In the financial year 2022-23, LTIMindtree Limited, formerly known as Larsen & Toubro Infotech Limited, surpassed its obligated amount, spending INR 679.77 Million on various social welfare initiatives, further solidifying its reputation as a responsible corporate leader. This remarkable achievement showcases LTIMindtree’s dedication to making a positive impact on society and sets a new standard for CSR spending.
In adherence to Section 135(5) of the Companies Act, LTIMindtree had a legal obligation to allocate INR 674.71 Million towards CSR initiatives. However, the company not only met this obligation but surpassed it by spending 100.75% of the required expenditure. This impressive feat highlights LTIMindtree’s commitment to social welfare and goes beyond meeting regulatory requirements.
The significant increase in CSR spending compared to the previous financial year (INR 564 Million) showcases LTIMindtree’s proactive approach towards CSR. The company recognized that CSR is not just an obligation but an opportunity to make a meaningful difference in society. By investing more than the required amount, LTIMindtree demonstrates its dedication to addressing pressing social issues and creating a positive impact on the communities it serves.
Robust Allocation for Social Welfare
LTIMindtree’s CSR funds were meticulously allocated to address critical areas that have a substantial impact on society.
1. Education
Education, as one of the primary focus areas, received substantial attention. The company recognized the transformative power of education and directed its resources towards supporting schools, scholarships, and skill development programs. By investing in education, LTIMindtree aimed to empower individuals to break the cycle of poverty and pave the way for a brighter future.
The School Infrastructure Renovation project
The School Infrastructure Renovation (SIR) project is a flagship CSR initiative undertaken by LTIMindtree Limited in collaboration with the National Agro Foundation (NAF). The project’s primary focus is on renovating essential facilities in four rural schools located in the picturesque villages of Karya, Chinnamballi, Konthayyanhundi, and Thagaduru, situated in Nanjangud Taluk, Mysuru District, Karnataka.
Recognizing the critical role education plays in uplifting communities and fostering socio-economic development, LTIMindtree identified the need to improve educational infrastructure in these underprivileged regions. The SIR project aimed to create conducive learning environments for young minds, empowering them to dream big and pursue their aspirations.
One of the key accomplishments of the SIR project was the installation of much-needed handwash stations in three schools. Access to proper handwashing facilities is vital for maintaining good hygiene and reducing the risk of preventable illnesses. By providing these amenities, LTIMindtree contributed to the overall health and well-being of the students and staff, promoting a clean and hygienic school environment.
Roof leaks can disrupt the learning process and pose safety hazards. In one of the schools, the SIR project addressed this issue by fixing the roof leaks. This intervention not only ensured a conducive learning atmosphere but also safeguarded the infrastructure from further deterioration.
In line with its commitment to women’s empowerment and promoting sustainable menstrual hygiene practices, the SIR project included the implementation of a compound fencing and a sanitary-napkin incinerator in one school. These facilities aimed to create a safe and supportive environment for female students, promoting their continued attendance during menstrual cycles and fostering a culture of openness around menstrual health.
Recognizing the significance of sanitation and access to clean water in educational institutions, the SIR project constructed new toilet complexes and improved water facilities in another school. This intervention aimed to enhance sanitation standards, ensuring that students have access to hygienic and functional sanitation facilities.
Beyond functional improvements, the SIR project also sought to enhance the aesthetic appeal of the schools through creative and vibrant school wall paintings in one of the schools. These artistic interventions not only added color and joy to the learning environment but also inspired students and nurtured their creative spirit.
Throughout the implementation of the SIR project, LTIMindtree collaborated closely with the National Agro Foundation (NAF) to ensure effective execution and meaningful impact. The NAF’s expertise and experience in community development initiatives strengthened the project’s outcomes and extended its reach to the targeted villages.
The impact of the SIR project has been transformative, touching the lives of about 700 students in the last financial year. The renovated facilities, improved sanitation, and vibrant learning environments have created a positive and inspiring space for education, nurturing a generation of confident, motivated, and informed individuals.
Digital Literacy Program
The Digital Literacy program is another remarkable CSR initiative undertaken by LTIMindtree Limited, with the aim of empowering students with digital and STEM (Science, Technology, Engineering, and Mathematics) learning opportunities. This ambitious program has made a significant impact across multiple states in India, reaching out to underserved communities and transforming the educational landscape.
To execute this program efficiently and effectively, LTIMindtree collaborated with various esteemed organizations, including eVidyaloka Trust, Sewa International Akshar Bharati, and the Indian Institute of Education Vigyan Ashram, among others. These strategic partnerships allowed the program to leverage expertise, resources, and regional knowledge to maximize its reach and impact.
The primary objective of the Digital Literacy program was to equip students with essential digital skills and knowledge, preparing them for the rapidly evolving digital era. As a result, an impressive 1,70,340 students benefited from the program’s digital and STEM learning initiatives. These students gained access to educational content, digital tools, and technology-enabled teaching methods, broadening their horizons and opening up new avenues of learning.
Recognizing the pivotal role of teachers in shaping students’ futures, the Digital Literacy program also prioritized upskilling educators to effectively utilize digital-teaching methods. As a result, 1,914 teachers underwent training, enhancing their proficiency in integrating technology into their teaching practices. This upskilling not only empowered the teachers but also translated into a more engaging and enriching learning experience for the students.
A crucial aspect of the Digital Literacy program was its commitment to inclusivity and support for marginalized communities. The program organized a special quiz for 1,880 children with disabilities (PwD), providing them with an opportunity to showcase their knowledge and skills. This inclusive approach aimed to celebrate the unique abilities of every child and create an environment that nurtures diversity and inclusivity.
To further encourage and support students in their educational journey, the Digital Literacy program awarded scholarships to 1,000 deserving students in grades 10 and 12. These scholarships provided financial assistance to students, enabling them to continue their education without hindrance and pursue their academic aspirations.
The far-reaching impact of the Digital Literacy program highlights LTIMindtree’s commitment to promoting digital education, empowering students, and fostering inclusive growth. By partnering with esteemed organizations and leveraging technology, the program was able to make a tangible difference in the lives of thousands of students and teachers across India.
Through the program’s innovative approach, students not only gained valuable digital skills but also developed a passion for STEM subjects, unlocking their potential to become future innovators and change-makers. The upskilling of teachers further reinforced the program’s sustainability, as their enhanced teaching methodologies continue to benefit students for years to come.
2. Social Empowerment
The company’s commitment to empowerment went beyond education, as it sought to uplift marginalized communities and create opportunities for them to thrive. Initiatives supporting women’s empowerment, economic development for underprivileged groups, and promoting entrepreneurship were given due importance.
Yuva Jyoti Project
The Yuva Jyoti project, a transformative CSR initiative undertaken by LTIMindtree Limited in collaboration with Beem Rural Development Organization, has been making a significant impact on the lives of women and youth in Koratagere, Blalya, and Hakki Pikki colony in Tumkur district, Karnataka. Focused on empowering women and youth with valuable skills, this project aims to uplift individuals and elevate their social status, enabling them to lead dignified lives.
One of the key success stories of the Yuva Jyoti project is the training provided to young individuals in tailoring and embroidery. Through the program, these trainees have been equipped with the necessary skills to become self-employed. By starting their tailoring and embroidery businesses, they not only achieve financial independence but also contribute to the economic growth of their communities. This empowerment of women is a significant step towards gender equality and women’s empowerment in the region.
The project’s impact extends to the youth as well, with computer training being a prominent component. By providing computer education and upskilling the youth in technology, the Yuva Jyoti project has facilitated their entry into the job market with enhanced employability. As a result of this training, many of the youth have secured jobs in various sectors, including prestigious employment opportunities in “Grama One” centers within their villages. These “Grama One” centers are crucial community resources that provide essential services to residents, and the employment of local youth in these centers strengthens the bond between the community and these essential facilities.
The Yuva Jyoti project has trained an impressive total of 2,050 youth, empowering them with skills that will have a lasting positive impact on their lives. Beyond the direct beneficiaries, the project’s influence has reached a wide spectrum of individuals, with over 8,200 people benefiting from the program’s activities and contributions.
Through its dedicated efforts in imparting vocational skills and fostering entrepreneurship, the Yuva Jyoti project has become a catalyst for positive change in the communities it serves. By enabling self-employment and securing meaningful job placements for the youth, the project has enhanced the socio-economic well-being of the region, paving the way for a brighter future for all.
LTIMindtree’s collaboration with Beem Rural Development Organization has been instrumental in ensuring the success and sustainability of the Yuva Jyoti project. By leveraging the expertise and resources of both organizations, the project’s reach has been extended, and its impact amplified, fostering a synergistic partnership for social development.
Women Empowerment
The Women Empowerment project is a transformative CSR initiative undertaken by LTIMindtree Limited in collaboration with Sankalp Manav Vikas Sanstha, Nudge Foundation, and Tisser Artisans Trust. This empowering project focuses on providing marginalized women in various states of India with skill training and market linkage, aiming to uplift them from poverty and create a path towards self-sufficiency and entrepreneurship.
The graduation strategy implemented in Jharkhand and Karnataka has been instrumental in empowering 810 women living in ultra poverty. Through this strategy, women are provided with comprehensive support, including skill development, financial literacy, and market linkages. By equipping them with marketable skills and knowledge, the project breaks the cycle of poverty and enables these women to lead dignified lives.
One of the cornerstones of the Women Empowerment project is its dedication to providing women with entrepreneurial skills. By nurturing their entrepreneurial spirit, the project encourages women to become self-reliant and independent economic contributors. These empowered women are not only capable of supporting themselves but also contribute to the economic growth of their families and communities.
Across seven states of India, the project has trained and upskilled an impressive 5,021 women in 10 different art forms and handicrafts. This approach not only preserves traditional arts and crafts but also enhances the livelihoods of women artisans. By providing them with opportunities to showcase their skills, the project connects them with a wider market, ensuring fair compensation for their efforts.
The Women Empowerment project has had a significant ripple effect, involving 6,129 women and their families in its initiatives. As women gain economic independence, they actively involve their families in their ventures, leading to overall economic improvement and social progress within their households.
Beyond direct beneficiaries, the positive influence of the project has reached an astonishing 24,516 individuals. The project’s focus on empowering women and promoting economic self-sufficiency reverberates across communities, driving positive change and fostering sustainable development.
LTIMindtree’s collaboration with Sankalp Manav Vikas Sanstha, Nudge Foundation, and Tisser Artisans Trust has been instrumental in ensuring the success and far-reaching impact of the Women Empowerment project. By pooling together their expertise and resources, these organizations have created a formidable force for women’s empowerment and socio-economic progress.
3. Health and Wellness
Moreover, LTIMindtree demonstrated a keen sense of social responsibility by directing funds towards Health & Wellness. It actively supported healthcare facilities, disease prevention campaigns, and initiatives that promote a healthier lifestyle. Recognizing that a healthy population is essential for social progress, LTIMindtree took meaningful steps towards improving public health.
Cataract Surgeries
LTIMindtree’s commitment to healthcare and community well-being is evident in its partnership with the Rotary Club of Madras East Trust and Aravind Eye Hospital to conduct free cataract surgeries in Tamil Nadu and Puducherry. Through 71 rural screening camps held during Phase-1 of the initiative, the project successfully restored eyesight for an incredible 5,017 individuals. This intervention has not only improved the quality of life for these individuals but also reaffirmed LTIMindtree’s dedication to making essential healthcare accessible to underprivileged communities.
Building on the success of Phase-1, the initiative continued with Phase-2, where the eyesight of an additional 1,982 people was successfully restored through cataract surgeries. This second phase further solidified the impact of the project, reaching out to even more individuals in need and fostering lasting change within the communities served.
The total number of patients who benefited from these free cataract surgeries stands at an impressive 6,999. By offering access to essential eye care services, LTIMindtree’s partnership with the Rotary Club of Madras East Trust and Aravind Eye Hospital has played a vital role in preventing avoidable blindness and ensuring that those in need receive timely and effective treatment.
Mobile Health Unit
The Mobile Health Units operated by LTIMindtree in collaboration with HelpAge India in Noida (NCR) and Choutuppal and Toopran (Telangana) are shining examples of the company’s commitment to providing primary healthcare services to marginalized elderly and rural communities.
Through these Mobile Health Units, essential healthcare services have been brought closer to the doorstep of those who need it the most. The project’s dedicated healthcare teams have provided a staggering 37,800 treatments to 4,631 patients, addressing a wide range of medical needs and ensuring access to quality healthcare for all.
The Mobile Health Units have also been instrumental in conducting 850 lab tests, facilitating early diagnosis and timely medical intervention. By enabling access to diagnostic services, the project plays a crucial role in preventing and managing various health conditions, contributing to improved health outcomes in the target communities.
Recognizing the importance of preventive healthcare, the project has organized awareness camps on dental health, eyecare, and diabetes. These camps have not only educated communities about preventive measures but have also empowered individuals to take charge of their health and well-being.
Additionally, the project’s home visits for patients with mobility issues have been crucial in ensuring that even those with limited access to healthcare facilities receive the necessary medical attention. These personalized home visits demonstrate LTIMindtree’s commitment to leaving no one behind in its pursuit of comprehensive healthcare for all.
Through the Mobile Health Units, a total of 4,631 individuals have benefited from essential healthcare services, with a particular focus on marginalized elderly and rural communities. LTIMindtree’s collaboration with HelpAge India in operating these units reinforces the company’s dedication to fostering health equity and promoting the overall well-being of vulnerable communities.
4. Environment Sustainability
The company’s focus on Environmental Sustainability is a testament to its dedication to preserving the planet for future generations. LTIMindtree invested in eco-friendly projects, conservation efforts, and renewable energy initiatives. By incorporating sustainable practices into its CSR strategy, LTIMindtree aligns its business goals with environmental stewardship, showcasing its commitment to long-term sustainability.
My Tree Project
The My Tree project, spearheaded by LTIMindtree Limited in collaboration with the SankalpTaru Foundation, stands as a testament to the company’s commitment to environmental sustainability and creating a greener future. With the overarching goal of sustainable transformation of the environmental ecosystem, the project focuses on planting trees to combat climate change and promote biodiversity.
As part of this ambitious initiative, a staggering 29,951 saplings were planted across various regions. These saplings, carefully selected to thrive in their respective environments, play a vital role in restoring and preserving natural ecosystems. Each sapling represents the promise of cleaner air, enhanced biodiversity, and improved ecological balance. The project’s efforts go beyond mere tree planting, as it also includes a comprehensive maintenance plan for the saplings over three years. This commitment to nurturing and caring for the planted trees ensures their survival and growth, maximizing their positive impact on the environment.
Furthermore, in a remarkable move to commemorate the merger announcement, LTIMindtree took on an ambitious target of planting 1 lakh saplings. This monumental undertaking reflects the company’s dedication to increasing green cover and neutralizing CO2 emissions, contributing significantly to climate change mitigation efforts.
The impact of the My Tree project goes beyond the numbers, as each sapling embodies hope for a sustainable future. As these trees grow and mature, they will provide numerous benefits to the environment and communities they serve. From mitigating climate change by absorbing carbon dioxide to supporting local biodiversity and providing valuable ecosystem services, the planted saplings will make a lasting contribution to environmental conservation.
As the My Tree project continues to thrive, LTIMindtree’s commitment to environmental stewardship becomes increasingly evident. By actively engaging in reforestation and afforestation efforts, the company takes proactive measures to combat deforestation and environmental degradation. As the project reaches its objectives, the 129,951 saplings planted through the My Tree initiative serve as a green testament to LTIMindtree’s dedication to CSR and sustainability. These trees symbolize a brighter, greener future, where businesses like LTIMindtree play an active role in protecting and preserving the environment for generations to come.
Complete Utilization, No Carry Forward
One of the most remarkable aspects of LTIMindtree’s CSR approach was its exceptional financial prudence and dedication to maximizing social impact. By utilizing all allocated CSR funds without any unspent amounts, the company showcased its efficient execution of social welfare programs.
The absence of any unspent CSR funds meant that there was no need to transfer money to specified funds or accounts as required by the Companies Act. This complete utilization of funds reflects LTIMindtree’s rigorous planning, effective implementation, and meticulous monitoring of its CSR initiatives.
Exceptional Impact on Society
LTIMindtree’s CSR programs and partnerships left a lasting and positive impact on the lives of underprivileged individuals. The company’s efforts supported the livelihoods of an impressive 579,916 people from underserved communities, uplifting families and creating a ripple effect of positive change within these communities.
Through education initiatives, LTIMindtree enabled individuals to gain valuable skills and knowledge, empowering them to pursue better opportunities and improve their economic circumstances. Empowerment programs, on the other hand, empowered women and underprivileged groups, giving them the confidence and resources to lead self-sufficient lives.
The company’s investments in Health & Wellness contributed to improved healthcare access and disease prevention, positively impacting the overall well-being of communities. Additionally, LTIMindtree’s focus on Environmental Sustainability contributed to a greener and more sustainable future, reflecting the company’s commitment to responsible stewardship of the planet.
Mindtree Foundation’s Commitment
The Mindtree Foundation’s role as an extension of LTIMindtree’s CSR efforts is commendable. Its commitment to driving positive change in society was evident in the increase in funding for CSR initiatives from INR 166 Million in the previous year to INR 241 Million in 2022-23.
As a separate entity dedicated to social responsibility, the Mindtree Foundation reinforced LTIMindtree’s dedication to making a lasting impact on society. Its efforts complemented and expanded the reach of LTIMindtree’s CSR initiatives, further strengthening the company’s commitment to societal well-being.
Conclusion
Despite fully utilizing the unspent CSR provision of INR 77 Million from the previous fiscal year, LTIMindtree’s commitment to social responsibility did not waver. Allocating INR 35 Million of that sum towards CSR initiatives in 2022-23, the company demonstrated its continued dedication to creating a positive impact on society. This sustained commitment highlights LTIMindtree’s understanding that CSR is an ongoing process, and the positive effects of social investments may take time to materialize fully. By ensuring a sustained effort, the company seeks to drive sustainable change and contribute meaningfully to the communities it serves.
