Ingersoll Rand to spend CSR funds through PPP model

Ingersoll Rand India, for its Corporate Social Responsibility (CSR) spend, is planning to take up direct interventional project in Karnataka, Tamil Nadu, Gujarat and Delhi.

“For direct interventional projects, we plan to focus on a PPP model where we will allocate resources in education, sustainability, healthcare-sanitation, skill-development and livelihoods as part of CSR spend mandated by the Companies Act, 2013,” Venkatesh Valluri, chairman, Ingersoll Rand India told Business Line.

PPP partners are Shankar Netralaya (health care), Habitat for Humanity (sanitation-sustainability), Agasthya Foundation and Akshya Patra for both (live hood and education sectors).

The company during financial year (FY) spent Rs 2 crore and now for next FY is aiming to spend Rs 2.5 crore,” he added.

In addition to interventional projects, the company is planning to align its philanthropy and community outreach efforts with the core business strengths in innovation, sustainability, energy efficiency and comfort.

Projects

PPP Projects Ingersoll Rand has associated are Swachh Bharat Mission with Habitat for Humanity in Bangalore, Chennai and Gujarat. Through this 500 individual toilets are to be built.

Agastya Jacubpura Science Centre in Govt Girls Senior Secondary School Gurgaon to focus on girl child and in the next one year proposes to impact over 12,000 children and train 125 teachers for stimulating science education through experience and practical mentoring.

Agastya Mobile Science Lab in Chennai - will target schools in rural and backward areas of Chennai to promote science education amongst children as well as train teachers. Over 20,000 children and 80 teachers will be impacted through the project.

Agastya Mobile Science Lab in Bidadi (Karnataka) - will target over 22,000 students, 150 teachers through 40 schools in and around the area.

Agastya Mobile Science Lab in Naroda (Gujarat) - will target schools in rural and backward areas of Naroda to promote science education amongst children/ train teachers. The project will impact over 22,000 students and 150 teachers through 40 schools in and around the area.

Akshay Patra Mid-day meal program in Bangalore and Ahmedabad- will support about 3000 children in Bangalore and approximately 3600 children in Ahmedabad for a period of a year through this program.

Sankara Eye Care Van in Karnataka – is supporting the program by providing logistical support through which the hospital aims to touch the lives of over 20,000 beneficiaries with 12,000 patients likely to benefit through surgical intervention.

ITI Skill Development program in Gujarat - will help towards addressing a shortage of skilled human resources through this capability enhancement initiative to bridge the manpower skill gap by partnering with the technical institute through customized technical trainings.

United Way of Bengaluru Lake Uttarahalli project in Bidadi (Karnataka) - will support the United Way of Bengaluru (UWB) to rejuvenate Uttarahalli Lake.

Globally the Ingersoll Rand model for CSR is cantered on the belief that social convergence will entail converging multiple technologies and applications from various likeminded organizations and institutes to deliver comprehensive solutions to improve living standards of the societies where it operates.

Swati Bhattacharya, Vice President – Corporate Relations and Public Affairs, Ingersoll Rand said, “At Ingersoll Rand, we are passionate about creating a better future. We believe in Corporate Social Value creation and building a mutually beneficial relationship with the communities we operate in.”

COMMENT NOW