Infosys has been an early adopter of a strong CSR agenda. Along with sustained economic performance and robust eco-sustainability management, they believe in the importance of social stewardship. They embrace responsibility to create a positive impact in the communities in which they work and live. The key programs are driven by the valuable CSR platforms they’ve built over the years.
CSR Project or Activity
1) Infosys Foundation
Creates opportunities for the underprivileged and strives to build a more equitable society through support for programs in the areas of education, arts and culture, healthcare, rural development, and destitute care. In 2018, the Foundation’s activities have extended from Jammu & Kashmir to Tamil Nadu, and from Gujarat to Arunachal Pradesh, with an emphasis on expanding reach while ensuring focus on key areas of development. The highlights of the Foundation’s work included the building of a dharmashala at PGIMER, Chandigarh, gravity-fed water supply systems around Visakhapatnam, renovation of Capital Hospital at Bhubaneswar, a hi-tech kitchen at Kandi, Telangana in partnership with the Akshaya Patra Foundation and continued Swachh Bharat efforts in Tamil Nadu, Karnataka, Maharashtra and Telangana.
2) Infosys Foundation USA
Focuses on bridging the digital divide in America. It aims to give children, young adults, and workers across the United States the skills they need to become creators, and not just consumers of technology. In fiscal 2018, Infosys Foundation USA advanced its mission to increase access to Computer Science (CS) and Maker education, with an emphasis on under-represented students. The Foundation has impacted teachers, students and schools across US states, through initiatives such as :
- CS Teacher Support
- CS Student Support
- Maker Initiatives
3) Infosys Science Foundation
Instituted the Infosys Prize, an annual award, to honor achievements of researchers and scientists across engineering, computer science, physical sciences, social sciences, humanities, mathematical sciences, and life sciences. The Infosys Prize, governed by the ISF, recognizes some of the finest research connected to India. The prize winners are awarded a purse of INR 65 lakh (tax-free in India) and a citation by a jury of global renown across six fields.
4) Sustainability at Infosys
Delivering on Infosys’ commitment to make its business, their clients’ businesses, and their ecosystem sustainable across the three dimensions of economic, social, and environmental development. Through Campus Connect, Infosys shares some of the best practices with engineering colleges, thus aligning the needs of institutions, faculty and students with those of the IT industry. SPARK and Rural Reach programs focus on raising aspirations and building awareness about computers and the power of IT among students in rural India. Infosys has been persistent in their efforts to ensure reuse, recycling and responsible disposal of waste to minimize the amount of waste going to landfills. To achieve the goal of sourcing 100% of our electricity requirements from renewables, Infosys has continued to invest in solar energy across our campuses. In fiscal 2018, the company installed a solar farm of 30MW capacity in Karnataka.
Infosys has been inducted into the prestigious Dow Jones Sustainability Indices (DJSI) on September 7, 2017 and is now part of the DJSI World and DJSI Emerging Markets Indices.
Source: Infosys – Annual Report 2017-18
India Avenue is a boutique investment management firm providing investment solutions that allow our clients to benefit from India’s remarkable growth story.
OUR BUSINESS
2005
The journey towards the “birth” of India Avenue originated in 2005, when ING Investment Management started a business in India as a separate division, utilising a practiced multi-manager philosophy in markets like Australia, and exported it to India. Three of our founders, Mugunthan Siva, Rajeev Thakkar and Sajjan Raut Desai worked together for INGIM (India), building investment strategies and structures, under this philosophy and applying them to Indian capital markets
2011
In 2011 our founders started discussing the possibility of building an investment firm with a capability to provide a focus on India as an stand-alone investment jurisdiction for foreign investors. The founders identified Australia and New Zealand as nascent markets for investing in regional locations, with the potential to accelerate given education and insights which the firm could provide.
2015
By 2015 the group of founders decided to work full-time on this concept to bring it to life. They did this by leaving their existing employment, thus exercising high conviction in the investment region of India as a long-term structural story for investors in Australia and New Zealand. Thus, the firm India Avenue Investment Management was registered and came to life in 2015 in Sydney, Australia.
2016
After building our business for a period of 12 months, our first fund, The India Avenue Equity Fund was launched on 6th September 2016, with strong service provider partners like Equity Trustees (RE), Mainstream (Fund Administrator), KPMG (Fund Auditor) and BNP India (Custodian).
NOW
India Avenue is now a boutique investment business firm, with clients spread across family offices, high net worth individuals, wealth advisers and financial planning firms. Our firm has focused on education and knowledge as a driver of investment behaviour and have taken a long-term approach towards Australian and New Zealand investors contemplating an allocation to India’s growth as part of their portfolios. Our firm has assets in excess of A$50m and the India Avenue Equity Fund is rated “Recommended”* by Lonsec and is available on multiple investment platforms across Australia and New Zealand.