RILspends ₹1,185 cr on CSR in FY22
NEW DELHI: Billionaire Mukesh Ambani-led Reliance Industries Ltd ( RIL) spent a record ₹1,184.93 crore in fiscal year ended March 31 on corporate social responsibility (CSR) initiatives that spanned oxygen delivery during second wave of the pandemic, education and healthcare, according to the company’s latest annual CSR Report.
“Through FY22, Reliance put social responsibility initiatives, health and well-being of communities at the top of its agenda,” the report said.
This went beyond supporting employees as well as their extended families and was aimed at caring for the most-atneed across India in the face of an emergency.
“During FY22, Reliance contributed ₹1,184.93 crore towards supporting a number of needbased, impactful CSR initiatives,” it said.
The initiatives were spearheaded by Reliance Foundation, the philanthropic arm of the company led by Nita M.
Ambani.
“The past two years have been about ‘seva’ or service to humanity,” the oil-to-telecomto-retail conglomerate said. “While the year 2021 started off with a lot of hope, it also marked the severest second wave of the Covid- 19 pandemic—the largest humanitarian crisis that has affected the world and our country.”
Through the pandemic, Reliance
said it worked to fulfil the emerging, urgent needs of the nation during the unforeseen pandemic situation while working to empower communities to rebuild their lives. “This was not about corporate social responsibility. This was about saving, securing and reviving lives, and dreams and hopes for a better future,” it said.
During FY22 (April 2021 to March 2022), Reliance underlation,” took a range of initiatives through its pillars of work including rural transformation, health, education, disaster response along with sports for development initiatives.
Detailing its pandemic response, the report said over 8.5 crore free meals were distributed to front-line workers and vulnerable communities. RIL produced 1,000 tonne of oxygen every day during the second wave and gave it free to states for over 100,000 patients. Besides, it set up 2,000+ beds hospital for covid care.
Under its rural initiative, it created 1.21 crore cubic meters of water harvesting capacity, assuring irrigation to over 5,600 hectares of land for at least two cropping seasons. It also helped 10,896 rural households meet nutritional needs and trained 22,000 members of self-help groups.
“Most importantly, its covid-19 response to support the nation and its people was rolled out through five missions, continued to pivot and intensified through the year, based on the urgent and emerging needs,” it said.