Creating a responsible and sustainable business
Building on our global commitment to building a better working world through our work with our clients and our markets, we also invest in our communities. We invest to ensure that the skills and characteristics required to enable businesses and societies to thrive are available.
We invest, in entrepreneurs, particularly women, who can help restore and create economic and social wellbeing. This is handled primarily through organizing women into Self Help Groups (SHGs), helping create bank linkages and then facilitating inter lending to promote income generating activities on an entrepreneurial basis. Similarly we also invest in educating farmers on agricultural best practices which in turn helps improve agricultural yield productivity.
Village development program
EYF supports the Srinivasan Services Trust (SST) in its village development model, which is based on sustainable development. 117 villages are being supported through this model in Maharashtra, Karnataka, Tamil Nadu and Andhra Pradesh. It is also supporting 25 villages in Orissa being implemented by Naandi Foundation and 10 villages in Uttarakhand being implemented by CHIRAG.
Livelihood enhancement program
EYF is supporting:
- 32 villages through a livelihood enhancement program for women through Self Help Groups (SHGs) in Uttar Pradesh being implemented by Pardada Pardada Educational Society.
- 100 villages through a SHG - health / agricultural intervention across Tamil Nadu, Karnataka and Bihar. These programs are being implemented by Kalanjiam Foundation
- 32 villages through agricultural / animal husbandry intervention in West Bengal in partnership with Dr. Reddy's Foundation.
- 30 villages through an agricultural intervention in Andhra Pradesh being implemented by Dr. Reddy’s Foundation.
EYF is funding nine vocational training centres run by Dr. Reddy’s Foundation (DRF) spread across the country with a potential to impact 2,875 students. The centers are a low-cost model to enable people from the underprivileged section of the society to pursue their goals on a self-sustaining basis. EYF had funded 14 centers in 2012.
Our people at EY have helped Action for Ability Development and Inclusion, a non- government organization, (NGO) in capacity-building as a pro-bono service.
EY has helped Naandi Foundation, a non-profit organization (NPO) , to obtain the 35 AC permissions under the Income Tax Act, which provided a 100% tax rebate to the donors of Naandi’s mid-day meal program in six states. Naandi currently feeds over 10, 00,000 children every day.
EY has offered pro bono advice to Childline, a NPO, on their business plan and scaling up operations to different states across the country.
EYF is creating an online system as a pro bono service, to help Goonj, a NGO, track movement of clothes and other material received and donor management.
Repaired personal computers (PCs) in Municipal Corporation of Delhi schools at a cost of Rs. 350 to Rs. 500 per PC, as compared to another corporate buying PCs at around Rs. 25,000 per PC