Major focus areas
Making ‘Zero Burning Villages’
During fiscal 2023, reached out to more than 1,20,000 farmers across 853 villages, to encourage them to end the practice of stubble burning. The programme involved spreading awareness about the detrimental effects of Parali burning and providing alternatives for utilising the crop stubble to enrich the soil as raw material for producing CNG, extracting oil and making high quality cardboards. This initiative saved 498,285 acres of land from burning, curbing emissions of CO2 by 1.92 million tonnes and methane by 110,000 tonnes, according to the assessment provided by Punjab Agricultural University.
Further, 600 villages were declared ‘zero burning villages’ by Gram Panchayats or District Agriculture Officers of the villages.
Installation of Solar Power in Rural Schools
In fiscal 2023, identified and supported <30> rural schools in Meghalaya through installation of solar power facilities. The installation of solar power is helping the schools run their computer classes without disruption. The schools are able to operate essential electrical equipment such as lights, fans, computers, projectors and charging stations for devices without interruption. This has helped improve the quality of education and learning outcomes of students with multimedia and digital resources as well as technology-led innovative teaching methods.
The initiative is thus empowering students, teachers and communities by providing access to clean and sustainable energy sources and yielding economic benefits for the schools
Supporting Ecological and Wildlife Conservation in Forests
Worked towards ecological and environmental conservation and supporting sustainable livelihood of the people living in the periphery of forests under. During fiscal 2023, the project has been extended to <42> forests and national parks across the country. The interventions in these forests include animal safety and healthcare, making water available for flora and fauna, habitat restoration and conservation, afforestation and prevention of soil erosion. The programmes aim at the protection of carnivores, herbivores and other animals. ICICI Foundation is also assisting the communities in the surrounding villages through livelihood support, water management and initiatives to minimise their dependence on forests.
Installed solar-powered pumps at over 80 locations to operate bore wells, developed grassland 2,245 acres and cleared weed from over 4,265 acres of land.
Creating Water harvesting potential
Engaged with local authorities and administration to undertake projects relating to water conservation and rejuvenation of water bodies. ICICI Foundation has been running a rainwater-harvesting programme in schools since fiscal 2021. Till Mar 31, 2023, ICICI Foundation had implemented the programme in 5,800 schools. In addition, ICICI Foundation educates students on the importance of conserving water
In fiscal 2022, ICICI Foundation had set up a spring water-harvesting unit to channelise the spring water through water pipes to four villages Manipur. The Foundation continued with this initiative in fiscal 2023 and installed 25 more spring water harvesting units, each with a storage capacity of 15,000 liters of water. This has made the forest dwellers realise the significance of forests in everyday life and become its protectors.
Our CSR Committee
Mr. Girish Chandra
Chaturvedi
Non-Executive (part-time) Chairman
Mr. Radhakrishnan
Nair
Independent Director
Ms. Vibha
Paul Rishi
Independent Director
Mr. Uday
Chitale
Independent Director
Mr. Rakesh
Jha
Executive Director
Projects approved under the CSR Plan
Impact Assessment Reports
The Bank conducted impact assessment through external agencies for 8 projects in Fiscal Year 2022-23 out of which 6 projects were implemented through the ICICI Foundation and two projects were directly implemented by the Bank.
ICICI Foundation for
Inclusive Growth
The ICICI Foundation was set up in 2008 to further strengthen the Group’s legacy of promoting inclusive growth. ICICI Foundation focuses on high impact projects that are sustainable.