SAM-4 DIV-2 ROLL.NO-2152 PREPARED BY: ITALIYA RIDDH M. ASSINMENTS: 1&2 SUBMITTED TO : TANVI MA’AM
COMPANY NAME : WIPRO
ABOUT THE COMPANY 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 IntegrationServices 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). 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. healthcare and infrastructure engineering which contributed approximately 10% of the revenues of Wipro Limited in previous financial year. WIPRO CSR ACTIVITY approach to social responsibility and sustainability rests on three important pillars:
The Strategic: We choose domains and issues to
engage with that are force multipliers for social change and sustainable development. 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. The Deliberative: Our emphasis on depth and on long term commitment implies a deliberative approach that precludes 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. DOMAINS
Education : Promoting education, including special
education and inclusive education for children with disability, and skill development and livelihood enhancement projects. We have a unique programme to support young girls education which is called Santoor Scholarship program_ is an initiative to financially support girls from disadvantaged backgrounds, who wish to pursue higher education after grade 12.
Disaster Relief and Rehabilitation : Engaging with
communities affected by natural disasters for relief and long-term rehabilitation to strengthen their resilience, e.g. intervention in livelihoods, access to education.
Community Health Care : Engaging with the
community to promote health care including preventive health care, safe drinking water and sanitation. Providing primary health care services for disadvantaged communities who are proximate to our areas of business operations. Business Sustainability : Reducing and minimizing the environmental footprint of our operations and enhancing the biodiversity quotient of our facilities.
ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water.
The above is only an illustrative list and the CSR
activities will not be restricted to these activities only and CSR Committee will take up new areas of CSR activities if the activities are within the purview of Schedule VII of the Companies Act, 2013 read with CSR rules as amended from time to time Process for undertaking CSR activities/projects through partnering NGOs The following procedure will be adhered to while undertaking/funding CSR activities/projects through NGOs:
Wipro cares or Wipro Foundation, Company’s
implementing partners, conducts due diligence before partnering with any NGO for CSR activities.
Presentation of Project/program details.
Execution of CSR Agreement with the Partnering
NGOs, which will detail the key roles and responsibilities of each of the parties for a specified project or projects identified by the Company.
Scheduling of disbursements of funds relating to the
program and monitoring system in accordance with pre-agreed milestones with partners. The Committee whilst making any contribution will specify the activities for which it is made and the amount for the same.