hcltech: HCLTech launches Climate Action Grant in Americas, commits $5 million to support NGOs

HCLTech today launched a program to provide grants to non-governmental organisations (NGOs) combating climate change and restoring biodiversity across the Americas geography.

The HCLTech Grant program has been supporting India-based NGOs for the last eight years and is now being launched in the Americas to aid NGOs and further scale their grassroots innovation in climate action.

Elevate Your Tech Prowess with High-Value Skill Courses

Offering College Course Website
Northwestern University Kellogg Post Graduate Certificate in Product Management Visit
Indian School of Business ISB Digital Marketing and Analytics Visit
Indian School of Business ISB Product Management Visit
Indian School of Business ISB Digital Transformation Visit

The Noida-headquartered firm has committed $5 million over five years for the program. Every year, three NGOs with innovative and sustainable projects will be selected through a rigorous screening process to receive grants totaling $1 million. One NGO will receive $500,000, while two others will receive $250,000 each, according to their press release.

“We are deeply committed to our sustainability goals and believe that collective effort is required to combat the challenge of climate change. Through this program, we aim to accelerate innovation in climate projects and build a sustainable planet. Our ambition is to identify organizations that are truly making an impact at the grassroots and help them scale their unique projects,” said Nidhi Pundhir, vice president of global corporate social responsibility at HCLTech.

Eligible NGOs from the following 10 countries are invited to apply for this edition of the grant: the US, Canada, Mexico, Guatemala, Costa Rica, Brazil, Panama, Peru, Argentina, and Columbia. The IT major will host a series of regional virtual roundtables to raise awareness of the program among NGOs and guide them through the application process, the release added. “This collaboration guarantees a framework for impartial and detailed technical advisory that encompasses every step of the selection process, from meticulous applicant screening through selection committee nominations to the final designation of grantees,” it said.

HCLTech also said it is committed to becoming net zero by 2040 and reducing scope 1 and 2 emissions by 50% by 2030. Since the baseline year of FY20, the company has reduced per capita scope 1 and 2 emissions by 22%. It is the first India-headquartered IT services company to join the Water Resilience Coalition and endorse the CEO Water Mandate.

Discover the stories of your interest

HCLTech Grant initiative has supported India-based NGOs since 2016 for projects across the themes of environment, healthcare and education and has invested nearly $16 million in projects to assist the marginalised, underserved, or those living in underdeveloped rural communities. The HCLTech Grant has impacted over 27,000 villages across 22 Indian states benefiting more than 5 million people, and supporting sustainable socio-economic development, it said.

Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts