It goes a long way in reinforcing the beliefs about Corporate Social Responsibility and what it means to People who are truly affected in times of massive catastrophe. I was really touched and moved when I read the internal communication today about CTS committing itself in trying to rebuild Chennai with its own contribution. Truly proud to be a part of this wonderful organization that has time and again proved itself as customer and employee centric company. This has helped the organization to grow by leaps and bounds over the years because of this unmatched focus. And it has shown in times of dire need that it’s payback time to a city where the seeds of astronomical growth were sown. May this organization grow many more in the years to come. The thought and the gesture of providing support to the needy in times of dire situation speaks volumes this organization’s commitment. A company spread across continents but United in thought at this critical hour is what makes this organization truly world class. I am humbled and at the same time delighted to be a part of this glorious global organization. It’s that personal care for people, be it a customer or an employee that is the differentiator. I had seen that during the Mumbai carnage when the Tatas pledged so much and now Cognizant for Chennai. This is what differentiates the Leaders from the laggards. God bless.
Cognizant Commits Support of $40 Million (Rs 260 crore) to Flood Relief and Rehabilitation Efforts in Chennai, India
TEANECK, N.J. and CHENNAI, India, Dec. 8, 2015 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced a commitment of $40 million (Rs 260 crore) to help residents, its employees and business partners in Chennai, India, with relief and rehabilitation in the aftermath of recent flooding.
Cognizant, one of Chennai’s largest employers with more than 60,000 employees and 11 facilities, will take a multi-pronged approach to support relief and longer-term rehabilitation measures in the city.
The $10 million (Rs 65 crore) of funding is targeted to help the residents of Chennai through:
- Direct grants to the Tamil Nadu Chief Minister’s Public Relief Fund
- Direct grants to NGOs, including AmeriCares India, and other charitable and relief organizations providing healthcare, housing and other support in the city
- Direct health initiatives and other community programs to help prevent the spread of disease and assist in the rebuilding of communities within Chennai
In addition, Cognizant has committed $30 million (Rs 195 crore) to assist with the immediate and longer-term recovery needs of its employees and business partners through:
- Direct grants and loans to employees, as well as other individuals who support Cognizant’s Chennai operations
- Dedicated healthcare teams to provide medical care, consultation and disease prevention to employees and business partners
Cognizant also plans to sponsor and fund additional initiatives through Cognizant Foundation, which spearheads the company’s corporate social responsibility initiatives in India, and Cognizant Outreach, the company’s employee-led, grassroots volunteering program.
“Corporate support must play a vital role in providing immediate relief and helping to rebuild Chennai,” said Gordon Coburn, President. “Chennai is home to tens of thousands of our employees and their families. We are committed to helping with the large challenge of rebuilding the city and addressing the health, safety and housing needs of the residents of Chennai. We’ve been overwhelmed by the support of our employees, clients and business partners and are working with them to direct their support to impactful relief causes. We encourage the larger Chennai business ecosystem to join us in the effort to quickly recover from this disaster.”
Beautiful Life 