Corporate Social Responsibility

The requirement for blood outstrips the available supply. Shortage of blood in the blood banks is a cause of concern in India. Infrastructure and equipment available for handling collection and storage of blood is scarce. Further, the challenge of transporting blood from the camps to the blood banks is huge across the country.

ICICI Foundation has started providing vehicles for transporting blood to bridge this gap. In fiscal 2023, 14 blood collection vehicles and 16 transportation vehicles were provided to hospitals. These vehicles, which are smaller compared to large patient vehicles, are equipped with blood storage facility to assist organisations in areas where large patient vehicles cannot travel.

ICICI Foundation has been working consistently to make dialysis affordable and accessible to kidney patients across India, has been providing dialysis machines to hospitals that treat kidney patients at a nominal or no cost in the country, particularly in the smaller cities. Since the inception, provided more than 500 dialysis machines and has supported nearly 300,000 dialysis sessions

The Bank committed to donate Rs 12 billion towards Tata Memorial Centre (TMC), a premier institution that runs cancer treatment and research centres across the country. The Bank will donate the money from its CSR funds to set up three new buildings, covering a combined area of 7,50,000 square feet, at Navi Mumbai in Maharashtra, Mullanpur in Punjab and Visakhapatnam in Andhra Pradesh. The funds will also be used to equip the buildings with state-of-the-art machines. With the largest contribution from any institution to TMC, ICICI Foundation will implement the initiative, which is likely to be completed by 2027. The initiative will enhance comprehensive cancer care services in different regions of the country by providing patients access to advanced and latest cancer therapies.

With an objective is to sustainably increase productivity and incomes, help farmers adapt to climate change and reduce greenhouse gas emissions, wherever possible. ICICI Foundation has been promoting Climate Smart Agriculture (CSA) to help farmers respond effectively to climate change while enhancing crop productivity and thereby increasing their income. Under its Rural Livelihood Programme, ICICI Foundation has been supporting CSA since 2018 by promoting scientific methods of paddy cultivation in several states of India. It is helping paddy farmers increase productivity by deploying the System of Rice Intensification (SRI) and the Alternate Dry and Wet (ADW) irrigation methods. 11 billion liters of water saved annually through deployment of SRI and ADW methods. Over 2,240 farmers in Andhra Pradesh, Karnataka, Kerala, Tamil Nadu and Telangana are benefitted through this intervention.

With an aim of generating employment for underprivileged youth as part of a unique livelihood and skilling initiative, ICICI Academy for skills provides sustainable job opportunities for such youth through industry-relevant and job-oriented training. The training centres are equipped with state-of-the-art practical laboratories for imparting technical and non-technical skills through courses that are in collaboration with reputed institutions.

205,550 Youth were skilled since inception until Mar 31, 2023 and 20,000 Youth trained in fiscal 2023.

Our commitment to strengthening local ecosystems through its value chain-based projects and provide sustainable livelihoods to make villages self-sustaining. ICICI Foundation has been supporting the lac farmers of Jharkhand since 2020. The project provides the farmers with infrastructure and support for lac cultivation.

Positively impacted 4,430 beneficiaries and witnessed 60% increase in the average income of 2,200 tribals and forest dwellers where the intervention has been carried out for over a year.

Bridges built in hilly terrains provide villagers with better connectivity, which in turn, promotes school education, livelihood, technology transfer and conservation of natural resources.

In 2022, ICICI Foundation, in collaboration with Himalayan Environmental Studies and Conservation Organisation (HESCO), initiated construction of bridges to improve connectivity in Uttarakhand. It completed building 15 pedestrian bridges in six districts of Uttarakhand in 2022 and another 55 in 2023. The Foundation extended the expanse of its work to other areas of the Himalayan region by building 13 bridges in Himachal Pradesh and 8 in Jammu and Kashmir in fiscal 2023.

ICICI Bank stood by the people of Assam by extending relief to the flood-hit people in the state of Assam in fiscal 2023. We provided essential food supplies such as rice, pulses, mustard oil and puffed rice along with kitchen utensils. The Bank also provided Galvanised Iron (GI) sheets for the reconstruction of roofs of damaged houses. Our efforts supported over 14,000 families.

Financial literacy is essential to help individuals make informed decisions and manage their finances effectively. We organise regular financial literacy outreach programmes to educate people on financial management skills. Each programme is designed to cater to the specific needs of different groups within the community, such as low-income families or small business owners, professionals and corporate employees, etc. We collaborate with local schools, community centres and financial institutions to reach out to a wider audience through the programme. During fiscal 2023, the target audience included students, daily wagers, self-help groups, railway coolies and porters, Railway Protection Force (RPF), Central Industrial Security Force (CISF), juveniles, physically challenged, transgenders, Anganwadi (rural childcare centre) workers, Accredited Social Health Activist (ASHA) workers, farmer groups, among others.