Creating a responsible and sustainable business

Empowering entrepreneurs

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Empowering entrepreneurs

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 Empowerment/Agricultural intervention

(These are current ongoing projects)

The EY Foundation supports the Srinivasan Services Trust (SST) in its holistic village development model, which is based on sustainable development. 193 villages are being supported through this model in Maharashtra, Karnataka, Tamil Nadu and Andhra Pradesh.

EYF is supporting 25 villages in Orissa being implemented by Development Initiative

Livelihood enhancement program

(These are current ongoing projects)

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.

EYF is supporting 77 villages in West Bengal and Telangana being implemented by Dr. Reddy's Foundation. Commitments have been made to support a total of 170 villages in West Bengal, Maharashtra and Telangana.

SHG cum Health / Agricultural intervention

(These are current ongoing projects)

EYF is supporting 130 villages through a SHG - health / agricultural intervention in Tamil Nadu, Karnataka, Bihar, Madhya Pradesh, Jharkhand and Assam. This program is being implemented by Kalanjiam Foundation. Commitments have been made for supporting a total of 370 villages.

EYF is supporting 70 villages through a SHG - health / agricultural intervention in West Bengal. This program is being implemented by PRADAN. Commitments have been made for supporting a total of 140 villages.

Vocational training

The EY Foundation has signed a MoU with the Dr. Reddy’s Foundation (DRF) to fund nine vocational Centers spread across the country with a potential to impact 2,875 students. The vocational training centers will be a low-cost model to enable the underprivileged pursue their goals on a self sustaining basis. The students would be funded through soft loans repayable post their employment.

In the past, EYF has funded 14 centers in 2012.

Capacity building

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.

Tax advice

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.

Helping Childline

EY has offered pro bono advice to Childline, a NPO, on their business plan and scaling up operations to different states across the country.

Goonj

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 computers

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