Professional Documents
Culture Documents
SR.NO PAGE NO
1. INTRODUCTION. 4
2. THE SPIRIT” AND VALUES. 5
3. WIPRO CONSUMER CARE CHARTER ON CSR. 5-6
4. WIPRO CONSUMER CARE CSR POLICY. 6-7
5. GOVERNANCE AND MANAGEMENT. 7
6. WIPRO CORPORATE SOCIAL RESPONSIBILITY STRATEGY. 7
3.1. SOCIAL PARTNERSHIPS. 8
7. CSR COMMITTEE. 8
8. CSR SPEND. 8-9
9. EDUCATION. 9
9.1. SYSTEMIC REFORMS IN SCHOOL EDUCATION. 9
9.2. EDUCATION FOR UNDERPRIVILEGED CHILDREN. 9-10
9.3. WIPRO EARTHIAN. 10
9.4 EDUCATION FOR CHILDREN WITH DISABILITY. 10
9.5. AZIM PREMJI UNIVERSITY. 11
10. SCHOLARSHIPS AND FELLOWSHIPS. 11
10.1. SANTOOR WOMEN’S SCHOLARSHIP. 11
10.2. ENGINEERING AND IT SCHOLARSHIPS. 12
10.3. WIPRO SEF PROGRAMMES IN USA AND UK. 12-13
11. CORPORATE VOLUNTEERING. 13
12. RESPONSE TO COVID-19. 13
13. IMPLEMENTATION OF CSR PROGRAMMES/PROJECTS. 13-14
14. CSR PROJECT BY WIPRO COMPANY (2019-20). 14-17
15. WIPRO CSR ACTIVITIES AND FLAGSHIP PROJECTS IN 17 -18
THE FIELD OF EDUCATION.
16. GRAPH AND PIE CHART. 18
17. DRIVERS FOR INTERNATIONALIZATION. 19
18. INTERNATIONAL OR MULTINATIONAL STRATEGIES. 20
19. FACTORS IN INDIA. 20
19.1 ECONOMICAL FACTOR. 20
19.2 POLITICAL FACTOR. 21
19.3 SOCIO- CULTURAL. 23
19.4 TECHNOLOGICAL FACTOR. 24
20. GEOGRAPHIES. 25
21. CONCLUSION. 25
22. REFERENCE 26
CHAPTER 1: INTRODUCTION.
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO) is a leading global
information technology, consulting and business process services company.
They harness the power of cognitive computing, hyper-automation, robotics,
cloud, analytics and emerging technologies to help their clients adapt to the
digital world and make them successful. A company recognized globally for
its comprehensive portfolio of services, strong commitment to sustainability
and good corporate citizenship, they have over 160,000 dedicated employees
serving clients across six continents. Together, we discover ideas and connect
the dots to build a better and a bold new future.
Wipro Limited is a Global multinational IT consulting and System Integration
Services Company headquartered in Bangalore, India. As of December 2014,
the company has 154,297 employees servicing over 900 large enterprise &
Fortune 1000 corporations with a presence in 61 countries. On 31 January
2015, its market capitalisation was approximately 1.63 trillion ($26.3 billion),
making it one of India's largest publicly traded companies and seventh largest
IT services firm in the World. To focus on core IT Business, it demerged its
non-IT businesses into a separate company named Wipro Enterprises Limited
with effect from 31 March 2013.
The demerged companies are consumer care, lighting, healthcare and
infrastructure engineering which contributed approximately 10% of the
revenues of Wipro Limited in previous financial year. Wipro Limited is a
Global multinational IT consulting and System Integration Services Company
headquartered in Bangalore, India. As of December 2014, the company
has 154,297 employees servicing over 900 large enterprise & Fortune 1000
corporations with a presence in 61 countries. On 31 January 2015, its market
capitalisation was approximately 1.63 trillion ($26.3 billion), making it one of
India's largest publicly traded companies and seventh largest IT services firm
in the World. To focus on core IT Business, it demerged its non-IT businesses
into a separate company named Wipro Enterprises Limited with effect from 31
March 2013. The demerged companies are consumer care, lighting, healthcare
and infrastructure engineering which contributed approximately 10% of the
revenues of Wipro Limited in previous financial year.
CHAPTER 2: THE SPIRIT” AND VALUES.
If there was one underlying entity that guides how everything moves and
everyone acts at this firm, it’s The Spirit of Wipro. The Spirit lies at the core,
it is the essence of being, it reflects in the behaviour of the management and
employees alike. Deeply rooted and unchanging, it is the beacon. The Spirit
gives a sense of direction and is naturally the touchstone of Wipro CSR
activities.
Azim Premji quit his position as Executive Chairman last year to focus on
philanthropy. His son Rishad Premji took over the baton with the same
humility and rootedness you see in Premji Sr. The confident Harvard grad
believes that business organisations must serve a larger social purpose. His
vision of corporations as active and engaged citizens of the world is in tune
with the millennials and Generation Z who are taking over the workforce.
At Wipro Consumer Care, it is our conviction that the engagement with social
issues must be deep, meaningful and formed on the bedrock of long term
commitment. This is also reflective of the fact that such an approach serves
both, enlightened business interest and social good. We run our social
programmes on a strong foundation of ethical principles, good governance and
sound management. This includes holding ourselves up to public scrutiny
through a framework of transparent, rigorous reporting.
In times like the pandemic social responsibility takes many hues and
dimensions. Even a simple gesture goes a long way. We joined hands with the
local ecosystem of administration, hospitals, NGOs, testing institutes, police
personnel and our distributors to provide them with daily life essentials. Our
factories are in Amalner in Jalgaon, Waluj in Maharashtra, Tumakuru in
Karnataka, Baddi in Himachal Pradesh, Haridwar in Uttarakhand, Rangareddy
in Telangana. Some of these areas not so easily accessible. We provided more
than 15,000 PPE kits, 13,000 N95 masks, 40,000 triple-layer masks, 35 lac
soaps, 51,000 handwash bottles, 17,000 hand sanitizer bottles, 5600
dishwash liquid bottles, 14,000 floor cleaner bottles and 15,000 liquid
detergent bottles. We also provided ventilators, RNA Extraction machines, RT
PCR Testing Machines, X-ray machines, Pulse Oximeters, Multiparameter
monitor & IR thermometer worth Rs.23 million to Government hospitals and
Testing Institutes. In most states, we have worked with the police force to
provide hygiene kits to the personnel.
To protect our channel partners in these times, we extended health insurance
to our distributors. Taking care of our associates and partners is of utmost
importance to us.
We, along with Wipro Limited and the Azim Premji Foundation, have
committed Rs.1125 crore for tackling the COVID-19 crises. We will continue
to support local government hospitals, the poor and the needy.
The central tenets of our approach have been the emphasis on strong,
meaningful work on systemic social issues. Our CSR policy articulated below
reflect these principles and strategies that have informed our long history of
corporate citizenship and social responsibility.
Our approach to social responsibility and sustainability rests on three
important pillars
a. The Strategic:
We choose domains and issues to engage with that are force multipliers for
social change and sustainable development.
b. The Systemic:
We choose to engage on systemic issues that require deep, meaningful and
challenging work. The objective is to affect systemic change at ground level
over a period of time.
c. The Deliberative:
Our emphasis on depth and on long term commitment implies a deliberative
approach that precludes spreading ourselves thin. By implication, this also
means that we are wary of expanding and growing our social programmes as
ends in themselves. We will continue to adhere to this approach going
forward.
The Board Committee is the apex body which supervises our CSR policy and
programmes. The CSR Policy is approved by the board of directors and is
available on the company website. The committee consists of three board
members and is headed by the non-executive director. The CSR plan and
spend is discussed and approved by the CSR Committee at the beginning of
each year.
There are two main focus areas for all the Wipro CSR activities: one is to
make the company more sustainable in line with the triple bottom line
approach; the other is to work towards a just, inclusive and sustainable society.
While the main focus areas of Wipro corporate social responsibility are
Education, Ecology, Primary Health Care and Disaster Response, the CSR
activities of Wipro projects span various sub-categories including Urban
Ecology, Access and Inclusion in Education to public spaces.
The Wipro CSR committee was formed in accordance with the norms in
Section 135 of the Companies Act, 2013. It is part of the Board Governance,
Nomination and Compensation Committee. It comprises three Independent
Directors (William Arthur Owens, M. K. Sharma and lreena Vittal) with Mr.
Owens also being the Chairman of the CSR Committee.
The CSR committee meets at least twice a year.
All strategic decisions are considered by the Board in their meetings;
once the decisions are taken, the operational details are handled by the
CSR Committee.
CHAPTER 9: EDUCATION.
The majority portion of the CSR budget is directed towards education and
skilling initiatives. The belief is that a good education brings about a better
society, as has been proven in countless impact studies. The interventions span
primary and secondary schooling, and higher education in India and abroad.
This initiative was the first in corporate social responsibility by Wipro back in
2001. It has been bringing change in education for two decades, by either
working on the issues related to school reform or by supporting organisations
doing good work in this area. The initiative also encourages civil society
organisations in other fields to implement education projects in conjunction
with their goals.
Wipro earthian is the flagship CSR programme that intertwines Education and
Sustainability at the school and college levels. It has two components: the pan
India outreach programme and the CEP (Continuous Engagement
Programme). In fact, it’s our country’s biggest sustainability education CSR
initiative.
The year 2020 is special because it marks the 10th anniversary for Wipro
earthian. The idea was to get young people thinking about the environment
and come up with new ideas. The youth is made aware of the impact of their
actions on the environment. Climate change is no longer a theoretical idea for
many kids who have participated in the exciting annual event.
Approximately 8,000 schools and colleges submit their ideas on challenges
related to sustainability. The 20 best entries are awarded. CEP begins after the
awards, where Wipro corporate social responsibility works closely with the
winners, faculty and students in the area of sustainability education. Youth are
exposed to fresh perspectives outside their comfort zone on subjects related to
biodiversity, water and waste. The institutes they represent, in turn, become
partners in change.
CSR programmes for Persons with Disabilities about, but there isn’t enough in
inclusive education or support for children with disabilities from impoverished
households. This initiative is not only an educational one, although specially
trained teachers are tutoring the kids. This programme also integrates other
important factors that children with disabilities need, like assistive technology,
health care and nutritious food.
9.5. AZIM PREMJI UNIVERSITY.
Wipro Consumer Care and Wipro Cares are at the helm of this scholarship
which has gone on to become popular with young women in Andhra Pradesh,
Telangana, and Karnataka. Santoor Women’s Scholarship is meant for girls in
these three States who have completed Class 12 and want to pursue higher
studies but don’t have the means to. As many as 900 female students from
low-income backgrounds get access to this scholarship annually for a degree
in science, arts and the humanities.
This CSR programme for girl child education has reached out to 3,600
students in the past four years. Not only has their education received a boost
with the scholarship, they have renewed confidence in themselves and find
themselves financially better off after completing their studies, since they are
also job-ready.
Wipro Science Education Fellowship (SEF) was started in the United States
in 2012 and in the United Kingdom last year. The two-year SEF programme
fosters teacher leaders who will bring a fresh wave of positivity in science
education.
Wipro corporate social responsibility teamed up with Kings College London
for Britain’s first Master’s programme in STEM education. In conjunction
with Sheffield Hallam University, STEM teachers get a professional upgrade
through Wipro Teacher Fellowship and Teacher Mentor programme. The goal
is to build a strong STEM ecosystem for the next generation of students.
Soon after the news of the pandemic emerged, Wipro Enterprises Pvt Ltd
pledged Rs. 100 crores towards tackling the COVID-19 outbreak. The disaster
response team lost no time getting in action for on-ground response,
humanitarian aid, and enhancing the healthcare capacity for those affected by
COVID-19.
Marginalised communities on the brink of destruction got food, water, dry
rations, face masks and safety kits. CSR of Wipro partnered with a number of
NGOs to share sanitisers, masks and essential items.
The company itself took a broader view of technology. It has shifted from
reactive to proactive thinking. It is working on solutions for a resilient future.
They will be executed in an integrated manner by Wipro, Wipro Enterprises
Pvt Ltd. and the Azim Premji Foundation.
There are several factors that may be present in the country that can be
positive towards the internationalization process of a company the main
factors that can play a vital role are Economical, political, socio-cultural and
technological factors.
Political factors can be defined as those factors, which are easily influenced by
the government of a country. Political factors are represented by the tax
policies present in a country, tariffs, restrictions of trade in a country and the
labor law (Oxford university press, 2007).
Political factors directly influence a business, as all the laws, which are related
to the business, are decided. Some laws are directly related as it leads to
prevention of activities and these laws differ from country to country. Political
factors can play a vital role in the internationalization of the firm. The increase
in trade charges may reduce the number firms participating in exports and
imports. For example if a company tries to avoid the payments of tax, or tries
to deal in illegal products then the possibility of forced dissolution is very
high.
Analysis of the Current Political landscape India:
Table: Analysis of Indian Political landscape
Current strengths Current challenges
Strong democratic setup Allegations of corruption
Stable macroeconomic policies Lack of comprehensive peace deal
Improved relationships with with Pakistan
Europe and North America Terrorism
Key reforms initiated
Future prospects Future risks
19.3 SOCIO-CULTURAL.
These factors arise from within a countries tradition, customs, morals and
beliefs. The more the company is in relation to these by considering the in the
day-to-day activities the smother the company can operate within the country.
If a company is found going against these beliefs, there are higher chances of
boycotting by the people in the country(Oxford university press, 2007). For
example if a company is trying to sell pork products in a Muslim country it
will lead to boycotting the company and this will leave the company with no
choice but to exit the market.
Analysis of the Current Social landscape India:
Table: Analysis of Indian Social landscape
Current strengths Current challenges
Growing proportion of young Healthcare remains a major
people concern
Rapid urbanization Sex ratio- Weak social security
system
Literacy rate improving but still
lagging behind
Low HDI rank
Future prospects Future risks
Employment guarantee scheme Government’s authority
Rising life Expectancy challenged
Rising population
Inability to control birth and
fertility rates
Source: Datamonitor, Country analysis report: India, 2011
The Social landscape of India.
The above table explains the social landscape of India, these are divided into
the following:
Current strengths: the current strengths found in the social landscape of
India are growing proportion of young people and Rapid urbanization.
Current challenges: the current challenges are Healthcare remains a
major concern, Sex ratio- Weak social security system, Literacy rate
improving but still lagging behind and Low HDI rank.
Future prospects: the future prospects of the social factors are
Employment guarantee scheme and the Rising life Expectancy.
Future risks: the Future risks in the social factors are Government’s
authority challenged, rising population and Inability to control birth
and fertility rates (Datamonitor, 2011).
Wipro CSR has specific targets for social growth that its well-designed
programmes are working towards. Establishing an ecosystem for STEM and
sustainable education, for example. Or fighting climate change and preserving
the environment through collaborative advocacy in water, waste and
biodiversity. CSR activities of Wipro are making student’s lives easier with a
range of scholarships, in turn freeing them up to pursue higher goals.
https://thecsrjournal.in/wipro-csr-report-azim-premji/
https://csrbox.org/India_Company_Wipro-Ltd-Karnataka_33
https://wiproconsumercare.com/corporate-social-responsibility/
https://www.avinashchandra.com/wipro-csr-activities
Research Paper.