainability, and Rural Development. Parivartan, has an extensive reach, especially through its disaster response initiatives, which highlights HDFC Bank’s commitment to clearly build a more inclusive and sustainable future for communities across India.
4. Infosys Limited
Infosys Limited, a flag bearer in India’s CSR domain, works largely through its Infosys Foundation, with an aim to create societal impact, especially in Education, Healthcare, Rural Development, and Environmental sustainability. Its journey to become carbon neutral, and with a commitment to be net-zero emissions by 2040, illuminates its aim to move toward environmental sustainability together with societal welfare.
5. Wipro Limited
Wipro Limited blends together education, healthcare, and green living projects to demonstrate a deep dedication to societal development. Wipro employs the Wipro Foundation, among other initiatives, focusing on sustainability and community welfare, to bring healthcare access and disaster management to the masses.
6. Hindustan Unilever Limited (HUL)
Hindustan Unilever Limited extends its extensive array of consumer goods in the CSR domain, placing its bets on water conservation, health and hygiene, education, women’s empowerment, and things like that. With an eye on long-term developments via its Unilever Sustainable Living Plan, HUL offers immediate benefits to communities to remain ahead of the curve.
7. Mahindra & Mahindra Ltd.
Mahindra & Mahindra Ltd. pieces together its CSR efforts under “Rise for Good,” encapsulating initiatives spanning education, healthcare, and environmental sustainability, in particular. A deeper look into the company’s commitment to corporate responsible citizenship is evident in its aspirational projects, which seek to enhance the quality of life in communities, especially rural areas.
8. ICICI Bank Limited
ICICI Bank outlines its approach to societal development with the ICICI Foundation for Inclusive Growth and with the help of the company’s CSR arm in 2008. The bank’s CSR initiatives are that of enabling individuals to tap into opportunities for economic inclusiveness and sustainable livelihood, designed to address the needs of the less-privileged sections of society, and thereby, making a substantial positive impact on their lives.
9. Tata Chemicals Ltd.
Tata Chemicals Ltd. envisions a world where “quality of life of communities can be improved.” Their CSR projects, named as the BEACON, cover a wide array of causes with the aim of providing equal opportunity to all in important areas such as healthcare, saving planet Earth, livelihood, and education. They strongly believe in sustainable development, which is clearly reflected in their efforts related to saving biodiversity, developing renewable energy, and maximizing stakeholders’ well-being, you know? Their participation in native handicrafts promotion and providing skill development and better living conditions clearly demonstrates that the company isn’t just checking off boxes for CSR, instead, it’s more of a way of life.
10. State Bank of India
You see, talking about State Bank of India’s CSR projects, well, they span the gamut of societal needs that include education, healthcare, rural development, and again, environmental sustainability. The bank’s CSR arm, the SBI Foundation, has launched numerous projects in an effort to empower marginalized sections of society with the tools to better their lives, you know? Their dedication to playing a part in societal development is evident from their projects that are aimed at making society more inclusive and just.
11. Tech Mahindra & Mahindra Ltd.
Tech Mahindra & Mahindra Ltd. is yet another entity that’s leveraging innovation to impact social change like nobody’s business with its array of targeted CSR programs. They are particularly focused on digitally driven vocational and professional skills training through which they’re attempting to change the socio-economic circumstances of many in the country, you know, the ones that need the most help. The SMART, or Skills for Market Training, Program is their flagship CSR initiative which equips individuals with digital economy skills to render them self-reliant and employed with the skill sets to build “future-proof organizations.”
12. ITC Limited
ITC Limited is known for its wide-ranging CSR initiatives in the areas of sustainable agriculture, environmental preservation, education, and community development. The company’s e-Choupal initiative, for example, has transformed the Indian agriculture sector, providing farmers with critical know-how and crucial inputs. Beyond e-Choupal, ITC promotes bio-diversity and works to reduce its carbon footprint. The company strengthens livelihoods through several programs, including its Skill Development and Vocational Training initiative.
13. Vedanta Limited
Vedanta Limited’s CSR is a reflection of the belief that companies can be successful only when they create a sustainable impact on society and the environment. The company’s initiatives are focused in three key areas: rural and agricultural development, water and energy management, and carbon footprint reduction. The company’s key CSR goals are focused on improving the living standard of local communities, supporting education and healthcare, and maintaining as well as promoting green living. Vedanta’s effort underlines their commitment to conducting business responsibly and making a meaningful contribution to societal well-being.
14. Adani Enterprises Limited
Adani Enterprises Limited approaches CSR from the perspective of nation-building. Their expansive CSR initiatives include spheres like education, healthcare, support for sustainable livelihoods, and general infrastructure development. The concept of ‘Growth with Goodness’ is central to how the company sees its CSR role, that is, to make a meaningful contribution to the nation’s progress without in any way compromising the welfare of the affected communities.
15. UltraTech Cement Ltd.
UltraTech Cement Ltd. Keeps community development and environmental sustainability at its core with its CSR activities. The company strives to complement these initiatives with those promoting social responsibility in infrastructure, health and hygiene, and conservation of nature at the fullest potential, no matter what.
Conclusion
That’s all there is for now. See, these are by far the top companies in India that are making efforts and are actually involved in the Corporate social responsibility scene, right here in India. Yeah, there could be many more companies, but these are the top 15, and that’s what we promised to share, right?
Meet Suhas Harshe, a financial advisor committed to assisting people and businesses in confidently understanding and managing the complexities of the financial world. Suhas has shared his knowledge on various topics like business, investment strategies, optimizing taxes, and promoting financial well-being through articles in InvestmentDose.com
